FIXED DEPOSITS
TOP 7 BANK INTEREST RATES ON 1-YEAR FDs
Indians prefer fixed deposits (FDs) for investments due to safety and guaranteed returns, but finding the best interest rates can be challenging.
Here are the top 7 banks offer these interest rates on 1-year-FD:
Kotak Mahindra Bank
7.1% interest for general citizens, and 7.6% for seniors on one-year fixed deposits, effective from June 14.
Credit : PIXABAY MONEYCONTROL Federal Bank
Federal bank increases interest rates on fixed deposits to 6.8% for general citizens, and 7.3% for seniors.
Credit : MONEYCONTROL ICICI Bank
ICICI Bank offers 6.7% to general citizens and 7.20% to senior citizens on 1-15 month FDs.
Credit : MONEYCONTROL HDFC Bank
HDFC Bank offers 6.6% to general citizens and 7.1% to senior citizens on 1-year fixed deposits from July 24, 2024.
Credit : MONEYCONTROL SBI (State Bank of India)
SBI India offers 6.8% to general citizens and 7.3% to senior citizens effective June 15.
Credit : MONEYCONTROL Canara Bank
Canara Bank introduced fixed deposit interest rates of 6.85% and 7.35% on one-year deposits starting June 11.
Credit : MONEYCONTROL PNB (Punjab National Bank)
PNB offers 6.85% to general citizens and 7.35% to senior citizens on 1-year deposits with effect from October 1.
Credit : MONEYCONTROL