SBI is giving highest interest on one year FD, check FD rates of 5 big banks

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FD Rates: Due to the increase in interest rates, people investing in fixed deposits have benefited a lot so far. Interest rates on fixed deposits have increased significantly in the last few months. There are many banks which are offering interest rates up to 8 percent on FD.

Senior citizens also get the benefit of 0.50 percent additional interest. FD is one of the safest investment options so you can invest money in it also. Here we are telling you about the FD rates of big banks of the country.

ICICI Bank

This bank is offering interest between 3.00 percent to 7.10 percent on its FD schemes. Senior citizens are getting interest between 3.50 percent to 7.60 percent on FDs ranging from 7 days to 10 years. The interest rates for general customers on FD maturing in one year are 6.70 percent.

HDFC bank

HDFC Bank is offering good interest rates on fixed deposits maturing in one year. On these deposits, general investors will get 6.60 percent interest rate while senior citizens will get 7.10 percent interest rate. HDFC Bank is offering interest ranging from 3 percent to 7.25 percent on its FD.

SBI Bank

General customers get interest ranging from 3 percent to 7.1 percent on FD of State Bank of India (SBI), while senior citizens will get additional interest of 50 basis points i.e. 0.50 percent. It is giving 6.80 percent interest on one year FD to general customers.

Bank of Baroda

Bank of Baroda offers 4.5 percent interest on FDs with a tenure of 181 to 210 days. It is offering an interest rate of 6.75 percent on FDs maturing between one and two years. Senior citizens are being given 7.25 percent interest rate on one year FD.

Punjab National Bank (PNB)

PNB is offering 3.50 percent and 7.25 percent interest on bank FD. It is giving 6.75 percent interest on FD maturing in one year. Senior citizens are being given an interest rate of 7.25 percent on one year plan.

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