Fixed Deposits (FD) are one of the safest and best investment choices for Indians. They not only keep your capital amount safe but pay you interest too. Here are some banks that offer the highest FD rates.
1
The bank offers around 8% to 9% interest rate on fixed deposits (FD) for a period of 6 months to a year.
2
Fincare bank provide a minimum 7.7% rate of interest for 12 months of FD and a maximum of 8% interest rate for 18 months of FDs.
3
AU Bank offer an 8% interest rate for the fixed deposit of 18 months of maturity period.
4
The bank offers a good interest rate of 7.85% on FD of 1 year of maturity period.
5
The interest rate for fixed deposits in Yes Bank is 7.7% which gives good returns on long-term investment.
6
One of the oldest and most trusted banks in India, PNB Bank offers a good interest rate of 7% on their fixed deposits.
7
This nationalised bank offers a 7.25% interest rate on their fixed deposits for long-term durations.