Whenever it comes to getting guaranteed returns, the first thing that comes to mind is FD (Fixed Deposit). If you are thinking of getting an FD, then you must first know which bank is paying how much interest. In the last few days, 3 banks have changed the FD interest rates. If you make an FD in them, you can get up to 8.25 percent interest. Let’s know which are these 3 banks.
Yes, Bank FD Interest Rates
If you make an FD of up to Rs 3 crore in Yes Bank, you can get up to 8.25 percent interest. Recently, the bank has cut interest rates on FDs for an 18-month period by 25 basis points. These new rates are effective from November 5, after which the interest rate for this period has been 7.75 percent. Now common citizens will get interest from 3.25 percent to 7.75 percent on FDs in Yes Bank. At the same time, senior citizens will get interest from 3.75 percent to 8.25 percent. The highest interest is being paid only for the period of 18 months. It is 7.75 percent for general citizens and 8.25 percent for senior citizens.
Punjab & Sind Bank FD Interest Rates
Punjab & Sind Bank has revised interest rates on November 14. Now the interest rates of Yes Bank are between 4 percent and 7.45 percent for the general public, and an additional interest rate of 0.50 percent is being given to senior citizens. These interest rates are for a period ranging from 7 days to 10 years. The bank is paying an interest rate of 7.50 percent on 555 days of non-calculable FD. Senior citizens are being given 8 percent interest on this FD.
3: Bank of Maharashtra FD interest rates
The Bank of Maharashtra has also revised FD rates. After this change, the bank is now paying interest from 2.75 percent to 7.35 percent for a period ranging from 7 days to 10 years. The bank is paying interest from 2.75 percent to 7.85 percent to senior citizens. The bank had revised interest rates on November 14. The bank is offering an interest rate of 6.90 percent on 200 days FD, 7.35 percent on 333 days FD, 7.10 percent on 400 days FD, and 7.75 percent on 777 days FD.
