5 Best Investment Banks for FD: Numerous people consider Fixed Deposit( FD) as a better option for investment. There’s no threat on the quantum invested in it. Also, returns are entered on fixed interest in a fixed time. To attract investors and the costumers, now many of the banks are also offering good interest on FD.
However, the experts believe that these interest rates can be reduced by the Reserve Bank of India. In such a situation, it would be better if you’re planning to invest in FD, also invest in it as soon as possible. So that you can get further interest. We’re telling you about some similar banks which are offering advanced interest on FD.
IndusInd Bank
This bank is presently offering 7.75 percent interest for a period of one year.However, also you’ll get Rs 10, 798 after one time, If you invest 10 thousand rupees in it for one time. Respectively, the bank is also giving the same interest rate either for a period of two times. Still, the interest rate for 3 times is slightly lower. It’s 7.25 percent. The bank is offering the same interest rate on 5- time investment as well.
RBL Bank
This bank is offering 7.5 percent interest on one- time investment.However, you’ll get Rs 10, 771 after one time, If you invest 10 thousand rupees in this bank for one time. The interest rate for two times is 8 percent. For three times it’s 7.5 percent and for 5 times it’s 7.1 percent.
DCB Bank
This bank is offering 7.1 percent interest rate on one- time investment.However, you’ll get Rs 10, 729 on maturity, If you invest 10 thousand rupees in it for one time. The interest rate on two times is 7.5 percent, on three times it’s 7.55 percent and on 5 times it’s 7.4 percent.
Yes Bank
Now the Yes Bank is also giving good returns to investors on FD. Theco-bank is offering 7.25 percent interest on one- time investment.However, 000 in this bank’s FD for one time, you’ll get Rs 10, If you invest Rs 10. The bank is offering 7.25 percent interest rate on three- time FD and also same on 5- time FD.
Dhanlaxmi Bank
Dhanlaxmi Bank is also promising to give a good returns to the investors on investing in FD. This bank is offering 6.75 percent interest rate on one- time investment.However, 000 in it for one time, you’ll get Rs 10, If you invest Rs 10. This bank is offering 6.50 percent interest for two times, 7.25 percent for three times and 7.25 percent interest for 5 times as well.