fixed deposit: If you are also planning to do FD today or in the near future. then you have come to the right place. Today we are going to give you information about some great FD schemes.
At present, there are many private banks and government banks in the country, which are offering great interest rates to the users on FD. The first name in this list is DCB Bank. If you get FD done in this bank, then you are going to get the benefit of great interest as compared to other banks.
This bank is good for FD
If common customers invest in DCB Bank for a period of 1 year, then they will get a return of 7.25%. At the same time, senior citizens are going to get interest at the rate of 7.75%.
Tamil Nadu Mercantile Bank is offering interest at the rate of 7.25% to its general customers on getting a one-year FD. Apart from this, if you get FD done in Canara Bank, then you are going to get the benefit of interest at the rate of 7% on getting a one-year FD. The interest rate for senior citizens is going to be 7.5%.
Similarly, there are many banks in the market, which are offering great interest rates on FD to their customers. RBL Bank is also giving 7% interest to common citizens on 1-year FD, senior citizen customers are going to get interest at the rate of 7.5%.
FD can also be done in SBI
Apart from this, Bank of India is also giving 7% interest to its common citizens on one-year FD, while giving 7.5% interest to senior citizens.
If you apply in State Bank of India, then you are going to get slightly less interest. Let us tell you that the bank has fixed the interest rate of 6.8% for common citizens and 7.3% for senior citizens.
If you make an FD in Bank of Baroda, then common citizens will get the benefit of interest at the rate of 7% and senior citizens will get the benefit of interest at the rate of 7.25%.