If you are planning to invest in Fixed Deposit (FD), then this news is useful for you. Actually, by investing in FD, customers get guaranteed income after a certain period. Let us tell you that at present, big private and government banks of the country are giving excellent returns on FD. Apart from this, banks are also offering additional interest to their senior citizen customers. In such a situation, let us know about 10 such banks which are offering the highest interest on 1 year FD to their customers.
Here you can get returns up to 7.75%
DCB Bank is offering 7.25% interest on 1 year FD to its general customers and 7.75% interest to senior citizen customers. Whereas Tamil Nadu Mercantile Bank is giving 7.25% interest on 1 year FD to its general customers and 7.75% interest to senior citizen customers. Canara Bank is giving 7% interest on 1 year FD to its general customers and 7.50% interest to senior citizen customers. On the other hand, Karnataka Bank is giving 7% interest on 1 year FD to its general customers and 7.40% interest to senior citizen customers.
BOI is giving interest up to 7.50 percent
On the other hand, Deutsche Bank is giving 7 percent interest on 1 year FD to its general customers and the same interest to senior citizen customers. Apart from this, RBL Bank is giving 7 percent interest on 1 year FD to its general customers and 7.50 percent interest to senior citizen customers. On the other hand, Bank of India is giving 7 percent interest on 1 year FD to its general customers and 7.50 percent interest to senior citizen customers.
SBI is giving bumper returns
State Bank of India (SBI) is giving 6.80 percent interest on 1 year FD to its general customers and 7.30 percent interest to its senior citizen customers. Whereas Bank of Baroda is giving 6.75 percent interest on 1 year FD to its general customers and 7.25 percent interest to senior citizen customers. Whereas Central Bank of India is giving 6.75 percent interest on 1 year FD to its general customers and 7.25 percent interest to senior citizen customers.
