Bank FD Scheme : If you are also planning to invest your money in a Fixed Deposit (FD), then this news is going to be very important for you. Today, we will tell you about the FD interest rates of 5 major banks in the country, where you can earn returns at a rate of up to 8 percent. Let’s find out.
A bank FD is considered one of the best investment options. The main reasons are the safety of funds and guaranteed returns. In fact, there is no risk of losing money in a fixed deposit. FD investments are 100% safe, and the returns are fixed. This makes bank FDs a great option for investors.
If you are planning to invest your money in an FD, this information will be extremely useful for you. Here are the FD interest rates of five major banks in India where you can earn returns of up to 8 percent.
Kotak Mahindra Bank FD Scheme
Kotak Mahindra Bank offers attractive interest rates on FDs. For regular citizens, the interest ranges from 2.75% to 7.40%, while for senior citizens, it ranges from 3.25% to 8.14%.
Axis Bank Bank FD Scheme
Axis Bank provides FD interest rates ranging from 3% to 7.25% for general customers. For senior citizens, the rates range from 3.50% to 7.75%.
State Bank of India (SBI)
India’s largest bank, SBI, also offers good returns on FDs. Regular citizens can earn 3.50% to 7%, while senior citizens can earn 4% to 7.50%.
HDFC Bank
HDFC Bank offers attractive interest rates to its customers. Regular citizens can earn between 3% and 7.40%, while senior citizens can earn between 3.50% and 7.90%.
ICICI Bank
Investing in an FD with ICICI Bank is also a good option. Regular citizens can get returns ranging from 3% to 7.25%, while senior citizens can earn 3.50% to 7.85%.
