FD interest: Here are the top 6 banks that offer highest rates on 5-year fixed deposits

FD interest: Here are the top 6 banks that offer highest rates on 5-year fixed deposits

Before you decide to open a fixed deposit (FD) account in a bank, it is incumbent upon you to compare the interest rates offered by different banks. The interest rates usually do not vary much from lender to lender. However, there is a rule of thumb that applies to most lenders uniformly —the longer the … Read more

Soon depositors will be able to open a fixed deposit for 20 years: Report

Soon depositors will be able to open a fixed deposit for 20 years: Report

Typically, banks offer fixed deposits with a maximum tenure of 10 years. There is no bank that offers an FD with a tenure longer than 10 years. This may change soon. Suryoday Small Finance Bank plans to stretch the maximum tenor of a Fixed Deposit (FD) to over 20 years, and the depositors will also … Read more