FD interest rates: These 7 banks offer highest interest on their fixed deposits

FD interest rates: These 7 banks offer highest interest on their fixed deposits

If you are planning to lock your savings in a fixed deposit (FD), it is reasonable to check the interest rates offered by different banks. Although most depositors prefer to open a term deposit account with a bank with which they share a long-term banking relationship, one can consider opting for a new bank so … Read more

Bank of Baroda rolls out Utsav Deposit Scheme to offer up to 7.90% interest on FDs. Check details here

Bank of Baroda rolls out Utsav Deposit Scheme to offer up to 7.90% interest on FDs. Check details here

Bank of Baroda has rolled out BOB Utsav Deposit Scheme which has a 400-day tenure. The state lender offers an interest of 7.30 percent for the general public on this special deposit scheme.  Interest rates for senior citizens Senior citizens are entitled to receive an extra 50 basis points i.e., 7.80 percent on this scheme, while … Read more

FD interest rates: Union Bank’s 333-day fixed deposit offers up to 8.15%; check details here

FD interest rates: Union Bank’s 333-day fixed deposit offers up to 8.15%; check details here

When you are looking for bank fixed deposits (FD), one factor to consider is the highest rate of interest offered by different banks. The general thumb rule is that banks tend to offer higher interest rates for long-duration deposits and lower rates for shorter duration. For instance, a five-year FD will offer a higher interest … Read more