NewsBizkoot.com

BUSINESS News for MILLENIALAIRES

Bank FD Interest Rates : Bumper interest rates are available on FD of these five banks including SBI, see soon

2 min read

Bank FD New Update: The most interest rates are being provided by massive banks on FDs starting from one yr to 2 years.

– Advertisement –

While investing in FD, one ought to all the time evaluate the interest rates of all of the banks. Its benefit is that you simply get most interest on your funding. Today on this article we are going to inform you in regards to the interest rates of all the massive banks of the nation.

FD interest rates in five massive banks
SBI: SBI is providing 7 % interest on FDs of two years to a few years. At the identical time, 6.75 % interest is being given on FD of 3 to five years. At the identical time, 6.5 % interest charge is being given by SBI on FD for greater than 5 years.

PNB: The highest interest charge of 7.30 % is being given by PNB on 400 days FD. Apart from this, the financial institution is giving interest charge of 7.10 % on FD of 300 days. The interest charge being given is 6.8 % on one yr FD, 6.85 % on two yr FD and seven.05 % on FD of 2 to three years.

HDFC Bank: HDFC Bank, the nation’s largest non-public sector financial institution, is providing traders an interest charge of 7.25 % on FDs of 18 to 21 months. The financial institution is providing 7.15 % interest on FDs of 2 years, 11 months to 35 months. At the identical time, traders are being given 6.60 % interest on FDs of one yr to fifteen months, and seven % interest on FDs of 2 years to 2 years and 11 months.

ICICI Bank: The financial institution is providing 6.7 % interest on FDs of one yr to fifteen months. At the identical time, 7.20 % interest is being given on FD of 15 months to 2 years. At the identical time, interest charge of 7 % is being provided on FD of two years to five years.

Kotak Mahindra Bank: Kotak Mahindra Bank is providing 7.4 % interest on FDs of 390 days to 391 days. At the identical time, 7.3 % interest is being given on FDs of 23 months to lower than 2 years.

At the identical time, 7.15 % interest is being given on FD of 2 to three years, 7 % on FD of 3 to five years and a pair of.75 % to six.50 % interest is being given on FD of different durations.

Tax Regime: Can the New Tax Regime be modified to the Old Regime? Know every thing right here

– Advertisement –

About Author