Bank FD New Interest Rates: Which bank is offering the best interest on fixed deposits in May 2024? Check full list

Bank FD New Interest Rates 2024: The state of affairs has modified in current years, with small finance banks (SFBs) and non-banking monetary firms (NBFCs) rising as the new leaders offering the highest FD interest charges. Let us know which banks or monetary establishments are offering the best FD charges?

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Bank FD New Interest Rates 2024: Fixed Deposit (FD) stays a preferred funding possibility for Indians in search of secure and predictable returns on their financial savings. While conventional bank FDs have lengthy been the most popular possibility, the panorama has modified in current years, with small finance banks (SFBs) and non-banking monetary firms (NBFCs) rising as new leaders offering the highest FD interest charges. Have been.

Which banks or monetary establishments are offering the best FD charges?

Small Finance Banks

AU Small Finance Bank is offering fixed deposit interest charges between 6.50 p.c to eight.00 p.c every year with tenure starting from 1 12 months to five years.

Equitas Small Finance Bank is offering fixed deposit interest charges between 7.25 p.c to eight.50 p.c every year with tenure starting from 1 12 months to five years.

ESAF Small Finance Bank is offering fixed deposit interest charges between 6.00 p.c to eight.25 p.c every year for tenures starting from 1 12 months to five years.

Jana Small Finance Bank is offering fixed deposit interest charges between 7.25 p.c to eight.50 p.c every year with tenure starting from 1 12 months to five years.

NorthEast Small Finance Bank is offering fixed deposit interest charges between 6.25 p.c to eight.50 p.c every year, with tenure starting from 1 12 months to five years.

Private Sector Banks
Axis Bank is offering fixed deposit interest charges between 6.70 p.c to 7.20 p.c every year, with tenure starting from 1 12 months to five years.

Bandhan Bank is offering fixed deposit interest charges between 5.85 p.c to 7.85 p.c every year, with tenure starting from 1 12 months to five years.

City Union Bank is offering fixed deposit interest charges between 6.25 p.c to 7.00 p.c every year with tenure starting from 1 12 months to five years.

CSB Bank is offering fixed deposit interest charges ranging between 5.00 p.c to 7.75 p.c every year, with tenures starting from 1 12 months to five years.

DBS Bank is offering fixed deposit interest charges between 6.50 p.c to 7.50 p.c every year, with tenure starting from 1 12 months to five years.

Public Sector Bank
Bank of Baroda is offering fixed deposit interest charges between 6.85 p.c to 7.25 p.c every year, with tenure starting from 1 12 months to five years.

Bank of India is offering fixed deposit interest charges between 6.00 p.c to 7.25 p.c every year with tenure starting from 1 12 months to five years.

Canara Bank is offering fixed deposit interest charges between 6.80 p.c to 7.25 p.c every year, with tenure starting from 1 12 months to five years.

Central Bank of India is offering fixed deposit interest charges between 6.25 p.c to 7.25 p.c every year for tenures starting from 1 12 months to five years.

Indian Overseas Bank is offering fixed deposit interest charges between 6.50 p.c to 7.30 p.c every year for tenures starting from 1 12 months to five years.

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