Bank FD rate: These 5 Banks Have Increased Interest on FD, You will Get Huge Profit

New Delhi. In December 2024, many banks have changed the interest rates of Fixed Deposit (FD). FD is one of the most popular investment options in India, in which people invest a large part of their savings. The reason for the popularity of FD is its fixed and guaranteed return rate.

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1. Federal Bank

Federal Bank has changed the interest rates on FDs of less than ₹ 3 crore. The new rates are applicable from 16 December 2024.Interest rate for general citizens: 3% to 7.4%.Interest rate for senior citizens: 3.5% to 7.9%.

2. RBL Bank

RBL Bank has also revised interest rates on FDs of less than ₹3 crore. These rates are effective from 15 December 2024.Interest rate for general citizens: 3.5% to 8%.Interest rate for senior citizens: 8.5%.Interest rate for super senior citizens (80 years and above): 8.75%.

3. Karnataka Bank

Karnataka Bank has changed the interest rates on FDs less than ₹3 crore from 2 December 2024. Interest rate for general citizens: 3.5% to 7.5%. Interest rate for senior citizens: 3.5% to 8%.

4. Bank of Maharashtra

Bank of Maharashtra has also changed the interest rates on FDs less than ₹3 crore from 11 December 2024.Interest rate for general citizens: 2.75% to 7.35%.Interest rate for senior citizens: 2.75% to 7.85%.

5. Equitas Small Finance Bank

Equitas Small Finance Bank has revised the interest rates on FDs from December 2, 2024.Interest rate for general citizens: 3.5% to 8.25%.Interest rate for senior citizens: 2.75% to 9%. Senior citizens will get additional 0.25% interest on tenure of 888 days.

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