If you want to get guaranteed income after a certain period by investing in Fixed Deposit (FD) in the near future, then this news is useful for you. Actually, many big government and private banks of the country are giving their customers up to 8 percent interest on 1 year FD. DCB Bank comes first among them. DCB Bank is giving 7.25 percent interest to its general customers on 1 year FD and 7.75 percent interest to its senior citizen customers. Let us know in detail about the FD rates of the 10 banks giving the highest interest on 1 year investment.
If you want to invest in FD then these are the 10 best options, here you can get up to 8.75% interest
Here you are getting 7.75% interest
Let us tell you that Tamilnadu Mercantile Bank is giving 7.25% interest to its general customers on 1 year FD and 7.75% interest to senior citizen customers. Apart from this, Canara Bank is giving 7% interest to its general customers on 1 year FD and 7.50% interest to senior citizen customers. On the other hand, Karnataka Bank is giving 7% interest to its general customers on 1 year FD and 7.40% interest to senior citizen customers. While Deutsche Bank is giving 7% interest to its general customers on 1 year FD and the same interest to senior citizen customers. At the same time, RBL Bank is giving 7% interest to its general customers on 1 year FD and 7.50% interest to senior citizen customers.
This government scheme is great for women, here you get 7.50% interest on the deposited capital
SBI is giving more than 7% interest
On the other hand, Bank of India is giving 7 percent interest to its general customers and 7.50 percent interest to its senior citizen customers on 1 year FD. While State Bank of India is giving 6.80 percent interest to its general customers and 7.30 percent interest to its senior citizen customers on 1 year FD. Apart from this, Bank of Baroda is giving 7 percent interest to its general customers and 7.25 percent interest to its senior citizen customers on 1 year FD. Whereas, Central Bank of India is giving 6.75 percent interest to its general customers and 7.25 percent interest to its senior citizen customers on 1 year FD.
