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Fixed deposits are very popular among investors even today. The main reason for this is the excellent returns and security that come with the investment. In such a situation, if you also want security of money along with investment, then this can be a better option. State Bank of India is giving 5.40 percent interest to its customers on FDs of 5 years or more. Let’s know the condition of other banks-
Interest rate of top banks
| Bank | 6 months or more but one year (%) | 1 year or more but less than 2 years (%) | 2 years or more Less than 3 years (%) | 3 years or more but less than 5 years (%) | 5 years or more (%) |
| Yes Bank | 5.00-5.25 | 5.75-6.00 | 6.00 | 6.25 | 6.50 |
| RBL Bank | 4.50-5.25 | 6.00 | 6.00 | 6.30 | 5.75-6.30 |
| Axis Bank | 4.40 | 5.10-5.25 | 5.40 | 5.40 | 5.75 |
| federal bank | 3.75-4.40 | 5.10-5.35 | 5.35 | 5.35 | 5.60 |
| Union Bank of India | 4.30-4.40 | 5.00-5.10 | 5.10-5.30 | 5.30-5.40 | 5.40-5.50 |
| Karnataka Bank | 5.20 | 5.50 | 5.50 | 5.50 | 5.50-5.60 |
| ICICI Bank | 3.50-4.40 | 4.90-5.00 | 5.00-5.15 | 5.15-5.35 | 5.35-5.50 |
| indusind bank | 4.25-5.50 | 6.00 | 6.00 | 6.00 | 5.50-5.60 |
| Dhanlaxmi Bank | 4.25 | 5.15 | 5.15-5.30 | 5.30-5.40 | 5.40 |
| SBI | 4.40 | 5.00 | 5.10 | 5.30 | 5.40
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