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Bank FD Interest Rates: Big news! You will get interest up to 6.3 percent on fixed deposit, See the bank list

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Fixed Deposit Interest Rates: Banks are giving highest returns on FD of 2-3 years

If you make an FD in RBL Bank, then RBL gives 6.30 percent interest rate on the three-year FD. On an investment of Rs 1 lakh, you will get Rs 1.21 lakh in three years.



 

In today’s time, every person definitely adds a little money for his future, in such a situation, Fixed Deposit is one of the best options to save money and in all types of savings schemes. Therefore, it is not only a good option for a person of all ages, but it is also the popular and most used way to save money. Whether it is middle class, or senior citizens, people of all ages like it a lot. Therefore, apart from government and private banks, non-banking financial companies also offer FD schemes.

The Reserve Bank of India (RBI) has kept the key repo rate unchanged at a low of 4 per cent for more than a year, with most banks reducing interest rates on FDs. Despite the fall in interest rates, small private banks offer interest rates of up to 6.30 per cent on three-year FDs, as per data compiled by BankBazaar. If you are also thinking of getting fixed deposit ie FD in the bank for a short term like three years, then you can check the list of these banks. At present, these banks are getting interest of up to 6.3 percent on fixed deposits of 3 years.

RBL Bank: If you make an FD in RBL Bank, then you can get 6.30 percent interest on FD of three years. Let us tell you, this bank offers the best interest rates among private banks. Under this, the investment of Rs 1 lakh will increase to Rs 1.21 lakh in three years.

Yes Bank: You will get 6.25 percent interest on a three-year FD in Yes Bank. Under this, the investment of Rs 1 lakh will increase to Rs 1.20 lakh in three years. Let us tell you, the minimum investment required in this is Rs 10,000.

IndusInd Bank: IndusInd Bank is giving you 6 percent interest on FD of three years. If you invest Rs 1 lakh in this, then in three years it will increase to Rs 1.19 lakh. And the minimum investment required is Rs 10,000 in this also.

DCB Bank: DCB Bank is giving 5.95 percent interest on three-year FD. With this, the investment of Rs 1 lakh will increase to Rs 1.19 lakh in three years, with the minimum investment required being Rs 10,000.

South Indian Bank: South Indian Bank gives 5.50 percent interest on three-year FD. This investment of Rs 1 lakh will increase to Rs 1.18 lakh in three years.
Small private banks are offering higher interest rates for raising fresh deposits. Deposit Insurance and Credit Guarantee Corporation (DICGC), a subsidiary of RBI, guarantees investment in fixed deposits up to Rs.5 lakh.

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