Highest INTEREST RATES on FD(fixed deposite)

Highest INTEREST RATES on FD(fixed deposite)

Hi there,

This post is in response to a reader’s enquiry about the best interest rates for fixed deposits in India right now.

Here are the details-

BELOW 1 YEAR

• South Indian bank – 10% for 300 days. For senior citizens, 10.50%.

ABOVE 1 YEAR BUT LESS THAN 2 YEARS

• Lakshmi Vilas bank – 10.50%. For senior citizens, 10.75%
• Tamilnad Mercantile bank – 10.25%. For senior citizens, 10.50%
• The Ratnakar bank – 10%. For senior citizens , 10.50%
• Karur Vysya bank – 10%. , For senior citizens , 10.50%
• Catholic Syrian bank- 9.90%. For senior citizens , 10.40%
• City union bank -10%, For senior citizens, 10.25%

ABOVE 2 YEARS BUT LESS THAN 3 YEARS

• City Union bank – 10% , For senior citizens, 10.25%

• Catholic Syrian bank – 10.25%.For senior citizens,  10.75%

ABOVE 3 YEARS BUT LESS THAN 5 YEARS

• Dhanlakshmi bank – 10.10% , For senior citizens 10.60%
• Tamilnad mercantile bank – 10% , For senior citizens 10.25%

ABOVE 5 YEARS

• Tamilnad mercantile bank – 10% , For senior citizens 10.25%
• Catholic Syrian bank – 10%. For senior citizens , 10.50% ( For 91 months)

I hope the information is useful.

Have a nice day !!