Latest Fixed Deposit Interest rates with Indian Banks

 Fixed deposits are among the best ways to earn money through your savings, and there are several reasons for their popularity. First, they offer a fixed return on your deposits; thus, you never have to worry about zero or negative returns as with other modes of investment. Secondly, you can rest assured that your money is in safe hands and will come back to you in the future. Thus, anyone who seeks a stress-free way of earning money through their savings can opt for fixed deposits. But one question still remains. Which Bank to choose? Yes, there are so many organizations offering term deposit services that one can be left spoilt for choice. If you are also hoping to earn the highest returns on your fixed deposits, then here are the latest FD interest rates offered by the leading banks in India. 

Bank of India FD Interest Rates


You can also opt to park your funds in Bank of India. While regular citizens can earn up to 5.50 percent annual returns, senior citizens can enjoy up to 6.25 percent Bank of India FD interest rates. 


Bank of Baroda FD Interest Rates


The third largest public sector bank in India, Bank of Baroda offers 5.50 percent and 6.00 percent interest rates for regular and senior citizens, respectively, on deposits of up to INR two crores for a period of two to three years. These Bank of Baroda FD interest rates are subject to change at the bank’s discretion. 


Bandhan Bank FD Interest Rates


Much like other banks, Bandhan Bank also recently revised its FD interest rates. If you are aged less than 60 years, then you can get up to 7 percent Bandhan Bank FD interest rates on your deposits. However, if you are a senior citizen, you can earn 0.50 percent higher rates of return. 


SBI Fixed Deposit Interest Rates


Referred to as SBI, the State Bank of India – the largest bank in the country on numerous aspects – offers 6.10 FD interest rates to regular citizens and 6.45 interest rates to senior citizens on fixed deposits of up to INR two crores.


While these are the latest fixed deposit interest rates offered by banks, please note that these are subject to change at any time. Thus, we urge you to check the latest term deposit interest rates before opening an FD account. You can also visit ZFunds to score the highest fixed deposit interest rates.

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