Different banks are getting different interest rates on fixed deposits. If your plan is to FD, then take a decision only after comparing the interest rates of all banks.
New Delhi: You should invest your money very thoughtfully. Many banks in the market are paying interest at different rates for investing in fixed deposits (FDs). If your plan is to invest in FD, then it is important to first know which bank is paying the highest interest. Everyone wants that they get maximum return on investment. Today you are telling that if you will FD in the market, then which bank can get the most benefit.
The thing to note is that banks offer different interest rates on different amounts, apart from this there is a different procedure in all banks. Although the procedure of FD is easy in all banks.
You have to go to the concerned bank branch with the correct documents and complete the process. For this information, you can contact the bank branch or customer care. Customer care will not only provide you complete information about it, but will also tell you about the better scheme.
These banks are paying the highest interest
First of all, let’s talk about the bank which is paying the highest interest on FD. You are getting maximum 7 percent interest on FD in IndusInd Bank. After this comes the number of RBL and Yes Bank, who are paying 6.75 percent interest on FD. DCB Bank is offering 6.50 percent interest. The special thing is that senior citizens get more interest than normal in most banks.
Also getting good interest in these banks
Union Bank is getting 5.20%, 5.25% in Bank of India, 5.30% in Canara Bank and Punjab & Sind Bank, 5.50% in Post Office and 5.75% in Bandhan Bank. Before getting FD in these banks, get full information about it. Decide only on being satisfied. Do not make any decision in haste.
Nidhi Malviya is fun loving girl. She writes at NoobFeeds about various topics related to Finance, Technology, Business etc.