India’s Top Five Banks Offer These Interest Rates On Fixed Deposit (FD). Compare Rates Here

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India's Top Five Banks Offer These Interest Rates On Fixed Deposit (FD). Compare Rates Here

State Bank of India (SBI), HDFC Bank, ICICI Bank, Kotak Mahindra Bank and Axis Bank today provide a range of maturity options for retail fixed deposits. Five of the country’s largest banks by market value provide interest rates to the tune of 3.5-6.70 per cent to the general public, and 3.5-7.20 per cent to the senior citizens on term deposits – or fixed deposits – below Rs 2 crore, according to their websites. State Bank of India, the country’s largest lender by assets, provides eight maturity options for such FDs, ranging from seven days to 10 years.

Written by Anindita Ghosh