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FD Tips: These 5 government banks are giving the highest interest on FD, you will get this much profit on investment of 2 lakhs..

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FD interest rate: If you are planning to make a safe investment then Fixed Deposit (FD) can be a great option. FD is considered a reliable means, especially for the elderly and investors planning for retirement,

because the amount invested in it is not only safe but also returned after a certain time with fixed interest (FD interest rate). We are going to tell you about some such banks that are offering you great interest rates on FD.

The bank changed the repo rate-

Recently the Reserve Bank of India (RBI latest update) has cut the repo rate. After the cut in repo rate, many government banks have changed their FD interest rates. In such a situation, if you want to know which government bank is offering the highest interest rate (FD interest rate) at this time, then this information can prove to be very useful for you.

This bank is giving the highest interest-

Bank of Maharashtra has currently offered the highest interest rate among government banks (Government bank FD scheme). Apart from this, this bank is offering 7.15 percent interest on FD of 366 days. Apart from this, interest rate of 6.25 percent for one year, 6.30 percent for three years (3 Year FD Scheme) and up to 6.25 percent on five year FD is also being offered.

On depositing Rs 2 lakh in 366 days FD (FD Rates) in Bank of Maharashtra, you will get interest of about 14,300 as per the interest rate of 7.15 percent.

Indian Overseas Bank and Punjab & Sind Bank-

Indian Overseas Bank has fixed the interest rate of up to 7.10 percent on FD of 444 days (444 Days FD Scheme). Apart from this, interest rate of 6.70 percent is being offered on one year FD, 6.30 percent on three years and 6.30 percent on five years.

At the same time, Punjab and Sind Bank (FD in Punjab And Sind Bank) are also giving attractive returns on FD. The bank is offering an interest rate of 7.05 percent on an FD of 444 days, 6.10 percent on one year, 6.00 percent on three years, and 6.35 percent on an FD of five years.

Bank of India and Central Bank of India-

Bank of India has specially implemented a 7.00 percent interest rate on 999 days of "Green FD". Apart from this, the interest rate of 6.50 percent is being offered on a year FD, 6.25 percent on two two-year FD and 6.00 percent on a year FD.

Central Bank of India also has an interest rate of 7.00 percent on some special periods - such as FDs of less than 2 to 3 years, and FDs of 1111, 2222 and 3333 days. Apart from this, 6.70 percent interest is being given on one year FD (One year FD rate), 6.75 percent on three years and 6.50 percent on five year FD.

Disclaimer: This content has been sourced and edited from Hr Breaking. While we have made modifications for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.