FD Update: These 5 banks are giving the highest interest on FD, investing 2.50 lakhs will give a profit of Rs 27,220..

FD rates: RBI i.e. Reserve Bank of India has cut the repo rate for the third consecutive time. After this, the government and private banks of the country have reduced the interest rates of FD. At the same time, banks are preparing to cut FD.

However, it is not that banks are not paying much interest on FD at the moment. If you want to invest in FD, then let us tell you that at present five banks in the country are offering the highest interest on fixed deposits. Let's know -

State Bank of India (SBI)

The country's largest government bank SBI is giving great interest on FD i.e. fixed deposits to its crores of customers. SBI Bank is offering 6.70 percent interest to general customers for a period of 2 years to 3 years. At the same time, senior citizens (FD for senior citizens) are being provided interest at the rate of 7.20 percent for this period.

If you invest Rs 2.50 lakh in SBI Bank in a 2 to 3-year FD at the rate of 6.70 percent interest, then you will get Rs 2,67,438 on maturity. On the other hand, if a senior citizen invests in a 2-year FD (FD interest rates) at the rate of 7 percent interest, then he will get a total of Rs 2,87,220 on maturity.

HDFC Bank

HDFC Bank is called the country's largest private sector bank (FD in Private Bank). This bank is still offering you great interest rates for a period of 15 to 18 months. The bank is offering interest (FD interest rate) up to 6.85 percent to common citizens for this period. Apart from this, the interest rate for senior citizens is up to 7.35 percent.

ICICI Bank

This private sector bank is offering the highest interest for a period of 18 months to 2 years (ICICI Bank FD tenure). The bank is giving interest at the rate of 6.85 percent to the common citizens for this period. At the same time, senior citizens (ICICI Bank FD for senior citizens) are given interest at the rate of 7.35 percent for this period.

Bank of Baroda

Government bank Bank of Baroda is offering a great return (Bank of Baroda FD return) on 1 year FD. The bank is giving interest at the rate of 6.70 percent to the common citizens on 1 year FD. At the same time, for this period, senior citizens and super senior citizens (FD return for senior citizens) are providing interest at the rate of 7.20 percent and 7.20 percent respectively.

PNB Bank FD Interest Rate -

Punjab National Bank is currently offering great returns (PNB Bank FD interest rate) on 1 year FD. The bank is giving interest at the rate of 6.70 percent to the general public on 1 year FD. At the same time, senior citizens and super senior citizens are offered interest rates of 7.20 percent (FD interest rate) and 7.50 percent respectively.

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