Important news for FD holders: Before investing, know which bank is giving the highest interest on a 444-day FD..

FD Rate: In today's time, everyone wants to increase their income. For this, people think of investing. When it comes to investment, most people in the country choose an FD, i.e., Fixed Deposit. There are many major reasons behind this. First of all, guaranteed returns are available in an FD. At the same time, your money is also safe in it. If you are planning to invest money in an FD, then today we will tell you which banks in the country are providing strong interest on FDs.

Know this thing before investing in a 444 days FD -

Let us tell you that many government and private banks of the country are giving the highest interest on FD (Bank FD rates). These banks are giving attractive interest on a 444-day FD. Banks are currently offering the highest interest rate of 8.10 percent to senior citizens (senior citizen FD rate).

This is even though the RBI has recently cut the repo rate for the third consecutive time after many years. After which, many banks in the country have reduced the interest rates of loans and FDs. In such a situation, investors must compare their interest rates before investing money in an FD. Let's know.

These government banks are giving the highest interest on FD -

The country's largest government bank, the State Bank of India (SBI Bank FD Interest Rate), is providing 7.10 percent interest to senior citizens on Amrit Vrishti. Apart from this, 6.60 percent interest is being offered to general customers. Apart from this, super senior citizens are being given more interest than senior citizens.

Bank of Baroda FD Interest Rate -

Bank of Baroda is giving great interest to its customers on fixed deposits. BOB Bank is giving interest to general customers at the rate of 6.60 percent. At the same time, senior citizens are getting 7.10 percent interest.

Indian Bank (Indian Bank FD Interest Rate) is offering 7.40 percent interest for senior citizens on Ind Secure Special Deposit. At the same time, it offers a 6.90 percent interest rate to general customers. For very senior citizens, the bank is giving 7.65 percent interest. Let us tell you that this interest rate is applicable till 30 September 2025.

Before investing, also check the FD interest rate of these banks -

ESAF Small Finance Bank is offering 8.10 percent interest to senior citizens. At the same time, it offers 7.60 percent interest to general customers.

Karur Vysya Bank is offering a 7.25 percent interest rate for senior citizens. Apart from this, it is offering 6.85 percent interest to common citizens.

Indian Overseas Bank offers a 7.45 percent interest rate to senior citizens and a 6.95 percent interest rate to general customers.

Punjab & Sind Bank (Punjab & Sind Bank FD Rate) is offering 7.55 percent interest to senior citizens and 7.05 percent interest to general customers.

Federal Bank (federal bank fd rate) is offering 7.35 percent interest for senior citizens and 6.85 percent interest for general customers.

Can money be withdrawn before maturity in an FD?

Often, there is a question in the mind of those who invest in FD (Penalty on FD), whether money can be withdrawn before maturity in FD or not. For information, let us tell you that money can be withdrawn before the maturity of the FD. However, banks can impose a penalty for doing so. Keep in mind that money can be withdrawn from an FD (FD Rate) only if the amount you have applied to withdraw has been deposited in the FD.

This much penalty is levied for breaking the FD -
If money has to be withdrawn before the completion of the FD period, the bank will charge you a penalty. The charge for withdrawing money before the maturity of an FD (Penalty on FD) is different in different banks of the country. Most banks charge a penalty of 0.50 percent to 1 percent on premature withdrawal. Please note that the exact charge depends on the policy of the bank. In some cases, the bank waives the penalty, while at times you may have to pay a higher fee.

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.