These 10 banks are giving the best interest on FD, check the details
Tax Saving FD: Are you also looking for Tax Saving FD to save tax? If senior citizens are looking for a safe investment for the long term, then a 5-year tax-saving FD can be useful for you. Tax exemption is available on a five-year FD under section 80C. Tax exemption up to Rs 1.50 lakh is available under 80C. Know here the rates on five-year FD.
These banks are giving the highest interest on five moves FD
Interest rate on 5-year FD: 7%
2. ICICI Bank
Interest rate on 5-year FD: 7%
3. Axis Bank
Interest rate on 5-year FD: 7%
4. Canara Bank
Interest rate on 5-year FD: 6.7%
5. Union Bank of India
Interest rate on 5-year FD: 6.7%
6. State Bank of India
Interest rate on 5-year FD: 6.5%
7. Punjab National Bank
Interest rate on 5-year FD: 6.5%
8. Bank of Baroda
Interest rate on 5-year FD: 6.5%
9. Indian Bank
Interest rate on 5-year FD: 6.25%
10. Bank of India
Interest rate on 5-year FD: 6%
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