Which bank gives more interest on FD, HDFC Bank or SBI?
FD Interest Rate: The interest received on FD depends on the duration of your FD and the bank interest rate. Know which bank gives the highest interest on FD in India. HDFC or SBI.
Nowadays people in India are seen paying a lot of attention to investment. Many people invest in different schemes.
In these, different people invest money in different places. Where they get good returns. Now people have many options.
Investing in FD is considered a good way to invest. And even today many people get FD done in the bank.
You get a good amount of interest in FD. Your money is also safe in this. That is why most people invest money in FD.
The interest received on FD depends on the duration of your FD and the bank interest rate. Many people want to know which bank gives the highest interest on FD in India. HDFC or SBI.
If we talk about HDFC, then you get a maximum of 7.5% interest in it. For 1 year you get 6.5% interest, for a period of up to 3 years, you get 7% interest. Whereas for 5 years also you get 7% interest.
In SBI you get a maximum of 7.6% interest on FD. If you invest for 6 months. Then you get an interest of up to 6.5%, and for 1 year you get an interest of up to 6.80%. Whereas for 5 years you get an interest of 7.1%.