FD or Fixed Deposit is considered a safe investment option. Fixed deposit guarantees consistent interest. A large number of people choose FD for investment. The interest rate of FD has come down for some time but still investors like to invest in FD the most. If you want to invest in FD, then before investing in it, you must compare the interest rate offered by all the banks once.
The interest rate of FD depends on the basis of its limit. Today, keeping in mind the period of 5 years, we will tell you how much interest is being received on making FD in top banks of the country including SBI, PNB.
State Bank Of India
If you are thinking of getting FD in State Bank of India or if you get FD here for 3 to 5 years, then you will get interest at the rate of 5.30 percent. On the other hand, senior citizens get an interest of 5.80 in State Bank of India.
Punjab National Bank
Interest is available at the rate of 5.25 per cent in Punjab National Bank on getting an FD of 3 to 5 years, while senior citizens get an interest of 5.75 per cent here. Punjab National Bank has recently changed the interest rate of its FD.
HDFC bank
HDFC is giving an interest of 5.30 percent on getting FDs in the bank for a period of 3 to 5 years, while this bank is giving an interest of 5.80 percent to senior citizens.
Bank Of Baroda
Bank of Baroda FD for 3 to 5 years will get an interest of 5.25 percent, while senior citizens can get up to 5.75 percent interest.
ICICI
Interest is available up to 5.50 percent on FDs of 3 to 5 years in ICICI, while senior citizens get interest of up to 6.30 percent in FDs here.
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