Highest interest rates on FD

Hi there,

This post is in response to a reader’s enquiry about the best interest rates for fixed deposits in India right now.

Here are the details-

BELOW 1 YEAR

  • South Indian bank – 10% for 300 days. For senior citizens, 10.50%.

ABOVE 1 YEAR BUT LESS THAN 2 YEARS

  • Lakshmi Vilas bank – 10.50%. For senior citizens, 10.75%
  • Tamilnad Mercantile bank – 10.25%. For senior citizens, 10.50%
  • The Ratnakar bank – 10%. For senior citizens , 10.50%
  • Karur Vysya bank – 10%. , For senior citizens , 10.50%
  • Catholic Syrian bank- 9.90%. For senior citizens , 10.40%
  • City union bank -10%, For senior citizens, 10.25%

ABOVE 2 YEARS BUT LESS THAN 3 YEARS

  • City Union bank – 10% , For senior citizens, 10.25%
  • Catholic Syrian bank – 10.25%.For senior citizens,  10.75%

ABOVE 3 YEARS BUT LESS THAN 5 YEARS

  • Dhanlakshmi bank – 10.10% , For senior citizens 10.60%
  • Tamilnad mercantile bank – 10% , For senior citizens 10.25%

ABOVE 5 YEARS

  • Tamilnad mercantile bank – 10% , For senior citizens 10.25%
  • Catholic Syrian bank – 10%. For senior citizens , 10.50% ( For 91 months)

I hope the information is useful.

Have a nice day !!

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2 Responses to “Highest interest rates on FD”

MCX Tips

December 24, 2011 at 11:28 am

This information is very nice. I hope it will get more benefit to me.

Ajay Sharma

December 9, 2014 at 12:34 pm

Please let us know about Bonds and Debentures. Which bond and debenture is good. What about SERI BOND ?

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