Today news
About the same in other media
FD interest rate of up to 8.55%: Check which bank is offering higher interest rate on 1-year senior citizen FD, full list
Reading now: 881
ET Year-end Special Reads
The mother of all Indian IPOs: Is it coming in 2025?
10 big events India witnessed in 2024
Thriller or mystery? How India's economy can unfold in 2025
FD interest rate of up to 9%: Check highest interest rates offered by small finance banks in December 2024
To maximise your investment returns, it's crucial to compare interest rates offered by different banks and financial institutions. Even small differences in interest rates can significantly impact your overall earnings, especially for long-term FDs. This list highlights banks offering the best one-year FD interest rates for senior citizens.
Here is a list of banks offering highest rates on one-year FD for senior citizens
PUBLIC SECTOR BANKSBankInterest rate (%)Indian Overseas Bank7.6Bank of Baroda7.35Canara Bank7.35Central Bank of India7.35Bank of India7.3Punjab National Bank7.3State Bank of India7.3Union Bank of India7.3Bank of Maharashtra7.25Punjab & Sind Bank6.8Indian Bank6.6Source: Paisabazaar. Rates as on December PRIVATE SECTOR BANKSBankInterest rate (%)Bandhan Bank8.55IndusInd Bank8.25RBL Bank8Karnataka Bank7.75YES Bank7.75DCB Bank7.6Kotak Mahindra Bank7.6SBM Bank India7.55DBS Bank7.5Federal Bank7.5Jammu & Kashmir Bank7.5Tamilnad Mercantile Bank7.5Karur Vysya Bank7.4City Union Bank7.25Axis Bank7.2ICICI Bank7.2South Indian Bank7.2HDFC Bank7.1IDFC First Bank7CSB Bank5.5
Source: Paisabazaar. Rates as on December 18, 2024.
Tax rule on interest income from fixed deposit
According to the IndusInd Bank website, «The Indian government
Read more on economictimes.indiatimes.comAbout this in other media
Latest Market News Today Live Updates January 1, 2025: Gold Rate And Silver Price Today on January 1, 2025: Check latest Rates in India livemint.com /3 days ago
New Year 2025 bank holiday: Are banks open or closed on January 1, 2025; check now economictimes.indiatimes.com /4 days ago
New Year gun laws in US: New York, California, other states to have new regulations. Check full list economictimes.indiatimes.com /4 days ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
