5 banks that give you highest interest on FD

New Delhi: Fixed Deposits (FDs) are a part of your brief and mid-term investments and therefore it is extremely essential that you stay relaxed for the whole time period you have chosen.

For these with low danger urge for food, Fixed Deposits are a safer wager as a result of their cash has an assured charge of return.

However, how a lot your cash grows, relies upon on the speed of interest that numerous banks and monetary establishments supply on Fixed Deposits. Here are 5 banks that will give you highest interest on FD.

1 yr Tenure (Interest charge compounded quarterly)

IndusInd Bank: 6.50 p.c

RBL Bank: 6.50 p.c

Ujjivan Small Finance Bank: 6.50 p.c

Equitas Small Finance Bank: 6.50 p.c

DCB Bank: 6.05 p.c

2 yr Tenure (Interest charge compounded quarterly)

DCB Bank: 6.50 p.c

IndusInd Bank: 6.50 p.c

RBL Bank: 6.50 p.c

Ujjivan Small Finance Bank: 6.50 p.c

Equitas Small Finance Bank: 6.40 p.c

3 yr Tenure (Interest charge compounded quarterly)

DCB Bank: 6.75 p.c

Equitas Small Finance Bank: 6.65 p.c

RBL Bank: 6.60 p.c

AU Small Finance Bank: 6.50 p.c

IndusInd Bank: 6.50 p.c

5 yr Tenure (Interest charge compounded quarterly)

DCB Bank: 6.75 p.c

IndusInd Bank: 6.50 p.c

Equitas Small Finance Bank: 6.40 p.c

AU Small Finance Bank: 6.25 p.c

RBL Bank: 6.25 p.c

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