FD Interest Rates: To save your earnings, there are many investment options available in the market, including stock options for quick short-term profits. For long-term investments, you can invest in bank fixed deposits (FDs). If you’re investing for at least five years, both can be a good option. If you want to earn money through fixed deposits, be sure to calculate the interest rates offered by banks before investing.

FDs offer fixed interest rates and ensure your money is safe. Long-term FDs generally have higher interest rates. Senior citizens also receive higher interest rates than ordinary citizens. Several banks in the country offer interest rates as high as 7%. These include both private and public sector banks. Here’s a list of popular banks in the country, highlighting which banks offer the highest interest rates on one-year FDs.

1. HDFC Bank
HDFC Bank, one of the country’s largest private banks, offers excellent returns on FDs. One-year FDs offer 6.25% interest, while senior citizens are offered 6.75%.

2. ICICI Bank
One-year FDs at ICICI Bank offer 6.25% annual interest, while senior citizens are offered 6.75%. Three-year FDs offer 6.45% to 6.60% interest, and five-year FDs offer 6.40% to 6.60% interest.

3. Kotak Mahindra Bank
This private bank also offers 6.25% interest on one-year FDs for ordinary citizens. It offers 6.75% for senior citizens. Furthermore, it offers the highest returns for FDs with maturities ranging from 391 days to 23 months.

4. Federal Bank
Federal Bank offers 6.25% interest on one-year FDs for general citizens and 6.75% for senior citizens. The highest returns are available for 999-day deposits, with an interest rate of 6.70%.

5. State Bank of India
Investors at State Bank of India, the country’s largest public sector bank, are earning 6.25% and 6.45% annual interest on one-year and two-year FDs. However, the highest returns are available for 2- to 3-year deposits, with an interest rate of 6.45%.

6. Union Bank
This public sector bank offers 6.40% interest on one-year fixed deposits for ordinary citizens. Senior citizens are offered 6.90% interest. The highest return is on 3-year fixed deposits, offering 6.6% interest. Senior citizens are offered 7.1% interest.

7. Canara Bank
This public sector bank offers 6.25% interest on one-year fixed deposits for general citizens and 6.75% for senior citizens. The highest returns are available on FDs with a duration of 444 days. The interest rate for general citizens during this period is 6.50%, while for senior citizens it is 7%.

8. Punjab National Bank
This public sector bank offers 6.25% interest on general citizens and 6.75% for senior citizens. The highest returns are available on FDs with a duration of 390 days. The interest rate during this period is 6.1%, while for senior citizens it is 7.1%.

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Bank FD interest rate: No matter how many investment options are available in the market, FD is always considered the safest option. If you are also planning to invest for a period of less than one year, then we will tell you about some such banks which are getting the benefit of higher interest even in short period.

Today we will tell you which bank is giving the highest interest benefit on FD between 7 days to 12 months. Here we tell you about FDs of private, PSU and small finance banks.

Private Banks

1. HDFC Bank FD interest rates

HDFC Bank is providing interest facility to general citizens between 3% to 6.00% for tenure ranging from 7 days to less than one year.

2. ICICI Bank FD interest rates

ICICI Bank offers interest rates between 3% to 6.00% for tenures ranging from 7 days to less than a year for general citizens.

3. Yes Bank FD interest rates

Private sector Yes Bank is offering interest between 3.25% to 7.25% for common citizens for a period ranging from 7 days to one year.

PSU Banks

1. SBI FD interest rates

The country’s largest government bank SBI is offering interest between 3% to 5.75% to common citizens for a period ranging from 7 days to one year.

2. PNB FD interest rates

PNB (Punjab National Bank) is offering the benefit of interest between 3% to 7% for the period ranging from 7 days to one year for the general citizens.

3. Canara Bank FD interest rates

Canara Bank is offering interest between 4% to 6.85% for general citizens for a period ranging from 7 days to one year.

Small Finance Banks

1. Unity Small Finance Bank

Unity Small Finance Bank is offering interest facility to common citizens between 4.50% to 7.85% for a period ranging from 7 days to one year.

2. Jana Small Finance Bank

Jana Small Finance Bank is offering interest between 3% to 8.50% for the tenure ranging from 7 days to one year for general citizens.

3. Suryoday Small Finance Bank

Suryoday Small Finance Bank is offering interest between 4% to 6.85% for general citizens for a period of 7 days to one year.

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