If you want to make a safe investment of your accumulated capital, then Fixed Deposit (FD) can prove to be a very good option for you. By investing in FD, you get guaranteed income after a fixed period. Many big banks of the country including State Bank of India (SBI) are giving very high interest on FDs to their customers. Let us know today about such banks which give interest of up to 8% on FDs of one year.

7.75% interest will be available here

DCB Bank is paying 7.25% interest on 1 year FD to its general customers while 7.75% interest to its senior citizen customers. On the other hand, Tamil Nadu Mercantile Bank gives 7.25% interest on 1-year FD to its general customers and 7.75% to its senior citizen customers. On the other hand, Canara Bank gives 7% interest to its general customers while 7.50% interest to its senior citizen customers.

SBI is giving so much interest

Apart from these banks, RBL Bank is offering 7% interest on 1-year FDs to its general customers and 7.50% to its senior citizen customers. On the other hand, Bank of India is giving 7% interest to its general customers while 7.50% interest to its senior citizen customers. On the other hand, State Bank of India is paying 6.80% interest to its general customers while 7.30% interest to its senior citizen customers.

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