Where to save hard earned money
People earn money , but he don't have proper guidance where to invest so they can get more from their earning. They mostly invest bank or some institution where their money got stuck or they entered into a fraud.
Updated on - 11 Sep 2022
Name of Bank |
For General
Citizens (p.a.) |
For Senior
Citizens (p.a) |
3.25% to 6.75% |
3.75% to 7.50% |
|
3.50% to 6.75% |
4.25% to 7.50% |
|
2.55% to 5.60% |
2.80% to 6.10% |
|
2.75% to 5.60% |
Contact the bank |
|
2.80% to 5.60% |
3.30% to 6.10% |
|
3.00% to 5.75% |
3.50% to 6.25% |
|
3.00% to 7.00% |
3.75% to 7.50% |
|
2.50% to 6.50% |
Contact the bank |
|
2.25% to 6.00% |
2.75% to 6.50% |
|
2.75% to 7.00% |
2.75% to 7.00% |
|
2.50% to 7.00% |
Contact the bank |
Highest 1 Year FD
Interest Rates
These are the highest 1-year FD rates offered by banks effective from
September 2022:
Name of Bank |
For General Citizens (p.a.) |
For Senior
Citizens (p.a.) |
IDFC First Bank |
5.75% |
6.25% |
Bank of India |
5.30% |
Contact the bank |
IDBI Bank |
5.60% |
6.10% |
Punjab National Bank |
5.50% |
6.00% |
Canara Bank |
5.50% |
6.00% |
State Bank of India |
5.45% |
5.95% |
Punjab and Sind Bank |
5.65% |
5.65% |
Highest 2 Year FD
Interest Rates
These are the highest 2-year FD rates offered by banks effective from
September 2022:
Name of Bank |
For General
Citizens (p.a.) |
For Senior
Citizens (p.a.) |
IDFC First Bank |
6.50% |
7.50% |
IDBI Bank |
5.65% |
6.40% |
Union Bank of India |
5.45% |
Contact the bank |
Canara Bank |
5.60% |
6.10% |
Highest 3 Year FD
Interest Rates
These are the highest 3-year FD rates offered by banks effective from
September 2022:
Name of Bank |
For General
Citizens (p.a.) |
For Senior
Citizens (p.a.) |
IDFC First Bank |
6.50% |
7.00% |
Axis Bank |
5.70% |
6.45% |
IDBI Bank |
5.75% |
6.50% |
State Bank of India |
5.60% |
6.10% |
Punjab and Sind Bank |
5.75% |
6.25% |
Best 5 Year FD
Interest Rates
These are the highest 5-year FD rates offered
by banks effective from September 2022:
Name of Bank |
For General
Citizens (p.a.) |
For Senior
Citizens (p.a.) |
IDFC First Bank |
6.50% |
7.00% |
Union Bank of India |
5.75% |
Contact the bank |
IDBI Bank |
5.80% |
6.55% |
Canara Bank |
5.75% |
6.25% |
Axis Bank |
5.75% |
6.50% |
State Bank of India |
5.65% |
6.45% |
In Indian Post bank also provide good interest rate with no risk
Post Office Time Deposit Account
(TD) |
|
Interest payable, Rates,
Periodicity etc. |
Minimum Amount for opening of
account and maximum balance that can be retained |
Interest payable annually but
calculated quarterly. |
Minimum INR 1000/- and in multiple
of 100. No maximum limit. |
Interest rates From 01.04.2020 to
30.06.2020 |
|
Period |
Rate |
1yr.A/c |
5.5% |
2yr.A/c |
5.5% |
3yr.A/c |
5.5% |
5yr.A/c |
6.7 % |
this is only a small information about saving and make money from your hard earned money, there are much more available we will provide you all information in our upcoming article........
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