But for this, they will have to open the FD for 1 year 6 months to below 1 year 7 months. If account holders open FD with IndusInd Bank, then, they can get as high as 7.85 per cent RoI. We have taken into consideration only private banks and not small finance banks.
They will get 8.50 per cent RoI on this term deposit. Senior citizens too will get 0.60 per cent additional rate on this FD. But for this, they will have to open the FD for 25 months. If account holders open FD with DCB Bank, then, they can get as high as 7.90 per cent RoI. Barring Small Finance Banks, no other private bank is giving as much interest rate on fixed deposits as DCB Bank. No. Currently, DCB Bank is giving the highest interest rate on fixed deposits to both general and senior citizens. But is 7.00 per cent currently the highest interest rate that one can get by opening an FD with any of the private banks in the country? The private lender has hiked interest rates to as high as 7.00 per cent on fixed deposits of more than 2 years to less than 3 years tenure.
Is 7.00 per cent currently the highest interest rate that one can get by opening an FD with any of the private banks in the country? Photo Credit: iStockĪhead of disinvestment by LIC, IDBI Bank, has a huge Diwali gift for depositors.
