If you invest money even for one year and in this FD also you get good returns. The special advantage in this is that your money is not blocked for a long time and you get good returns within a year.
RBL Bank is giving interest at the rate of 6.10% on one year FD.
Often you must have heard that people deposit money in FD for a long time and then wait for it to mature for a long time. But, if you have it and you do not want to invest it for a long time, then you can also get it FD for one year. Actually, people consider FD as the best way of investment, because their money is completely safe here.
In such a situation, you invest money for only one year and the special thing is that in this FD also you get good returns. The special advantage in this is that your money is not blocked for a long time and you get good returns within a year. That’s why today we are telling you that if you get an FD for one year, then which banks give you how much return. Know which bank gives how much interest for one year FD…
How much interest do you get in private bank?
If you compare the interest of one year FD, then only small banks will appear at the top of this list, because their interest rate is much higher than other banks. For example, RBL Bank is giving interest at the rate of 6.10% on one year FD. The bank has changed its rate on May 17, whereas earlier this rate was 6.50 percent. If we talk about IndusInd Bank, then the bank is giving interest at the rate of 6 percent, which was 6.50 percent earlier. Explain that in this senior citizens get 0.50 percent benefit in this rate.
At the same time, Yes Bank had also recently changed its rate and now interest is being given by the bank at the rate of 6 percent, which was 6.25 earlier, but it has been changed. This rate of interest in Bandhan Bank is 5.50 percent.
What is the condition of PSU Bank?
If we talk about PSU banks, then public sector banks like Union Bank of India and Bank of India are giving interest at the rate of only 5.25 percent. If you get one year FD from Canara Bank, Punjab and Sind Bank, then you get interest at the rate of 5.20 percent. This same interest rate is only 4.90 percent in Indian Overseas Bank.
Also read- Know when the account becomes inactive, how can you withdraw money stuck in the account?
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