Top 5 Banks for High-Interest Fixed Deposits – Grow Your Wealth!

Maximizing Your Earnings with Punjab National Bank’s FD Schemes

By locking in your investment in Punjab National Bank’s Fixed Deposit (FD) scheme, you can earn lucrative returns. They offer interest rates ranging from 3.5% to 7.25% on FDs with maturity periods ranging from 7 days to 10 years. Senior citizens can enjoy even higher returns, with interest rates ranging from 4% to 7.75%. If you invest for 444 days, you can earn a maximum interest rate of 7.25%.

Fixed Deposit: A Steady and Attractive Investment Option

Fixed Deposits (FDs) continue to gain popularity slowly but steadily. Both small and large investors are opting to park their funds in FDs, as it offers a decent return over a shorter period. Additionally, compared to savings accounts, Fixed Deposits offer higher interest rates.

Bank of Baroda FD Rates

Bank of Baroda offers some excellent FD schemes for its customers. They provide FDs with maturity periods ranging from 7 days to 10 years. Regular customers can avail interest rates from 3% to 7.25%, while senior citizens can enjoy rates from 3.5% to 7.75%. Invest for 444 days, and you can earn a maximum interest rate of 7.25%.

Federal Bank FD Rates

Federal Bank also offers FD schemes with tenures ranging from 7 days to 10 years. For regular customers, they provide interest rates from 3% to 7.3%, whereas senior citizens can earn interest rates from 3.5% to 7.8%. These rates will be effective from September 1, 2023.

Canara Bank FD Rates

Canara Bank offers FD schemes with maturity periods of 7 days to 10 years, providing interest rates ranging from 4% to 7.25% for regular customers and 4.25% to 8.25% for senior citizens. These rates will be effective starting from August 5, 2023.

IndusInd Bank FD Rates

IndusInd Bank offers FD schemes with maturity periods ranging from 7 days to 10 years, providing interest rates ranging from 3.5% to 7.5% for regular customers and 4.25% to 8.25% for senior citizens. These rates will be effective starting from August 5, 2023.