FD Interest Rate Increased

FD Interest Rate Increased – These days, FDs aka Fixed Deposit is considered to be the safest investment options of all. Who does not want to invest in low-risk investment options? In a few Fixed Deposits, investors get more interests than stock market. This is one of the huge reasons why people prefer fixed deposits than stock market options.

FD Interest Rate Increased again in a high amount!

These days, many banks have already increased interest rates on FDs. They allow customers to get higher interest rates on their deposited amount of money. In this article, we are going to discuss some of the banks that has a high amount of FD Interest Rates.

Indian bank:-
Indian bank offers a huge amount of FD rate for their customers, in which 0.25% extra interest rate than usual for super senior citizens (above 80 years of age) and 0.50% extra FD interest rate than usual for senior citizens (above 60 years of age).

Punjab National Bank:-
PNB aka Punjab National Bank is one of the largest banks in India. It offers a huge amount of interest rate for their customers. PNB offers 0.80% extra interest rate than usual for super senior citizens (above 80 years of age). PNB offers 0.50% extra interest rate than usual for senior citizens (above 60 years of age).

RBL Bank:-
RBL offers a huge amount of FD interest rate for their customers, in which 0.75% extra interest rate than usual for super senior citizens (above 80 years of age) and 0.50% extra FD interest rate than usual for senior citizens (above 60 years of age). Now the bank offers 8.30% FD interest rate for their customers.

Union Bank of India:-
Union Bank of India offers a lottery like amount of interest rate for their customers. The bank offers 0.75% extra interest rate than usual for super senior citizens. Currently, it offers 8.05% interest rates for people above the age of 80.

In New SBI scheme, children’s education to marriage expenses are almost free!

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Written and edited by Rajeshwari.

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