Core Insights - The article discusses the highest fixed deposit (FD) interest rates offered by major banks in India, highlighting competitive rates for both general and senior citizens [5][6] Summary by Bank - State Bank of India (SBI): Offers FD interest rates ranging from 3.05% to 6.60% for general citizens and 3.55% to 7.10% for senior citizens, with the highest rates available for a tenure of 444 days [5][6] - HDFC Bank: Provides FD interest rates between 2.75% and 6.60% for general citizens and 3.25% to 7.10% for senior citizens, with the highest rates applicable for a tenure of 18 months to less than 21 months [5][6] - ICICI Bank: Offers FD interest rates from 2.75% to 6.60% for general citizens and 3.25% to 7.10% for senior citizens, with the highest rates available for tenures of 2 years 1 day to 10 years [5][6] - Punjab National Bank (PNB): Provides FD interest rates between 3.00% and 6.60% for general citizens and 3.50% to 7.10% for senior citizens, with the highest rates available for a tenure of 390 days [5][6] - Bank of Baroda (BoB): Offers FD interest rates ranging from 3.50% to 6.60% for general citizens and 4.00% to 7.10% for senior citizens, with the highest rates applicable for a tenure of 444 days [5][6] Market Context - The article emphasizes that fixed deposits remain a reliable investment avenue for safe and assured returns, especially as investors monitor interest rate movements [5][6]
Highest FD interest rates in top 5 banks: SBI, PNB, ICICI Bank, HDFC Bank and Bank of Baroda
The Economic Timesยท2025-09-26 03:58