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FD News: If you are thinking of investing your savings in Fixed Deposit, then this information is important for you. Currently, many government and private banks are offering up to 7.75% interest on a 1-year FD.

These include major banks in the country, such as SBI. At this time, by comparing the attractive interest rates being offered by different banks, you can make your investment even more profitable. Know about 10 such banks which are offering the highest interest.

7.75% interest is available here-

DCB Bank is giving 7.25 percent interest to its general customers on 1-year FD while 7.75 percent interest is being given to senior citizen customers. Whereas Tamilnad Mercantile Bank is giving 7.25 percent interest to its general customers on 1 year FD and 7.75 percent interest to senior citizen customers. Apart from this, Canara Bank is giving 7 percent interest to its general customers on 1 year FD and 7.50 percent interest to senior citizen customers.

Bumper interest is being given in RBL Bank-

On the other hand, Karnataka Bank is giving 7 percent interest to its general customers on 1 year FD while 7.40 percent interest is being given to senior citizen customers. Apart from this, Deutsche Bank is giving the same interest to its general customers on 1 year FD and to senior citizen customers. While RBL Bank is giving 7% interest on 1 year FD to its general customers and 7.50% to senior citizen customers.

SBI is giving more than 7% interest-

Bank of India gives 7% interest on 1 year fixed deposit (FD) to its general customers, while 7.50% to senior citizens. Similarly, State Bank of India offers 6.80% interest to general customers and 7.30% interest to senior citizens. In Bank of Baroda and Central Bank of India, general customers get 6.75% and senior citizens get 7.25% interest. Thus, there is a difference in the interest rates offered on FD in different banks, which can be beneficial for the customers.

Disclaimer: This content has been sourced and edited from Hr Breaking. While we have made modifications for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.