Latest FD Rates: Know your maturity amount on Rs 7 lakh investment in banks SBI, Canara Bank, HDFC Bank, ICICI Bank and others in 1-year, 3-year and 5-year
Latest FD Rates: Canara Bank provides general citizens with 6.85 per cent, 7.40 per cent, and 6.70 per cent interest rates on 1-year, 3-year, and 5-year FD tenure, respectively.
Fixed deposits (FDs) are considered secure investments because they provide guaranteed returns, capital protection, and regulatory control. FDs also offer a fixed interest rate and you can know what you will get on maturity. Moreover, the interest rate does not change as per the market movements.
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FD rates that PSU banks and private banks are providing
This article will talk about FD rates that PSU banks like SBI, BoB, Canara Bank, PNB, and other private banks like ICICI Bank and HDFC Bank are providing.
SBI latest FD rates
SBI provides general citizens with 6.80 per cent, 6.75 per cent, and 6.50 per cent interest rates on 1-year, 3-year, and 5-year FD tenure respectively.
SBI: What will the maturity amount be on a Rs 7 lakh investment?
1-year: Rs 7,48,828
3-year: Rs 8,55,675
5-year: 9,66,294
PNB FD rates
PNB provides general citizens with 6.80 per cent, 7 per cent, and 6.50 per cent interest rates on 1-year, 3-year, and 5-year FD tenure, respectively.
PNB: What will the maturity amount be on a Rs 7 lakh investment?
1-year: Rs 7,48,828
3-year: Rs 8,62,008
5-year: 9,66,294
BoB FD rates
BoB provides general citizens with 6.85 per cent, 7.15 per cent, and 6.80 per cent interest rates on 1-year, 3-year, and 5-year FD tenure, respectively.
BoB: What will the maturity amount be on a Rs 7 lakh investment?
1-year: Rs 7,56,589
3-year: Rs 8,65,828
5-year: 9,80,657
HDFC Bank FD rates
HDFC Bank provides general citizens with 6.60 per cent on 1-year, and 7 per cent each in 3-year, and 5-year FD tenure, respectively.
HDFC Bank: What will the maturity amount be on a Rs 7 lakh investment?
1-year: Rs 7,47,356
3-year: Rs 8,62,008
5-year: 9,90,345
Canara Bank FD rates
Canara Bank provides general citizens with 6.85 per cent, 7.40 per cent, and 6.70 per cent interest rates on 1-year, 3-year, and 5-year FD tenure, respectively.
Canara Bank: What will the maturity amount be on a Rs 7 lakh investment?
1-year: Rs 7,49,196
3-year: Rs 8,72,229
5-year: 9,75,847
ICICI Bank FD rates
ICICI Bank provides general citizens with 6.70 per cent on 1-year, and 7 per cent each in 3-year, and 5-year FD tenure, respectively.
ICICI Bank: What will the maturity amount be on a Rs 7 lakh investment?
1-year: Rs 7,48,092
3-year: Rs 8,62,008
5-year: 9,90,345
This is not investment advice. Do your own due diligence or consult an expert for financial planning.