FDs or fixed deposits are considered the safest way of investment as there is no risk involved in this. It also provides fixed returns on your investment.
Interest in FDs can vary in different banks. Moreover, senior citizens get more interest than general citizens in FDs.
In this article, we will discuss general public FD rates that SBI, PNB, Canara Bank, Axis Bank, HDFC Bank, and ICICI Bank are offering to general citizens. Take a look:
444 days: 7.25%
400 days: 7.25%
15 months to 2 years: 7.25%
4 Year 7 Months (55 months): 7.4%
17 months to less than 18 months: 7.2%