In fixed deposit (FD), a person deposits a lumpsum amount for a period and gets the same interest rate on a monthly, quarterly, or yearly basis which the bank offers him at the time of depositing money.
Here are the latest FD interest rates that top banks of India are providing to general citizens in 1-year, 2-year, and 3-year FDs.
1-year: 6.8% 2-year: 6.75% 3-year: 6.5%
1-year: 6.8% 2-year: 7% 3-year: 6.5%
1-year: 6.85% 2-year: 6.8% 3-year: 6.7%
1-year: 6.7% 2-year: 7% 3-year: 7%
1-year: 6.6% 2-year: 7% 3-year: 7%
1-year: 6.7% 2-year: 7.1% 3-year: 7%
1-year: 6.85% 2-year: 7.15% 3-year: 6.5%