Competitive bank fixed deposit interest rates allow depositors get a fair return on investment over a certain period of time.
SBI provides 6.80 per cent interest on one year FD, 6.75 per cent on three year FD, and 6.50 per cent interest on five-year FD scheme.
The bank provides a 6.85 per cent interest rate on one year FD while 7.15 per cent in three years and 6.50 per cent on five-year FD schemes respectively.
ICICI Bank offers a 6.70 per cent interest rate on one year FD plan while 7 per cent each in three-year and five-year FD plans.
This bank gives 6.85 per cent interest on a year FD, 6.80 per cent on three years FD, and 6.70 per cent on 5 years FD scheme.
HDFC Bank offers a 6.60 per cent interest rate on one year FD plan while 7 per cent each in three-year and five-year FD plans.
For general citizens, Axis Bank provides 6.70 per cent interest rate on one-year FD while 7.10 per cent for three years and 7 per cent on five-year FD schemes respectively.