Top 6 Banks With Best 5-Year FD Rates

Published by: ABP News Bureau
Image Source: ABP Live AI

Bank Fixed Deposits (FDs):

It Offer A Secure Investment Option With Guaranteed Returns, Typically Providing Higher Interest Rates Than Savings Accounts. They Are Ideal For Those Seeking A Low-Risk, Predictable Income. Here Is The List Of The Top six Banks Giving Highest Rates On 5-Year FD Tenure

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HDFC Bank:

The Largest Private Lender In The Country Offers A 7 Per Cent Interest Rate On Its Five-Year Fixed Deposit For Regular Citizens And 7.5 Per Cent For Senior Citizens

Image Source: PTI

ICICI Bank:

It Gives A 7 Per Cent Interest Rate On Its Five-Year Fixed Deposit For Regular Citizens And 7.5 Per Cent For Senior Citizens

Image Source: ICICI

State Bank Of India:

SBI Offers 6.5 Per Cent Interest On Its Five-Year FD To Regular Citizens, Whereas Senior Citizens Are Entitled To Receive 7.5 Per Cent

Image Source: PTI

Bank Of Baroda:

This State Lender Offers A 6.5 Per Cent Interest Rate On Its Five-Year FD With A 7.15 Per Cent Rate For Senior Citizens.

Image Source: BoB

Punjab National Bank:

PNB Offers A 6.5 Per Cent Interest Rate For Regular Citizens And 7 Per Cent For Senior Citizens

Image Source: PTI

Kotak Mahindra Bank:

It Offers A 6.2 Per Cent Interest Rate For Regular Citizens And 6.7 Per Cent For Senior Citizens On Its Fixed Deposits

Image Source: PTI