If you are planning to invest in FD i.e. Fixed Deposit, then this information is for you only.
In this article, we are giving information only about some such banks which can currently be selected for one year FD .
You can avail huge benefits with these banks –
ICICI Bank
You can go for ICICI Bank option to invest in FD for one year. At present ICICI Bank is giving interest at the rate of 6.7-7.25 percent to its customers on one year FD.
Kotak Mahindra Bank
Kotak Mahindra Bank is offering good returns to its customers on one year FD. Currently Kotak Mahindra Bank is giving interest at the rate of 6.50 percent to its customers on one year FD.
The same interest rate has been kept at 7.10 percent for a period of more than one year i.e. 365 days to 389 days.
Bank of Baroda
You can also go for the option of Bank of Baroda for one year FD. This bank is giving interest at the rate of 7.10 percent to its customers on 360 day FD.
State Bank of India
You can also go for SBI option for one year FD. This bank is giving interest at the rate of 6.80 percent to its customers on one year FD. This interest rate has been kept at 7 percent for a period of 2-3 years.
Axis Bank
You can go for Axis Bank option to invest in FD for one year. Currently, Axis Bank is giving interest at the rate of 6.70 percent to its customers on one year FD.
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