People who are looking for safe and assured returns on their investments, fixed deposits (FDs) are considered to be the preferred investment choice for them.
Bank fixed deposits have always been popular considering the safety of the investment. Most top lenders also offer the option of a short-term, mid-term or long-term fixed deposit depending on your investment needs and horizon. All you need to do is compare the interest rates on offer before taking your pick.
We have compiled the latest fixed deposit interest rates of top lenders in India.
Latest interest rates of SBI
|MATURITY PERIOD||INTEREST RATES|
|7 days to 45 days||2.9%|
|46 days to 179 days||3.9%|
|180 days to less than 1 year||4.4%|
|1 year to less than 2 years||5%|
|2 years to less than 3 years||5.1%|
|3 years to less than 5 years||5.3%|
|5 years and up to 10 years||5.4%|