Latest FD Rates: This is what banks like SBI, BoB, PNB, Canara Bank, ICICI Bank and HDFC Bank can give you on Rs 6 lakh FD investment
Latest FD Rates: BoB provides general citizens with 6.85 per cent, 7.15 per cent, and 6.80 per cent interest rates on 1-year, 3-year, and 5-year FD tenure, respectively.
FDs or fixed deposits are one of the best ways of investing and safeguarding your money. FDs allow you to save money and earn a significant income from them. Competitive bank fixed deposit interest rates allow depositors to get a fair return on investment over a certain period. The fixed deposit program requires the depositor to make a single deposit upon opening the account. The interest rates vary depending on the bank, deposit amount, and tenure chosen.
Images: Unsplash, Pixabay
General citizens FD rates
Here is what public banks like SBI, BoB, Canara Bank, PNB, and other private banks like HDFC Bank and ICICI Bank are providing to general citizens on Rs 6 lakh investment.
SBI latest FD rates
SBI provides general citizens with 6.80 per cent, 6.75 per cent, and 6.50 per cent interest rates on 1-year, 3-year, and 5-year FD tenure respectively.
SBI: What will be the maturity amount on a 6 lakh investment?
1-year: Rs 6,41,852
3-year: Rs 7,33,436
5-year: Rs 8,28,252
BoB FD rates
BoB provides general citizens with 6.85 per cent, 7.15 per cent, and 6.80 per cent interest rates on 1-year, 3-year, and 5-year FD tenure, respectively.
BoB: What will be the maturity amount on a 6 lakh investment?
1-year: Rs 6,42,168
3-year: Rs 7,42,138
5-year: Rs 8,40,563
PNB FD rates
PNB provides general citizens with 6.80 per cent, 7 per cent, and 6.50 per cent interest rates on 1-year, 3-year, and 5-year FD tenure, respectively.
PNB: What will be the maturity amount on a 6 lakh investment?
1-year: Rs 6,41,852
3-year: Rs 7,38,864
5-year: Rs 8,28,252
Canara Bank FD rates
Canara Bank provides general citizens with 6.85 per cent, 7.40 per cent, and 6.70 per cent interest rates on 1-year, 3-year, and 5-year FD tenure, respectively.
Canara Bank: What will be the maturity amount on a 6 lakh investment?
1-year: Rs 6,42,168
3-year: Rs 7,47,625
5-year: Rs 8,36,440
ICICI Bank FD rates
ICICI Bank provides general citizens with 6.70 per cent on 1-year, and 7 per cent each in 3-year, and 5-year FD tenure, respectively.
ICICI Bank: What will be the maturity amount on a 6 lakh investment?
1-year: Rs 7,48,092
3-year: Rs 8,62,008
5-year: Rs 9,90,345
HDFC Bank FD rates
HDFC Bank provides general citizens with 6.60 per cent on 1-year, and 7 per cent each in 3-year, and 5-year FD tenure, respectively.
HDFC Bank: What will be the maturity amount on a 6 lakh investment?
1-year: Rs 6,40,591
3-year: Rs 7,38,864
5-year: Rs 8,48,867