SBI, BoB, ICICI Bank & other banks FD Rates: This is what you can get on Rs 9 lakh investment in 1-year, 3-year and 5-year tenures from these banks

FDs are risk-free investments that provide better interest than savings accounts. However, whether FD is a superior alternative for you is determined by your financial objectives, risk tolerance, and investment horizon. Volatile market swings have little bearing on FD investment. The interest rate is also kept constant during the chosen tenure. As a result, you will get an estimate of your maturity amount. Investing in an FD requires a minimum of Rs 10,000. When your fixed deposit matures, you can have it automatically renewed. 

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