Compare Your Bank FD Rates

Bank fixed deposits (FDs) remain a popular investment product not only among senior citizens who are looking for guaranteed income, but also among investors who cannot take risk. But over-exposure in FDs is not good, and you need to assess your asset allocation and goals to decide how much you should invest in them. For example, saving 15 years through an FD for your child’s higher education may not be effective as the post-tax interest rate of FD may not give you real returns (returns that are above the rate of inflation), But if you plan to take leave in two years, FD can help. Before choosing an FD, you should compare the interest rates on offer. Here is a list of banks that offer the highest FD rates for deposits up to ₹ 1 crore in different tenures.