Bank FD Scheme : If you are planning to secure your future and invest a portion of your income, then a Bank Fixed Deposit (FD) scheme can be one of the safest and most profitable options. Many leading public and private sector banks are currently offering attractive returns on 1-year FD schemes. Let’s take a look at the interest rates being offered by the top 5 banks on 1-year Fixed Deposits.
Canara Bank FD Scheme: 1-Year Fixed Deposit
Canara Bank is offering 7% interest per annum on a 1-year Fixed Deposit scheme for general citizens. Meanwhile, senior citizens can enjoy a higher interest rate of 7.50% per annum. This makes Canara Bank’s FD scheme a great opportunity for safe investment with assured returns.
Bandhan Bank FD Scheme: High Returns on 1-Year FD
Bandhan Bank is currently offering one of the highest interest rates among banks. On a 1-year Fixed Deposit, general citizens can earn 8.05% interest per annum, while senior citizens are offered 8.55% interest per annum. Investors looking for high returns can consider this scheme by visiting their nearest Bandhan Bank branch.
SBI FD Scheme: 1-Year Fixed Deposit Interest
The State Bank of India (SBI), the largest public sector bank in India, provides safe and reliable FD schemes. On a 1-year FD, general citizens can earn 6.80% interest per annum, while senior citizens are eligible for 7.30% interest per annum. Those planning to invest in SBI’s FD scheme can contact their nearest branch for complete details.
Bank of Baroda FD Scheme: 1-Year Deposit Plan
Bank of Baroda also offers competitive FD schemes. On a 1-year Fixed Deposit, general customers receive 6.75% interest per annum, whereas senior citizens are offered 7.25% per annum. This makes it a stable and rewarding option for those looking to invest securely.
PNB FD Scheme: 1-Year Fixed Deposit Interest Rates
Punjab National Bank (PNB) is providing attractive interest rates on its 1-year Fixed Deposit scheme. General citizens earn 6.80% per annum, while senior citizens receive 7.30% per annum. This makes PNB’s FD scheme a good choice for safe investment and steady returns.
Important Note
The interest rates mentioned above are indicative and subject to change from time to time. Before investing, it is always advisable to visit your nearest bank branch and confirm the latest FD interest rates and terms.
