FD interest rates: Know the interest rate offered by these 6 banks on a -YEAR fixed deposit

We have fixed deposits in a reliable investment method. Interest on fixed deposits is a bankruptcy rate. Recently, the Reserve Bank of India has declined the repo rate. On the other hand, banks are also modifying interest rates on FD. Most private and public sector banks are expected to start reducing interest rates on fixed deposits (FDs) soon. If you plan to invest in fixed deposits in some of your portfolio for a year .. then learn about the interest rates given by some banks.

HDFC Bank

It is the largest private bank. General and senior citizens offer 6.6 % and 7.10 % interest on fixed deposits a year.

ICICI Bank

Private banks provide 6.7 percent and 7.20 percent interest on deposits for general and senior citizens of the year.

Kotak Mahindra Bank

This private bank provides little more interest on deposits of 1 year duration. This means 7.10 percent for common citizens and 7.6 percent to senior citizens.

Federal bank

The bank offers 7 % interest on 1 year fixed deposit and 7.5 % for senior citizens.

Bank of Baroda

The bank offers 6.85 percent for ordinary citizens and 7.35 percent for senior citizens on a fixed deposit of 1 year.

Union bank of india

The government bank offers 6.8 percent for ordinary citizens and 7.3 percent for senior citizens, which is on a fixed deposit with one -year.