City
Epaper

Fixed Deposits: If you invest Rs 1 lakh, you will get Rs 1.23 lakh, find out how

By Benson | Updated: February 8, 2022 17:28 IST

Open in App
1 / 6
Fixed Deposits are always considered the best option to save money and get a safe return. However, it yields lower returns than the equity market. In this case, today we will inform you about some such banks.
2 / 6
Suryodaya Small Finance Bank is one of the best interest paying banks. It offers 7% interest on three year fixed deposit. If you make a fixed deposit of Rs 1 lakh for three years, you will get a refund of around Rs 1.23 lakh.
3 / 6
RBL Bank offers an interest rate of 6.50% on a three-year fixed deposit. It is also one of the best interest payers. If you make a fixed deposit of Rs 1 lakh in RBL Bank for three years, you will get around Rs 1.21 lakh.
4 / 6
Yes Bank is offering an interest rate of 6.25 per cent on a three-year fixed deposit. If you make a fixed deposit of Rs. 1 lakh for three years with this bank, you will get back about Rs. 1.20 lakh after completion of your FD period.
5 / 6
IndusInd Bank is offering 6 per cent interest on a three-year fixed deposit. If you invest Rs 1 lakh in a fixed deposit in this bank, it will be around Rs 1.19 lakh in three years.
6 / 6
All these banks offer higher interest rates to senior citizens. In such a case, if you are a senior citizen yourself or are taking a fixed deposit for a senior citizen in your family, you will get higher interest rate than the interest rate mentioned above.
Tags: Suryoday Small Finance Bank
Open in App

Related Stories

BusinessMobisafar Services Private Limited partners with Suryoday Small Finance Bank Ltd for providing banking services on PAN INDIA basis by Sharman Joshi

National Realted Stories

NationalSpeed up land acquisition for projects in Kerala, Railways Minister tells CM Vijayan

NationalReply from Dhaka on Chinmoy Das’ arrest frustrating: ISKCON Kolkata spokesperson

NationalKailash Gahlot Steps Down from Delhi Legislative Assembly, Submits Resignation to Speaker Ram Niwas Goel

NationalTelangana Fire: Massive Blaze Erupts at SSV Scrap Industry in Medchal–Malkajgiri; Efforts to Control Ongoing (Watch Video)

NationalArmy continues search for missing Meitei man, tension prevails in Imphal West