Question:

Which bak gives best fixed deposit rates in india ?

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Which bak gives best fixed deposit rates in india ?

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6 ANSWERS


  1. City Union Bank and Lakshmi Vilas Bank


  2. Gramid Bank

  3. hey there are many banks in India who all are offering the fixed deposits and it's very hard to say straight away that which bank offers the best rates. After a long search i found an online resource where almost every banks are covered in their fd database. you can compare rates with help of their fixed deposit calculators. for further information you may go for the source i have mentioned below:

  4. all scheduled banks in India offers similar rates of interest on fixed deposit. the only difference might not  be more than 0.25 %

    following are the rates given by SBI

    Rates for the period from 04.01.2008 to 31.05.2008

    Revised rates w.e.f.01.06.2008



    Duration



    Interest Rate

    (% p.a.)

    Duration



    Interest Rate

    (% p.a.)



    15 days to 45 days

    4.75

    15 days to 45 days

    4.75



    46 days to 90 days

    5.25

    46 days to 90 days

    5.25



    91 days to 180 days

    7.00

    91 days to 180 days

    7.00



    181 days to less than 1 year

    7.50

    181 days to less than 1 year

    7.50



    1 year to less than 2 years

    8.75

    1 year to less than 2 years

    8.75



    2 year to less than 3 years

    8.50

    2 year to less than 3 years



    3 year to less than 5 years

    8.50

    3 year to less than 5 years

    8.85



    5 years and up to 10 years

    8.50

    5 years and up to 10 years

    9.00



    Note :- Single Term deposit for maturity period of “7 days to 14 days” will continue to be accepted for amounts of Rs. 1 crore and above and rates for the same will be advised by SME Department at Corporate Centre.

    i have some deposit with hdfc bank and am getting the same rates,.

  5. I personally feel its better to invest in land or upcomin projects like Ansals ,Casabella gurgoan or Greater noida,by investing here u.ll get 8 times more return rather than fixed deposit.

  6. citibank

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