In this period of falling interest rates, if you are planning to invest in Fixed Deposit (FD), then it is important to compare before choosing a bank. Here we are telling you about those 6 banks which are currently giving the highest interest on FD.
Banks with Highest Interest Rates on FD: The Reserve Bank of India (RBI) has announced a total reduction of 100 basis points in three consecutive monetary policy announcements this year. Almost all the banks in the country have reduced the interest rates on fixed deposits ( FD) and loans. In such a situation, if you want a good return on your hard-earned money, then it is important to compare the interest rates of different banks before making an FD.
HDFC Bank: Trusted name, good returns
Interest Rate: 6.6% (18 to 21 months)
For senior citizens: 7.10%
Latest rates effective: June 25, 2025
This big name in the private sector is not only known for its service but is also giving good interest on FD. There is also an additional benefit for senior citizens.
