Seniors Can Avail Of Fixed Deposit Rates Up To 8.25%; Know The Revised Rates Of Federal Bank, BOB, And 3 Others outlookindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from outlookindia.com Daily Mail and Mail on Sunday newspapers.
Seniors Can Avail Of Fixed Deposit Rates Up To 8.25%; Know The Revised Rates Of Federal Bank, BOB, And 3 Others outlookindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from outlookindia.com Daily Mail and Mail on Sunday newspapers.
PNB raised the interest rate from 6.25 percent to 7.05 percent on deposits of 300 days with effect from Jan 8, 2024. We showcase the latest FD rates of major banks here.
There are two key reasons of locking your savings at the current interest rate. One, the interest rates have reached the peak as a result of the RBI’s monetary policy. Second, these rates may see a decline towards the end of this calendar year.
Banks, which have recently raised their term deposit interest rates, include Bank of Baroda (BOB), State Bank of India (SBI), DCB Bank, HDFC Bank, ICICI Bank, and Axis Bank.