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Higher interest rates than Sukanya Samriddhi Yojana? These six banks offer best interest rates What should you do?

Some banks offer higher interest rates on Fixed Deposits (FDs) compared to Sukanya Samriddhi Yojana (SSY), making FDs more appealing for investors seeking fixed returns

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This bank offers 9% return on fixed deposits (FDs) Full details of interest rates

Fixed Deposits (FDs) in India offer guaranteed returns, higher interest rates than savings accounts, and tax benefits. Small finance banks provide rates ranging from 4.5% to 9% for regular consumers and up to 9.5% for senior citizens

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Best bank FD interest rates: SBI, HDFC Bank, ICICI Bank, Axis Bank, or Canara Bank Latest fixed deposit rates here

Bank FD rates compared: What do SBI, HDFC Bank, ICICI, Axis, or Canara Bank offer, read below to know more

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Fixed deposit interest rate: In revised FD regime, these banks give up to 9% return Check details here

Fixed deposit interest rate: Kotak Mahindra, DCB, Bank of Baroda, and Federal Bank are among the six banks that have hiked FD rates in May 2023

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Best bank FD rate: This bank offers 9% on fixed deposits Latest FD rates here

As compared to commercial banks, small finance banks offer higher interest rates on term deposits or FDs.

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