Fixed deposit rates: These banks offer up to 7.25% interest on 2-year deposits

Fixed deposit rates: Here are the top 10 banks by term deposit holdings considered for Fixed deposits with a tenure of two years

Published on: Jan 29, 2024, 16:50:53 IST

By HT News Desk

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Fixed deposits promise ample liquidity and can be extremely useful while making and emergency corpus. Here are the top 10 banks by term deposit holdings considered for Fixed deposits with a tenure of two years:

Here are the top 10 banks by term deposit holdings considered for FDs with a tenure of two years. (Bloomberg File Photo)

Read more: Rules for online money transfer from one bank to another changed: Details

Bank of India offers interest rates of up to 7.25 per cent on two-year Fixed deposits. This bank offers the best interest rates.
Axis Bank and ICICI Bank offer interest rates of up to 7.10 per cent on two-year Fixed deposits. Among private sector banks, these bank offers the best interest rates.
HDFC Bank and State Bank of India (SBI) offer interest rates of up to 7 percent on two-year Fixed deposits.
Canara Bank and Bank of Baroda offer interest rates of up to 6.85 per cent on two-year Fixed deposits.
Punjab National Bank offers interest rate offers interest rate of up to 6.80 per cent on two-year FDs.
Indian Bank and Union Bank of India offer interest rates of up to 6.50 per cent on two-year FDs.
The Deposit Insurance and Credit Guarantee Corporation (DICGC) guarantees investments in fixed deposits of up to ₹5 lakh. It is a subsidiary of the RBI.

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HT News Desk
Follow the latest breaking news, major developments and agenda-setting stories from India and around the world with the newsdesk at Hindustan Times. Operating round the clock, the desk brings together experienced editors, reporters and correspondents to deliver fast, accurate and contextual reporting across subjects that influence public policy, governance, business, society and international affairs. The HT News Desk covers politics, elections, government policies, the economy, business and markets, science and technology, the environment, law and order, infrastructure, education, climate issues and geopolitics, while closely tracking developments across states, institutions and global capitals. The team also leads coverage of major breaking news events, policy announcements, court proceedings, natural disasters, public emergencies and significant international developments. Reports published by the newsdesk are based on information gathered from reporters on the ground, official statements, government agencies, court records, regulatory filings, recognised institutions and other authoritative sources. Stories undergo editorial scrutiny and verification processes to ensure accuracy, fairness and relevance, and are updated as events evolve and additional information becomes available. Whether covering a key political decision in New Delhi, an economic policy shift affecting millions, a landmark court ruling or a major global event, the HT News Desk aims to provide readers with reliable, fact-based journalism that delivers not only the latest developments but also the context and analysis needed to understand their wider implications.Read More

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