The article from MSN lists the top 6 banks in India offering attractive fixed deposit (FD) rates for 2024. For a 1-year tenure, these banks offer interest rates ranging from 7.25% to 8.75%. Here are the top 6 banks and their FD rates:
1. ICICI Bank: 7.25% to 7.50%
2. HDFC Bank: 7.35% to 7.60%
3. SBI: 7.40% to 7.65%
4. Axis Bank: 7.45% to 7.70%
5. Kotak Mahindra Bank: 7.50% to 7.75%
6. IDFC First Bank: 8.10% to 8.75%
These rates are subject to change and may vary depending on the depositor’s location and type of FD account. The article advises investors to check the bank’s website or visit a branch for the latest rates and terms. Fixed deposits are a popular investment option in India, offering a fixed interest rate for a fixed period, with a guaranteed return of principal amount at maturity. The article provides a comprehensive list of banks offering attractive FD rates for 2024, helping investors make an informed decision.
Source: https://www.msn.com/en-sg