Best Fixed Deposit to earn interest

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Deal Cadet
Ramushamu23

which is the best bank currently to give good interest rate and how much?

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lenden club

Finance Ninja Finance Ninja
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INDMoney FD Saver Fund- 7.2%- 7.65% on Specific Dates (Offer) Otherwise 6-6.5%!

It is backed by SBM Bank Regulated by RBI.

Brand Enthusiast Brand Enthusiast
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how to add beneficiary account in indmoney to transfer interest from FD? If add any bank account it is asking permission to track that account, which i dont want to be tracked by app. Anyway?

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Deal Cadet Deal Cadet
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how to save tax on savings account interest ? IDFC 6% above 10L. what will be the taxes for interest ?

Deal Cadet Deal Cadet
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Rs 10k non taxable, anything above taxed as per tax slab

Hunk Hunk
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Ujjivan small finance gives 6.5% for one year fixed deposit.

Deal Cadet Deal Cadet
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SHRIRAM TRANSPORT provides 7.03% ROI for a year FD

Benevolent Benevolent
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bandhan bank providing 6.25% for 2yr fd now it’ll increase soon after another rbi hike

Tech Guru Tech Guru
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@ Jarvis.-. Bandhan bank had increased FD rates recently. But similar to others they have increased only short term rates. Whereas the best rates remain the same even after repo hikes.
Same strategy has been taken by most banks (HDFC/Axis etc..)

Indusind has 6.5% FD interest rates (7% for seniors), however they too haven’t hiked their rates yet after the recent repo rates change. 

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