Check which bank offers interest rates of 4.00 percent to 9.01 percent for general citizens, and 4.50 percent to 9.25 percent to senior citizens for deposits less than Rs 2 crore.
Fixed deposits have once again become attractive investment areas due to the rising interest rates. The Reserve Bank of India (RBI) has increased the repo rate by 250 basis points (bps) since May 2022. Banks have also hiked the interest rates on fixed deposits in a bid to lure investors. aaa