Which bank offers the highest interest rate for fixed deposit?



Interested to find out which bank offers the highest interest rate for fixed deposit. Also would like to know if there is any website like bankrate.com which provides this information online.

Which bank offers the highest interest rate for fixed deposit?
Rate these answers

5 Replies to “Which bank offers the highest interest rate for fixed deposit?”



  1. There is no direct answer to your question as it depends on how much you are investing, whats your investment time horizon and whether you are a senior citizen or not. Different banks have different rates based on above parameters. Bank A may have higher rate for 1000 for 3 months where as Bank B may have higher rate for 1000 for 1 year. Assuming you are looking for interest rates from India, to get answer based on your investment, visit any of following sites and you should be able to find the best rate:

    http://www.rupeetimes.com/compare/fixed_deposits/
    http://wealth.moneycontrol.com/investfixed/
    http://www.paisawaisa.com/banking/fixed-deposit.aspx



  2. Interest rate changes with the time frame for which you invest and the amount you invest. You should have mentioned both these things in your question.





Leave a Reply

Your email address will not be published. Required fields are marked *