Which bank is best for FD in 2020?

Which bank is best for FD in 2020?

Best Fixed Deposit Rates of Top Banks for Below Rs. 2 Crores

Banks General Citizens FD Rates Senior Citizens FD Rates
HDFC Bank FD 2.50% – 5.50% 3.00% – 6.25%
IDFC Bank FD 2.50% – 5.25% 3.00% – 5.75%
Punjab and Sind Bank FD 3.00% – 5.30% 3.50% – 5.80%
Punjab National Bank FD 2.90% – 5.25% 3.50% – 5.75%

Which bank is best for FD investment?

List of 10 best FD schemes for 3 years

  1. Fincare Small Finance Bank. Fincare offers attractive rates of interest on the 3-year tenure.
  2. KTDFC. A lucrative rate of 6.00% p.a. is paid for term deposits opened for a period of 3 years.
  3. Shriram City.
  4. Mahindra Finance.
  5. Sundaram Finance.
  6. LVB.
  7. Equitas Small Finance Bank.
  8. Yes Bank.

What is E fixed deposit Hong Leong Bank?

Manage your e-fixed deposits with Hong Leong Connect Choice of terms from 1 – 12 months. Receive interest at maturity. Option for auto renewal. Flexibility to make early-partial withdrawals from your FD and still earn FD interest on remaining balance (Partial withdrawal must be in multiples of RM1,000).

Which bank is best for FD for senior citizens?

Higher interest rate for senior citizens

  • Year. Qly Compound Return. RBL Bank. 6.75. 10692.28. Bandhan Bank. 6.50. 10666.02. DCB Bank. 6.50. 10666.02. IDFC First Bank. 6.50. 10666.02. Indusind Bank.
  • Year. Qly Compound Return. Bandhan Bank. 7.00. 11488.82. DCB Bank. 7.00. 11488.82. Indusind Bank. 7.00. 11488.82. RBL Bank. 7.00. 11488.82.
  • Year.

Which bank FD rate is high in 2022?

Best FD Rates in India 2022

Banks Offering FD Interest Rate Tenure
SBI 2.90% – 5.50% 7 days-10 years
HDFC Bank 2.50% – 5.60% 33-99 months
ICICI Bank 2.50% – 5.50% 7 days -10 years
AXIS Bank 2.50% – 5.75% 7 days-10 years

Which bank FD rate is high 2021 in Malaysia?

The highest interest rate recorded in this month’s round-up is 2.45% (Bank Rakyat; 12-month FD), whereas the lowest stood at 1.65% (Standard Chartered Saadiq; 1-month FD)….Monthly Update.

Bank Name Maybank
Product Name Maybank eFixed Deposit
Minimum Deposit RM1,000
Interest/Profit Rate 1.75%
Profit on RM10,000 RM14.58

What is the FD interest rate for senior citizens?

Top Bank Senior Citizen FD Rates

Senior Citizen Best FD Rates 2021
Fixed Deposits with Bank Less than 1 year More than 5 years
SBI 2.90% p.a. to 4.90% p.a. 5.40% p.a.
HDFC Bank 3.00% p.a. to 4.90% p.a. 6.25% p.a.
Canara Bank 2.95% p.a.to 4.95% p.a. 6.00% p.a.

Which bank FD rate is high 2022 in Malaysia?

Fixed Deposit Rate in Malaysia 2022

Fixed Deposits FD Rates Minimum Deposit
Bank Muamalat 1.80% – 2.50% p.a. RM1,000
HSBC 1.40% – 2.70% p.a. RM1,000
MBSB 1.85% – 2.45% p.a. RM500
Al Rajhi Bank 1.70% – 2.36% p.a. RM500

What is the best FD rate in Malaysia?

Best Fixed Deposit Promos Malaysia 2022

Bank & Promotion Interest Rate Tenure
Hong Leong Bank eFixed Deposit/eFixed Deposit-i Up to 3.10% p.a. Up to 24 months
Hong Leong Bank Step Up Fixed Deposit Promotion Up to 3.20% p.a. Up to 12 months
Hong Leong Bank New-to-eFixed Deposit/eFixed Deposit-i 2.60% p.a. 6 months

Which bank gives the highest FD rate of interest 2021?

Best FD Rates in India among Top 10 Banks

  • IDFC First Bank offers the highest FD interest rate of 6.25% p.a. which is for a tenure of 5 years and above for the general public.
  • The second highest interest rate is 5.75% p.a. which is offered by Axis Bank and HDFC Bank for a tenure of 5 years and above.

What is the tenure of Hong Leong fixed deposit?

Fixed Deposit. Hong Leong Fixed Deposit ( wef 10/07/2020) Tenure. Interest Rate (p.a.) 1 month. 1.50%. 2 months. 1.50%. 3 months.

How do I withdraw from Hong Leong Bank (HLB)?

You can withdraw from any branch nationwide. If you are a Hong Leong Connect users, you will also be able to withdraw your Receipt-less Fixed Deposit online by transferring the amount to your HLB Savings / Current account. Minimum deposit of RM5,000 for 1 month placement and RM500 for 2 months and above.

What is the rate of interest on FD uplift?

b. Interest is payable for FD uplifted after the completion of three (3) months and will be at half (1/2) the original contracted interest rate for each completed month. No interest shall be payable on partially withdrawn amounts and premature withdrawals of FD.

  • October 6, 2022