FD Interest rate: These banks are giving the highest interest on 5-year FD, take advantage of the opportunity
FD Interest rate: Everyone thinks about investing for the future. There are many investment options available in the market today. But when it comes to safe investment, everyone prefers to invest in FD i.e. Fixed Deposit (Investment in FD). If you are also going to invest in FD, then at this time many banks of the country are offering great interest on five-year FD. RBI i.e. Reserve Bank has recently cut the repo rate by 5.5 percent for the third consecutive time. This decision of RBI has brought relief to the loan holders. But along with this, the government and private banks of the country have also reduced their FD interest rates. RBI’s Monetary Policy Committee (MPC) cut the repo rate by 50 basis points on June 6. Changes in the repo rate have a direct impact on the interest rate on FD and savings account. However, even after reducing the repo rate, there are many banks in the country which are giving strong interest to investors. Today we will tell you about those banks whic...