Planning to invest in fixed deposits? Check 5 banks offering higher returns on 5-year FDs
Here's the list of banks offering highest interest rates on fixed deposits:
Zee Media Bureau
| May 07, 2022, 17:02 PM IST
New Delhi: Early this week, the Reserve Bank of India (RBI) increased the repo rate, in what could be good news for investors of fixed deposits (FDs). Following the move by the RBI, several public and private lenders have announced a hike in fixed deposit interest rates.
Here’s the list of 5 banks offering higher returns on fixed deposit investments:
3/6
DCB Bank
![DCB Bank DCB Bank](https://english.cdn.zeenews.com/sites/default/files/2022/05/07/1039940-untitled-design-80.jpg)
4/6
IDFC First Bank
![IDFC First Bank IDFC First Bank](https://english.cdn.zeenews.com/sites/default/files/2022/05/07/1039939-untitled-design-79.jpg)
5/6
Karur Vysya Bank
![Karur Vysya Bank Karur Vysya Bank](https://english.cdn.zeenews.com/sites/default/files/2022/05/07/1039938-untitled-design-78.jpg)
6/6
Banks that have increased FD interest rates
![Banks that have increased FD interest rates Banks that have increased FD interest rates](https://english.cdn.zeenews.com/sites/default/files/2022/05/07/1039937-untitled-design-72.jpg)