Webinar :Register now for webinar on 'Trade BankNifty in just 15 minutes a day' - By Asmita Patel
Last Updated : Aug 02, 2020 10:55 AM IST | Source: Moneycontrol.com

10 tax-saving fixed deposits that offer the best interest rates

As many as 10 private banks offer tax-saving FDs with rates of 6 percent or more. AU Small Finance Bank tops the chart with 7 percent interest, followed by private banks such as DCB Bank, IDFC First Bank, IndusInd Bank, Yes Bank and RBL Bank, according to data compiled by BankBazaar. Check latest FD rates from these banks here:

AU Small Finance Bank offers Annual rate of interest of 7 percent. Rs 1.5 lakh grows to Rs 212,217 in 5 years

AU Small Finance Bank offers Annual rate of interest of 7 percent. Rs 1.5 lakh grows to Rs 212,217 in 5 years

DCB Bank offers Annual interest rate of 6.95%. Rs 1.5 lakh

DCB Bank offers Annual interest rate of 6.95 percent. Rs 1.5 lakh grows to Rs 211,696 in 5 years

IDFC First Bank offers Annual rate of interest of 6.75%.

IDFC First Bank offers Annual rate of interest of 6.75 percent. Rs 1.5 lakh grows to Rs 209,625 in 5 years

IndusInd Bank offers Annual rate of interest of 6.25 percent.

IndusInd Bank offers Annual rate of interest of 6.25 percent. Rs 1.5 lakh grows to Rs 211,696 in 5 years

RBL Bank offers Annual rate of interest of 6,75%

RBL Bank offers Annual rate of interest of 6.75 percent. Rs 1.5 lakh grows to Rs 211,696 in 5 years

YES Bank offers Annual rate of interest of 6.75 percent. Rs 1.5 lakh grows to Rs 211,696 in 5 years

YES Bank offers Annual rate of interest of 6.75 percent. Rs 1.5 lakh grows to Rs 211,696 in 5 years

Deutsche Bank offers Annual interest rate of 6.25 percent.

Deutsche Bank offers Annual interest rate of 6.25 percent. Rs 1.5 lakh grows to Rs 204,531 in 5 years

Ujjivan Small Finance Bank offers Annual rate of interest of 6.25 percent.

Ujjivan Small Finance Bank offers Annual rate of interest of 6.25 percent. Rs 1.5 lakh grows to Rs 204,531 in 5 years

Bandhan Bank

Bandhan Bank offers Annual rate of interest of 6 percent. Rs 1.5 lakh grows to Rs 202,028 in 5 years

Karur Vysya Bank offers Annual interest rate of 6 percent.

Karur Vysya Bank offers Annual interest rate of 6 percent. Rs 1.5 lakh grows to Rs 202,028 in 5 years

First Published on Aug 2, 2020 10:55 am
Sections