Which bank is best for FD rates?
Best 5 Year FD Interest Rates
| Name of Bank | For General Citizens (p.a.) | For Senior Citizens (p.a) |
|---|---|---|
| Union Bank of India | 5.40% | 5.90% |
| Canara Bank | 5.25% | 5.75% |
| Axis Bank | 5.40% | 6.05% |
| State Bank of India | 5.30% | 5.80% |
Is Bank Rakyat covered by PIDM?
Bank Rakyat offers the best rate for most FD products this month (I, 3, 6, and 9-month tenure). However, do take note that Bank Rakyat’s FD products are not protected by PIDM.
Which bank is best for FD for 6 months?
List of banks with the best FD rates for amount below Rs 1 Cr across different tenures
| Bank | 6 months – 1 year | > 5 years |
|---|---|---|
| IDFC Bank | 4.50% – 5.25% | 5.75% |
| DCB Bank | 5.95% | 6.75% |
| Axis Bank | 4.4% – 5.15% | 5.50% |
| HDFC Bank | 4.40% | 5.50% |
Which bank is best for FD for 1 year?
FD Interest Rates with a 1-year Tenure
| Top 10 1-year FDs for 2021 | ||
|---|---|---|
| Bank | Regular FD Rates (per annum) | Senior Citizen FD Rates (per annum) |
| Fincare Small Finance Bank | 6.00% | 6.50% |
| Punjab and Sind Bank | 5.15% | 5.65% |
| Repco Bank | 6.25% | 6.75% |
Which bank has the highest interest rate for fixed deposit in South Africa?
Nedbank
Which bank has the best interest rates in South Africa? Nedbank has the best-fixed deposit rate for 2021 offering a 10.60% interest rate, followed by Standard Bank with 10.55% with African Bank coming in third with a 10.50% effective interest rate for 60 months investment.
Is Bank Rakyat under bank Negara?
Bank Rakyat became a full-fledged Islamic cooperative bank in 2002. On 15 February 2002, Bank Rakyat together with six other financial and development institutions were placed directly under the supervision of Bank Negara Malaysia (Central Bank of Malaysia) under the Development of Financial Institution Act (DFIA).