Top Five Fixed Deposit Schemes in India

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Fixed Deposit is the most secured way to make savings. Find below the top five schemes available to investors in 2015 for different tenures of investments like one year, two year, three year and five year fixed deposit schemes.

Bank NameInterest Rate(%) Compounded Qtrly What Rs. 10,000 will grow to
Tenure 1 Year:
Allahabad Bank8.25%10851
Union Bank8.55%10873
Karnataka Bank8.60%10895
Karur Vysya Bank8.50%10877
Tamilnad Mercantile Bank8.80%10909
Tenure 2 Year:
Bank of Baroda8.25%11774
Union Bank8.50%11811
Karur Vysya Bank8.50%11832
Indian Bank8.50%11832
Karnataka Bank8.60%11869
Tenure 3 Years:
Union Bank8.50%12837
Karnataka Bank8.50%12893
Karur Vysya Bank8.75%12965
Bank of India8.50%12870
Tamilnad Mercantile Bank8.85%13003
Tenure 5 Year:
Union Bank8.50%15162
Karur Vysya Bank8.75%15415
Karnataka Bank8.50%15273
Bank of Baroda8.00%14859
Canara Bank8.25%14864

Last Updated on : June 13, 2015