Top Five Fixed Deposit Schemes in India
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.
Last Updated on : June 13, 2015
Bank Name | Interest Rate(%) Compounded Qtrly | What Rs. 10,000 will grow to |
---|---|---|
Tenure 1 Year: | ||
Allahabad Bank | 8.25% | 10851 |
Union Bank | 8.55% | 10873 |
Karnataka Bank | 8.60% | 10895 |
Karur Vysya Bank | 8.50% | 10877 |
Tamilnad Mercantile Bank | 8.80% | 10909 |
Tenure 2 Year: | ||
Bank of Baroda | 8.25% | 11774 |
Union Bank | 8.50% | 11811 |
Karur Vysya Bank | 8.50% | 11832 |
Indian Bank | 8.50% | 11832 |
Karnataka Bank | 8.60% | 11869 |
Tenure 3 Years: | ||
Union Bank | 8.50% | 12837 |
Karnataka Bank | 8.50% | 12893 |
Karur Vysya Bank | 8.75% | 12965 |
Bank of India | 8.50% | 12870 |
Tamilnad Mercantile Bank | 8.85% | 13003 |
Tenure 5 Year: | ||
Union Bank | 8.50% | 15162 |
Karur Vysya Bank | 8.75% | 15415 |
Karnataka Bank | 8.50% | 15273 |
Bank of Baroda | 8.00% | 14859 |
Canara Bank | 8.25% | 14864 |
Last Updated on : June 13, 2015