Foreign banks FDs : High interest rates in India

Some foreign banks offer better interest rates than some of the leading banks in India.

Foreign banks are offering higher interest rates as compared to HDFC Bank, ICICI Bank, Kotak Mahindra Bank, SBI, Bank of Baroda and other banks

The amount deposited in FD gets returns at regular intervals and at a fixed rate of interest.

Deutsche Bank is paying 7.25 percent interest on Fixed deposits

Citibank is giving 6.75% interest on Fixed Deposit. For this the investment period should be 181-400 days.

SBM Bank is offering 6.60 percent interest rate on Fixed Deposit. For this the investment period should be 18 moths to 5 years.

DBS Bank and HSBC Bank are offering 6.50 percent interest rate on Fixed Deposit

Standard Chartered is offering an interest rate of 6.25 percent on Fixed deposits

Savings Accounts: these banks are giving interest as much as FD

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