Planning to invest in risk free deposits? Check out the interest rates on FDs

If you are planning to invest your money, you may vouch for fixed deposits (FDs) and avail the maximum interest. Of course, individuals often consider FDs as one of the safest investment schemes that gives assured and fixed returns. It however becomes difficult to choose among the fiscal institutions that may give the highest and uniform returns.

For the same tenure, different banks offer different rates. It may be noted that banks offer a slightly higher interest rate on FDs to senior citizens. Since FDs are risk-averse, conservative investors choose to invest in them in order to achieve their financial goals.

Here is a list of top 10 banks fixed deposits interest rates in India.