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The Times of India
The Times of India
Business
Sunainaa Chadha | TIMESOFINDIA.COM

Fixed Deposit rates at 7.5%: Who is offering the best FD rate right now?

FD Bank of India RBI Adhil Shetty Interest Rates India

After a 225 basis points repo rate hike by the Reserve Bank of India (RBI) in the last seven months, banks have started passing on the benefits of the rate hike to fixed deposit holders.

Fixed deposit is a safe investment option that guarantees consistent interest rates, special interest rates for senior citizens, various interest payment options, and no market-related risks, with income tax deductions.

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