Top 5 Bank Fixed Deposits: Check best FDs for 1, 2, 3 and 5-year time period – here’s how much Rs 10,000 will grow to – The Times of India

Top Bank Fixed Deposits: Bank Fixed Deposits (FDs) continue to be a favoured investment option for risk-averse investors looking for consistent returns. The present elevated interest rates offer a favourable investment window, particularly with RBI’s recent repo rate cut set to trigger revision in interest rates. Investors need to thoroughly evaluate interest rates and conditions across various banks to select the most suitable FD.
RBI governor Sanjay Malhotra in his maidan Monetary Policy Committee (MPC) review announced a 25 basis points rate cut. Experts are of the view that another repo rate cut is likely in the April 2025 review.
The expected changes in interest rates might result in lower FD rates in future periods. While earlier FD investments gained from rising rates, subsequent investments could generate reduced returns as interest rates decline.
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Top 5 Bank Fixed Deposits

The ET Intelligence Group has analysed and presented information on the top five bank FDs across various tenures – one, two, three, and five years. Their study includes estimated returns on a Rs 10,000 investment for these different periods.

Those with available funds or FDs approaching maturity might benefit from the current high-interest environment for reinvestment.
Fixed deposits are seen as reliable savings products provided by financial institutions and banks where money is invested for a specific period with assured returns. These investment vehicles come with specific lock-in durations, and generally, extended tenure periods attract better interest yields.
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Financial institutions provide different interest rates depending on factors such as investment value, time period and the investor’s age bracket, with enhanced rates usually available to senior citizens.