December 21, 2008, Ratekhoj.com. City Union Bank, a private sector bank in India, is now offering the highest interest rate for fixed deposits among all the banks in India for non-senior citizens. City Union Bank is offering the highest fixed deposit rate of 11.30% for non-senior citizens. This fixed deposit rate is being offered for a term of 1000 days (just over 3 years) for fixed deposit amounts of upto Rs. 1 crore. DBS Bank (for a period of 1-2 years) and Development Credit Bank (for a period of 1 year) are offering the second best fixed deposit rate of 11.25%.

For senior citizens, DBS Bank is offering the highest fixed deposit rate of 11.75% for a term of 1 to 2 years along with Development Credit Bank which is offering the same rate for a term of 1 year. City Union Bank of offering the second highest interest rate of 11.60% for a term of 1000 days. IndusInd Bank, Karur Vysya Bank, Lakshmi Vilas Bank, Karnataka Bank and Tamilnad Mercantile Bank are all offering fixed deposit products with an interest rate of 11.50% for terms ranging between 200 days and 5 years duration.

Comments

3 Responses to “Highest fixed deposit rates in India offered by City Union Bank”

1. Vijay Raj on January 8th, 2009 12:56 pm

   Export-Import Bank of India is offering 10% to
   all and 10.50% to sr.citizens.
   2)NABARD is offering 10% and sr.citizens is
   offering 10.50%.
   3)SMALL INDUSTRIES BANK OF INDIA IS OFFERING
   9.5% FOR OTHERS AND 10% FOR SR.CITIZENS.
   4)IDBI Bank is offering 9.5% for others
   and 10% for sr.citizens for 1100 days.

   All these are Govt. of India Banks.

2. Vijay Raj on January 8th, 2009 1:00 pm

   all above

3. sudip bhattacharyya on February 17th, 2009 10:35 am

   This is very very good site. i want to know this time indian bank fixed deposite rates and bank name. Thank,s

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