Sunday, August 9, 2009

Which banks give best fixed deposit rates in India?

you can check out http://www.ratekhoj.com which is a good site to compare fixed deposit rates in India.



Which banks give best fixed deposit rates in India?inflation rate





Do not get misled with the % interest... ask whether tax deduction at source is there...?



Which banks give best fixed deposit rates in India? loan



i think it depends on the amount and duration of deposit and also on whether you want the interest quarterly or annually|||Fixed deposit rates varies every day from bank to bank. You can negotiate for FD rate with the bank if your are putting good amount of money.



Always try to get a quote from different banks and then negotiate with them. This only works if amount is big (once again). Also, various factorys, that money market, money crisis, duration of your investment, will effect these factors.



I have noticed that Govt. Banks do not give very good rates in comparison to Foreign banks. Atleast, personally, with me, ICICI always beaten everyone else and finally closed the deal.|||DurationInstitutionsRate



3 monthsCitibank7.50



6 monthsDevelopment Credit Bank8.25



1 yearDBS Bank9.25



2 yearsDBS Bank9.75



3 yearsTamilnad Mercantile Bank9.50



4 yearsTamilnad Mercantile Bank



Lakshmi Vilas Bank9.50



5 yearsTamilnad Mercantile Bank



Lakshmi Vilas Bank9.50



%26gt;5 yearsTamilnad Mercantile Bank10.00

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