FD Rates Comparison: The Reserve Bank of India (RBI) has kept the repo rate unchanged at 5.5 per cent in the October MPC meet. This means that FD interest rates won’t be tweaked north or south much, leading to the status quo for customers.

Fixed Deposit is a safe instrument that allows investors to deposit their money in banks and earn a fixed return until the maturity of the deposit. Several banks offer different interest rates on the deposits depending on the maturity period.

FD interest rates generally range between 3% and 8%, depending on the tenure of the deposit. Senior citizens often benefit from an extra 0.5% interest rate, making FDs even more appealing for retirement savings.

Before investing, it’s essential to compare interest rates across different banks to maximise your re

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