Best FD Rates in India for Dec-2018

Best FD Rates in India for December 2018Best FD Rates in India  for Dec-2018


Trend of Bank Fixed Deposit Rates in India show increase in interest rates in the last few months. Many private sector banks have started increasing bank fixed deposit rates in India in Nov-2018. If you are a conservative investor, you can invest your money in bank fixed deposits. If you want to park money for short term to pay e.g. a down payment for a home or for a car, than bank FDs are the best option. Which are the best FD rates in India in Dec-2018? Which are the best FD interest rates in India to park your money for 1 year, 2 years or 5 years?

Also Read: Best Mutual Funds in India for 2019

Positive Movers in Best Fixed Deposit Rates in India


1) Foreign banks: Foreign banks have not increased any of the FD rates in the last 1 month.

2) Private Banks: DCB, KVB, Federal Bank,  HDFC Bank, Lakshmivilas bank, Yes Bank, Axis Bank, ICICI Bank and Karnataka bank have increased from 1 year to 5 years tenure.

3) Public Sector Banks: Bank of Baroda, Canara Bank and Bank of India have increased 1 to 2 years FD rates.

Negative Movers in Best Fixed Deposit Rates in India


1) Foreign banks: They are no changes in the FD rates in the last 1 month.

2) Private Banks: ICICI Bank has reduced FD rates for 2 years tenure.

3) Public Sector Banks: Bank of India and Dena Bank has reduced 1 year FD rates.

Best FD Rates in India  – Dec-2018


Let us check which bank is offering best Fixed Deposit interest rates in India now in Dec-2018.

Top 10 Best FD Rates in India for 1 year


Here are the top 10 FD interest rates to invest for one year time frame.

 

Top 10 Best FD Rates in India for 2 years


Here are the top 10 Fixed deposit interest rates to invest for a two year time frame.

Top 10 Best FD Rates in India for 2 year

Top 10 Best FD Rates in India for 3 years


Here are the top 10 FD interest rates to invest for three year time frame.

 Top 10 Best FD Rates in India for 3 year

Top 10 Best FD Rates in India for 4 years


Here are the top 10 FD interest rates to invest for four year time frame.

 Top 10 Best FD Rates in India for 4 year

Top 10 Best FD Rates in India for 5 years


Here are the top 10 FD interest rates to invest for five year time frame.

Top 10 Best FD Rates in India for 5 year

Comparison of current and latest bank FD interest rates among various banks in India.


The comparison list would help investors to choose the right bank for fixed deposits. Green indicates that the rates have been increased compared to our previous article and RED indicates that the rates are reduced compared to our previous article. Since all the banks have reduced FD interest rates, I have not marked them in red this time. Myinvestmentideas.com is the only website in India, which tracks FD rates regularly and provides whether a particular bank has increased the FD rate or slashed the FD rates. This is a unique feature of our blog.

Best FD Rates in India - Dec-2018

If you enjoyed this article, share it with your friends and colleagues through Facebook and Twitter who might be benefiting from such investments.

Suresh

Best FD Rates in India  – Dec-2018

10 comments

Leave a Reply

Your email address will not be published. Required fields are marked *