Synopsis: Fixed Deposits (FDs) remain a preferred safe investment option for millions of Indians. Several banks are offering high interest rates on 2-year FDs, with DCB Bank currently providing the highest rates for both general and senior citizen customers. Here are the top 10 banks offering the best returns.
Top 10 Banks Offering the Highest Interest Rates on 2-Year Fixed Deposits
Fixed deposits continue to be a popular choice for safe and stable returns. For investors looking to lock their savings for 2 years, several banks are offering attractive interest rates.
Below is the list of banks offering the highest FD rates for both general and senior citizen customers.
Banks Offering the Best FD Rates (2-Year Tenure)
| Bank Name | General Rate | Senior Citizen Rate |
|---|---|---|
| DCB Bank | 8.00% | 8.50% |
| Yes Bank | 7.75% | 8.25% |
| IndusInd Bank | 7.50% | 8.00% |
| Deutsche Bank | 7.50% | 7.50% |
| Bandhan Bank | 7.25% | 7.75% |
| IDFC First Bank | 7.25% | 7.75% |
| Federal Bank | 7.25% | 7.75% |
| Kotak Mahindra Bank | 7.20% | 7.70% |
| Jammu & Kashmir Bank | 7.10% | 7.60% |
| ICICI Bank | 7.10% | 7.60% |
What Should Investors Consider?
- Look for banks offering 7.5% to 8.5% for better short-term FD returns.
- Senior citizens should compare additional benefits across banks.
- Check penalty terms for premature withdrawal.
- Ensure the FD is placed with a reliable and well-rated bank.
📌 Key Takeaway
Banks like DCB Bank, Yes Bank, and IndusInd Bank are offering some of the highest interest rates on 2-year fixed deposits. Investors—especially senior citizens—can earn significantly better returns by choosing the right bank and FD plan.
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