FD Update: This bank is giving the highest interest on FDs of 400 to 500 days, check the new interest rates before investing..

The balanced portfolio includes both secured and unsecured investments, which maintains a balance of risk. Fixed deposits (FDs) are a popular option as a secure investment. The benefit of investing in FDs is maximum when interest rates are high, which gives investors better returns and ensures financial security.

So today we have brought a list of such banks for you. Where more than 7 percent interest is being given. However, the investment period in this is different.

These banks are giving more than 7% interest-

All private banks have been included in the list of banks given below. Along with this, the investment period of the bank is also going to be different.

IDFC Bank-

7.50 percent interest is being offered on investing in FD of 400 to 500 days in IDFC Bank. This return is the highest among all other tenure FDs. The figures given have been taken from the official website of the bank.

ICICI Bank-

This private bank is quite famous among the customers. ICICI Bank offers good offers on credit cards. This bank is offering 7.05 percent interest on its two-year term.

Kotak Mahindra Bank-

Both the banks mentioned above are offering more than 7 percent interest on investing for two years or more. However, in Kotak Mahindra Bank, more than 7 percent interest is available on a one-year FD. According to the information received from the bank's official website, 7.1 percent interest is being offered on a 1-year FD.

Federal Bank-
Federal Bank is also very famous among private banks. You get up to 7 percent interest on investing in it for two years. At the same time, even if you invest for three years, you will be offered a return of only 7 percent.

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