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Bumper Returns on 1-Year FDs: How Much Interest on ₹10,000 Across Banks?
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News18•21-09-2026, 13:09
Bumper Returns on 1-Year FDs: How Much Interest on ₹10,000 Across Banks?
- •Fixed Deposits (FDs) are an excellent alternative for risk-averse investors, offering secure investments and fixed returns.
- •Bandhan Bank and RBL Bank offer 7% interest on one-year FDs.
- •IndusInd Bank provides 6.9% interest, while Jammu & Kashmir Bank offers 6.8% on one-year FDs.
- •City Union Bank offers 6.7% interest on one-year FDs.
- •A ₹10,000 deposit in Bandhan Bank for one year could yield approximately ₹10,719 at maturity.
Key Questions Answered
If you deposit ₹10,000 in a one-year fixed deposit at Bandhan Bank, which offers a 7 percent interest rate, the maturity amount could become approximately ₹10,719 after one year.
Bandhan Bank and RBL Bank both offer a 7 percent interest rate on one-year FDs to eligible customers. Meanwhile, City Union Bank offers a 6.7 percent interest rate on one-year fixed deposits.
Bank FDs offer a relatively safe investment with fixed returns, loan facilities, additional interest rates for senior citizens, and tax exemptions in specific cases.
