Best Ever FD Rates! THESE Banks Are Offering Interest Rate For General Customers On 555-Day Tenure

Best Ever FD Rate: A number of banks are offering high interest rates on fixed deposits not only for senior citizens but also for general customers. Special 555-day fixed deposits have become one of the most favourable options for conventional investors who want to earn a steady return while keeping their money safe.

Several banks are offering higher interest rates on this tenure than on many regular deposits, making it relevant for investors and getting them compared medium-term FD choices.

Bank With Best FD Rates In 555-Tenure

Most of the banks are offering high interest rates in this tenure category. The 555 days-FD tenure interest can go as high as 7.5% per annum. Here is a list of best FD interest rates in 555-day tenure by Paisabazaar.com.

City Union Bank

City Union Bank is offering one of the highest rates among the listed banks for the 555-day tenure. General City Union Bank customers can earn around 7.25% per annum. Senior citizens can earn around 7.5% per annum on the same deposit period.

Karnataka Bank

Karnataka Bank is offering around 7% per annum to general customers on its 555-day fixed deposit. Senior citizens can get around higher rate of 7.4% per annum.

Indian Bank

Indian Bank is also offering around 6.8% per annum to general customers and 7.3% per annum of interest rate on 555-day FD tenure.

Bank of Baroda's Golden Goal Deposit Scheme

One of the most popular schemes in the segment is Bank of Baroda's Golden Goal Deposit Scheme. It is a retail deposit with a 555-day tenure. The scheme is applicable to retail deposits below Rs 3 crore. It is available under callable and non-callable options, with different interest rates depending on customer category.

Under the callable option, general customers, including NRO and NRE depositors, can earn 6.75% per annum. Senior citizens are offered 7.25% per annum, while super senior citizens can earn 7.35% per annum. Callable deposits usually allow premature withdrawal, subject to the bank's applicable terms and penalty rules.

The non-callable option carries slightly higher rates. General customers can earn 6.80% per annum, senior citizens can get 7.30% per annum, and super senior citizens are eligible for 7.40% per annum. Non-callable deposits generally do not allow premature withdrawal, except in limited cases permitted by the bank.

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