Investment Tips: You will get returns equal to FD on a savings account, these 3 banks are giving you the opportunity!

pc:tv9hindi

When investors want safe returns, one investment option that comes to the fore is bank fixed deposits (FDs). What makes FD unique is that the amount invested in it cannot be withdrawn before maturity without incurring a penalty. If someone makes a premature withdrawal, he may have to pay a penalty. In such a situation, people look for alternative investment options. The surprising thing is that there are banks in India which give returns equal to FD returns on savings accounts. In this story, we will discuss these banks.

These three banks are giving equal returns on FD

DCB Bank:

DCB Bank offers interest rates of up to eight per cent on savings accounts, making it the top choice among private banks in terms of interest rates. You can avail of this offer by investing between Rs 2,500 to Rs 5,000.

pc: Business Today

Ujjivan Small Finance Bank:

This bank offers competitive interest rates on savings accounts, reaching up to 7.50 per cent. It has established itself as one of the best options among small finance banks in terms of interest rates. You have the flexibility to invest as per your preferences. For more details, you can visit the bank.

pc: Gulf News

Federal Bank:

Federal Bank is offering interest rates of up to 7.15 per cent on savings accounts. While Ujjivan SF Bank offers slightly higher interest rates, Federal Bank offers an opportunity for over 7 per cent annual returns if a minimum balance of Rs 5,000 is maintained.