FD Interest rates | Banks offering the highest interest rates on 1-2 years

A fixed deposit (FD) allows you to invest any amount of money for a set length of time at a specified rate of interest. You receive the payment, plus interest, at the end of the term, which is a good money-saving strategy. Fixed deposit accounts come with a variety of tenures and interest rates.

Interest rates on FDs are set when you start the account, and the rate is determined by the length of time you choose to hold. Depending on your preference, the interest you earn is paid at maturity or on a recurring basis.

FD Interest rates | Banks offering the highest interest rates on 1-2 years