FD Rates offered for a 4-year tenure

1. The best FD interest rate for a four-year tenure is offered by Sriram City Union Finance, which pays an attractive interest rate of 7.86% p.a. to general citizens.
2. For senior citizens investing in Sriram City Union Finance, the interest rate is highly lucrative, at 8.36% p.a.
3. Most banks and financial institutions offer interest in the range of 5.75% p.a. to 7.86% p.a. when it comes to four-year term deposits for general citizens.

Top 10 term deposits for 4 years

KTDFC

1. KTDFC pays an interest of 6.75% p.a. to the general citizens for a FD opened for four years.

1. Senior citizens are offered an interest rate of 7.00% p.a.

1. The NBFC offers monthly and quarterly schemes

1. Tax Deducted at Source (TDS) is applicable on the FD schemes offered by KTDFC

Shriram City Union Finance

1. For investing in the four-year tenure, general citizens are offered an interest rate of 7.95% p.a.

1. Cumulative and non-cumulative deposit schemes are provided

1. The minimum deposit amount is Rs.5,000

Nainital Bank

1. For an investment period of four years, Nainital Bank offers an interest of 5.75% p.a. to general citizens

1. 6.25% p.a. is provided to those who fall in the senior citizen age bracket.

1. In case of premature withdrawal, the interest rate offered is 1% less than the regular rate

1. Nomination and joint account facility provided by the bank
   

IDFC

1. IDFC pays an interest of 7.00% p.a. for the four-year tenure to general citizens

1. Senior citizens are provided 7.50% p.a.

1. Compound interest is calculated, and the interest is re-invested each quarter

1. The bank provides the option of monthly interest payout

Canara Bank

1. Canara Bank offers an interest rate of 6.80% p.a. for a period of four years

1. Senior citizens are offered an interest rate of 7.30% p.a.

1. Premature withdrawal facility is available

1. A penalty of 1% will be applicable on premature withdrawal of deposits below Rs.2 crore

LVB

1. LVB pays an interest rate of 6.50% p.a. to general citizens

1. Those who fall in the above 60 years age bracket are provided 7.00% p.a.

1. Pre-closure charges are applicable

1. In case of investments above Rs.1 crore, premature withdrawal charges are not applicable

ESAF Small Finance Bank

1. ESAF Small Finance Bank offer an interest rate of 5.75% p.a. to the general public

1. Senior citizens will get an interest rate of 6.25% p.a.

1. Nomination facility and joint account option is available

1. A wide range of FD schemes offered

Deutsche Bank

1. Customers, both the regular public and senior citizens, can avail up to 7.00% p.a. for a FD having a four-year tenure

1. Up to 95% of the FD amount can be taken as a loan/overdraft

1. Online booking option available

Janata Sahakari Bank Ltd

1. Janata Bank offers a wide range of FD options

1. The interest rate is 6.25% p.a. for the general public and 6.75% p.a. for senior citizens for the four-year tenure

1. Special FD schemes available for different tenure ranges

1. TDS applicable

Punjab and Sind Bank

1. The rate of interest paid on Punjab and Sind Bank FDs for a four-year tenure is 6.25% p.a.

1. Individuals who fall in the senior citizen bracket can earn an interest rate of 6.75% p.a.

*Please note that all interest rates for senior citizens will be higher. As per the discretion of the bank, a certain higher percentage of interest will be provided for senior citizens.

* All interest rates may be subject to change