Money won’t grow in your mattress.
It will grow in a Fixed Deposit!
Money won’t grow in your mattress.
It will grow in a Fixed Deposit!
  •  Loading your search... Loading your search...
  • Fixed Deposit BYTES FROM OUR KITCHEN

    Best FD Rates For 2 Years

    Attractive interest rates can be earned on 2-year fixed deposits and many banks offer term deposits with this tenure option. 

     Here are 10 of the highest interest yielding fixed deposit schemes with a 2-year tenure:

    1. Suryoday Small Finance Bank Ltd

    Suryoday Small Finance Bank Ltd offers a wide range of fixed deposit options. The rate of interest on fixed deposits for 2 years is 8.75%.

    Interest rate Amount of investment Tenure
    8.75% Less than Rs.1 crore 2 year

    2. Kerala Transport Development Finance Corporation (KTDFC)

    KTDFC is an undertaking by the government of Kerala. They offer a good interest rate of 8.25% on fixed deposits for a tenure of 2 years. These term deposits have received a guarantee from the government of Kerala.

    Interest rate Amount of investment Tenure
    8.25% Minimum investment of Rs.10,000 2 year

    3. Shriram City Union Finance Co. Ltd.

    Shriram City Union Finance Co. Ltd. is a well reputed Non-Banking Financial Company (NBFC) that offers various financial products. Their cumulative fixed deposit account is available at an interest rate of 8.16%.

    Interest rate Amount of investment Tenure
    8.16% Up to Rs.25 lakh 2 year

    4. Mahindra Finance

    The cumulative Samruddhi Fixed Deposit scheme is compounded annually and offers a competitive interest rate of 7.5% for term deposits with a tenure of 2 years.

    Interest rate Amount of investment Tenure
    7.5% Up to Rs.1 crore 2 year

    5. Gruh Finance limited

    An interest rate of 7.25% is offered by Gruh Finance limited for fixed deposits with a 2-year tenure. All senior citizens will be eligible for an additional 0.25% interest. This is a cumulative fixed deposit account where the interest is compounded on an annual basis and paid when the deposit matures.

    Interest rate Amount of investment Tenure
    7.25% Minimum investment of Rs.1,000 2 year

    6. Bandhan Bank

    An interest rate of 7.25% will be given on all fixed deposits that are less than Rs.1 crore. Senior citizens can avail an additional 0.50% interest.

    Interest rate Amount of investment Tenure
    7.25% Up to Rs.1 crore 2 year

    7. Repco Bank

    On fixed deposit accounts with a  2-year tenure, Repco Bank offers an interest rate of 7.25%. The interest is compounded quarterly and paid upon maturity. Loans can be availed on this term deposit.

    Interest rate Amount of investment Tenure
    7.25% As mentioned by the bank 2  year

    8. ICICI Home Finance

    ICICI Home Finance offers an interest rate of 7.1% for fixed deposits with a 2-year tenure. ICICI Home Finance has a good credit rating and is a reliable investment.

    Interest rate Amount of investment Tenure
    7.1% As decided by the bank in coordination with the customer 2 years

    9. Yes Bank

    Yes Bank offers an attractive rate of 7.10% on fixed deposits for a tenure of 2 years. They offer tax saver deposits and other range of term deposits as well.

    Interest rate Amount of investment Tenure
    7.1% Less than Rs.1 crore 2 year

    10. Lakshmi Vilas Bank

    Lakshmi Vilas Bank offers an interest rate of 7% on fixed deposits for a tenure of 2 years. Loans can be availed on fixed deposit.

    Interest rate Amount of investment Tenure
    7% As decided by the bank in coordination with the customer 2 year

    *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

     

  • reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.