This month, do this work related to FD, if it is not harmed, RBI can do a big game

Admin — Sat, 17 May 2025 15:31:50 +0000

The Reserve Bank of India (RBI) has cut the repo rate twice in February and April this year, this deduction is a shortage of 50 basis points in total. The effect of this was that almost all banks, especially public sector banks, have reduced interest rates on their fixed deposits (FD). In the coming June also, RBI can make another cut, because inflation has seen some softening.

FD now invests beneficial?

If you are planning an investment in FD, then it can be beneficial for you to do it before June. Experts believe that as soon as interest rates fall further, the return on FD will also be reduced. The good thing is that once you get FD done, the interest rate is locked. That is, if you have invested at 7 per cent interest rate today, then despite the decrease in the rates in the market, you will get the fixed interest, whether it is one year or five years.

PSU banks current FD interest rates (May 2025)

Between the falling rates in the market, some government banks are still giving good interest rates. Below is the interest rates of top PSU banks for normal customers-

7.3 %

Senior Citizen is getting more returns

FD rates are better for senior citizens. Some PSU banks are paying up to 7.75 per cent interest on a period of 1-2 years-

bank 1 to 2 years duration
	Bank of Maharashtra	7.25 percent	Bank of Baroda	7.3 percent		Canara Bank	7.25 %
Central Bank of India		Bank	7.3 percent	Indian Overseas Bank	7.3 %		State Bank of India (Sbi)	7.05 %	UCO Bank 7.3 percent	Union Bank	7.15 %

7.55 percent Bank

fd keep these 4 things in mind before investing"Text-Align: justify;"> Choose the duration of FD wisely, it would be better to lock the current rates for long periods.

Check the bank rating, public sector banks are considered safe, but it is necessary to be vigilant.

See Senior Citizen Scheme, these schemes get more interest.

Keep an auto-reinuil on, so that after maturity, the money becomes again invested and does not fall in vain."Text-Align: justify;"> Invest soon, otherwise rates can fall

If the RBI again cuts the rate in June, then today’s interest rates can become a matter of tomorrow. In such a situation, if you want a stable and safe return, then taking advantage of the current FD rates will be a sensible step.

Read also: Note the name of this railway stock, Return of 26 % in just 7 days, less than Rs 170 is priced

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Bank interest rate
Bank of Maharashtra	7.75 %	Punjab & Sindh Bank	7.75 percent	UCO Bank	7.55 %
Bank of India	7.55 %	7.4 percent	Indian Overseas Bank	7.4 %

Best bank for fd Archives -

This month, do this work related to FD, if it is not harmed, RBI can do a big game