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Fixed Deposit i.e. FD is considered to be the best option to invest money. Most people resort to bank FD to invest their money. Different banks of the country offer FDs of different durations to their customers. In these FDs, customers are given returns at different interest rates.

If you are also one of those people who resort to bank FD to invest money, then we are going to tell you about the 1 year term FD of some banks. In such a situation, you can choose a best bank to invest. Let's know.

State Bank of India (SBI)

SBI is the largest government bank in the country. SBI's 1-year FD interest rates are 6.50 percent. At the same time, these interest rates are 7 percent for senior citizens.

Punjab National Bank (PNB)

PNB is also one of the largest government banks in the country. PNB's 1-year FD interest rates are 6.70 percent. At the same time, these interest rates for senior citizens are 7.20 percent.

Bank of Baroda (BOB)

BOB is also one of the largest government banks in the country. BOB's 1-year FD interest rates are 6.80 percent. At the same time, these interest rates for senior citizens are 7.30 percent.

HDFC Bank FD

HDFC Bank is one of the largest private banks in the country. Talking about HDFC Bank's 1-year FD interest rates, it is 6.6 percent. For senior citizens, these interest rates are 7.1 percent.

Axis Bank FD

Axis Bank is also one of the largest private banks in the country. Talking about the interest rates of Axis Bank's 1 year FD, it is 6.7 percent. For senior citizens, these interest rates are 7.2 percent.