Fixed Deposit ( Tenure 3 and 5 years )

Top 5 Fixed Deposit

Tenure : 3 years ( Interest Rates Compounded Quarterly )
P=10,000  n=12  t=3 r=as mentioned below

Bank Name                         Interest Rate(r)   Rs 10,000 will yield to
Tamilnad Mercentile Bank    9.50                     13,253
Development Credit Bank      9.30                     13,176
City Union Bank                          9.25                     13,157
Ing Vyasa Bank                            9.25                     13,157
Karur Vyasa Bank                       9.25                    13,157

Tenure : 5 years ( Interest Rates Compounded Quarterly )
P=10,000  n=20  t=5 r=as mentioned below

Bank Name                            Interest Rate(r)  Rs 10,000 will yield to
Tamilnad Mercentile Bank  9.50                         15,991
City Union Bank                       9.25                         15,979
Canara Bank                               9.05                         15,643
Andhra Bank                              9.00                         15,605
Bank of India                              9.00                         15,605

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