## What is FD interest rate in Syndicate Bank?

Syndicate Bank Domestic Term Deposits Interest Rates: Below Rs. 2 Crore

Tenure bracket | Regular FD rates (per annum) | Senior Citizens FD rates (per annum) |
---|---|---|

1 year only | 5.20% | 5.70% |

Above 1 year to less than 2 years | 5.20% | 5.70% |

Above 2 years to less than 3 years | 5.40% | 5.90% |

Above 3 years to 10 years | 5.50% | 6.00% |

## What is the interest of 1 lakh in HDFC Bank?

HDFC Fixed Deposit (FD) Rates

Tenor | Interest Rates of FD | ₹ 1 Lakh Fixed Deposit Interest Per Month |
---|---|---|

Non-Senior Citizen | Senior Citizen | |

1 Year | 4.90% | ₹459 |

2 Years | 4.90% | ₹472 |

3 Year | 5.15% | ₹509 |

**How is FD interest calculated?**

It is calculated by multiplying the rate of interest per annum, the principal amount, and the tenure in years. Maturity amount at the end of the 5-year deposit tenure: Rs. 1.5 lakh.

### What is Vikas cash certificate?

Vikas Cash Certificate is a Money Multiplier scheme and it is a convenient and attractive reinvestment plan where interest earns interest every quarter to provide a tidy sum on maturity.

### How can I break my fd online in Syndicate Bank?

How to close Syndicate Bank Fixed Deposit Account?

- (1) Fill up the FD Account Closure Form or Fixed Deposit Liquidation form of Syndicate Bank.
- (2) Attach your KYC (Know Your Customer) Documents.
- (3) Submit FD Certificate or FD Receipt.

**What is the gold loan interest rate in Syndicate Bank?**

Syndicate Bank Gold Loan Key Features – Apply Now

Syndicate Gold Loan Interest Rate | 5.88% per annum |
---|---|

Syndicate Gold Loan Rate Per Gram | ₹ 2,700 to ₹ 3,421 |

Syndicate Gold Processing Fee | 1% or ₹1000 whichever is higher |

Syndicate Gold Loan Amount | Up to Rs. 1 Crore (With Income Proof) |

Syndicate Gold Prepayment Charges | 0-1% |

## Which bank FD rate is high 2021?

Best FD Rates in India among Top 10 Banks

- IDFC Bank offers the highest FD interest rate of 6.00% p.a. which is for a tenure of 5 years and above for the general public.
- The second highest interest rate is 5.75% p.a. which is offered by Axis Bank for a tenure of 5 years and above.

## How much interest will I get for 20 lakhs?

Likewise, for an investment of Rs 20 Lakhs, you will get Rs. 10,517 as monthly interest.

**How much interest will I get for 10 lakhs?**

For example, at an interest rate of 5.15%, a non-cumulative, 12-month tenor for ₹10 lakh Bank FD will fetch you ₹4,291.67 per month. At the same rate of interest, you will earn ₹12,875 every three months, ₹25,750 every six months, and ₹51,500 annually.

### Which is better RD or FD?

Returns: When returns in FD or RD are compared, then FD seems to give higher returns. The reason is that in RD, the account holder deposits monthly and therefore, the interest is also earned accordingly. Usually, the FD amount is deposited once, and is a lump sum that earns a higher interest rate.

### What is the minimum balance of Syndicate Bank?

Syndicate Bank Savings Account Minimum Balance Requirements

Type of Savings Account | Average Monthly Balance Requirement |
---|---|

SyndSamanya Savings Account | No minimum balance |

Premium Savings Account | Rs. 10, 000 |

Special Premium Savings Account | Rs. 20, 000 |