Best 7 High rate investment banks of India
| 1 – State Bank of India |
| 2 –Â Punjab National bank |
| 3 – Union Bank of India |
| 4 – Central Bank of India |
| 5 – Bank of Baroda |
| 6 – India Bank |
| 7 – Canara Bank |
1 – State Bank of India
About – State Bank of Bharat (SBI) a Fortune five hundred company, is an Associate in Nursing Indian transnational, Public Sector Banking and monetary services statutory body headquartered in a metropolis. The made heritage and gift of over two hundred years accredits SBI because the most trustworthy Bank by Indians through generations.
SBI, the biggest Indian Bank with 1/4th market share, serves over forty-five large integer customers through its Brobdingnagian network of over 22,000 branches, 62617 ATMs/ADWMs, 71,968 BCshops, with Associate in Nursingresolutetarget innovation, and client centricity, that stems from the core values of the Bank – Service, Transparency, Ethics, Politeness, and property.
The Bank has with success varied businesses through its varied subsidiaries i.e SBI General Insurance, SBI insurance, SBI fund, SBI Card, etc. it unfold its presence globally and operates across time zones through 229 offices in thirty-one foreign countries.
| Fixed – Deposits | 1 – 2 years |
| Below 60 years | 5.3 % ( Interest rate ) |
| After 60 years | 5.8% ( Interest rate ) |
2 – Punjab National Bank
Punjab National Bank (PNB), India’s first Swadeshi Bank, Punjab National bank commenced its operations on April 12, 1895, from Lahore, with an authorized capital of ? 2 lac and working capital of? 20,000. The Bank was established in the spirit of nationalism and was the first bank purely managed by Indians with Indian Capital. During the long history of the Bank, 9 banks have been merged/ amalgamated with PNB.
| Fixed Deposit | 1 – 2 years |
| Below 60 years | 5.3% ( Interest Rate ) |
| After 60 years | 5.8%( Interest Rate ) |
3 – Union Bank of India
| Fixed Deposit | 1 – 2 years |
| Below 60 years | 5.45% ( Interest Rate ) |
| After 60 years | 5.95% (Interest Rate ) |
 4 – Central Bank of India
Established in 1911, the Central Bank of India was the primary Indian banking company that was wholly owned and managed by Indians. The institution of the Bank was the final word realization of the dream of Sir Sorabji Pochkhanawala, the founding father of the Bank. Sir Pherozesha Mehta was the primary Chairman of a very ‘Swadeshi Bank’. In fact, such was the extent of pride felt by Sir Sorabji Pochkhanawala that he declared The Central Bank of India because of the ‘property of the state and therefore the country’s asset’.
| Fixed Deposit | 1 – 2 years |
| Below 60 years | 5.25 % |
| After 60 years | 5.75% |
5 – Bank of Baroda
Bank of Baroda is an Indian state-owned International banking and
financial services company headquartered in Vadodara (earlier known as Baroda) in Gujarat, India.
| Fixed Deposit | 1 – 2 years |
| Below 60 years | 5.45 % |
| After 60 years | 5.95 % |
6 – India bank
Indian Bank was established on 15th August 1907 as part of the Swadeshi movement. ISS certified Standard ISO27001:2013 very few Banks are certified worldwide.
| Fixed Deposit | 1 – 2 years |
| Below 60 years | 5.4% |
| After 60 years | 5.9% |
7 – Canara Bank
Widely known for customer centricity, Canara Bank was founded by Shri Ammembal Subba Rao Pai, a great visionary and philanthropist, in July 1906, at Mangalore.
| Fixed Deposit | 1 – 2 years |
| Below 60 years | 5.4 % |
| After 60 years | 5.9 % |
Conclusion
Union Bank of India provides the very highest interest rate and Another Bank provides a decent interest rate.
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