Fixed Deposits in Banks Offer Attractive Interest Rates on ₹20 Lakh Investment

Fixed deposits (FD) are presented as a way to achieve predictable returns without market risk. Central Bank of India offers 7.25% interest to senior citizens and 6.75% to general customers for its 444-day FD plan. Indian Overseas Bank offers 7.10% to senior citizens and 6.60% to others for its 444-day special FD plan.