A Study On Fixed Deposit Rate of Selected

Commercial Banks in India.

Name : Ankita Arvindbabu Gaikwad

Roll No. : 2021023
Div : A
M.M.S. - A
 Objectives of the Study
• To understand the concept of Fixed Deposit.
• To study and analyse the Fixed Deposit Rate of selected Commercial
Banks in India for different periods.
• To Study the advantages of investing in Fixed Deposit.
 Research Methodology
• Primary Data - Questionnaire
• Secondary Data – Books, Thesis and Websites
 Findings

 Interest rate of senior citizens.

 Respondents prefer to visit branch for opening Fixed Deposit.
 Invest in Fixed Deposit because it is easy to invest.
 State Bank of India is the most preferred bank for investing in FD.
 Invest in Fixed Deposit for short term period.
 Suggestions:
• Higher interest rate for senior citizens.
• Contemplate factors before investing in Fixed Deposit.
• Investing in different banks for different period of time.
• Invest in Tax-saving FD.
• An investment option for non-cumulative deposit
 Conclusion:
From the selected private sector commercial banks, IDFC First Bank provides higher interest rate
on Fixed Deposit as compared to Axis Bank, ICICI Bank, HDFC Bank in the current year.
Whereas, from the selected public sector commercial banks, Union Bank of India provides higher
interest rate on Fixed Deposit as compared to State Bank of India, Central Bank of India and
Bank of India. From the research, the conclusion can be drawn that the Fixed Deposit Rate keeps
fluctuating every year. So, it is necessary to study the factors such as interest rate, maturity,
penalty for breaking fixed term deposit before making investment.
 
THANK YOU