Savings accounts and fixed deposits at scheduled banks. Deposits are insured up to a limit by the DICGC, and the interest you earn is contractual — but it can be lower than inflation, and early withdrawal usually costs you.
Axis Bank
A private bank fixed deposit with tenure-based rates and a higher rate for senior citizens.
Rate varies by tenure and amountCheck at source
HDFC Bank
A private bank fixed deposit with a rate that depends on tenure, deposit size and whether you book online.
Rate varies by tenure and amountCheck at source
ICICI Bank
A private bank fixed deposit with separate rate charts for general and senior citizens and for different deposit sizes.
Rate varies by tenure and amountCheck at source
Kotak Mahindra Bank
A private bank fixed deposit, including an option for periodic interest payout on selected tenures.
Rate varies by tenure and amountCheck at source
State Bank of India
India's largest bank: a fixed term deposit where the rate is agreed on the day you book it and paid at maturity.
Rate varies by tenure and amountCheck at source