Which bank offers higher returns on a ₹50 lakh FD over 5 years? A detailed breakdown of 7 banks, including SBI, HDFC, and ICICI..

If you have a substantial sum of ₹50 lakh and wish to invest it for five years with minimal risk, a bank Fixed Deposit (FD) could be a good option. However, the question remains: which bank offers the highest return on a ₹50 lakh deposit over five years?

Among major banks, interest rates for general customers on a 5-year FD typically range between 6% and 6.50%. Meanwhile, many banks offer additional interest rates to senior citizens.

How much will a ₹50 lakh FD yield across different banks?