Which bank in Singapore has the best fixed deposit rate ... At a maximum interest rate of 2.60% p.a., Standard Chartered’s fixed deposit rates are pretty average this month.

Currently, the interest earned on FDs is taxable, and if the amount exceeds Rs 40,000 (Rs 50,000 for senior citizens), it becomes subject to Tax Deducted at Source (TDS).

The State Bank of India (SBI) has introduced the SBI Patrons Fixed Deposit Scheme, specifically designed for super senior ...