Top Banks hike FD rates. It is Good time to invest in fixed deposits

After three consecutive repo rate hikes by the Reserve Bank of India Top Banks hikes FD Rates

HDFC Bank, ICICI Bank, IndusInd, IDBI Bank are among those lenders that have hiked interest on term deposits recently 

New private banks are also offering lucrative rates to general public as well as senior citizens. 

SBI FD rates - 2.90% to 5.65% (For general), 3.40% to 6.45% (For senior citizens)

HDFC Bank FD rates - 2.75% to 6.10% (For general) - 3.25% to 6.60% (For senior citizens)

ICICI Bank FD rates - 2.75% to 6.10% (For general) - 3.25% to 6.60% (For senior citizens)

IDBI Bank FD rates - 2.70% to 5.75% (For general) - 3.20% to 6.50% (For senior citizens)

Kotak Mahindra Bank FD rates - 2.50% to 5.90% (For general) - 3.00% to 6.40% (For senior citizens)

Experts belives that it is good time to invest in fixed deposit.