New Delhi, Jan. 2 -- For conservative investors, there are multiple financial instruments to go for. Some of these include Public Provident Fund (PPF), National Savings Certificate (NSC), Kisan Vikas Patra (KVP) and Senior Citizens Savings Scheme (SCSS). Most of these schemes give an interest in the range of 6.9% to 7.5% per annum. Notably, the government has kept the interest rates for small savings schemes unchanged in the March quarter.

Apart from small savings schemes, one of the most popular investment options for retail investors is the fixed deposit (FD). Read on to know more about the interest rates offered by different banks on their term deposits.

Many may be confused about whether to invest in a fixed deposit or in a small sa...