Picking the perfect FD scheme in India can feel overwhelming, but trust me, I've been there! Here's what I discovered:

For maximising returns, some options caught my eye:

Bajaj Finance: They come with interest rates of up to 8.60% if you are under 60 years of age

This is one of the highest FD rates available in India. If maximum returns are your aim, then this fixed deposit may be the best option for you.

But if you are a senior citizen, you can get even higher interest rates. My grandparents swear by SBI's schemes for senior citizens:

SBI: They offer up to 1% higher interest rates for senior citizens than those provided to regular applicants

Other financial institutions like Axis Bank, HDFC Bank, Ujjivan Small Finance Bank, and more offer high interest rates too. However, do remember that high interest rates are not the only criteria that make a deposit the best in India. Consider the tenor, customer service offered by the financial institution, and the type of fixed deposit before deciding. This will help you find an option that is the best for you.

The key takeaway? Research online! Compare rates across different banks and NBFCs. Online financial marketplaces like Bajaj Markets can help make comparing the FDs simpler. Don't forget to consider factors like the bank's reputation and minimum deposit amount. With a little digging, you can find the FD scheme that best suits your needs.