*Notes:
1. Displaying Banks Based on Highest APY Rate
2. APR.i.e. Annual Percentage Rate is the Simple Interest Rate provided by banks.
3. APY.i.e. Annual Percentage Yield is the Effective Interest
Earned considering Compounding, at period of 3 Months(Quarterly)
unless stated otherwise
by the bank and for highest duration in each slab.
Get to know more about APY vs APR
4. Compounding is considered only for durations of 6 Months and above subjected to that duration if it is more than bank's respective compounding period.
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