Bank Fixed Deposits: Banks across India have been increasing their interest rates on loans and deposits since the Reserve Bank of India increased its repo rates at the off-cycle Monetary Policy Committee (MPC) meeting earlier this month.
Accordingly, interest rates on bank fixed deposits have also increased for most banks including HDFC Bank, Axis Bank and State Bank of India. Bank FDs are popular among those who do not want to invest in risky assets and want safe and secure returns for their investments. FDs offer a stable and guaranteed rate of return.
Here are some of the latest FD rates by private and public sector banks so that you can compare and choose
HDFC Bank Latest FD Interest Rates for Deposits Below Rs 2 Crore
7 days to 14 days: For general public – 2.50 percent; For Senior Citizens – 3.00 percent
15 days to 29 days: For general public – 2.50 percent; For Senior Citizens – 3.00 percent
30 days to 45 days: For general public – 3.00 percent; For Senior Citizens – 3.50 percent
46 days to 60 days: For general public – 3.00 percent; For Senior Citizens – 3.50 percent
61 days to 90 days: For general public – 3.00 percent; For Senior Citizens – 3.50 percent
91 days to 120 days: For general public – 3.50 percent; For Senior Citizens – 4.00 percent
6 months 1 day to 9 months: For general public – 4.40 percent; For Senior Citizens – 4.90 percent
9 months 1 day to less than one year: For general public – 4.45 percent; For Senior Citizens – 5.00 percent
1 year: For general public – 5.10 percent; For Senior Citizens – 5.60 percent
1 year 1 day to 2 years: For general public – 5.10 percent; For Senior Citizens – 5.60 percent
2 years 1 day to 3 years: For general public – 5.40 percent; For Senior Citizens – 5.90 percent
3 years 1 day to 5 years: For general public – 5.60 percent; For Senior Citizens – 6.10 percent
5 years 1 day to 10 years: For general public – 5.75 percent; For Senior Citizens – 6.50 percent
SBI Latest FD Rates for Bulk Deposits of Rs.2 Crore and Above
7 days to 45 days: Old rates for general public – 3.00 percent; New rates for general public – 3.00 percent
46 days to 179 days: Old rates for general public – 3.00 percent; New rates for general public – 3.50 percent
180 days to 210 days: Old rates for general public – 3.10 percent; New rates for general public – 3.50 percent
211 days to less than 1 year: Old rates for general public – 3.30 percent; New rates for general public – 3.75 percent
1 year to less than 2 years: Old rates for general public – 3.60 percent; New rates for general public – 4.00 percent
2 years to less than 3 years: Old rates for general public – 3.60 percent; New rates for general public – 4.25 percent
2 years to less than 5 years: Old rates for general public – 3.60 percent; New rates for general public – 4.50 percent
5 years and up to 10 years: Old rates for general public – 3.60 percent; New rates for general public – 4.50 percent
Axis Bank Latest FD Rates for Deposits Below Rs 2 Crore
7 days to 14 days : 2.50 percent for the general public; 2.50 percent for senior citizens
15 days to 29 days: 2.50 percent for the general public; 2.50 percent for senior citizens
30 days to 45 days: 3.00 percent for the general public; 3.00 percent for senior citizens
46 days to 60 days: 3.00 percent for the general public; 3.00 percent for senior citizens
61 days to less than 3 months: 3.00 percent for the general public; 3.00 percent for senior citizens
3 months to less than 4 months: 3.50 percent for the general public; 3.50 percent for senior citizens
4 months to less than 5 months: 3.50 percent for the general public; 3.50 percent for senior citizens
5 months to less than 6 months: 3.50 percent for the general public; 3.50 percent for senior citizens
6 months to less than 7 months: 4.40 percent for the general public; 4.65 percent for senior citizens
7 months to less than 8 months: 4.40 percent for the general public; 4.65 percent for senior citizens
8 months to less than 9 months: 4.40 percent for the general public; 4.65 percent for senior citizens
9 months to less than 10 months : 4.75 percent for general public; 5.00 percent for senior citizens
10 months to less than 11 months: 4.75 percent for the general public; 5.00 percent for senior citizens
Less than 11 months 11 months 25 days: 4.75 percent for the general public; 5.00 percent for senior citizens
11 months 25 days to less than 1 year: 4.75 percent for general public; 5.00 percent for senior citizens
1 year to less than 1 year 5 days: 5.25 percent for the general public; 5.90 percent for senior citizens
1 year 5 days to less than 1 year 11 days: 5.25 percent for general public; 5.90 percent for senior citizens
1 year 11 days to less than 1 year 25 days: 5.25 percent for general public; 5.90 percent for senior citizens
1 year 25 days to less than 13 months: 5.25 percent for general public; 5.90 percent for senior citizens
13 months to less than 14 months: 5.25 percent for the general public; 5.90 percent for senior citizens
14 months to less than 15 months: 5.25 percent for the general public; 5.90 percent for senior citizens
15 months to less than 16 months: 5.30 percent for the general public; 5.95 percent for senior citizens
16 months to less than 17 months: 5.30 percent for the general public; 5.95 percent for senior citizens
17 months to less than 18 months: 5.30 percent for the general public; 5.95 percent for senior citizens
18 months to less than 2 years: 5.30 percent for the general public; 5.95 percent for senior citizens
2 years to less than 30 months: 5.60 percent for the general public; 6.25 percent for senior citizens
30 months to less than 3 years: 5.60 percent for general public; 6.25 percent for senior citizens
3 years to less than 5 years: 5.60 percent for general public; 6.25 percent for senior citizens
5 years to 10 years: 5.75 percent for the general public; 6.50 percent for senior citizens
