HDFC Bank Vs SBI Vs Axis Bank FD Rates: Interest rates in India have seen a steady rise since May 2022, due to which interest on both loans and FDs has increased. The interest on FD has gone above 8% due to which people are preferring to invest in FD. RBI retained the repo rate rate at 6.50 percent in its previous monetary policy
HDFC Bank Vs SBI Vs Axis Bank FD Rates: Interest rates in India have seen a steady rise since May 2022, due to which interest on both loans and FDs has increased. The interest on FD has gone above 8% due to which people are preferring to invest in FD. In its previous monetary policy, the RBI kept the repo rate unchanged at 6.50 per cent. No changes have been made in it in the last two times.
HDFC Bank is offering 3 percent to 7.10 percent interest on FD. Axis Bank is paying 3.50 percent and 7.75 percent interest on FD. SBI Bank is paying interest between 3 per cent to 7 per cent on FD. Apart from this, all banks are giving extra interest of 0.50% to senior citizens. Here you have been compared how much interest three big banks HDFC Bank ( HDFC Bank ), State Bank of India ( SBI) and Axis Bank ( Axis Bank ) are paying on Fixed Deposit (FD ) of less than Rs 2 crore .
Here are the interest rates on FDs of less than Rs 2 crore in HDFC Bank
- 7 days to 14 days: For general public – 3.00 per cent; For Senior Citizen – 3.50 percent
- 15 days to 29 days: For general public – 3.00 per cent; For Senior Citizen – 3.50 percent
- 30 days to 45 days: For general public – 3.50 per cent; For Senior Citizen – 4.00 percent
- 46 days to 60 days: For general public – 4.50 per cent; For Senior Citizen – 5.00 percent
- 61 days to 89 days: For general public – 4.50 per cent; For Senior Citizen – 5.00 percent
- 90 days to the equivalent of 6 months: For general public – 4.50 per cent; For Senior Citizen – 5.00 percent
- 6 months 1 day to less than 9 months: For general public – 5.75 per cent; For Senior Citizen – 6.25 percent
- 9 months 1 day to less than 1 year: For general public – 6.00 per cent; For Senior Citizen – 6.50 percent
- 1 year to less than 15 months: For general public – 6.60 per cent; For Senior Citizen – 7.10 percent
- 15 months to less than 18 months: For general public – 7.10 per cent; For Senior Citizen – 7.60 percent
- 18 months 1 day to less than 21 months: For general public – 7.00 per cent; For Senior Citizen – 7.50 percent
- 21 months to 2 years: For general public – 7.00 per cent; For Senior Citizen – 7.50 percent
- 2 years 1 day to 2 years 11 months: For general public – 7.00 per cent; For Senior Citizen – 7.50 percent
- 2 years 11 months 1 day to 3 years: For general public – 7.00 per cent; For Senior Citizen – 7.50 percent
- 3 years 1 day to 4 years 7 months: For general public – 7.00 per cent; For Senior Citizen – 7.50 percent
- 4 years 7 months to 55 months: For general public – 7.25 per cent; For Senior Citizen – 7.75 percent
- 5 years 1 day to 10 years: For general public – 7.00 per cent; For Senior Citizen – 7.50 percent.
Interest rates on investments below Rs 2 crore in Axis Bank
- 7 days to 14 days: 3.50 per cent for general public; 3.50 percent for senior citizens
- 15 days to 29 days: 3.50 per cent for general public; 3.50 percent for senior citizens
- 30 days to 45 days: 3.50 per cent for general public; 3.50 percent for senior citizens
- 46 days to 60 days: 4.00 per cent for general public; 4.00 percent for senior citizens
- 61 days to less than 3 months: 4.50 per cent for general public; 4.50 percent for senior citizens
- 3 months to less than 4 months: 4.75 per cent for general public; 4.75 percent for senior citizens
- 4 months to less than 5 months: 4.75 per cent for general public; 4.75 percent for senior citizens
- 5 months to less than 6 months: 4.75 per cent for general public; 4.75 percent for senior citizens
- 6 months to less than 7 months: 5.75 per cent for general public; 6.00 percent for senior citizens
- 7 months to less than 8 months: 5.75 per cent for general public; 6.00 percent for senior citizens
- 8 months to less than 9 months: 5.75 per cent for general public; 6.00 percent for senior citizens
- 9 months to less than 10 months: 6.00 per cent for general public; 6.25 percent for senior citizens
- 10 months to less than 11 months: 6.00 per cent for general public; 6.25 percent for senior citizens
- 11 months to less than 11 months 25 days: 6.00 per cent for general public; 6.25 percent for senior citizens
- 11 months 25 days to less than 1 year: 6.00 per cent for general public; 6.25 percent for senior citizens
- 1 year to less than 1 year 4 days: 6.75 per cent for general public; 7.50 percent for senior citizens
- 1 year 5 days to less than 1 year 11 days: 6.80 per cent for general public; 7.55 percent for senior citizens
- 1 year 11 days to less than 1 year 24 days: 6.80 per cent for general public; 7.55 percent for senior citizens
- 1 year 25 days to less than 13 months: 6.80 per cent for general public; 7.55 percent for senior citizens
- 13 months to less than 14 months: 7.10 per cent for general public; 7.85 percent for senior citizens
- 14 months to less than 15 months: 7.10 per cent for general public; 7.85 percent for senior citizens
- 15 months to less than 16 months: 7.10 per cent for general public; 7.85 percent for senior citizens
- 16 months to less than 17 months: 7.10 per cent for general public; 7.85 percent for senior citizens
- 17 months to less than 18 months: 7.10 per cent for general public; 7.85 percent for senior citizens
- 18 months to less than 2 years: 7.10 per cent for general public; 7.85 percent for senior citizens
- 2 years to less than 30 months: 7.05 per cent for general public; 7.80 percent for senior citizens
- 30 months to less than 3 years: 7.00 per cent for general public; 7.75 percent for senior citizens
- 3 years to less than 5 years: 7.00 per cent for general public; 7.75 percent for senior citizens
- 5 years to 10 years: 7.00 per cent for general public; 7.75 percent for senior citizens
Interest rates on FD of State Bank of India (SBI)
- 7 days to 45 days: For general public – 3.00 per cent; For Senior Citizen – 3.50 percent
- 46 days to 179 days: For general public – 4.50 per cent; For Senior Citizen – 5.00 percent
- 180 days to 210 days: For general public – 5.25 per cent; For senior citizens – 5.75 percent
- 211 days to less than 1 year: For general public – 5.75 per cent; For Senior Citizen – 6.25 percent
- 1 year to less than 2 years: For general public – 6.80 per cent; For Senior Citizen – 7.30 percent
- 2 years to less than 3 years: For general public – 7.00 per cent; For Senior Citizen – 7.50 percent
- 3 years to less than 5 years: For general public – 6.50 per cent; For Senior Citizen – 7.00 percent
- 5 years to 10 years: For general public – 6.50 per cent; For Senior Citizen – 7.50 percent