FD Interest Rates: Let’s take a look at the interest rates of the top banks in our country, State Bank of India (SBI), HDFC Bank and ICICI Bank. Rs. Comparing the interest rates in these banks on deposits of less than 2 crores, HDFC Bank offers interest rates up to 7.75 percent on FD based on the deposit period and the age of the depositor. ICICI Bank offers FD rates up to 7.75 percent per annum. At the same time, SBI is offering up to 7.50 percent per annum.
Fixed deposits are one of the safest investment schemes. These include guaranteed returns and security of your money. There will also be a high interest rate. Moreover, banks have been increasing interest rates on FDs recently. The main reason for that is that the Reserve Bank of India has kept the repo rate unchanged. This has made fixed deposits attractive by beating inflation by a comfortable margin. In this context, let us have a look at the interest rates of the top banks in our country, State Bank of India (SBI), HDFC Bank and ICICI Bank. Rs. Comparing the interest rates in these banks on deposits of less than 2 crores, HDFC Bank offers interest rates up to 7.75 percent on FD based on the deposit period and the age of the depositor. ICICI Bank offers FD rates up to 7.75 percent per annum. At the same time, SBI is offering up to 7.50 percent per annum. In this background, let us now see the full interest details in the respective banks.
HDFC Bank Latest Interest Rates
Rs. Here are the annual interest rates in HDFC Bank on deposits of less than 2 crores.
- 7 days to 29 days: 3.00 percent for general public; 3.50 percent for senior citizens
- 30 days to 45 days: 3.50 percent for general public; 4.00 percent for senior citizens
- 46 days to less than 6 months: 4.50 percent for general public; For Senior Citizens – 5.00 percent
- 6 months 1 day to less than 9 months: For general public – 5.75 percent; For senior citizens – 6.25 percent
- Within 9 months 1 day to 1 year: For general public – 6.00 percent; For senior citizens – 6.50 percent
- Within 1 year to 15 months: For general public – 6.60 percent; For senior citizens – 7.10 percent
- 15 months to 2 years: For general public – 7.10 percent; For senior citizens – 7.50 percent
- 2 years 1 day to less than 2 years 11 months: For general public – 7.00 percent; For senior citizens – 7.50 percent
- 2 years 11 months to 35 months: For general public – 7.00 percent; For senior citizens – 7.50 percent
- From 2 years 11 months 1 day to 5 years: For general public – 7.00 percent; For senior citizens – 7.50 percent
- 5 years 1 day to 10 years: For general public – 7.00 percent; For Senior Citizens – 7.75
ICICI Bank Latest Interest Rates on Fixed Deposits
- 7 days to 29 days: For general public – 3.00 percent; For senior citizens – 3.50 percent
- 30 days to 45 days: For general public – 3.50 percent; For Senior Citizens – 4.00 percent
- 46 days to 60 days: For general public – 4.25 percent; For senior citizens – 4.75 percent
- From 61 days to 90 days: For general public – 4.50 percent; For Senior Citizens – 5.00 percent
- From 91 days to 184 days: For general public – 4.75 percent; For senior citizens – 5.25 percent
- 185 days to 270 days: For general public – 5.75 percent; For senior citizens – 6.25 percent
- 271 days to less than 1 year: For general public – 6.00 percent; For senior citizens – 6.50 percent
- Within 1 year to 15 months: For general public – 6.70 percent; For senior citizens – 7.20 percent
- 15 months to less than 2 years: General public – 7.20 percent; For senior citizens – 7.75 percent
- 2 years 1 day to 10 years: For general public – 7.00 percent; For senior citizens – 7.50 percent
State Bank of India Latest Interest Rates
- 7 days to 45 days: For general public – 3.00 percent; For senior citizens – 3.50 percent
- 46 days to 179 days: For general public – 4.50 percent; For Senior Citizens – 5.00 percent
- 180 days to 210 days: For general public – 5.25 percent; For senior citizens – 5.75 percent
- 211 days to less than 1 year: For general public – 5.75 percent; For senior citizens – 6.25 percent
- 1 year to 2 years: For general public – 6.80 percent; For senior citizens – 7.30 percent
- 2 years to less than 3 years: For general public – 7.00 percent; For senior citizens – 7.50 percent
- 3 years to less than 5 years: For general public – 6.50 percent; For Senior Citizens – 7.00 percent
- Within 5 years to 10 years: For general public – 6.50 percent; For senior citizens – 7.50 percent
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