Change in Fixed Deposit: Fixed deposit service is provided by the banks from time to time. Different interest rates are given by banks on fixed deposits ranging from 7 days to 10 years. At present, changes have been made in deposits by RBI, after which banks will also change the interest rates of their fixed deposits.
SBI, HDFC Bank, ICICI, Axis, or Canara Bank have changed the interest rates on their fixed deposits.
Axis Bank latest FD rates
This bank will be given the benefit of 3.5% to 7.3% interest rate on fixed deposits ranging from 7 days to 10 years. Senior citizens are getting the benefit of interest rate ranging from 3.50% to 8.05%, which is applicable from August 14, 2023.
SBI Bank
This bank will be given the benefit of 3% to 7.1% interest rate on fixed deposits ranging from 7 days to 10 years, which is applicable from 15 February 2023.
Canara Bank
This bank is being given the benefit of 4% to 7.25% interest rate on fixed deposits ranging from 7 days to 10 years. Senior citizens are getting the benefit of 4% to 7.75% interest rate which is applicable from August 12, 2023.
HDFC Bank
This bank customers are getting the benefit of 3% to 7.25% interest rate on fixed deposits ranging from 7 days to 10 years and senior citizens from 3.5% to 7.75% interest rate. This interest rate is applicable from 29 May 2023.
