Today we will tell you about the interest rates of SBI, Axis Bank, IDFC first bank and kotak mahindra bank, where you will get more benefit.
New Delhi: If you also have a plan to get FD, then this is important news for you. Many times, before getting a fixed deposit (Bank FD), we are confused that in which bank will get more benefit by getting FD (FD interest rates). Get FD in private bank or government bank? If you also have any such question in your mind then there is no need to worry now.
Today we will tell you in which bank you get more benefit on FD.
The facility of FD from 7 days to 10 years is given to the customers by the bank. If you also have a plan to get FD, then today we tell you which bank is giving you the most benefit. Today we will tell you about the interest rates of SBI, Axis Bank, IDFC first bank and kotak mahindra bank, where you will get more benefit.
SBI State Bank of India is offering interest facility ranging from 2.9 percent to 5.4 percent. At the same time, senior citizens will get the facility of 3.4 percent to 6.2 percent interest on FDs maturing from 7 days to 10 years.
These rates are applicable from 8 January 2021.
- FDs of 7 days to 45 days will get 2.9 percent interest.
- Between 46 days to 179 days, 3.9 percent interest will be available on term deposits.
- FDs of less than 180 days to 1 year will get 4.4 percent interest.
- The interest rate of FD maturing in 2 years and less than 3 years is 5.1 percent.
- FD rate of 3 years and less than 5 years will be 5.3 percent.
- FDs from 5 years to 10 years will get 5.4% interest.
Axis Bank
- Axis Bank is offering 2.50 percent interest on FDs with maturity between 7 days and 29 days.
- 3% interest on FDs less than 30 days and 3 months
- 3.5 percent interest facility on FDs less than 3 months and 6 months.
- 4.40 per cent on FDs maturing in 6 months and 11 months less than 25 days
- 5.20 per cent on FDs maturing in 15 months and less than 18 months
- 5.40 percent on FDs maturing in 2 years to 5 years
- You will get an interest rate of 5.75 percent for deposits maturing in 5 years to 10 years.
IDFC First Bank
- is giving 2.75 percent interest on maturity of 7 to 14 days.
- 4% on FDs from 45 days to 90 days
- 4.50 percent interest on FDs from 91 days to 180 days
- Getting 5.25 percent on FDs with maturity of 181 days and less than 1 year.
- 5 years to 10 years FD is getting interest at the rate of 5.75 percent.
Kotak Mahindra Bank
- getting 2.5% interest on FD from 7 days to 30 days
- 2.75 percent interest on FDs from 31 days to 90 days
- 3% interest on FDs from 91 days to 120 days
- 4.4% on 180 days FD
- 5% on FD of 23 months
- 5.30 percent on FDs from 5 to 10 years
