Yes Bank has announced a cut in its fixed deposit interest rates. The bank has cut 25 basis points, which has come into effect from November 5, 2024. Along with this, we are also telling about the interest rates of State Bank of India, ICICI Bank, Punjab National Bank and HDFC Bank, which will make it easier for you to invest.
New Delhi: The stock market is going through a period of decline. Meanwhile, private bank Yes Bank has announced a cut in its fixed deposit interest rates. The bank has cut 25 basis points, which has come into effect from November 5, 2024. Now for general citizens, FD rates in YES Bank are ranging from 3.25% to 7.75%, while senior citizens will get interest ranging from 3.75% to 8.25%. The highest interest rate is 7.75% on 18-month FD and 8.25% for senior citizens. At the same time, we are also telling about the interest rates of State Bank of India, ICICI Bank, Punjab National Bank and HDFC Bank, which will make it easier for you to invest.
SBI FD Rates
On the other hand, if we talk about State Bank of India, here the interest rate for general citizens is from 3.50% to 7.10%, while senior citizens are getting benefits from 4% to 7.60%. In SBI’s special “400 days” scheme, senior citizens are getting 7.60% interest.
ICICI Bank Fixed Deposit Rates
ICICI Bank has also reduced the fixed deposit rates to 3% to 7.25% for general citizens and 3.50% to 7.80% for senior citizens. Here the highest interest of 7.80% is being given on FD of 15 to 18 months.
HDFC Bank FD Rates
HDFC Bank has changed its FD rates and increased the interest rate from 3% to 7.35% for general citizens and from 3.50% to 7.85% for senior citizens. Here, FDs of 2 years 11 months to 35 months are getting an interest of 7.75%.
PNB FD Rates
Punjab National Bank (PNB) has also fixed FD rates from 3.50% to 7.25% and for senior citizens from 4% to 7.75%. PNB’s highest interest rate is 7.75% on 400 days FD.
