FD Rates: Investing in FD in the year 2023 has been quite attractive so far. Here are the interest rates available on FDs of State Bank of India (SBI), Canara Bank, ICICI Bank, Bank of Baroda (BOB), Axis Bank, HDFC Bank and Post Office.
FD Rates: Investing in FD in the year 2023 has been quite attractive so far. Here information is given about the interest rates available on FDs of State Bank of India (SBI), Canara Bank, ICICI Bank, Bank of Baroda (BOB), Axis Bank, HDFC Bank and Post Office. The rates given below are available on retail FDs of less than Rs 2 crore. Check how much interest these banks are giving on 5 year FD.
SBI
SBI is offering 6.5% interest on 5 year FD to the general public and 7.5% interest to senior citizens from 15 February 2023.
Canara Bank
Canara Bank is offering 6.7% interest on 5-year deposits to the general public and 7.2% to senior citizens from August 8, 2023.
ICICI Bank
ICICI Bank is offering 7% interest rate on 5 year deposits to the general public and 7.5% to senior citizens from 24 February 2023.
Bank of Baroda (BOB)
Bank of Baroda is offering 6.5% interest rate on deposits of up to 5 years to the general public and 7.15% to senior citizens from May 12, 2023.
Axis Bank
Axis Bank is offering 7% interest rate on 5 year deposits to the general public and 7.75% interest rate to senior citizens from August 8, 2023.
HDFC Bank
HDFC Bank is offering 7% interest rate on 5 year deposits to the general public and 7.5% to senior citizens from February 15, 2023.
Post Office
The post office is offering 7.5% interest rate on 5-year deposits to the general public as well as senior citizens from July 1, 2023 to September 9, 2023.