FD Rates: Fixed Deposit (FD) is considered a safe investment option. If you are planning to invest in FD, then this information can be beneficial for you. Investors should compare the interest rates offered by banks before investing in FD
FD Rates: Fixed Deposit (FD) is considered a safe investment option. If you are planning to invest in FD, then this information can be beneficial for you. Investors should compare the interest rates offered by banks before investing in FD. Major banks of the country like HDFC Bank, ICICI Bank, and Axis Bank are offering better options to attract FD investors. HDFC Bank, which is the largest private sector bank in the country, is offering up to 7.9% interest on FDs less than Rs 3 crore. ICICI Bank is offering up to 7.8% and Axis Bank is offering up to 7.75%.
HDFC Bank FD interest rates (interest on FDs less than Rs 3 crore):
7-14 days:
General citizens: 3.00%, senior citizens: 3.50%
15-29 days:
General Citizen: 3.00%, Senior Citizen: 3.50%
30-45 days:
General Citizen: 3.50%, Senior Citizen: 4.00%
46-60 days:
General Citizen: 4.50%, Senior Citizen: 5.00%
6 months 1 day to less than 9 months:
General Citizen: 5.75%, Senior Citizen: 6.25%
15 months to less than 18 months:
General Citizen: 7.10%, Senior Citizen: 7.50%
4 years 7 months to 55 months:
General Citizen: 7.40%, Senior Citizen: 7.90%
Axis Bank FD interest rates (interest on FDs less than Rs 3 crore):
7-14 days:
General citizens: 3.00%, Senior citizens: 3.50%
46-60 days:
General citizens: 4.25%, Senior citizens: 4.75%
6 months to less than 7 months:
General citizens: 5.75%, Senior citizens: 6.25%
15 months to less than 16 months:
General citizens: 7.10%, Senior citizens: 7.60%
18 months to less than 2 years:
General citizens: 7.10%, Senior citizens: 7.60%
5 years to 10 years:
General citizens: 7.00%, Senior citizens: 7.75%
ICICI Bank FD interest rates (interest on FDs less than Rs 3 crore):
7-29 days:
General citizens: 3.00%, Senior citizens: 3.50%
46-60 days:
General citizens: 4.25%, Senior citizens: 4.75%
Less than 1 year to 15 months:
General citizens: 6.70%, Senior citizens: 7.20%
Less than 15 months to 18 months:
General citizens: 7.25%, Senior citizens: 7.80%
2 years 1 day to 5 years:
General citizens: 7.00%, Senior citizens: 7.50%
5 years (Tax Saver FD):
General citizens: 7.00%, Senior citizens: 7.50%
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