Fixed deposits (FDs) are secure investment instruments offered by banks, non-banking financial companies (NBFCs) and post offices. In a bank fixed deposit (FD), investor can park lump sum amount and avail features like assured returns and choice of interest payout. Leading banks like State Bank of India (SBI), HDFC Bank, ICICI Bank, among others offer the option of opening a FD. Fixed deposit interest rates, which are revised from time to time, vary according to the tenor of a fixed deposit. (Also read: Interest Rates, Maturity Period Of Income Tax-Saving Fixed Deposit)
Fixed deposits (FDs) are secure investment instruments offered by banks, non-banking financial companies (NBFCs) and post offices. In a bank fixed deposit (FD), investor can park lump sum amount and avail features like assured returns and choice of interest payout. Leading banks like State Bank of India (SBI), HDFC Bank, ICICI Bank, among others offer the option of opening a FD. Fixed deposit interest rates, which are revised from time to time, vary according to the tenor of a fixed deposit. (Also read: Interest Rates, Maturity Period Of Income Tax-Saving Fixed Deposit)
Fixed deposits (FDs) are secure investment instruments offered by banks, non-banking financial companies (NBFCs) and post offices. In a bank fixed deposit (FD), investor can park lump sum amount and avail features like assured returns and choice of interest payout. Leading banks like State Bank of India (SBI), HDFC Bank, ICICI Bank, among others offer the option of opening a FD. Fixed deposit interest rates, which are revised from time to time, vary according to the tenor of a fixed deposit. (Also read: Interest Rates, Maturity Period Of Income Tax-Saving Fixed Deposit)
Private sector lender Axis Bank revised its fixed deposit (FD) rates with effect from March 20, 2019. Private sector bank HDFC Bank and ICICI Bank had earlier this month revised their interest rates on fixed deposit. Country's largest lender State Bank of India (SBI) revised its fixed deposit or FD interest rates with effect from February 22, 2019.
Given below are the latest interest rates offered by State Bank of India (SBI), ICICI Bank, HDFC Bank, Axis Bank and Bandhan Bank on fixed deposits (FDs) below 2 crore:
State Bank of India
Given below are the latest SBI FD interest rates on deposits below Rs 2 crore:
HDFC Bank
The following FD interest rates are applicable on deposits below Rs 2 crore from March 7, 2019 according to hdfcbank.com:
ICICI Bank
The following FD interest rates are applicable on deposits below Rs. 2 crore according to icicibank.com:
Axis Bank
Given below are the latest interest rates paid by Axis Bank on fixed deposits (FD) up to Rs 2 crore, according to bank's website- axisbank.com
Bandhan Bank
Given below are the latest interest rates paid by Bandhan Bank on fixed deposits (FD) up to Rs 2 crore, according to bank's website- bandhanbank.com
Small finance banks (SFBs), meanwhile, offer higher interest rates on FDs as compared to the mainstream peers.
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