Fixed Deposit (FD) Interest Rates Of State Bank Of India (SBI), ICICI Bank, HDFC Bank, Axis Bank
Fixed Deposit, also called Term Deposit is an investment where the interest rate is guaranteed not to change for the nominated term. It is one of the most popular investment options. State Bank of India (SBI) offers fixed deposit (FD) maturity options of up to 10 years. On retail deposits below Rs 1 crore, SBI hiked interest rate on FDs by up to 50 basis points which means effective February 28, 2018, SBI is paying an interest rate of 6.5 per cent on bank FDs in maturity bracket of 5 years and up to 10 years, from 6 per cent earlier. Senior citizens get an interest rate of 50 basis points higher of 7 per cent.
SBI fixed deposit (FD) interest rate on retail deposits below Rs 1 crore, as given on the bank's website -Â sbi.co.in:
Â
| Tenors | Existing for Public w.e.f. 01.11.2017 | Revised For Public w.e.f. 28.02.2018 | Existing for Senior Citizens w.e.f. 01.11.2017 | Revised for Senior Citizens w.e.f. 28.02.2018 |
| 7 days to 45 days | 5.25 | 5.75 | 5.75 | 6.25 |
| 46 days to 179 days | 6.25 | 6.25 | 6.75 | 6.75 |
| 180 days to 210 days | 6.25 | 6.35 | 6.75 | 6.85 |
| 211 days to less than 1 year | 6.25 | 6.4 | 6.75 | 6.9 |
| 1 year | 6.25 | 6.4 | 6.75 | 6.9 |
| Above 1 year to 455 days | 6.25 | 6.4 | 6.75 | 6.9 |
| 456 days to less than 2 years | 6.25 | 6.4 | 6.75 | 6.9 |
| 2 years to less than 3 years | 6 | 6.5 | 6.5 | 7 |
| 3 years to less than 5 years | 6 | 6.5 | 6.5 | 7 |
| 5 years and up to 10 years | 6 | 6.5 | 6.5 | 7 |
| Â | Rate of Interest (% p.a.) w.e.f December 11, 2017Â | |
| Tenure Period | General | Senior Citizen (rates applicable only for domestic term deposit) |
| 7 days to 14 days | 4 | 4.5 |
| 15 days to 29 days | 4.25 | 4.75 |
| 30 days to 45 days | 5.5 | 6 |
| 46 days to 60 days | 5.75 | 6.25 |
| 61 days to 90 days | 6 | 6.5 |
| 91 days to 120 days | 6 | 6.5 |
| 121 days to 184 days | 6 | 6.5 |
| 185 days to 289 days | 6.25 | 6.75 |
| 290 days to less than 1 year | 6.5 | 7 |
| 1 year to 389 days | 6.6 | 7.1 |
| 390 days to 2 years | 6.75 | 7.25 |
| 2 years 1 day upto 5 years | 6.5 | 7 |
| 5 years 1 day upto 10 years | 6.5 | 7 |
| 5 Years Tax saver FD(Max upto Rs. 1.50 lac) | 6.5 | 7 |
|  | Less than Rs 1 crore | Rs 1 Crore - Rs 5 crore | ||
| Period | Interest Rate (per annum) | Senior Citizen Rates (per annum) | Interest Rate (per annum) | Senior Citizen Rates (per annum) |
| 7 - 14 days | 3.50% | 4.00% | 4.25% | 4.75% |
| 15 - 29 days | 4.25% | 4.75% | 4.25% | 4.75% |
| 30 - 45 days | 5.50% | 6.00% | 6.00% | 6.50% |
| 46 - 60 days | 5.75% | 6.25% | 6.25% | 6.75% |
| 61 - 90 days | 5.75% | 6.25% | 6.75% | 7.25% |
| 91 days - 6 months | 5.75% | 6.25% | 7.00% | 7.50% |
| 6 mnths 1 day- 6 mnths 3 days | 6.00% | 6.50% | 7.00% | 7.50% |
| 6 mnths 4 days | 6.00% | 6.50% | 7.00% | 7.50% |
| 6 mnths 5 days- 9 mnths | 6.00% | 6.50% | 7.00% | 7.50% |
| 9 mnths 1 day- 9 mnths 3 days | 6.00% | 6.50% | 7.00% | 7.50% |
| 9 mnths 4 days | 6.00% | 6.50% | 7.00% | 7.50% |
| 9 months 5 days - 9 months 15 days | 6.00% | 6.50% | 7.00% | 7.50% |
| 9 months 16 days | 6.25% | 6.75% | 7.00% | 7.50% |
| 9 months 17 days < 1 Year | 6.25% | 6.75% | 7.00% | 7.50% |
| 1 Year | 6.75% | 7.25% | 4.90% | 5.40% |
| 1 year 1 day - 1 year 3 days | 6.75% | 7.25% | 7.00% | 7.50% |
| 1 year 4 days | 6.25% | 6.75% | 7.10% | 7.60% |
| 1 year 5 days - 1 Year 15 Days | 6.25% | 6.75% | 7.00% | 7.50% |
| 1 Year 16 days | 6.25% | 6.75% | 7.00% | 7.50% |
| 1 year 17 days - 2 Years | 6.25% | 6.75% | 7.00% | 7.50% |
| 2 years 1day - 2 Years 15 days | 6.00% | 6.50% | 7.00% | 7.50% |
| 2 Years 16 days | 6.00% | 6.50% | 7.00% | 7.50% |
| 2 years 17 days - 3 Years | 6.00% | 6.50% | 7.00% | 7.50% |
| 3 years 1day - 5 years | 6.00% | 6.50% | 7.00% | 7.50% |
| 5 Years 1 Day - 8 Years | 6.00% | 6.50% | 4.85% | 5.35% |
| 8 Years 1 Day - 10 Years | 6.00% | 6.50% | 4.85% | 5.35% |
| Serial No. | Period | Interest rates (% P.A.) | Â |
| Â | Â | Interest rate on deposits below Rs 1 crore | Interest rates on deposits of Rs 1 crore-Rs 5 crore |
| 1 | 7 days to 14 days | 3.5 | 5.5 |
| 2 | 15 days to 29 days | 3.5 | 5.5 |
| 3 | 30 days to 45 days | 5.5 | 5.5 |
| 4 | 46 days to 60 days | 6 | 6.3 |
| 5 | 61 days < 3 months | 6 | 6.5 |
| 6 | 3 months < 4 months | 6 | 6.7 |
| 7 | 4 months < 5 months | 6 | 6.7 |
| 8 | 5 months < 6 months | 6 | 6.7 |
| 9 | 6 months < 7 months | 6.25 | 6.7 |
| 10 | 7 months < 8 months | 6.25 | 6.7 |
| 11 | 8 months < 9 months | 6.25 | 6.7 |
| 12 | 9 months < 10 months | 6.5 | 6.7 |
| 13 | 10 months < 11 months | 6.5 | 6.7 |
| 14 | 11 months < 1 year | 6.5 | 6.7 |
| 15 | 1 year < 13 months | 6.75 | 6.85 |
| 16 | 13 months < 14 months | 6.75 | 6.85 |
| 17 | 14 months < 15 months | 6.75 | 6.85 |
| 18 | 15 months < 16 months | 6.75 | 6.85 |
| 19 | 16 months < 17 months | 6.75 | 6.85 |
| 20 | 17 months < 18 months | 6.9 | 6.9 |
| 21 | 18 Months < 2 years | 6.9 | 6.9 |
| 22 | 2 years < 30 months | 6.9 | 6.9 |
| 23 | 30 months < 3 years | 6.9 | 6.5 |
| 24 | 3 years < 5 years | 6.9 | 6.5 |
| 25 | 5 years to 10 years | 6.9 | 6.5 |
| Serial No. | Period | Interest rates (% P.A.) | Â |
|  |  | Interest rate on deposits below Rs 1 crore | Interest rates on deposits of Rs 1 crore-Rs 5 crore |
| 1 | 7 days to 14 days | 3.5 | 5.5 |
| 2 | 15 days to 29 days | 3.5 | 5.5 |
| 3 | 30 days to 45 days | 5.5 | 5.5 |
| 4 | 46 days to 60 days | 6 | 6.3 |
| 5 | 61 days < 3 months | 6 | 6.5 |
| 6 | 3 months < 4 months | 6 | 6.7 |
| 7 | 4 months < 5 months | 6 | 6.7 |
| 8 | 5 months < 6 months | 6 | 6.7 |
| 9 | 6 months < 7 months | 6.5 | 6.95 |
| 10 | 7 months < 8 months | 6.5 | 6.95 |
| 11 | 8 months < 9 months | 6.5 | 6.95 |
| 12 | 9 months < 10 months | 6.75 | 6.95 |
| 13 | 10 months < 11 months | 6.75 | 6.95 |
| 14 | 11 months < 1 year | 6.75 | 6.95 |
| 15 | 1 year < 13 months | 7.4 | 7.5 |
| 16 | 13 months < 14 months | 7.4 | 7.5 |
| 17 | 14 months < 15 months | 7.4 | 7.5 |
| 18 | 15 months < 16 months | 7.4 | 7.5 |
| 19 | 16 months < 17 months | 7.4 | 7.5 |
| 20 | 17 months < 18 months | 7.55 | 7.55 |
| 21 | 18 Months < 2 years | 7.55 | 7.55 |
| 22 | 2 years < 30 months | 7.55 | 7.55 |
| 23 | 30 months < 3 years | 7.4 | 7 |
| 24 | 3 years < 5 years | 7.4 | 7 |
| 25 | 5 years to 10 years | 7.4 | 7 |
-
Indians Are Travelling, But Not Every Journey Is A Holiday | The Week In Whys
Pilgrims, patients and working women are the real travellers, and the system hasn't quite caught up with them.
-
Getting To Work Costs Women More | The Reason Why
It is not just about women paying more than men. It is about women paying much more in cities than in villages.
-
AI Bias In Investing Cannot Be Eliminated, But It Can Be Governed
Framing is a particularly important example as identical financial information presented in terms of gains rather than losses can lead an LLM to reach a different assessment.
-
Joining The Dots | Dark Skies, Steady Diya: Why Hope Holds This Diwali
With war, a weak rupee and foreign outflows weighing on sentiment, policymakers at the NDTV World Summit and market veterans at NDTV Profit Ignite: Diwali Edition offered the same advice: stay invested and filter out the noise.
-
The Curious Case of Equitas Small Finance Bank And A CEO Who Quit For Stock
PN Vasudevan believes persistent investor concerns over a perceived conflict of interest had become a governance overhang on Equitas Small Finance Bank's stock, even as the lender improved profitability and asset quality.
-
Talking Points This Week: AI Cash Burn, A Tiger Comeback And An India That Still Finds Its Own Path
India is not immune to higher oil or tighter global liquidity, yet its earnings base is broader, its domestic policy levers are still available.
-
Foreign Investors Own Half Of HDFC Bank and ICICI Bank. An LTCG Cut Could Matter Most Here
Foreign portfolio investors have US$115 billion parked in HDFC Bank, ICICI Bank. If the government cuts long-term capital gains tax, Jefferies says returning foreign money could land here first.
-
'Never Seen This Level Of Negativity': Sandeep Tandon Says The Next Rally May Be Closer Than You Think
Veteran investor Sandeep Tandon says foreign selling is easing, large-caps are due a comeback and mid-caps are crowded, while he turns positive on gold, power and pharma this Diwali.
-
Indians Stay With Family, Not In Hotels | The Reason Why
India still lacks enough clean, reliable and affordable hotels for budget-conscious travellers.
-
The Economic Imperative: Analysing The Material Driving Force Behind India-Canada Strategic Reset
This economic complementarity is further reinforced by deep institutional investment ties and talent mobility, which form the bedrock of the bilateral framework.
