Here Are Fixed Deposit (FD) Interest Rates Paid By Top Banks

Major commercial banks today offer a variety of maturity options and interest rates in fixed deposit accounts. In a fixed deposit account, the money is deposited for a specific period of time, known as maturity or lock-in. This term ranges from seven days to ten years. Some fixed deposits come with a premature withdrawal facility while others require a compulsory lock-in period. Banks often pay higher interest rates on fixed deposits to senior citizens compared with the general public. .Given below is a comparison of fixed deposit (FD) interest rates paid by SBI, HDFC Bank, ICICI Bank and Punjab National Bank (PNB) on deposits up to Rs 2 crore:.State Bank of India (SBI).The following FD interest rates are applicable on deposits up to Rs 2 crore, according to sbi.co.in:.table.sbiTab1 { border-top: solid 1px #ccc; border-left: solid 1px #ccc; border-right: solid 1px #ccc; font-size: 14px; margin: 10px 0px; } table.sbiTab1 th { background-color: #f5f5f5; padding: 5px 10px; border-bottom: solid 1px #ccc; border-right: solid 1px #ccc; } table.sbiTab1 td { border-bottom: solid 1px #ccc; border-right: solid 1px #ccc; padding: 5px 10px; } table.sbiTab1 th:nth-child(1), table.sbiTab1 td:nth-child(1) { } table.sbiTab1 th:last-child, table.sbiTab1 td:last-child { border-right: 0; } @media only screen and (max-device-width: 480px) and (min-device-width: 320px) { table.sbiTab1 { max-width: 100%; } table.sbiTab1 th, table.sbiTab1 td, table.sbiTab1 th:nth-child(n+1), table.sbiTab1 td:nth-child(n+1) { display: table-cell; line-height: normal; } table.sbiTab1 th:last-child, table.sbiTab1 td:last-child { border-right: 0; } . Tenors Revised For Public w.e.f. 22.02.2019 Revised for Senior Citizens w.e.f. 22.02.2019 7 days to 45 days 5.75% 6.25% 46 days to 179 days 6.25% 6.75% 180 days to 210 days 6.35% 6.85% 211 days to less than 1 year 6.4% 6.9% 1 year to less than 2 year 6.8% 7.3% 2 years to less than 3 years 6.8% 7.3% 3 years to less than 5 years 6.8% 7.3% 5 years and up to 10 years 6.85% 7.35% (Source: sbi.co.in) .HDFC Bank.The following FD interest rates are applicable on deposits up to Rs 2 crore from March 7, 2019, according to bank's website- hdfcbank.com:.table.hdfc_table { border-top: solid 1px #ccc; border-left: solid 1px #ccc; border-right: solid 1px #ccc; } table.hdfc_table th { background-color: #f5f5f5; padding: 5px 10px; border-bottom: solid 1px #ccc; border-right: solid 1px #ccc; text-align: center; } table.hdfc_table td { border-bottom: solid 1px #ccc; border-right: solid 1px #ccc; padding: 5px 10px; text-align: center; } table.hdfc_table th:nth-child(1), table.hdfc_table td:nth-child(1) { width: 40%; text-align: left; } table.hdfc_table th:last-child, table.hdfc_table td:last-child { border-right: 0; } @media only screen and (max-device-width: 480px) and (min-device-width: 320px) { table.hdfc_table { display: table; min-width: 280px; max-width: 100%; font-size: 14px; } table.hdfc_table th, table.hdfc_table td, table.hdfc_table th:nth-child(n+1), table.hdfc_table td:nth-child(n+1) { display: table-cell; line-height: normal; } table.hdfc_table th:last-child, table.hdfc_table td:last-child { border-right: 0; } } . Period Interest Rate (per annum) Senior Citizen Rates (per annum) 7 - 14 days 3.50% 4.00% 15 - 29 days 4.25% 4.75% 30 - 45 days 5.75% 6.25% 46 - 60 days 6.25% 6.75% 61 - 90 days 6.25% 6.75% 91 days - 6 months 6.25% 6.75% 6 months 1 day- 6 months 3 days 6.75% 7.25% 6 months 4 days 6.75% 7.25% 6 months 5 days- 9 months 6.75% 7.25% 9 months 1 day- 9 months 3 days 7.10% 7.60% 9 months 4 days 7.10% 7.60% 9 months 5 days - 9 months 15 days 7.10% 7.60% 9 months 16 days 7.10% 7.60% 9 months 17 days < 1 Year 7.10% 7.60% 1 Year 7.30% 7.80% 1 year 1 day - 1 year 3 days 7.30% 7.80% 1 year 4 days 7.30% 7.80% 1 year 5 days - 1 Year 15 Days 7.30% 7.80% 1 Year 16 days 7.30% 7.80% 1 year 17 days - 2 Years 7.30% 7.80% 2 years 1 day - 2 Years 15 days 7.40% 7.90% 2 Years 16 days 7.40% 7.90% 2 years 17 days - 3 Years 7.40% 7.90% 3 years 1 day - 5 years 7.25% 7.75% 5 Years 1 Day - 8 Years 6.50% 7.00% 8 Years 1 Day - 10 Years 6.50% 7.00% .ICICI Bank.The following FD interest rates are applicable on deposits up to Rs 2 crore, according to bank's website- icicibank.com:.table.icici_table { border-top: solid 1px #ccc; border-left: solid 1px #ccc; border-right: solid 1px #ccc; } table.icici_table th { background-color: #f5f5f5; padding: 5px 10px; border-bottom: solid 1px #ccc; border-right: solid 1px #ccc; text-align: center; } table.icici_table td { border-bottom: solid 1px #ccc; border-right: solid 1px #ccc; padding: 5px 10px; text-align: center; } table.icici_table th:nth-child(1), table.icici_table td:nth-child(1) { width: 40%; text-align: left; } table.icici_table th:last-child, table.icici_table td:last-child { border-right: 0; } @media only screen and (max-device-width: 480px) and (min-device-width: 320px) { table.icici_table { display: table; min-width: 280px; max-width: 100%; font-size: 14px; } table.icici_table th, table.icici_table td, table.icici_table th:nth-child(n+1), table.icici_table td:nth-child(n+1) { display: table-cell; line-height: normal; } table.icici_table th:last-child, table.icici_table td:last-child { border-right: 0; } } . Rate of Interest applicable from March 7, 2019 Tenure Period General Senior Citizen 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 6 6.5 61 days to 90 days 6.25 6.75 91 days to 120 days 6.25 6.75 121 days to 184 days 6.25 6.75 185 days to 289 days 6.5 7 290 days to less than 1 year 6.75 7.25 1 year to 389 days 6.9 7.4 390 days to 2 years 7.1 7.6 2 years 1 day up to 3 years 7.5 8 3 years 1 day up to 5 years 7.25 7.75 5 years 1 day up to 10 years 7 7.5 5 Years Tax saver FD(Max upto Rs. 1.50 lac) 7.25 7.75 .Punjab National Bank (PNB).The following FD interest rates are applicable on deposits up to Rs 2 crore with effect from March 1, 2019, according to the bank's website - pnbindia.in:.table.pnb1 { border-top: solid 1px #ccc; border-left: solid 1px #ccc; border-right: solid 1px #ccc; } table.pnb1 th { background-color: #f5f5f5; padding: 5px 10px; border-bottom: solid 1px #ccc; border-right: solid 1px #ccc; text-align: center; } table.pnb1 td { border-bottom: solid 1px #ccc; border-right: solid 1px #ccc; padding: 5px 10px; text-align: center; } table.pnb1 th:last-child, table.pnb1 td:last-child { border-right: 0; } @media only screen and (max-device-width: 480px) and (min-device-width: 320px) { table.pnb1 { display: table; min-width: 280px; max-width: 100%; font-size: 14px; } table.pnb1 th, table.pnb1 td, table.pnb1 th:nth-child(n+1), table.pnb1 td:nth-child(n+1) { display: table-cell; line-height: normal; } } } . Period General public (% p.a.) Senior citizen (% p.a.) 7 to 14 days 5.75 6.25 15 to 29 days 5.75 6.25 30 to 45 days 5.75 6.25 46 to 90 days 6.35 6.85 91 to 179 days 6.35 6.85 111 days 6.5 7 180 days to 270 Days 6.35 6.85 222 days 6.6 7.1 271 days to less than 1 year 6.35 6.85 333 days 7.1 7.6 1 year 6.75 7.25 555 days 6.85 7.35 above 1 year & up to 3 years 6.75 7.25 above 3 year & up to 5 years 6.25 6.75 above 5 years & up to 10 years 6.25 6.75 .Small finance banks, on the other hand, often pay higher returns on term deposits - or fixed deposits (FD) - compared to the private and public sector commercial banks.

Here Are Fixed Deposit (FD) Interest Rates Paid By Top Banks

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