SBI, Axis Bank Hike Fixed Deposit (FD) Interest Rates; What ICICI Bank, HDFC Bank Offer

Axis Bank has revised its fixed deposit (FD) interest rates with effect from June 1, 2018, following in the foot steps of State Bank of India (SBI) which hiked its FD interest rates effective May 28, 2018. Since SBI is the largest lender of the country, other banks may also follow the league. ICICI Bank has not hiked its interest rates since December 11, 2017. HDFC Bank hiked its fixed deposit interest rates in April-end. Given below are fixed deposit interest rates offered by SBI, ICICI Bank, HDFC Bank and Axis Bank: Fixed deposit interest rates offered by SBI (All figures in % per annum) . Tenors Existing for Public w.e.f. 28.03.2018 Revised For Public w.e.f. 28.05.2018 Existing for Senior Citizens w.e.f. 28.03.2018 Revised for Senior Citizens w.e.f. 28.05.2018 7 days to 45 days 5.75 5.75 6.25 6.25 46 days to 179 days 6.25 6.25 6.75 6.75 180 days to 210 days 6.35 6.35 6.85 6.85 211 days to less than 1 year 6.4 6.4 6.9 6.9 1 year to less than 2 year 6.4 6.65 6.9 7.15 2 years to less than 3 years 6.6 6.65 7.1 7.15 3 years to less than 5 years 6.7 6.7 7.2 7.2 5 years and up to 10 years 6.75 6.75 7.25 7.25 .Fixed deposit interest rates offered by ICICI Bank. Tenure Period Rate of Interest (% p.a.) w.e.f December 11, 2017 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 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 .Fixed deposit interest rates offered by HDFC Bank. Period < 1 Crore Interest Rate **Senior Citizen Rates (per annum) (per annum) 7 - 14 days 3.50% 4.00% 15 - 29 days 4.25% 4.75% 30 - 45 days 5.50% 6.00% 46 - 60 days 5.75% 6.25% 61 - 90 days 5.75% 6.25% 91 days - 6 months 5.75% 6.25% 6 mnths 1 day- 6 mnths 3 days 6.00% 6.50% 6 mnths 4 days 6.00% 6.50% 6 mnths 5 days- 9 mnths 6.00% 6.50% 9 mnths 1 day- 9 mnths 3 days 6.00% 6.50% 9 mnths 4 days 6.00% 6.50% 9 months 5 days - 9 months 15 days 6.00% 6.50% 9 months 16 days 6.25% 6.75% 9 months 17 days < 1 Year 6.25% 6.75% 1 Year 6.85% 7.35% 1 year 1 day - 1 year 3 days 6.50% 7.00% 1 year 4 days 6.25% 6.75% 1 year 5 days - 1 Year 15 Days 6.25% 6.75% 1 Year 16 days 6.25% 6.75% 1 year 17 days - 2 Years 7.00% 7.50% 2 years 1day - 2 Years 15 days 7.00% 7.50% 2 Years 16 days 7.00% 7.50% 2 years 17 days - 3 Years 7.00% 7.50% 3 years 1day - 5 years 7.00% 7.50% 5 Years 1 Day - 8 Years 6.00% 6.50% 8 Years 1 Day - 10 Years 6.00% 6.50% .Fixed deposit interest rates offered by Axis Bank. PERIOD INTEREST RATES (% P.A.) DEPOSITS DEPOSITS OF RS. 1 BELOW RS. 1 CRORE CRORE < RS.5 CRORES 7 days to 14 days 3.5 5.5 15 days to 29 days 3.5 5.5 30 days to 45 days 5.5 6 46 days to 60 days 6 6.3 61 days < 3 months 6 6.5 3 months < 4 months 6 6.75 4 months < 5 months 6 6.75 5 months < 6 months 6 6.75 6 months < 7 months 6.25 6.9 7 months < 8 months 6.25 6.9 8 months < 9 months 6.25 6.9 9 months < 10 months 6.5 6.9 10 months < 11 months 6.5 6.9 11 months < 1 year 6.5 6.9 1 year < 12 months 5 days 7.1 7.3 12 months 5 days < 12 months 11 days 7.4 7.6 12 months 11 days < 13 months 7.1 7.3 13 months < 14 months 7.1 7.3 14 months < 15 months 7 7.25 15 months < 16 months 7 7.25 16 months < 17 months 7 7.25 17 months < 18 months 7 7.25 18 Months < 2 years 7 7.25 2 years < 30 months 7 7.25 30 months < 3 years 7 7.25 3 years < 5 years 7 7 5 years to 10 years 7 7 . PERIOD INTEREST RATES (% P.A.) DEPOSITS DEPOSITS OF RS. I BELOW RS. 1 CRORE CRORE < RS.5 CRORES 7 days to 14 days 3.5 5.5 15 days to 29 days 3.5 5.5 30 days to 45 days 5.5 6 46 days to 60 days 6 6.3 61 days < 3 months 6 6.5 3 months < 4 months 6 6.75 4 months < 5 months 6 6.75 5 months < 6 months 6 6.75 6 months < 7 months 6.5 7.15 7 months < 8 months 6.5 7.15 8 months < 9 months 6.5 7.15 9 months < 10 months 6.75 7.15 10 months < 11 months 6.75 7.15 11 months < 1 year 6.75 7.15 1 yeor < 12 months 5 days 7.75 7.95 12 months 5 days < 12 months 11 days 8.05 8.25 12 months 11 days < 13 months 7.75 7.95 13 months < 14 months 7.75 7.95 14 months < 15 months 7.65 7.9 15 months < 16 months 7.65 7.9 16 months < 17 months 7.65 7.9 17 months < 18 months 7.65 7.9 18 Months < 2 years 7.65 7.9 2 years < 30 months 7.65 7.9 30 months < 3 years 7.5 7.75 3 years < 5 years 7.5 7.5 5 years to 10 years 7.5 7.5 .Post offices.small finance banks

SBI, Axis Bank Hike Fixed Deposit (FD) Interest Rates; What ICICI Bank, HDFC Bank Offer

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