Fixed Deposit Interest Rates: SBI Vs HDFC Bank Vs ICICI Bank Vs Axis Bank

Fixed deposits (FDs) are secure financial instruments, which offer guaranteed returns. FD interest rates vary according to the tenure of the fixed deposit and across banks. In a fixed deposit account, money is deposited for a specific time, which varies from 7 days to ten years. Fixed deposits also offer higher interest rates than savings accounts. Some fixed deposits come with a premature withdrawal facility while some require a compulsory lock-in period. .Axis Bank is the latest lender to revise its fixed deposit or FD interest rates with effect from September 10..Here is a comparison of fixed deposit (FD) interest rates offered by State Bank of India (SBI), HDFC Bank, ICICI Bank and Axis Bank:.Axis Bank fixed deposit interest rates .The following FD interest rates are with effect from 10.8.2018 according to axisbank.com:.table { border-top: solid 1px #ccc; border-left: solid 1px #ccc; border-right: solid 1px #ccc; font-size: 16px; } table th { background-color: #f5f5f5; padding: 5px 10px; border-bottom: solid 1px #ccc; border-right: solid 1px #ccc; } table td { border-bottom: solid 1px #ccc; border-right: solid 1px #ccc; padding: 5px 10px; line-height: 18px; } table td:last-child, table th:last-child { border-right: none; } /*Media Query start*/ @media only screen and (max-width: 760px), (min-device-width: 768px) and (max-device-width: 1024px) { /* Force table to not be like tables anymore */ table, thead, tbody, th, td, tr { font-size: 14px; } } /* Smartphones (portrait and landscape) ----------- */ @media only screen and (min-device-width : 320px) and (max-device-width : 480px) { body { padding: 0; margin: 0; } table, thead, tbody, th, td, tr { font-size: 14px; } table th { padding: 4px; } table td { padding: 4px; } table th:nth-child(), table td:nth-child() { display: none; } } /* iPads (portrait and landscape) ----------- */ @media only screen and (min-device-width: 768px) and (max-device-width: 1024px) { body { width: 495px; } } /*Media Query END*/ . PERIOD INTEREST RATES (% P.A.) Deposits less than Rs 1 crore General Senior citizens 7 days to 14 days 3.5 3.5 15 days to 29 days 3.5 3.5 30 days to 45 days 5.5 5.5 46 days to 60 days 6.25 6.25 61 days < 3 months 6.25 6.25 3 months < 4 months 6.25 6.25 4 months < 5 months 6.25 6.25 5 months < 6 months 6.25 6.25 6 months < 7 months 6.75 7 7 months < 8 months 6.75 7 8 months < 9 months 6.75 7 9 months < 10 months 7 7.25 10 months < 11 months 7 7.25 11 months < 1 year 7 7.25 1 year < 1 year 5 days 7.25 7.9 1 year 5 days < 1 year 11 days 7.25 7.9 1 year 11 days < 13 months 7.25 7.9 13 months < 14 months 7.3 7.95 14 months < 15 months 7.25 7.9 15 months < 16 months 7.25 7.9 16 months < 17 months 7.25 7.9 17 months < 18 months 7.25 7.9 18 Months < 2 years 7.25 7.9 2 years < 30 months 7.25 7.9 30 months < 3 years 7.25 7.75 3 years < 5 years 7.25 7.75 5 years to 10 years 7 7.5 .Fixed deposit (FD) rates offered by State Bank of India (Below Rs. 1 crore).Revised from July 30, 2018 according to sbi.co.in:.table { border-top: solid 1px #ccc; border-left: solid 1px #ccc; border-right: solid 1px #ccc; font-size: 16px; } table th { background-color: #f5f5f5; padding: 5px 10px; border-bottom: solid 1px #ccc; border-right: solid 1px #ccc; } table td { border-bottom: solid 1px #ccc; border-right: solid 1px #ccc; padding: 5px 10px; line-height: 18px; } table td:last-child, table th:last-child { border-right: none; } /*Media Query start*/ @media only screen and (max-width: 760px), (min-device-width: 768px) and (max-device-width: 1024px) { /* Force table to not be like tables anymore */ table, thead, tbody, th, td, tr { font-size: 14px; } } /* Smartphones (portrait and landscape) ----------- */ @media only screen and (min-device-width : 320px) and (max-device-width : 480px) { body { padding: 0; margin: 0; } table, thead, tbody, th, td, tr { font-size: 14px; } table th { padding: 4px; } table td { padding: 4px; } table th:nth-child(2), table td:nth-child(2), table th:nth-child(4), table td:nth-child(4) { display: none; } } /* iPads (portrait and landscape) ----------- */ @media only screen and (min-device-width: 768px) and (max-device-width: 1024px) { body { width: 495px; } } /*Media Query END*/ . Term Interest rate for general public w.e.f. 30.07.2018 Interest rate for senior citizens w.e.f. 30.07.2018 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 6.7 7.2 2 years to less than 3 years 6.75 7.25 3 years to less than 5 years 6.8 7.3 5 years and up to 10 years 6.85 7.35 .FD interest rates offered by ICICI Bank on domestic, NRO & NRE deposits (less than Rs 1 crore).The following FD interest rates are from icicibank.com:. table { border-top: solid 1px #ccc; border-left: solid 1px #ccc; border-right: solid 1px #ccc; font-size: 16px; } table th { background-color: #f5f5f5; padding: 5px 10px; border-bottom: solid 1px #ccc; border-right: solid 1px #ccc; } table td { border-bottom: solid 1px #ccc; border-right: solid 1px #ccc; padding: 5px 10px; line-height: 18px; } table td:last-child, table th:last-child { border-right: none; } /*Media Query start*/ @media only screen and (max-width: 760px), (min-device-width: 768px) and (max-device-width: 1024px) { /* Force table to not be like tables anymore */ table, thead, tbody, th, td, tr { font-size: 14px; } } /* Smartphones (portrait and landscape) ----------- */ @media only screen and (min-device-width : 320px) and (max-device-width : 480px) { body { padding: 0; margin: 0; } table, thead, tbody, th, td, tr { font-size: 14px; } table th { padding: 4px; } table td { padding: 4px; } table th:nth-child(1), table td:nth-child(1), table th:nth-child(6), table td:nth-child(6) { display: none; } } /* iPads (portrait and landscape) ----------- */ @media only screen and (min-device-width: 768px) and (max-device-width: 1024px) { body { width: 495px; } } /*Media Query END*/ . Tenure Period Rate of Interest (% p.a.) w.e.f August 14, 2018 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 6.5 7 290 days to less than 1 year 6.75 7.25 1 year to 389 days 6.75 7.25 390 days to 2 years 7 7.5 2 years 1 day upto 5 years 7.25 7.75 5 years 1 day upto 10 years 7 7.5 5 Years Tax saver FD(Max upto Rs. 1.50 lac) 7.25 7.75 .FD interest rates offered by HDFC Bank applicable from August 6, 2018 for deposits below Rs 1 crore.The following FD interest rates are from hdfcbank.com:.table { border-top: solid 1px #ccc; border-left: solid 1px #ccc; border-right: solid 1px #ccc; font-size: 16px; } table th { background-color: #f5f5f5; padding: 5px 10px; border-bottom: solid 1px #ccc; border-right: solid 1px #ccc; } table td { border-bottom: solid 1px #ccc; border-right: solid 1px #ccc; padding: 5px 10px; line-height: 20px; } table td:last-child, table th:last-child { } /*Media Query start*/ @media only screen and (max-width: 760px), (min-device-width: 768px) and (max-device-width: 1024px) { /* Force table to not be like tables anymore */ table, thead, tbody, th, td, tr { font-size: 14px; } } /* Smartphones (portrait and landscape) ----------- */ @media only screen and (min-device-width : 320px) and (max-device-width : 480px) { body { padding: 0; margin: 0; width: 320px; } table, thead, tbody, th, td, tr { font-size: 14px; } table th { padding: 4px; } table td { padding: 4px; } } /* iPads (portrait and landscape) ----------- */ @media only screen and (min-device-width: 768px) and (max-device-width: 1024px) { body { width: 495px; } } /*Media Query END*/ . Period < 1 Crore 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 mnths 1 day- 6 mnths 3 days 6.75% 7.25% 6 mnths 4 days 6.75% 7.25% 6 mnths 5 days- 9 mnths 6.75% 7.25% 9 mnths 1 day- 9 mnths 3 days 7.00% 7.50% 9 mnths 4 days 7.00% 7.50% 9 months 5 days - 9 months 15 days 7.00% 7.50% 9 months 16 days 7.00% 7.50% 9 months 17 days < 1 Year 7.00% 7.50% 1 Year 7.25% 7.75% 1 year 1 day - 1 year 3 days 7.25% 7.75% 1 year 4 days 7.25% 7.75% 1 year 5 days - 1 Year 15 Days 7.25% 7.75% 1 Year 16 days 7.25% 7.75% 1 year 17 days - 2 Years 7.25% 7.75% 2 years 1day - 2 Years 15 days 7.10% 7.60% 2 Years 16 days 7.10% 7.60% 2 years 17 days - 3 Years 7.10% 7.60% 3 years 1day - 5 years 7.10% 7.60% 5 Years 1 Day - 8 Years 6.00% 6.50% 8 Years 1 Day - 10 Years 6.00% 6.50% .The fixed deposit accounts which have a lock-in period of five or 10 years also offer income tax benefit under Section 80C of the Income Tax Act..table { border-top: solid 1px #ccc; border-left: solid 1px #ccc; border-right: solid 1px #ccc; font-size: 16px; } table th { background-color: #f5f5f5; padding: 5px 10px; border-bottom: solid 1px #ccc; border-right: solid 1px #ccc; } table td { border-bottom: solid 1px #ccc; border-right: solid 1px #ccc; padding: 5px 10px; line-height:20px; } table td:last-child, table th:last-child { border-right: none; } /*Media Query start*/ @media only screen and (max-width: 760px), (min-device-width: 768px) and (max-device-width: 1024px) { /* Force table to not be like tables anymore */ table, thead, tbody, th, td, tr { font-size:14px; } } /* Smartphones (portrait and landscape) ----------- */ @media only screen and (min-device-width : 320px) and (max-device-width : 480px) { body { padding: 0; margin: 0; } table, thead, tbody, th, td, tr { font-size:14px; } table th {padding:4px;} table td {padding:4px;} } /* iPads (portrait and landscape) ----------- */ @media only screen and (min-device-width: 768px) and (max-device-width: 1024px) { body { width: 495px; } } /*Media Query END*/

Fixed Deposit Interest Rates: SBI Vs HDFC Bank Vs ICICI Bank Vs Axis Bank

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