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Banks Offering FD Interest Rates Upto 8%. Which One Will You Pick?

Team BankBazaar

Fixed deposits are immensely popular with people as they are safe investment bets and returns are guaranteed. In case you are looking to open a fixed deposit account, this is what prominent banks are offering for deposits under Rs. 1 crore.

BANK FD INTEREST RATES
           
           
Bank <1 Year >=1 to <=2 2 to <=3 3 to <=5 W.E.F
FOREIGN
Citi Bank 5.5 6 6 6 19-Jul-19
DBS Bank 6.75 7.5 7 7 30-Mar-19
Deutsche Bank 6.5 7.35 7 8 25-Jun-19
HSBC 6 6.25 6.25 6.25 17-Jul-19
Scotia Bank 4 4.5 4.5 5 01-Apr-17
StanChart 7 7.3 7 6.5 19-Jul-19
INDIAN: PUBLIC SECTOR
Allahabad Bank 6.75 6.75 6.6 6.5 01-Apr-19
Andhra Bank 6.6 6.8 6.75 6.75 02-Mar-19
Bank of Mah 6 6.5 6.5 6.25 07-Apr-19
BOB 6.5 7 6.7 6.7 21-Jun-19
BOI 6.25 6.75 6.7 6.5 10-Apr-19
Canara Bank 6.7 6.7 6.4 6.4 04-Jul-19
CBOI 6.5 6.65 6.45 6.45 25-Jun-19
Corp Bank 6.35 7 6.5 6.5 15-May-19
Dena Bank NA NA NA NA NA
IDBI Bank 6.5 7.1 6.9 6.85 19-Jul-19
Indian Bank 6.5 6.75 6.75 6.9 08-Apr-19
IOB 6.25 6.6 6.75 6.8 01-Mar-19
OBC 6.5 6.85 6.75 6.75 11-Jun-19
PNB 6.75 6.85 6.75 6.25 01-Jul-19
Punjab & Sind 6.4 6.85 6.75 6.55 16-Jul-19
SBI 6.4 7 6.75 6.7 09-May-19
Syndicate Bank 6.35 7.05 7.15 7.15 05-Mar-19
UCO Bank 6.35 6.6 6.5 6.5 11-Mar-19
Union Bank 6.75 6.75 6.6 6.7 27-Feb-19
United Bank 6 6.5 6.25 6 05-Mar-19
Vijaya Bank NA NA NA NA NA
INDIAN: PRIVATE SECTOR
Axis Bank 7 7.3 7.3 7.25 10-Jul-19
Bandhan Bank 6.8 7.65 7.65 7.65 18-Jun-19
Catholic Syrian 6.5 7 6.75 6.5 07-Mar-19
CUB 7 7.35 7 7 10-Jun-19
DCB 7 8 8.25 7.75 02-Jul-19
Dhanlaxmi Bank 6.5 7 6.5 6.5 01-Jul-19
Federal Bank 6.8 7.25 7.25 7.25 16-Jul-19
HDFC Bank 7.1 7.3 7.4 7.25 24-Jun-19
ICICI Bank 6.75 7 7.3 7.25 17-Jun-19
IDFC First Bank 7 8.5 7.5 7.5 01-Jul-19
IndusInd Bank 7.25 7.75 7.75 7.5 NA
J & K Bank 7.1 7.3 7.3 7.3 11-Jun-19
Karnataka Bank 6.5 7.2 7 7 06-Jun-19
Kotak Bank 7 7 7 6.9 19-Jul-19
KVB 6.6 7.1 7.05 7 01-Jul-19
LVB 7.75 8.4 7.85 7.85 25-May-19
RBL Bank 7.25 8 8 7.6 14-Jun-19
SIB 6.5 7.4 7.45 7.25 20-Apr-19
TMB 6.8 7.25 7 6.9 08-Apr-19
TNSC Bank 6.75 7.3 6.75 6.75 15-Mar-19
Yes Bank 7.15 7.75 7.75 7.25 24-Jun-19
Small Finance Banks
AU Small Finance Bank 7.01 7.87 8.1 7.77 15-Apr-19
Equitas Small Finance Bank 7.5 8.2 8.3 7 08-Jul-19
Fincare Small Finance Bank 7 8.75 9 8 NA
Jana Small Finance Bank 8.25 8.6 8.5 8 21-Jun-19
Suryoday Small Finance Bank 7.75 8.5 8.75 8.25 01-Jul-19
Ujjivan Small Finance Bank 7.5 8.3 8.6 7 27-Feb-19
Data taken from respective bank’s website as on 19 Jul 19
For each year range, maximum offered interest rate is considered; Interest Rate for normal fixed deposit amount below Rs 1 Cr
Compiled by BankBazaar.com

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