Fixed deposits are popular as they are safe investment bets with assured returns. If you are looking to open a fixed deposit account, take a look at the interest rates offered by prominent foreign banks under Rs. 1 crore.
| Bank | <1 Year | >=1 to <=2 | 2 to <=3 | 3 to <=5 |
| Citi Bank | 3 | 3.25 | 4 | 4 |
| DBS Bank | 4.75 | 5.15 | 5.3 | 5.5 |
| Deutsche Bank | n | 5 | 5.25 | 7 |
| HSBC | 3.25 | 4 | 3.75 | 4 |
| Scotia Bank | 2.35 | 2.55 | 2.55 | 2.7 |
| Standard Chartered | 6.1 | 6.3 | 6.2 | 6 |
Data as on respective banks’ website on 30 June 2020. For each year range, the maximum offered interest rate is considered; interest rate is for a normal fixed deposit amount below Rs. 1 crore. Compiled By BankBazaar.com, a neutral online marketplace for loans and credit cards.