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Check The Latest Interest Rates On 1 Year, 2 Years Fixed Deposit Of Private Banks

·1-min read
Photo by maitree rimthong from Pexels
Photo by maitree rimthong from Pexels

Fixed deposit is one of the popular investment options in our country, especially for risk-averse investors because it offers assured returns and high liquidity. The tenure for FD investment normally ranges from 7 days to 10 years. You can choose the tenure as per your liquidity requirement. In case you are planning to invest in a FD, take a look at the latest fixed deposit interest rates of private banks.

Bank

<1
year

1 to 2
years

Axis Bank

4.4

5.4

Bandhan Bank

5.25

5.75

Catholic Syrian

4.25

5

City Union Bank

5

5.75

DCB Bank

5.95

6.7

Dhanlaxmi Bank

4.5

5.3

Federal Bank

4.4

5.5

HDFC Bank

4.4

4.9

ICICI Bank

4.4

5

IDFC First Bank

5.25

5.5

IndusInd Bank

6

6.5

J & K Bank

4.5

5.1

Karnataka Bank

5.2

5.3

Kotak Bank

4.4

5

Karur Vysya Bank

5

5.5

RBL Bank

5.5

6.25

South Indian Bank

4.75

5.4

Tamilnad Mercantile Bank

5.25

5.75

TNSC Bank

5.75

6

Yes Bank

5.5

6.25

Data as on respective banks’ website on May 14 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.

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