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Fixed Deposit: Check The Latest Interest Rates Offered By Foreign Banks

Team BankBazaar
·1-min read


Fixed deposits (FD) are amongst the most popular investment option as they are the safest financial instrument. Many prominent private and public sector banks have recently revised their interest rates on FDs. You can open an FD account with the public, private, small finance as well as foreign banks. Take a look at interest rates offered by top foreign banks in India.

Bank

<1 Year

>=1 to <=2

2 to <=3

3 to <=5

CitiBank

3%

3.25%

3.75%

3.75%

DBS Bank

3.25%

4.35%

4.7%

5.2%

Deutsche Bank

4%

4.5%

4.75%

6.25%

HSBC

3.25%

4%

3.75%

4%

Scotia Bank

2.35%

2.55%

2.7%

2.7%

Standard Chartered

6.1%

6.3%

6.2%

6%

Data taken from respective bank’s website as on 6 Oct 2020. 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