India Markets closed

Fixed Deposit Interest Rates: Here Is What Banks Are Offering

Team BankBazaar


Fixed deposits are immensely popular with people as they are safe investment bets and returns are guaranteed. Many public and private sector banks have recently revised their fixed deposit rates for select tenures. In case you are looking to open a fixed deposit account in the rising rate scenario, then this is what prominent banks are offering for deposits under Rs. 1 crore.

BANK FD INTEREST RATES
           
           
Bank  <1 Year
>=1 to <=2 Years W.E.F
FOREIGN
Citi Bank 7 7.25 30-Nov-18
DBS Bank 6.1 7 07-Jul-18
Deutsche Bank 6.5 8 23-Oct-18
HSBC 6 6.25 07-Jun-18
Scotia Bank 4 4.5 01-Apr-17
StanChart 7 7.5 30-Nov-18
INDIAN- PUBLIC SECTOR BANKS
Allahabad Bank 6.5 6.75 01-Dec-18
Andhra Bank 6.6 6.8 10-Sep-18
Bank of Mah 6 6.5 13-Aug-18
BOB 6.5 6.85 01-Nov-18
BOI 6.25 6.7 07-Sep-18
Canara Bank 6.4 7.1 01-Nov-18
CBOI 6.5 6.6 26-Apr-17
Corp Bank 6.35 6.8 16-Nov-18
Dena Bank 6.25 6.75 03-Sep-18
IDBI Bank 6.5 7.05 21-Nov-18
Indian Bank 6.5 6.75 06-Aug-18
IOB 6.25 6.6 05-Apr-18
OBC 6.5 7 05-Nov-18
PNB 6.35 6.85 01-Nov-18
Punjab & Sind 6.4 7 23-Nov-18
SBI 6.4 6.8 28-Nov-18
Syndicate Bank 6.35 6.8 11-Jul-18
UCO Bank 6.35 6.75 10-Sep-18
Union Bank 6.75 6.75 28-Nov-18
United Bank 6 6.25 05-Jul-18
Vijaya Bank 6.6 6.8 12-Nov-18
INDIAN- PRIVATE SECTOR BANKS
Axis Bank 7.1 7.5 22-Nov-18
Bandhan Bank 6.8 7.55 09-Oct-18
Catholic Syrian 6.5 7 29-Oct-18
CUB 7 7.35 26-Sep-18
DCB 7 8.05 06-Nov-18
Dhanlaxmi Bank 6.5 7.25 14-Nov-18
Federal Bank 6.5 7.5 17-Nov-18
HDFC Bank 7.1 7.3 06-Nov-18
ICICI Bank 6.75 7.1 15-Nov-18
IDFC Bank 7 7.5 03-Jul-18
IndusInd Bank 7.5 8 05-Oct-18
J & K Bank 7.05 7.3 11-Nov-18
Karnataka Bank 6.5 7.4 01-Nov-18
Kotak Bank 7 7.3 15-Nov-18
KVB 6.9 7.25 07-Nov-18
LVB 7.3 8 03-Nov-18
RBL Bank 7.35 8 25-Oct-18
SIB 6.9 7.6 22-Oct-18
TMB 7 7.4 01-Oct-18
TNSC Bank 6.65 6.8 14-Sep-18
Yes Bank 7 7.85 17-Oct-18
Data taken from respective bank’s website as on 30 Nov 18
For each year range, maximum offered interest rate is considered; Interest Rate for normal fixed deposit amount below Rs 1 Cr

BankBazaar.com is a leading online marketplace in India that helps consumers compare and apply for credit card, personal loan, home loan, car loan, and insurance.