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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. In case you are looking to open a fixed deposit account, then this is the interest rate prominent banks are offering for deposits under Rs. 1 crore.

Fixed Deposits
BANK <1 Year >=1 to <=2 W.E.F
FOREIGN BANKS
CitiBank 6 7 15-Mar-19
DBS Bank 6.1 7.5 11-Dec-18
Deutsche Bank 6.5 8 11-Mar-19
HSBC 5 6.25 27-Feb-19
Scotia Bank 4 4.5 01-Apr-17
StanChart 7 7.5 15-Mar-19
INDIAN PUBLIC SECTOR BANKS
Allahabad Bank 6.5 6.75 01-Mar-19
Andhra Bank 6.6 6.8 02-Mar-19
Bank of Maharashtra 6 6.5 08-Mar-19
Bank Of Baroda 6.5 7 14-Jan-19
Bank Of India 6.5 7 13-Mar-19
Canara Bank 6.4 7.1 12-Mar-19
CBOI 6.55 6.65 01-Mar-19
Corporation Bank 6.35 6.8 16-Nov-18
Dena Bank 6.25 6.75 01-Dec-18
IDBI Bank 6.5 7.25 04-Mar-19
Indian Bank 6.5 6.75 17-Feb-19
Indian Overseas Bank 6.25 6.6 05-Apr-18
Oriental Bank of Commerce 6.75 7 27-Feb-19
Punjab National Bank 7.1 6.85 01-Mar-19
Punjab & Sind 6.4 7 05-Mar-19
State Bank Of India 6.4 6.8 22-Feb-19
Syndicate Bank 6.35 7.05 05-Mar-19
UCO Bank 6.35 6.6 11-Mar-19
Union Bank 6.75 6.75 27-Feb-19
United Bank 6 6.5 05-Mar-19
Vijaya Bank 6.6 6.8 12-Nov-18
INDIAN- PRIVATE SECTOR BANKS
Axis Bank 7.1 7.35 27-Feb-19
Bandhan Bank 6.8 7.65 06-Mar-19
Catholic Syrian 6.5 7 29-Oct-18
CUB 7 7.35 09-Jan-19
DCB 7 8.05 06-Nov-18
Dhanlaxmi Bank 6.75 7.25 01-Feb-19
Federal Bank 6.9 7.5 23-Feb-19
HDFC Bank 7.1 7.3 07-Mar-19
ICICI Bank 6.75 7.1 07-Mar-19
IDFC First Bank 7 7.75 06-Mar-19
IndusInd Bank 7.5 8 NA
J & K Bank 7.3 7.55 11-Mar-19
Karnataka Bank 6.5 7.5 28-Dec-18
Kotak Bank 7 7.3 02-Mar-19
KVB 6.9 7.25 07-Jan-19
LVB 7.75 8 07-Mar-19
RBL Bank 7.35 8 02-Mar-19
SIB 6.9 7.6 26-Feb-19
TMB 7 7.4 01-Oct-18
TNSC Bank 6.75 7.3 15-Mar-19
Yes Bank 7.15 7.85 05-Mar-19
SMALL FINANCE BANKS
AU Small Finance Bank 7 8.25 14-Jan-19
Equitas Small Finance Bank 7.5 8.75 01-Nov-18
Fincare Small Finance Bank 7 8.75 NA
Jana Small Finance Bank 8.5 8.5 14-Dec-18
Suryoday Small Finance Bank 7.75 8.5 25-Feb-19
Ujjivan Small Finance Bank 7.5 8.3 27-Feb-19
Data taken from respective bank’s website as on 15 March 2019. For each year range, maximum offered interest rate is considered; Interest Rate for normal fixed deposit amount below Rs 1 Cr