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Fixed Deposit – Here Are The Interest Rates Offered By Popular Private Banks

Team BankBazaar


Fixed deposits remain the safest investment option for many Indians as they offer assured returns with capital safety. 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 private banks in India.

INDIAN: PRIVATE SECTOR
Bank <1 Year >=1 to <=2 2 to <=3 3 to <=5
Axis Bank 6.55 6.8 6.85 6.75
Bandhan Bank 6.8 7.4 7.35 7.35
Catholic Syrian 6 6.75 6.5 6.5
City Union Bank 6.25 6.6 6.35 6.35
DCB Bank 6.85 7.7 7.85 7.65
Dhanlaxmi Bank 6.5 6.9 6.5 6.5
Federal Bank 6.5 7 6.8 6.8
HDFC Bank 6.25 6.45 6.85 6.75
ICICI Bank 6.25 6.85 6.75 6.75
IDFC First Bank 7 7.5 7.25 7.25
IndusInd Bank 6.5 7.25 7.25 7.15
J & K Bank 6.25 6.75 6.75 6.75
Karnataka Bank 6.25 6.8 6.7 6.7
Kotak Bank 6.5 6.6 6.4 6.25
Karur Vysya Bank 6.25 6.45 6.45 6.75
Lakshmi Vilas Bank 7.35 7.8 7.6 7.5
RBL Bank 6.75 7.65 7.65 7.5
South Indian Bank 6.5 7.05 6.8 6.8
Tamilnad Mercantile Bank 6.8 7.1 7 6.75
TNSC Bank 6.75 7.3 6.75 6.75
Yes Bank 7.15 7.5 7.5 7.25

Data taken from respective bank’s website as on 5 Nov 19. 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, India’s leading online marketplace for loans and credit cards.