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Which Foreign Bank Is Offering The Best Fixed Deposit Interest Rate?

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, take a look at the interest rates  offered by prominent foreign banks under Rs. 1 crore.

BANK FD INTEREST RATES
Bank <1 Year >=1 to <=2 2 to <=3 3 to <=5
Citi Bank 5 5.5 5.5 5.25
DBS Bank 6.5 6.75 6.5 6.5
Deutsche Bank 6 7 7 7.75
HSBC 5 5.75 6 6
Scotia Bank 4 4.5 4.5 5
StanChart 6.6 6.8 6.8 6.5

Data taken from respective bank’s website as on 5 Nov 19. or each year range, maximum offered interest rate is considered; Interest Rate for normal fixed deposit amount below Rs 1 Cr. Compiled by BankBazaar.com