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Planning To Open An FD Account? Check The Latest Interest Rates Of Private Banks

·1-min read


Fixed deposit is one of the popular investment options in our country, especially for risk-averse investors because it offers assured returns and high liquidity. The tenure for FD investment normally ranges from 7 days to 10 years. You can choose the tenure as per your liquidity requirement. In case you are planning to invest in a FD, take a look at the latest fixed deposit interest rates of private banks.

Bank

<1
year

1 to 2
years

2 to 3
years

3 to 5
years

Axis Bank

4.4

5.4

5.4

5.75

Bandhan Bank

4.5

5.5

3

5.25

Catholic Syrian

4.25

5

5.25

5.5

City Union Bank

5

5.5

5.25

5.25

DCB Bank

5.7

6.4

6.5

6.5

Dhanlaxmi Bank

4.5

5.3

5.4

5.5

Federal Bank

4.4

5.5

5.35

5.6

HDFC Bank

4.4

4.9

5.15

5.3

ICICI Bank

4.4

5

5.15

5.35

IDFC First Bank

5.25

5.5

5.75

6

IndusInd Bank

5.5

6

6.5

6

J & K Bank

4.5

5.1

5.2

5.3

Karnataka Bank

5.1

5.2

5.5

5.5

Kotak Bank

4.4

5

5.1

5.3

Karur Vysya Bank

5

5.5

5.65

6

RBL Bank

5.5

6.1

6.3

6.5

South Indian Bank

4.75

5.4

5.5

5.65

Tamilnad Mercantile Bank

5.25

5.75

5.65

5.5

TNSC Bank

5.75

6

5.85

6

Yes Bank

5.25

6

6.25

6.5

Data as on respective banks’ website on June 11, 2020. For each year range, the maximum offered interest rate is considered; interest rate is for a normal fixed deposit amount below Rs. 1 crore. Compiled By BankBazaar.com, a neutral online marketplace for loans and credit cards.

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