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Want An 8% Fixed Deposit? Here Are The Latest Interest Rates

Team BankBazaar


Fixed deposits are immensely popular with people as they are safe investment bets and returns are guaranteed. Many 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 2 to <=3 3 to <=5 W.E.F
FOREIGN
Citi Bank 6 6.5 6.5 6 12-Apr-19
DBS Bank 6.75 7.5 7 7 30-Mar-19
Deutsche Bank 6.5 8 7.5 8.25 11-Mar-19
HSBC 6 6 6.75 5 02-Apr-19
Scotia Bank 4 4.5 4.5 5 01-Apr-17
StanChart 7 7.5 7 6.5 12-Apr-19
INDIAN: PUBLIC SECTOR
Allahabad Bank 6.75 6.75 6.6 6.5 01-Apr-19
Andhra Bank 6.6 6.8 6.75 6.75 02-Mar-19
Bank of Mah 6 6.5 6.5 6.25 07-Apr-19
BOB 6.5 7 6.7 6.7 13-Mar-19
BOI 6.25 6.75 6.7 6.5 10-Apr-19
Canara Bank 6.2 6.75 6.6 6 05-Apr-19
CBOI 6.55 6.65 6.55 6.55 01-Mar-19
Corp Bank 6.35 6.8 6.5 6.5 16-Nov-18
Dena Bank NA NA NA NA NA
IDBI Bank 6.5 7.25 7.05 7.4 04-Mar-19
Indian Bank 6.5 6.75 6.75 6.9 01-Apr-19
IOB 6.25 6.6 6.75 6.8 01-Mar-19
OBC 6.75 7 6.75 6.75 27-Feb-19
PNB 7.1 6.85 6.75 6.25 01-Mar-19
Punjab & Sind 6.4 7 6.8 6.55 05-Mar-19
SBI 6.4 6.8 6.8 6.85 22-Feb-19
Syndicate Bank 6.35 7.05 7.15 7.15 05-Mar-19
UCO Bank 6.35 6.6 6.5 6.5 11-Mar-19
Union Bank 6.75 6.75 6.6 6.7 27-Feb-19
United Bank 6 6.5 6.25 6 05-Mar-19
Vijaya Bank NA NA NA NA NA
INDIAN: PRIVATE SECTOR
Axis Bank 7.1 7.35 7.5 7.25 09-Apr-19
Bandhan Bank 6.8 7.65 7.5 7.5 06-Mar-19
Catholic Syrian 6.5 7 6.75 6.5 07-Mar-19
CUB 7 7.35 7.35 7.35 09-Jan-19
DCB 7 8.05 8.05 7.75 06-Nov-18
Dhanlaxmi Bank 6.5 7.25 6.5 6.5 01-Apr-19
Federal Bank 6.9 7.5 7.4 7.25 23-Feb-19
HDFC Bank 7.1 7.3 7.4 7.25 11-Apr-19
ICICI Bank 6.75 7.1 7.5 7.25 07-Mar-19
IDFC First Bank 7 7.75 8.25 7.5 06-Mar-19
IndusInd Bank 7.5 8 7.5 7.5 NA
J & K Bank 7.05 7.3 7.3 7.3 01-Apr-19
Karnataka Bank 6.5 7.5 7 7 28-Dec-18
Kotak Bank 7 7.2 7.1 7 11-Apr-19
KVB 6.9 7.25 7.25 7 07-Jan-19
LVB 7.75 8 7.85 7.85 07-Mar-19
RBL Bank 7.35 8 8.05 7.6 02-Mar-19
SIB 6.9 7.6 7 7 26-Feb-19
TMB 6.8 7.25 7 6.9 08-Apr-19
TNSC Bank 6.75 7.3 6.75 6.75 15-Mar-19
Yes Bank 7.15 7.85 7.25 7.5 05-Mar-19
Small Finance Banks
AU Small Finance Bank 7.01 8.01 8.24 7.77 01-Apr-19
Equitas Small Finance Bank 7.5 8.75 8.8 7 01-Nov-18
Fincare Small Finance Bank 7 8.75 9 8 NA
Jana Small Finance Bank 8.5 8.5 9 8.5 14-Dec-18
Suryoday Small Finance Bank 7.75 8.5 9 8.25 25-Feb-19
Ujjivan Small Finance Bank 7.5 8.3 8.6 7 27-Feb-19
Data taken from respective bank’s website as on 12 Apr 19
For each year range, maximum offered interest rate is considered; Interest Rate for normal fixed deposit amount below Rs 1 Cr