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Fixed Deposits Latest Rates: SBI, Axis Bank changed fixed deposit rates, know the latest rates of all banks

FD Latest Rates: All banks pay at least half a percent more interest on FD to senior citizens than the common people. Here we are giving you information about the new FD rates of banks so that you can get FD by looking at your convenience and interest.




New Delhi: FD Latest Rates: Banks have started changing their fixed deposit rates. A few days ago, SBI and Axis Bank have changed their FD rates. Keeping money in fixed deposits is considered the safest. Banks pay different interest for different tenures or time periods. Most major government banks and private banks in the country offer fixed deposit (FD) facility to their customers for 7 days to 10 years. These are the latest rates.

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1. SBI increases interest on FD from 1 year to 2 years

period of time        Annual interest
7 days to 45 days  2.90
46 days to 179 days3.90
180 days 210 days   4.40
211 days to less than 1 year4.40 
1 year to less than 2 years      5.00
2 years to less than 3 years 5.10
3 years to less than 5 years  5.30
5 years to 10 years5.40

 

2. Axis Bank is giving so much interest

period of time Annual interest
7 days to 29 days     2.50
30 days to 90 days3.00
90 days 120 days      3.50
120 days to 180 days 3.75
180 days 360 days4.40
2 years to 3 years  5.40
3 years to 5 years5.40
5 years to 10 years5.50

 

3. HDFC Bank pays 5.50% interest on long term FD

period of time Annual interest
7 days to 14 days 2.50
15 days to 29 days  2.50
30 days to 45 days 3.00
46 days to 60 days    3.00
61 days to 90 days3.00
91 days to 6 months3.50
Within 6 months to 1 year4.40
1 year to 2 years4.90
2 years to 3 years5.15
3 years to 5 years5.30
5 years to 10 years 5.50

 

4. Interest on FD of ICICI Bank

period of time Annual interest
7 days to 29 days 2.50
30 days to 90 days 3.00
91 days to 184 days3.50
185 days to 1 year     4.40
1 year to 18 months4.90
18 months to 2 years5.00
2 years to 3 years5.15
3 to 10 years5.50

 

5. PNB’s interest on FD

period of time     Annual interest
7 days to 45 days   3.00
46 days to 90 days   3.25
91 days to 179 days      4.00
180 days to 270 days 4.40
271 days to 1 year4.50
1 year to 3 years       5.20
3 years to 5 years  5.30
5 years to 10 years   5.30

 

 

Parvesh Maurya
Parvesh Maurya
Parvesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ informalnewz@gmail.com
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