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Fixed Deposit (FD) Interest Rates

Fixed Deposit, also called Term Deposit is an investment where the interest rate is guaranteed not to change for the nominated term, so you know exactly what your investment is worth. A fixed deposit is a great way to save money for a period of time, if you are looking at getting your invested money safely along with good earning through it then fixed deposit is the way to go.

Comparison of Bank Fixed Deposit Interest Rates

62 Results found
Bank Name Maturity Period Deposit Amount Interest Rate
General Senior Citizen
Abhyudaya Co-operative Bank Above 15 months upto 36 months Less than Rs. 1 cr 7.25 -
Zoroastrian Co-operative Bank 1 year to less than 5 years Less than Rs. 1 cr 7.25 -
Bombay Mercantile Co-operative Bank Above 2 years to 3 years Less than Rs. 1cr 7.25 7.50
Bharat Co-operative Bank Above 12 months upto 36 months Less than Rs. 15 lakh 7.20 -
Karnataka Bank 180 days Upto Rs. 1 cr 7.15 7.65
Oriental Bank of Commerce 1 year to less than 2 years Less than Rs. 1 cr 7.00 -
Punjab & Maharashtra Co-operative Bank 61 months to 120 months Less than Rs. 25 lakh 7.00 -
Shamrao Vithal Co-operative Bank Above 24 mths to 60 mths Less than Rs. 1 cr 7.00 -
Standard Chartered Bank 227 days to 269 days Less than Rs. 1 cr 7.00 -
Karur Vysya Bank 2 years to less than 3 years Less than Rs. 1 cr 7.00 -
Lakshmi Vilas Bank 5 years to 10 years Up to Rs. 1 cr 7.00 -
Abu Dhabi Commercial Bank 1235 to 5 Years Rs. 1 cr to 5 crs 7.00 -
Deutsche Bank Above 3 years to 4 years Less than Rs. 1 cr 7.00 7.25
Yes Bank 9 months to less than 1 year Less than Rs. 1cr 7.00 7.50
State Bank of Travancore 456 days to less than 2 year Less than Rs. 1cr 6.95 7.45
Tamilnad Mercantile Bank 20 months 20 days 15 lakh and above 6.95 7.45
Canara Bank 1 year and above to less than 2 years Less than Rs. 1cr 6.90 7.40
Corporation Bank 3 Years and Above Less than Rs. 1 cr 6.90 7.40
IDBI Bank 3 yrs to less than 5 yrs less than Rs. 1cr 6.90 -
Federal Bank Above 1 year to 2 years Less than Rs. 1 cr 6.80 7.30
J&K Bank 5 years to 10 years Less than Rs. 1 cr 6.80 -
State Bank of Hyderabad 180 days to 210 days Upto Rs. 1 cr 6.75 -
Janakalyan Sahakari Bank Above 60 months to 120 months Less than Rs. 15 lakh 6.75 7.00
State Bank of India (SBI) 180 days to 210 days Less than Rs. 1 cr 6.75 -
Bank of India 180 days to 269 days Less than Rs. 1 cr 6.75 -
Punjab National Bank PNB Tax Saver Fixed Deposit Scheme - 5 Years to 10 years Upto Rs. 1 lakh 6.70 -
City Union Bank (CUB) Above 5 years and upto 10 years Up to Rs. 1 cr 6.70 -
Nainital Bank 180 days and above but below 270 days Less than Rs. 15 lakh 6.65 7.15
Indian Bank 1 year less then Rs. 1cr 6.50 7.00
South Indian Bank Above 2 years to upto and incl 10 years Less than Rs. 1 cr 6.50 7.00
Allahabad Bank 3 years to less than 5 years Less than Rs. 1 crore 6.50 7.00
Bank of Maharashtra 365 Days Less than Rs. 1 cr 6.50 7.00
State Bank of Bikaner and Jaipur 5 year and upto 10 years Less than Rs. 1 cr 6.50 -
Dhanalakshmi Bank Above 5 years and upto and inclusive of 10 years Less than Rs. 1 cr 6.50 -
Union Bank of India Above 5 years to 10 years Rs. 1cr to Rs. 10 cr 6.40 -
DCB Bank 9 Months to less than 12 months Rs. 1 cr to 5 cr 6.25 -
Catholic Syrian Bank Above 1 Year to and including 10 Years Rs. 1 cr and above 6.00 -
Indian Overseas Bank 5 years and above Upto Rs. 1 cr 6.00 -
Axis Bank 8 months to less than 9 months Rs. 100 cr and above 6.00 -
Kotak Bank 12 months to less than 15 months Rs. 10 cr and above to Less than Rs. 25 cr 6.00 -
Citi Bank Tax Saver Deposits - 5 years Upto Rs. 1 lakh 5.75 -
ICICI Bank 7 days to 14 days Rs. 100 cr to Less than Rs. 500 cr 5.75 -
Dena Bank 46 days To 60 days Less than Rs. 1cr 5.75 -
Andhra Bank Above 2 years to 3 years Above Rs. 50 cr to less than Rs. 100 cr 5.75 -
HSBC 270 days to 364 days Less than Rs. 1cr 5.60 -
Syndicate Bank Above 2 to less than 5 yrs Rs. 50 cr to Less than Rs. 100cr 5.50 -
Saraswat Co-operative Bank 180 days up to 1 year 3 crore and above 5.50 -
Thane Janata Sahakari Bank 91 days to 180 days Upto Rs. 15 lakh 5.50 5.50
Indus Ind Bank 31 days to 45 days Above Rs. 15 lakh to Rs. 1 cr 5.50 -
The Ratnakar Bank 15 days to 45 days Less than lakh to Rs. 1 cr 5.25 -
United Bank of India 2 years to less than 3 years Rs. 1 cr and above 5.00 -
Bank of Baroda Above 2 year and upto 3 years Above Rs. 25 cr to Rs 50 cr 5.00 -
Vijaya Bank 3 years to 5 years Rs. 75 cr to 100 cr 5.00 -
Kapole Co-operative Bank 15 days to 45 days Less than Rs. 15 lakh 5.00 5.00
HDFC Bank 1 Year 16 days Rs. 1 cr to up to 5 crs 5.00 -
Central Bank of India 180 days to 270 days Less than Rs. 10cr 4.75 -
State Bank of Mysore 1 year to 455 days Above Rs. 10 cr 4.25 -
Bassein Catholic Co-operative Bank 15 days to 29 days Less than Rs. 15 lakh 4.25 4.50
UCO Bank 7 days to 14 days Rs. 1 cr and above upto Rs. 5 cr 4.00 -
Punjab and Sind Bank 7 days to 14 days Less than Rs. 1cr 4.00 4.50
State Bank of Patiala 180 days to 210 days Rs. 1 cr to Rs 5 crs 3.85 4.35
Royal Bank of Scotland 7 days upto 14 days Less than Rs. 1 cr 3.00 -

Why Bank FD Interest Rate Varies From Bank to Bank?

There are different kind of banks that are available in India, like public sector or nationalized banks, Indian private sector banks, foreign banks and cooperative banks. Each category of banks have different interest rates and every bank have their own set of interest rate and it varies from bank to bank.

Banks are free to set their own interest rates, according to their own asset liability match. Banks therefore will hike deposit interest rates, if they need additional deposits. On the other hand they will reduce the interest rates, when they are not in need. They can also borrow from the RBI.

Why compare bank interest rates?

These days you can book a fixed deposit online, which means you do not have to bother to go to the nearest branch. What this means you can compare bank interest rates and book an FD online that offers the best or the highest interest rates. This makes comparison of interest rates imperative. We have given the below interest rates of all of the banks, which will help to compare interest rates on bank deposits and than invest. We urge readers to take a look before investing.

TDS on Bank Fixed Deposit Interest?

Remember, that Bank FDs attract a TDS, if the interest amount is over Rs 10,000. Therefore, it is imperative that you plan your FDs accordingly. You can submit tax saving form 15g or 15h, if you do not want tax to be deducted by the bank on the interest income of the fixed deposits.

Should you only look at Bank Fixed Deposit interest rates?

Bank deposits are relatively secure, unless you go for the smaller cooperative banks, some of which may not be very secure. So, you would probably only need to compare interest rates. There is no rating that is given to bank deposits, as they are more or less secure deposits. You can opt for both private and public sector banks, though the interest rates on these bank deposits hardly vary between these banks.

Find IFSC

Public Sector / Nationalized Banks
Indian Private Sector Banks
Foreign Banks
Cooperative Banks