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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
Yes Bank 24 Months 12 Days to 24 Months 24 Days Less than Rs. 1cr 7.75 8.25
Bassein Catholic Co-operative Bank Above 18 Months to 60 Months Rs. 15 lakh and above 7.50 -
Bombay Mercantile Co-operative Bank Above 1 years to 2 years Less than Rs. 1cr 7.50 -
Abu Dhabi Commercial Bank 1 years and above to less than 2 years Less than Rs. 1 cr 7.25 -
Abhyudaya Co-operative Bank Above 15 months upto 36 months Less than Rs. 1 cr 7.25 -
Shamrao Vithal Co-operative Bank Mangal Moorti Scheme 24 mnths (simple int) Less than Rs. 15 lakh 7.25 -
Zoroastrian Co-operative Bank 1 year to less than 5 years Less than Rs. 1 cr 7.25 -
ICICI Bank 2 years 1 day upto 3 years Rs. 100 cr to Less than Rs. 250 cr 7.25 -
Bharat Co-operative Bank Above 12 months upto 36 months Less than Rs. 15 lakh 7.20 -
DCB Bank More than 60 months to 120 months Less than Rs. 1 cr 7.20 7.70
Saraswat Co-operative Bank Madhukar Tax Saving - 5 years Up to Rs. 1 lakh 7.15 7.40
Deutsche Bank Above 2 years to 3 years Less than Rs. 1 cr 7.00 7.50
Nainital Bank Naini Tax Saver Scheme - 5 years to 10 Years Upto Rs. 1 lakh 7.00 7.00
Punjab and Sind Bank 3 years to 5 years Less than Rs. 1cr 7.00 7.50
Karur Vysya Bank 1 year to less than 2 years Less than Rs. 1 cr 7.00 7.50
Lakshmi Vilas Bank 5 years to 10 years Up to Rs. 1 cr 7.00 -
Central Bank of India 555 days MMDC Less than Rs. 1cr 7.00 -
Tamilnad Mercantile Bank Above 1 year to to less than 3 years 15 lakh and above 6.95 -
State Bank of Travancore 1 year to 455 days Less than Rs. 1cr 6.90 7.40
City Union Bank (CUB) 1years and above upto 5 years Up to Rs. 1 cr 6.85 -
Union Bank of India Above 1 years to 3 years Less than Rs. 1 cr 6.80 -
Indus Ind Bank 61 months and above Less than Rs. 15 lakh 6.75 0.50
State Bank of Patiala 2 years to less than 3 years Less than Rs. 1cr 6.75 7.25
Janakalyan Sahakari Bank Above 60 months to 120 months Less than Rs. 15 lakh 6.75 7.00
The Ratnakar Bank 91days to 180 Days Rs. 1 cr and above to upto Rs 3 cr 6.75 -
Punjab National Bank 180 days to 270 days Less than Rs. 1 cr 6.75 7.25
UCO Bank 5 years and above Rs. 1 cr and above to Rs. 5 cr 6.75 -
Federal Bank 1 year Less than Rs. 1 cr 6.70 -
Dhanalakshmi Bank Above 2 years and upto and inclusive of 3 years Less than Rs. 1 cr 6.50 -
Karnataka Bank Above 2 years to 10 years Upto Rs. 1 cr 6.50 7.00
Corporation Bank 91 days to 120 days Less than Rs. 1 cr 6.50 -
State Bank of Bikaner and Jaipur 46 days to 179 days Less than Rs. 1 cr 6.50 7.00
Allahabad Bank 5 years and upto 10 years Less than Rs. 1 crore 6.50 -
Bank of Maharashtra 3 years Mahalaximi Less than Rs. 1 cr 6.25 -
United Bank of India Above1 years to less than 2 years Less than Rs. 1 cr 6.25 6.75
IDBI Bank Above 5 years to 7 years Rs. 1cr to 15 crs 6.00 -
Indian Bank 1 year Rs. 1 cr to 5 crs 6.00 -
J&K Bank 5 years to 10 years Rs. 1 cr to less than Rs. 5 cr 5.90 6.40
Axis Bank 3 months to less than 4 months Rs. 5 cr to less than Rs. 10 cr 5.75 -
Kotak Bank 91 days to 120 days Rs. 1 cr and above to Less than Rs. 5 cr 5.75 -
Dena Bank 61 days To 90 days Less than Rs. 1cr 5.75 -
Bank of India 8 years & above to 10 years Rs. 10 cr and above 5.50 -
Syndicate Bank Exact 5 yrs Rs. 25 cr to Less than Rs. 50cr 5.50 -
Vijaya Bank 1Year Rs. 75 cr to 100 cr 5.50 -
Oriental Bank of Commerce 3 Years to less than 5 Years Rs. 1 cr and above upto 10 crs 5.31 -
Thane Janata Sahakari Bank 15 days to 90 days Upto Rs. 15 lakh 5.25 5.25
Andhra Bank 91 days to 179 days Above Rs. 10 cr to less than Rs. 50 cr 5.25 -
Standard Chartered Bank 30 days to 32 days Less than Rs. 1 cr 5.25 -
Citi Bank 15 days to 25 days Rs 5 cr less than 10 cr 5.20 -
Kapole Co-operative Bank 15 days to 45 days Less than Rs. 15 lakh 5.00 5.00
HDFC Bank 5 years 1days - 8 years Rs. 1 cr to up to 5 crs 5.00 -
HSBC 36 months Less than Rs. 1cr 5.00 -
Royal Bank of Scotland 5 years Less than Rs. 1 cr 4.90 -
Canara Bank 2 years and above to less than 3 years Rs. 1 cr and above 4.90 -
Bank of Baroda 181 days to 270 days Above Rs. 25 cr to Rs 50 cr 4.75 -
State Bank of Hyderabad 1 year to 455 days Above Rs. 10 cr 4.25 -
State Bank of Mysore 456 days to less than 2 years Rs. 1 cr to Rs. 10 cr 4.25 -
Punjab & Maharashtra Co-operative Bank 7 days to 14 days Less than Rs. 25 lakh 4.00 -
South Indian Bank 7 days to 45 days Less than Rs. 1 cr 4.00 4.50
State Bank of India (SBI) 46 days to 179 days Rs. 1 cr to 10 crs 3.85 4.35
Catholic Syrian Bank 7 to 14 days (Minimum amount of deposit Rs 5 lac) Less than Rs. 1 cr 3.50 -
Indian Overseas Bank 121 days to 179 days Upto Rs. 25 lakh - 5.50

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