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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
Bassein Catholic Co-operative Bank Above 12 Months to 18 Months Rs. 15 lakh and above 7.50 -
Abu Dhabi Commercial Bank 1 years and above to less than 2 years Rs. 1 cr to 5 crs 7.25 -
Zoroastrian Co-operative Bank 1 year to less than 5 years Less than Rs. 1 cr 7.25 -
The Ratnakar Bank 60 months to 120 months Rs. 1 cr and above to upto Rs 3 cr 7.25 7.98
Kapole Co-operative Bank Above 60 months Less than Rs. 15 lakh 7.00 7.25
Thane Janata Sahakari Bank Above 60 months Upto Rs. 15 lakh 7.00 -
Deutsche Bank Above 3 years to 4 years Less than Rs. 1 cr 7.00 -
Nainital Bank 5 years and above upto 10 years Less than Rs. 15 lakh 7.00 7.50
Tamilnad Mercantile Bank 3 years & Above Less than Rs. 15 lakh 7.00 7.50
Yes Bank 9 months to less than 1 year Less than Rs. 1cr 7.00 -
Punjab and Sind Bank above 2 years to less than 3 years Less than Rs. 1cr 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. 15 lakh 7.00 -
Karur Vysya Bank 2 years to less than 3 years Less than Rs. 1 cr 7.00 7.50
Lakshmi Vilas Bank Tax Saver Deposits - 5 years Upto Rs. 1 lakh 7.00 7.00
Abhyudaya Co-operative Bank Above 12 months upto 15 months Less than Rs. 1 cr 7.00 -
IDBI Bank 3 yrs to less than 5 yrs less than Rs. 1cr 6.90 -
Central Bank of India 3 year to less than 5 years Less than Rs. 1cr 6.90 -
DCB Bank 6 Months to less than 12 months Less than Rs. 1 cr 6.80 -
Federal Bank Above 1 year to 2 years Less than Rs. 1 cr 6.80 -
Bombay Mercantile Co-operative Bank 180 days to 12 months Less than Rs. 1cr 6.75 7.00
Indus Ind Bank 61 months and above Less than Rs. 1 cr 6.75 -
State Bank of Bikaner and Jaipur 180 days to 210 days Less than Rs. 1 cr 6.75 7.25
Janakalyan Sahakari Bank Above 60 months to 120 months Less than Rs. 15 lakh 6.75 7.00
United Bank of India Above1 years to less than 2 years Less than Rs. 1 cr 6.75 7.25
City Union Bank (CUB) Above 5 years and upto 10 years Up to Rs. 1 cr 6.70 -
Dhanalakshmi Bank Above 3 years and upto and inclusive of 5 years Less than Rs. 1 cr 6.50 -
State Bank of India (SBI) 5 years and upto 10 years Less than Rs. 1 cr 6.50 -
Vijaya Bank 3 years to 5 years Less than Rs. 1 cr 6.50 -
Allahabad Bank Tax Benefit Term Deposit Scheme - 5 years Less than Rs. 1 cr 6.50 7.00
Bank of Maharashtra 365 Days Less than Rs. 1 cr 6.50 7.00
Oriental Bank of Commerce 3 Years to less than 5 Years Less than Rs. 1 cr 6.50 -
State Bank of Mysore 5 year & above upto 10 years Less than Rs. 1 cr 6.50 -
Saraswat Co-operative Bank Above 1 year up to 24 months 1 crore and above but below Rs. 3 cr 6.40 6.65
Axis Bank 2 years to less than 30 months Rs. 25 cr to less than Rs. 50 cr 6.25 -
HDFC Bank 9 mnths 17 day- less 1 Year Less than Rs. 1 cr 6.25 6.75
Indian Overseas Bank 2 years to 3 years Upto Rs. 1 cr 6.25 -
ICICI Bank 271 days to 300 days Rs. 250 cr to Less than Rs. 500 cr 6.10 -
Union Bank of India Above 3 years to 5 years Above Rs. 10 cr to 100 crs 6.00 -
South Indian Bank 46 days to less than 1 year Less than Rs. 1 cr 6.00 -
Dena Bank 91 days to 120 days Less than Rs. 1cr 6.00 6.50
State Bank of Hyderabad 456 days to less than 2 year Rs. 1 cr to less than Rs. 10 cr 6.00 -
Bank of India 46 days to 90 days Rs. 1 cr and above to less than Rs. 10 cr 5.75 -
Kotak Bank 61 days to 90 days Rs. 1 cr and above to Less than Rs. 5 cr 5.50 -
Andhra Bank 9 months to less than 1 year Rs. 1 cr to less than Rs. 10 cr 5.50 -
Syndicate Bank Above 1 yr to 2 years Rs. 100 cr and above 5.50 -
Indian Bank 9 months to less than 1 year Rs. 1 cr to 5 crs 5.50 -
State Bank of Travancore 7 days to 45 days Less than Rs. 1cr 5.50 -
HSBC 180 Days Less than Rs. 1cr 5.25 -
J&K Bank 46 days to 90 days Rs. 1 cr to less than Rs. 5 cr 5.25 -
Citi Bank 36 days to 45 days Rs 3 cr less than 5 cr 5.20 -
Corporation Bank 7 days to 14 days Less than Rs. 1 cr 5.00 -
Bharat Co-operative Bank 30 days to 60 days Less than Rs. 15 lakh 5.00 5.00
Canara Bank 1 year Rs. 1 cr and above 4.85 -
Standard Chartered Bank 10 days to 14 days Rs. 1 cr to Less than 2 cr 4.75 -
Bank of Baroda 91 days to 180 days Above Rs. 50 cr to Rs 100 cr 4.75 -
UCO Bank 7 days to 14 days less than Rs. 1 cr 4.50 -
State Bank of Patiala 5 years to less than 10 years Rs. 1 cr to Rs 5 crs 4.25 -
Punjab National Bank 15 days to 29 days Less than Rs. 1 cr 4.25 4.75
Catholic Syrian Bank 15 days to 29 days Rs. 1 cr and above 3.50 -
Royal Bank of Scotland 7 days upto 14 days Less than Rs. 1 cr 3.00 -
Karnataka Bank 7 days to 45 days Above Rs. 1 cr and upto 3 crs - 4.00

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.