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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
Karur Vysya Bank 3 years and above Less than Rs. 1 cr 7.50 -
Bharat Co-operative Bank Above 3 years to 5 years Less than Rs. 15 lakh 7.50 7.75
Punjab & Maharashtra Co-operative Bank 12 months to 36 months Less than Rs. 25 lakh 7.50 -
Bassein Catholic Co-operative Bank Above 18 Months to 60 Months Rs. 15 lakh and above 7.50 -
Bombay Mercantile Co-operative Bank Above 2 years to 3 years Less than Rs. 1cr 7.50 -
ICICI Bank 18 months to 2 years Rs. 500 cr and above 7.25 -
Lakshmi Vilas Bank 500 days Less than Rs. 1 cr 7.25 7.75
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 -
The Ratnakar Bank 36 month to les than 60 month Rs. 1 cr and above to upto Rs 3 cr 7.15 -
Yes Bank 18 Months 8 Days to 18 Months 18 Days Less than Rs. 1cr 7.15 -
City Union Bank (CUB) 1 year Up to Rs. 1 cr 7.10 7.50
Nainital Bank 1 year and above but upto 2 years Less than Rs. 15 lakh 7.00 7.50
Kapole Co-operative Bank Above 60 months Less than Rs. 15 lakh 7.00 7.25
Tamilnad Mercantile Bank Above 1 year to to less than 3 years 15 lakh and above 6.95 -
Oriental Bank of Commerce 1 year to less than 2 years Less than Rs. 1 cr 6.85 -
Punjab and Sind Bank 3 years to 5 years Less than Rs. 1cr 6.85 7.35
South Indian Bank 1 year to 2 years Less than Rs. 1 cr 6.75 -
Indus Ind Bank 2 years 6 months to below 2 years 9 months Less than Rs. 15 lakh 6.75 7.25
Federal Bank 1 year Less than Rs. 1 cr 6.70 -
Central Bank of India CENT Tax Saving Deposit - 5 Years Upto Rs. 1 lakh 6.50 7.00
Indian Bank 1 year less then Rs. 1cr 6.50 7.00
State Bank of Mysore 3 year to less than 5 years Less than Rs. 1 cr 6.50 -
State Bank of Travancore 3 years to less than 5 years Less than Rs. 1cr 6.50 -
Dhanalakshmi Bank Above 5 years and upto and inclusive of 10 years Less than Rs. 1 cr 6.50 -
Kotak Bank 181 days to 270 days Rs. 1 cr and above to Less than Rs. 5 cr 6.50 -
Indian Overseas Bank Above1 year to less than 2 years Upto Rs. 1 cr 6.50 -
State Bank of Patiala 180 days to 210 days Less than Rs. 1cr 6.50 7.00
Abu Dhabi Commercial Bank 180 days to less than 1 years Rs. 1 cr to 5 crs 6.50 7.00
Axis Bank 15 months to less than 16 months Rs. 5 cr to less than Rs. 10 cr 6.50 -
DCB Bank More than 36 months to 120 Months Rs. 1 cr to 5 cr 6.40 -
United Bank of India 2 years to less than 3 years Less than Rs. 1 cr 6.25 -
Catholic Syrian Bank 3 years Rs. 1 cr and above 6.25 -
Bank of Maharashtra Over 3 years Less than Rs. 1 cr 6.00 6.50
IDBI Bank 91 days to 6 months less than Rs. 1cr 6.00 6.00
Dena Bank 61 days To 90 days Less than Rs. 1cr 5.75 -
Janakalyan Sahakari Bank 91 days to 270 days Less than Rs. 15 lakh 5.75 6.00
Standard Chartered Bank 4 years to 5 years Rs. 1 cr to Less than 2 cr 5.50 -
Syndicate Bank 180 days to 269 days Rs. 25 cr to Less than Rs. 50cr 5.25 -
Vijaya Bank More than 1year to less than 2 Years Above Rs. 1 cr 5.25 -
Saraswat Co-operative Bank 91 days to 179 days 3 crore and above 5.25 5.25
J&K Bank 271 days to less than 1 year Rs. 1 cr to less than Rs. 5 cr 5.00 -
UCO Bank 211 days to 270 days 25 crs and upto 50 Cr 5.00 -
Citi Bank 46 days to 60 days Rs 5 cr less than 10 cr 5.00 -
HSBC 36 months Less than Rs. 1cr 5.00 -
HDFC Bank 2 years 17 days - 3 Years Rs. 1 cr to up to 5 crs 5.00 5.50
Corporation Bank 7 days to 14 days Less than Rs. 1 cr 5.00 -
Union Bank of India 15 days to 30 days Less than Rs. 1 cr 5.00 -
Thane Janata Sahakari Bank 7 days to 14 days Upto Rs. 15 lakh 5.00 -
Canara Bank 61 days to 90 days Less than Rs. 1cr 4.75 -
Deutsche Bank 31 days to 45 days Less than Rs. 1 cr 4.75 -
Allahabad Bank 15 days to 29 days Less than Rs. 1 crore 4.50 5.00
Punjab National Bank 1 year Rs. 1 cr to Rs. 10 cr 4.50 -
Bank of India 7 days to 14 days Rs. 10 cr and above 4.50 -
State Bank of Bikaner and Jaipur 1 year to 455 days Rs. 1 cr and above upto Rs. 10 cr 4.25 4.75
State Bank of India (SBI) 1 year to 455 days Above Rs. 10 cr 4.25 -
Bank of Baroda 46 days to 90 days Above Rs. 100 cr 4.00 -
Zoroastrian Co-operative Bank Tax Saver Deposits - 5 years Upto Rs. 1 lakh 4.00 4.00
Andhra Bank 7 days to 14 days Above Rs. 10 cr to less than Rs. 50 cr 4.00 -
Royal Bank of Scotland 2 year to less than 3 years Less than Rs. 1 cr 4.00 -
State Bank of Hyderabad 7 days to 45 days Rs. 5 cr to less than Rs. 10 cr 3.75 -
Karnataka Bank 181 days to 364 days Above Rs. 1 cr and upto 2 crs - 6.70

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.

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Bank Interest Rates & Calculators
Public Sector / Nationalized Banks
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