A comparison of bank fixed deposits interest rates

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If you are looking at bank fixed deposit interest rates, here's a quick comparison done by GoodReturns.in. Clearly, from a medium term perspective (2-3 years), deposits of Canara Bank and ING Vysya score over peers.

Fixed deposit (FD) is one of the most common form of investment. It allows you to invest money for a fixed period of time and most of the time at a fixed rate of interest. Take a look at the interest rates from various banks.

A comparison of bank fixed deposits interest rates

Fixed Deposit Rates

Bank 1-2 Years(in percentage) 2-3 Years
Axis Bank 8.50-9.00 9.00
Bank of Baroda 9.00 9.00
Bank of India 9.00-9.25 9.00
Canara Bank 9.05 9.05
Central bank of India 9.00 8.75
Corporation Bank 8.75-9.00 8.75
HDFC Bank 8.00-8.75 8.75
ICICI Bank 7.50-9.00 8.75
IDBI Bank 8.75-9.00 9.00
ING Vysya 9.25 9.25
State Bank of India 8.75 8.75
Syndicate bank  8.75 8.75
Federal Bank 9.00-9.25 9.00
Union bank of India  9.00 9.00
Vijaya Bank 9.00-9.25 9.00

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Read more about: banks, interest rates
Story first published: Monday, March 11, 2013, 13:02 [IST]
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