Top Banks Fixed Deposit Latest Interest Rate of 2023
Many top banks in India provide a good range of Fixed Deposit (FD) options that include a number of benefits such as nomination facility, competitive rate of interest, joint account, loan/overdraft facility, and so on. Here is a comparison of fixed deposit (FD) interest rates for amounts less than Rs 2 crore over various tenors.
SBI Bank
SBI is one of India's most reputable and well-established banks, ranking among the best. offers interest rates ranging from 3% to 6.75% with terms ranging from 7 days to 10 years.
Tenors | Interest Rates (p.a.) | |
---|---|---|
General Public | Senior Citizens | |
7 days to 45 days | 3.00% | 3.50% |
46 days to 179 days | 4.50% | 5.00% |
180 days to 210 days | 5.25% | 5.75% |
211 days to less than 1 year | 5.75% | 6.25% |
1 year to less than 2 year | 6.75% | 7.25% |
2 years to less than 3 years | 6.75% | 7.25% |
3 years to less than 5 years | 6.25% | 6.75% |
5 years to 10 years | 6.25% | 7.25%* |
Yes Bank
Yes Bank has interest rates ranging from 3.25% to 7.75% (including special deposits) with terms ranging from 7 days to 10 years.
Tenure | Interest Rates (% p.a.) | |
---|---|---|
Regular Citizens | Senior Citizens | |
7 days to 14 days | 3.25 | 3.75 |
15 days to 45 days | 3.7 | 4.2 |
46 days to 90 days | 4.1 | 4.6 |
91 days to 180 days | 4.75 | 5.25 |
181 days to 271 days | 5.75 | 6.25 |
272 days to less than 1 year | 6 | 6.5 |
1 year to less than 15 months | 7 | 7.5 |
Above 15 months to less than 20 months | 7 | 7.5 |
Above 22 months to less than 25 months | 7 | 7.5 |
Above 25 months to less than 35 months | 7 | 7.5 |
Above 35 months to less than 36 months | 7 | 7.5 |
3 years to 10 years | 7 | 7.75 |
HDFC Bank
HDFC Bank provides interest rates ranging from 3% to 7% for terms ranging from 7 days to 10 years.
Tenor | Less than 2 Crore | |
---|---|---|
Interest Rate (per annum) | Senior Citizen Rates (per annum) | |
7 - 14 days | 3.00% | 3.50% |
15 - 29 days | 3.00% | 3.50% |
30 - 45 days | 3.50% | 4.00% |
46 - 60 days | 4.50% | 5.00% |
61 - 89 days | 4.50% | 5.00% |
90 days < = 6 months | 4.50% | 5.00% |
6 months 1 days <= 9 months | 5.75% | 6.25% |
9 months 1 day to < 1 year | 6.00% | 6.50% |
1 year to < 15 months | 6.50% | 7.00% |
15 months to < 18 months | 7.00% | 7.50% |
18 months to < 21 months | 7.00% | 7.50% |
21 months - 2 years | 7.00% | 7.50% |
2 years 1 day - 3 years | 7.00% | 7.50% |
3 year 1 day to - 5 years | 7.00% | 7.50% |
5 year 1 day - 10 years | 7.00% | 7.75% |
Canara Bank
Canara Bank provides interest rates ranging from 3.25% to 7.15% for terms ranging from 7 days to 10 years.
FD Tenure | Interest Rates (% p.a.) | |
---|---|---|
Regular Citizens | Senior Citizens | |
7 days to 45 days* | 3.25 | 3.25 |
46 days to 90 days | 4.5 | 4.5 |
91 days to 179 days | 4.5 | 4.5 |
180 days to 269 days | 5.5 | 6 |
270 days to less than 1 year | 5.5 | 6 |
1 year | 6.75 | 7.25 |
Above 1 year to less than 2 years | 6.8 | 7.3 |
400 days | 7.15 | 7.65 |
666 days | 7 | 7.5 |
2 years to less than 3 years | 6.8 | 7.3 |
3 years to less than 5 years | 6.5 | 7 |
5 years to 10 years | 6.5 | 7 |
Axis Bank
Axis Bank provides interest rates ranging from 3% to 7.01% for terms ranging from 7 days to 10 years.
Tenure | Regular Citizens | Senior Citizens |
---|---|---|
7 days to 14 days | 3.50% | 3.50% |
15 days to 29 days | 3.50% | 3.50% |
30 days to 45 days | 3.50% | 3.50% |
46 days to 60 days | 4.00% | 4.00% |
61 days to less than 3 months | 4.50% | 4.50% |
3 months to less than 4 months | 4.75% | 4.75% |
4 months to less than 5 months | 4.75% | 4.75% |
5 months to less than 6 months | 4.75% | 4.75% |
6 months to less than 7 months | 5.75% | 6.00% |
7 months to less than 8 months | 5.75% | 6.00% |
8 months to less than 9 months | 5.75% | 6.00% |
9 months to less than 10 months | 6.00% | 6.25% |
10 months to less than 11 months | 6.00% | 6.25% |
11 months to 11 months 24 days | 6.00% | 6.25% |
11 months 25 days to less than 1 year | 6.00% | 6.25% |
1 year to 1 year 4 days | 6.75% | 7.50% |
1 year 5 days to 1 year 10 days | 6.75% | 7.50% |
1 year 11 days to 1 year 24 days | 6.75% | 7.50% |
1 year 25 days to less than 13 months | 7.10% | 7.85% |
13 months to less than 14 months | 6.75% | 7.50% |
14 months to less than 15 months | 6.75% | 7.50% |
15 months to less than 16 months | 6.75% | 7.50% |
16 months to less than 17 months | 6.75% | 7.50% |
17 months to less than 18 months | 6.75% | 7.50% |
18 months to less than 2 years | 6.75% | 7.50% |
2 years to less than 30 months | 7.26% | 8.01% |
30 months to less than 3 years | 7.00% | 7.75% |
3 years to less than 5 years | 7.00% | 7.75% |
5 years to 10 years | 7.00% | 7.75% |
Bank of Baroda
Bank of Baroda provides interest rates ranging from 3% to 7.05% for terms ranging from 7 days to 10 years.
Tenure | Interest Rates (%) p.a. | |
---|---|---|
Regular Citizens | Senior Citizens | |
7 days to 14 days | 3 | 3.5 |
15 days to 45 days | 3 | 3.5 |
46 days to 90 days | 4.5 | 5 |
91 days to 180 days | 4.5 | 5 |
181 days to 210 days | 5.25 | 5.75 |
211 days to 270 days | 5.75 | 6.25 |
Above 271 days to less than 1 year | 5.75 | 6.25 |
1 year | 6.75 | 7.25 |
Above 1 year to 400 days | 6.75 | 7.25 |
Above 400 days to 2 years | 6.75 | 7.25 |
Above 2 years to 3 years | 6.75 | 7.25 |
Above 3 years to 5 years | 6.25 | 6.90* |
Above 5 years to 10 years | 6.25 | 7.25** |
444 days (Baroda Tiranga Deposit Scheme) | 6.75 | 7.25 |
555 days (Baroda Tiranga Deposit Scheme) | 6.75 | 7.25 |
399 days (Baroda Tiranga Plus Deposit Scheme) | 7.05 | 7.55 |
Punjab National Bank
PNB provides interest rates ranging from 3.50% to 7.25% for terms ranging from 7 days to 10 years.
Tenure | Interest Rates (% p.a.) | ||
---|---|---|---|
Regular Citizens | Senior Citizens | Super Senior Citizens | |
7 to 14 days | 3.5 | 4 | 4.3 |
15 to 29 days | 3.5 | 4 | 4.3 |
30 to 45 days | 3.5 | 4 | 4.3 |
46 to 90 days | 4.5 | 5 | 5.3 |
91 to 179 days | 4.5 | 5 | 5.3 |
180 to 270 days | 5.5 | 6 | 6.3 |
271 days to less than 1 year | 5.5 | 6 | 6.3 |
1 year | 6.75 | 7.25 | 7.55 |
Above 1 year to 665 days | 6.75 | 7.25 | 7.55 |
666 days | 7.25 | 7.75 | 8.05 |
667 days to 2 years | 6.75 | 7.25 | 7.55 |
Above 2 years to 3 years | 6.75 | 7.25 | 7.55 |
Above 3 years to 5 years | 6.5 | 7 | 7.3 |
Above 5 years to 10 years | 6.5 | 7 | 7.3 |
Kotak Mahindra Bank
Kotak Mahindra Bank provides interest rates ranging from 2.75% to 7% with terms ranging from 7 days to 10 years.
Tenure | Interest Rates (% p.a.) | |
---|---|---|
Regular Individuals | Senior Citizens | |
7 - 14 days | 2.75 | 3.25 |
15 - 30 days | 3 | 3.5 |
31 - 45 days | 3.25 | 3.75 |
46 - 90 days | 3.5 | 4 |
91 - 120 days | 4 | 4.5 |
121 - 179 days | 4.25 | 4.75 |
180 days | 5.75 | 6.25 |
181 days to 269 days | 5.75 | 6.25 |
270 days | 5.75 | 6.25 |
271 days to 363 days | 5.75 | 6.25 |
364 days | 6 | 6.5 |
365 days to 389 days | 6.75 | 7.25 |
390 days (12 months 25 days) | 7 | 7.5 |
391 days to less than 23 months | 7 | 7.5 |
23 months | 7 | 7.5 |
23 months 1 day to less than 2 years | 7 | 7.5 |
2 years to less than 3 years | 6.75 | 7.25 |
3 years to less than 4 years | 6.5 | 7 |
4 years to less than 5 years | 6.25 | 6.75 |
5 years to 10 years | 6.2 | 6.7 |