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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
Deutsche Bank 5 years Less than Rs. 1cr 8.00 -
Karur Vysya Bank 3 years and above Less than Rs. 1 cr 7.50 -
Bombay Mercantile Co-operative Bank Above 2 years to 3 years Less than Rs. 1cr 7.50 -
Bharat Co-operative Bank 12 months Rs. 15 lakh and above 7.45 -
The Ratnakar Bank Ratnakar Tax Savings Term Deposit Scheme - 60 months to 120 months Upto Rs. 1 lakh 7.35 8.08
Bassein Catholic Co-operative Bank Above 12 Months to 18 Months Less than Rs. 15 lakh 7.25 -
Yes Bank 18 Months 8 Days to 18 Months 18 Days Less than Rs. 1cr 7.15 -
Lakshmi Vilas Bank 1 year to 499 days Less than Rs. 1 cr 7.00 7.50
Abhyudaya Co-operative Bank Above 36 months upto 120 months Less than Rs. 1 cr 7.00 -
Punjab & Maharashtra Co-operative Bank 61 months to 120 months Less than Rs. 25 lakh 7.00 -
Shamrao Vithal Co-operative Bank 365 days to less than 24 mnths Less than Rs. 15 lakh 7.00 -
Federal Bank 1111 days Less than Rs. 1 cr 7.00 -
Kapole Co-operative Bank Above 60 months Less than Rs. 15 lakh 7.00 7.25
Abu Dhabi Commercial Bank 2 years & above to 1233 days Rs. 1 cr to 5 crs 7.00 7.50
Union Bank of India 180 days to less than 10 Month Less than Rs. 1 cr 6.95 -
State Bank of Mysore 1 year to 455 days Less than Rs. 1 cr 6.90 -
City Union Bank (CUB) 1years and above upto 5 years Up to Rs. 1 cr 6.85 7.10
Punjab National Bank Above 2 years to 5 years Less than Rs. 1 cr 6.80 -
Punjab and Sind Bank 3 years to 5 Years Less than Rs. 1cr 6.80 -
Janakalyan Sahakari Bank Above 60 months to 120 months Less than Rs. 15 lakh 6.75 7.00
DCB Bank 6 Months to less than 12 months Less than Rs. 1 cr 6.75 -
Nainital Bank Naini Tax Saver Scheme - 5 years to 10 Years Upto Rs. 1 lakh 6.60 6.60
Bank of India 3 Years & above to less than 5 years Less than Rs. 1 cr 6.60 -
J&K Bank 3 years to less than 5 years Less than Rs. 1 cr 6.50 -
State Bank of Hyderabad 3 years to less than 5 years Less than Rs. 1 cr 6.50 -
State Bank of Travancore 46 days to 179 days Less than Rs. 1cr 6.50 7.00
Tamilnad Mercantile Bank 777 Days Less than Rs. 15 lakh 6.50 6.50
State Bank of Bikaner and Jaipur 46 days to 179 days Less than Rs. 1 cr 6.50 -
Dhanalakshmi Bank Above 2 years and upto and inclusive of 3 years Less than Rs. 1 cr 6.50 -
ICICI Bank 3 years 1 day upto 5 years Rs. 5 cr to Less than Rs. 25 cr 6.40 -
Bank of Maharashtra 1 year to less than 3 years Less than Rs. 1 cr 6.25 -
United Bank of India 3 years to less than 5 years Less than Rs. 1 cr 6.25 -
Andhra Bank 6 months to less than 9 months Less than Rs. 1 crore 6.25 6.75
Canara Bank Canara Tax Saver Scheme - 5 years Upto Rs. 1 lakh 6.25 6.75
IDBI Bank 3 yrs to less than 5 yrs less than Rs. 1cr 6.25 -
Thane Janata Sahakari Bank 181 days to 12 months Upto Rs. 15 lakh 6.25 -
HDFC Bank 1 year 4 days Less than Rs. 1 cr 6.25 -
Indus Ind Bank 91 days to 120 days Less than Rs. 15 lakh 6.25 -
Saraswat Co-operative Bank Above 36 months up to 60 months 3 crore and above 6.15 6.40
Allahabad Bank 61 days to 90 days Less than Rs. 1 crore 6.00 -
UCO Bank 121 days to 150 days less than Rs. 1 cr 6.00 -
Kotak Bank 5 years and above upto 7 years Rs. 25 cr and above 6.00 -
Axis Bank 5 years to 10 years Rs. 100 cr and above 6.00 -
Dena Bank 61 days To 90 days Less than Rs. 1cr 5.75 6.25
Syndicate Bank 1 year exact Rs. 1 cr to Less than Rs. 5cr 5.75 -
State Bank of Patiala 7 days to 45 days Less than Rs. 1cr 5.50 6.00
Oriental Bank of Commerce 3 Years to less than 5 Years Rs. 10 cr and above 5.31 -
Citi Bank 1096 days and above Rs 1 cr less than 2 cr 5.30 -
Indian Bank 181 days to less than 9 months Rs. 1 cr to 5 crs 5.25 -
Central Bank of India 3 year to less than 5 years Rs. 1 cr to Rs. 10 cr 5.00 -
HSBC 36 months Less than Rs. 1cr 5.00 -
Corporation Bank 15 days to 45 days Less than Rs. 1 cr 5.00 5.00
Standard Chartered Bank 7 days to 9 days Rs. 1 cr to Less than 2 cr 4.50 -
Vijaya Bank 61 days to 90 days Less than Rs. 1 cr 4.50 -
State Bank of India (SBI) 3 years to less than 5 years Above Rs. 1 cr 4.25 -
South Indian Bank 7 days to 45 days Less than Rs. 1 cr 4.00 -
Bank of Baroda 91 days to 180 days Above Rs. 25 cr to Rs 50 cr 4.00 -
Zoroastrian Co-operative Bank Above 7 years upto 10 years Less than Rs. 1 cr 4.00 4.25
Indian Overseas Bank 30 days to 45 days Upto Rs. 1 cr 4.00 -
Royal Bank of Scotland 188 days upto 270 days Less than Rs. 1 cr 4.00 -
Catholic Syrian Bank 15 days to 29 days Rs. 1 cr and above 3.50 -
Karnataka Bank 7 days to 45 days Rs. 2 cr to upto 10 crs - 3.50

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.

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Bank Interest Rates & Calculators
Public Sector / Nationalized Banks
Indian Private Sector Banks
Foreign Banks
Cooperative Banks