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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

63 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 7.75
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 Above 12 months upto 24 months Less than Rs. 15 lakh 7.20 -
DCB Bank 24 months to 36 months Less than Rs. 1 cr 7.15 -
City Union Bank (CUB) 1 year Up to Rs. 1 cr 7.10 -
Yes Bank Tax Saver Deposits - 5 years Upto Rs. 1 lakh 7.10 7.60
Indus Ind Bank 1 years 2 months to below 2 years Above Rs. 15 lakh to Rs. 1 cr 7.05 -
Tamilnad Mercantile Bank 1 year Less than Rs. 15 lakh 7.00 7.50
The Ratnakar Bank 120 months to 240 months Rs. 1 cr and above to upto Rs 3 cr 7.00 -
Deutsche Bank Above 3 years to 4 years 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 Above 24 mths to 60 mths Less than Rs. 15 lakh 7.00 -
Lakshmi Vilas Bank 1001 days to 10 years Less than Rs. 1 cr 7.00 7.50
Union Bank of India 180 days Less than Rs. 1 cr 6.90 -
State Bank of Mysore 1 year to 455 days Less than Rs. 1 cr 6.90 -
Dena Bank 3 years to less than 5 years Less than Rs. 1cr 6.80 7.30
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
Allahabad Bank 1 year to less than 2 years Less than Rs. 1 crore 6.60 -
State Bank of Travancore 46 days to 179 days Less than Rs. 1cr 6.50 7.00
State Bank of Hyderabad 3 years to less than 5 years Less than Rs. 1 cr 6.50 -
Vijaya Bank 3 years to 5 years Less than Rs. 1 cr 6.50 7.00
State Bank of Bikaner and Jaipur 46 days to 179 days Less than Rs. 1 cr 6.50 -
Axis Bank 14 months to less than 15 months Rs. 50 cr to less than Rs. 100 cr 6.50 -
Standard Chartered Bank 376 days to 390 day Less than Rs. 1 cr 6.50 -
Zoroastrian Co-operative Bank Above 2 years upto 7 years Less than Rs. 1 cr 6.50 6.75
Bandhan Bank 7 years to up to 10 years Less than Rs. 1 cr 6.40 6.90
IDBI Bank 2 yrs to less than 3 yrs less than Rs. 1cr 6.25 -
Thane Janata Sahakari Bank 181 days to 12 months Upto Rs. 15 lakh 6.25 -
Corporation Bank 91 days to 120 days Less than Rs. 1 cr 6.25 -
Catholic Syrian Bank 3 years Rs. 1 cr and above 6.25 -
Indian Overseas Bank 5 years and above Upto Rs. 1 cr 6.00 -
ICICI Bank 151 days to 184 days Rs. 250 cr to Less than Rs. 500 cr 6.00 -
Bank of Maharashtra Over 3 years Less than Rs. 1 cr 6.00 6.50
Indian Bank 3 years and above less then Rs. 1cr 6.00 -
Kotak Bank 181 days to 270 days Rs. 10 cr and above to Less than Rs. 25 cr 6.00 -
Abhyudaya Co-operative Bank 7 days and above to 90 days Less than Rs. 1 cr 6.00 -
South Indian Bank 91 days to less than 1 year Less than Rs. 1 cr 6.00 -
Nainital Bank 46 days to 90 days Less than Rs. 15 lakh 5.75 6.25
Federal Bank 61 days to 90 days Less than Rs. 1 cr 5.70 -
Syndicate Bank 1 year exact Rs. 5 cr to Less than Rs. 25cr 5.50 -
State Bank of Patiala 7 days to 45 days Less than Rs. 1cr 5.50 6.00
Oriental Bank of Commerce 180 days to 269 days Rs. 10 cr and above 5.31 -
Citi Bank 365 days to 400 days Rs 2 cr less than 3 cr 5.30 -
Bank of India 180 days to 269 days Rs. 100 cr and above 5.10 -
Kapole Co-operative Bank 15 days to 45 days Less than Rs. 15 lakh 5.00 5.00
HSBC 90 days to 93 days Less than Rs. 1cr 5.00 5.50
Central Bank of India 5 years and above upto 10 years Rs. 1 cr to Rs. 10 cr 5.00 -
HDFC Bank 1 Year Rs. 1 cr to up to 5 crs 4.90 -
Saraswat Co-operative Bank 31 days to 90 days 3 crore and above 4.75 4.75
Canara Bank 61 days to 90 days Less than Rs. 1cr 4.75 -
Punjab National Bank Above 5 years to 10 years Rs. 1 cr to Rs. 10 cr 4.50 -
UCO Bank 15 days to 29 days less than Rs. 1 cr 4.50 -
J&K Bank 181 days to 270 days Rs. 1 cr to less than Rs. 5 cr 4.50 5.00
United Bank of India 30 days to 45 days Rs. 1 cr and above 4.00 -
Bank of Baroda 331 days to less than 1 years Above Rs. 100 cr 4.00 -
Royal Bank of Scotland 151 days upto 187 days Less than Rs. 1 cr 4.00 4.25
Andhra Bank 7 days to 14 days Less than Rs. 1 crore 4.00 4.50
Dhanalakshmi Bank 15 days to 45 days Less than Rs. 1 cr 4.00 4.00
State Bank of India (SBI) 46 days to 179 days Rs. 1 cr to 10 crs 3.85 -
Abu Dhabi Commercial Bank 7 days to 14 days Rs. 1 cr to 5 crs 3.60 4.10
Karnataka Bank 91 days to 179 days Above Rs. 1 cr and upto 2 crs - 6.50

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

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