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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

60 Results found
Bank Name Maturity Period Deposit Amount Interest Rate
General Senior Citizen
Kapole Co-operative Bank 12 months to 24 months Less than Rs. 15 lakh 8.00 8.25
Deutsche Bank Above 1.5 years to 2 years Less than Rs. 1 cr 8.00 8.00
Thane Janata Sahakari Bank Above 12 months to 36 months 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
Lakshmi Vilas Bank 1000 days Up to Rs. 1 cr 7.50 -
HDFC Bank 2 years 1day - 2 Years 15 days Less than Rs. 1 cr 7.40 -
Bandhan Bank 1 year to 18 months Less than Rs. 1 cr 7.35 7.85
Abu Dhabi Commercial Bank 1235 to 5 Years Rs. 1 cr to 5 crs 7.30 7.80
Janakalyan Sahakari Bank Above 12 months to 30 months Less than Rs. 15 lakh 7.25 7.50
Shamrao Vithal Co-operative Bank Mangal Moorti Scheme 24 mnths (simple int) Less than Rs. 1 cr 7.25 -
DCB Bank 36 months Less than Rs. 1 cr 7.25 -
Zoroastrian Co-operative Bank Above 15 months to 2 years Less than Rs. 1 cr 7.10 7.35
Dhanalakshmi Bank Above 1 upto and inclusive of 2 years Less than Rs. 1 cr 7.00 -
ICICI Bank 5 years 1 day upto 10 years Less than Rs. 1 cr 7.00 -
Tamilnad Mercantile Bank Above 1 year to to less than 3 years Less than Rs. 15 lakh 6.95 -
South Indian Bank 92 days to 499 days Less than Rs. 10 lacs 6.90 7.40
Punjab and Sind Bank Above 5 years to 10 years Less than Rs. 1cr 6.80 7.30
Indian Overseas Bank 1year Upto Rs. 1 cr 6.75 -
City Union Bank (CUB) Above 5 years and upto 10 years Up to Rs. 1 cr 6.70 -
Syndicate Bank 1 year exact Rs. 1 cr to Less than Rs. 5cr 6.70 -
Union Bank of India Above 14 Month to 3 years Less than Rs. 1 cr 6.70 -
Nainital Bank Naini Tax Saver Scheme - 5 years to 10 Years Upto Rs. 1 lakh 6.60 6.60
Axis Bank 15 months to less than 16 months Rs. 10 cr to less than Rs. 25 cr 6.50 -
Abhyudaya Co-operative Bank 180 days to 210 days Less than Rs. 1 cr 6.50 7.00
Bank of Maharashtra 1 year to less than 3 years Less than Rs. 1 cr 6.50 7.00
Central Bank of India CENT Tax Saving Deposit - 5 Years Upto Rs. 1 lakh 6.50 7.00
Small Industries Development Bank of India 37 months to 60 months Less than Rs. 1 cr 6.50 7.00
Bandhan Co-operative Bank 7 years to up to 10 years Less than Rs. 1 cr 6.40 6.90
Corporation Bank 271 to less than 1 year Less than Rs. 1 cr 6.35 -
State Bank of India (SBI) 180 days to 210 days Less than Rs. 1 cr 6.35 6.85
Andhra Bank 6 months to less than 9 months Above Rs. 50 cr to less than Rs. 100 cr 6.26 -
J&K Bank 91 days to 180 days Rs. 1 cr to less than Rs. 5 cr 6.25 -
Saraswat Co-operative Bank Above 1 year up to 24 months 3 crore and above 6.15 6.40
Standard Chartered Bank 90 days to 104 days Rs. 2 cr to Less than 3 cr 6.10 -
Bassein Catholic Co-operative Bank 91 days to 180 days Rs. 15 lakh and above 6.00 6.25
Bank of India 180 days to 269 days Less than Rs. 1 cr 6.00 -
Catholic Syrian Bank Above 1 Year to less than 3 years Rs. 1 cr and above 6.00 -
Allahabad Bank 91 days to 179 days Less than Rs. 1 crore 6.00 -
Vijaya Bank More than 1year to less than 2 Years Rs. 50 cr to 75 cr 6.00 -
Yes Bank 7 days to 45 days Less than Rs. 1cr 5.75 6.25
IDBI Bank 31 days to 45 days less than Rs. 1cr 5.75 -
The Ratnakar Bank 15 days to 45 days Rs. 1 cr and above to upto Rs 3 cr 5.75 6.25
Dena Bank 91 days to 120 days Less than Rs. 1cr 5.75 6.25
Oriental Bank of Commerce 180 days to 269 days Rs. 10 cr and above 5.31 -
Bank of Baroda 46 days to 90 days Above Rs. 100 cr 5.25 -
Kotak Bank 31 days to 45 days Less than Rs. 1 cr 5.00 5.00
Punjab & Maharashtra Co-operative Bank 61 days to 90 days Less than Rs. 25 lakh 5.00 -
Citi Bank 26 days to 35 days Rs 3 cr less than 5 cr 5.00 -
HSBC 365 days Less than Rs. 1cr 5.00 -
Indus Ind Bank 15 days to 30 days Above Rs. 15 lakh to Rs. 1 cr 4.75 -
Canara Bank 61 days to 90 days Less than Rs. 1cr 4.75 -
UCO Bank above 2 years upto 3 years Upto Rs. 1 cr 4.75 -
Indian Bank 1 year Rs. 1 cr to 5 crs 4.75 -
Punjab National Bank 7 days to 14 days Less than Rs. 1 cr 4.25 4.75
Royal Bank of Scotland 4 year to less than 5 years Less than Rs. 1 cr 4.00 4.25
United Bank of India 7 days to 14 days Rs. 1 cr and above 4.00 -
Federal Bank 7 days to 14 days Less than Rs. 1 cr 3.50 4.00
Bombay Mercantile Co-operative Bank Above 18 months to 5 year Less than Rs. 15 lakh - 9.00
Karnataka Bank 7 days to 45 days Above Rs. 1 cr and upto 2 crs - 4.00
Karur Vysya Bank 3 years to 5 years Less than Rs. 1 cr - 7.50

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.

Find IFSC

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

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