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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
Punjab & Maharashtra Co-operative Bank 13 months Less than Rs. 25 lakh 7.75 -
Bassein Catholic Co-operative Bank Above 18 Months to 60 Months Rs. 15 lakh and above 7.50 -
Bombay Mercantile Co-operative Bank Above 1 years to 2 years Less than Rs. 1cr 7.50 -
Thane Janata Sahakari Bank Above 12 months to 36 months Upto Rs. 15 lakh 7.50 8.00
Lakshmi Vilas Bank 500 days Less than Rs. 1 cr 7.25 7.75
The Ratnakar Bank 12 month to less than 24 month Rs. 1 cr and above to upto Rs 3 cr 7.05 7.77
Kapole Co-operative Bank Above 60 months Less than Rs. 15 lakh 7.00 7.25
Yes Bank 6 months to less than 9 months Less than Rs. 1cr 7.00 7.50
Union Bank of India 10 Month to 14 Month Less than Rs. 1 cr 7.00 -
Janakalyan Sahakari Bank Above 30 months to 60 months Less than Rs. 15 lakh 7.00 7.50
Zoroastrian Co-operative Bank 1year upto 24 months Less than Rs. 1 cr 7.00 7.25
Nainital Bank 1 year and above but upto 2 years Less than Rs. 15 lakh 6.90 7.40
State Bank of Mysore 1 year to 455 days Less than Rs. 1 cr 6.90 -
DCB Bank More than 36 months to 120 Months Rs. 1 cr to 5 cr 6.80 -
Indus Ind Bank 2 years 9 months to below 3 years Less than Rs. 15 lakh 6.75 7.25
South Indian Bank 1 year to 2 years Less than Rs. 1 cr 6.75 -
Axis Bank 15 months to less than 16 months Rs. 100 cr and above 6.50 -
Dhanalakshmi Bank Above 3 years and upto and inclusive of 5 years Less than Rs. 1 cr 6.50 7.00
Kotak Bank 15 months to less than 18 months Rs. 1 cr and above to Less than Rs. 5 cr 6.50 -
State Bank of Bikaner and Jaipur 46 days to 179 days Less than Rs. 1 cr 6.50 -
Federal Bank 271 days to less than1 years Less than Rs. 1 cr 6.50 -
Allahabad Bank 2 years to less than 3 years Less than Rs. 1 cr 6.50 -
Central Bank of India 180 days to 270 days Less than Rs. 1cr 6.50 -
Oriental Bank of Commerce 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
Saraswat Co-operative Bank Above 60 months up to 120 months 1 crore and above but below Rs. 3 cr 6.40 -
Abu Dhabi Commercial Bank 180 days to less than 1 years Less than Rs. 1 cr 6.40 -
Punjab and Sind Bank 180 days to 269 days Less than Rs. 1cr 6.40 6.90
ICICI Bank 5 years 1 day to 7 years Rs. 25 cr to Less than Rs. 250 cr 6.40 -
City Union Bank (CUB) 7 days to 90 days Up to Rs. 1 cr 6.25 6.25
HDFC Bank 1 year 5 days - 1 Year 15 Days Less than Rs. 1 cr 6.25 -
Bank of Maharashtra 1 year to less than 3 years Less than Rs. 1 cr 6.25 6.75
Tamilnad Mercantile Bank 3 years & Above Less than Rs. 15 lakh 6.00 6.00
Abhyudaya Co-operative Bank 7 days and above to 90 days Less than Rs. 1 cr 6.00 -
Dena Bank 121 days To 179 days Less than Rs. 1cr 6.00 6.50
Deutsche Bank 181 days to 270 days Less than Rs. 1 cr 5.95 6.45
State Bank of Patiala 7 days to 45 days Less than Rs. 1cr 5.50 6.00
Bank of India 180 days to 269 days Rs. 10 cr and above to less than Rs. 100 cr 5.10 -
Andhra Bank Above 5 years to 10 years Rs. 1 cr to less than Rs. 10 cr 5.00 -
Corporation Bank 3 Years and Above Rs. 1 cr to Rs. 5 cr 5.00 -
IDBI Bank 46 days to 60 days less than Rs. 1cr 5.00 5.00
Citi Bank 46 days to 60 days Rs 1 cr less than 2 cr 5.00 -
HSBC 36 months Less than Rs. 1cr 5.00 -
Standard Chartered Bank 42 days to 44 days Rs. 1 cr to Less than 2 cr 5.00 -
Karur Vysya Bank 7 Days to 14 days Less than Rs. 1 cr 5.00 -
Syndicate Bank 15 days to 30 days Less than Rs. 1cr 4.75 -
Shamrao Vithal Co-operative Bank 15 days to 90 days Less than Rs. 1 cr 4.75 -
J&K Bank 181 days to 270 days Rs. 1 cr to less than Rs. 5 cr 4.50 -
Bank of Baroda 7 days to 14 days Less than Rs. 1 cr 4.50 5.00
Indian Bank 3 years and above Rs. 1 cr to 5 crs 4.50 -
Punjab National Bank Above 5 years to 10 years Rs. 1 cr to Rs. 10 cr 4.50 -
State Bank of India (SBI) 1 year to 455 days Above Rs. 1 cr 4.25 -
Vijaya Bank 61 days to 90 days Rs. 1 cr to 5 crs 4.25 -
Canara Bank 15 days to 30 days Less than Rs. 1cr 4.20 -
Royal Bank of Scotland 3 year to less than 4 years Less than Rs. 1 cr 4.00 -
Indian Overseas Bank 15 days to 29 days Upto Rs. 1 cr 4.00 -
Bharat Co-operative Bank 7 days to 29 days Less than Rs. 15 lakh 4.00 -
UCO Bank 31 days to 45 days above Rs. 5 Cr and less than 25 Cr 4.00 -
United Bank of India 15 days to 29 days Rs. 1 cr and above 4.00 -
Catholic Syrian Bank 7 to 14 days (Minimum amount of deposit Rs 5 lac) Rs. 1 cr and above 3.00 -
Karnataka Bank 1 year to 2 years Above Rs. 1 cr and upto 2 crs - 6.65

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
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