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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
Bharat Co-operative Bank Above 24 months upto 36 months Rs. 15 lakh and above 7.50 -
Karur Vysya Bank 3 years and above Less than Rs. 1 cr 7.50 -
Lakshmi Vilas Bank 1000 days Up to Rs. 1 cr 7.50 -
Bassein Catholic Co-operative Bank Above 18 Months to 60 Months Rs. 15 lakh and above 7.50 -
Bombay Mercantile Co-operative Bank Above 2 years to 3 years Less than Rs. 1cr 7.50 -
Deutsche Bank Above 2 years to 3 years Less than Rs. 1cr 7.50 -
Abu Dhabi Commercial Bank 1 years and above to less than 2 years Rs. 1 cr to 5 crs 7.40 -
Indus Ind Bank 1 years 2 months to below 2 years Less than Rs. 1 cr 7.40 -
DCB Bank 36 months Less than Rs. 1 cr 7.25 -
Small Industries Development Bank of India 37 months to 60 months Rs. 50 cr and above 7.25 7.75
Thane Janata Sahakari Bank Above 36 months to 60 months Less than Rs. 1 cr 7.25 -
Yes Bank 18 Months 8 Days to 18 Months 18 Days Less than Rs. 1cr 7.15 -
South Indian Bank 600 days Less than Rs. 1 cr 7.10 -
HDFC Bank 2 Years 16 days Rs. 1 cr to up to 5 crs 7.10 -
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 -
The Ratnakar Bank 60 months to 120 months Rs. 1 cr and above to upto Rs 3 cr 7.00 -
Kapole Co-operative Bank Tax Savings Scheme - 5 Years Upto Rs. 1 lakh 7.00 -
Tamilnad Mercantile Bank 3 years & Above Less than Rs. 15 lakh 6.90 -
City Union Bank (CUB) 1years and above upto 5 years Up to Rs. 1 cr 6.85 -
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
Catholic Syrian Bank 3 years Less than Rs. 1 cr 6.75 -
ICICI Bank 390 days upto 2 years Less than Rs. 1 cr 6.75 -
Federal Bank 1 year Less than Rs. 1 cr 6.70 -
Karnataka Bank 1 year to 2 years Upto Rs. 5 cr 6.65 -
Nainital Bank 5 years and above upto 10 years Less than Rs. 15 lakh 6.60 7.10
Allahabad Bank 3 years to less than 5 years Less than Rs. 1 cr 6.50 -
Bank of Baroda Above 3 Years and upto 5 Years less than Rs. 1 Cr 6.50 -
Vijaya Bank 1Year 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 -
Andhra Bank Above 3 years to 5 years Less than to Rs. 1 cr 6.50 -
Union Bank of India Above 5 years to 10 years Rs. 1cr to Rs. 10 cr 6.40 -
Bank of India 5 years & above up to 10 years Less than Rs. 1 cr 6.40 -
Bandhan Co-operative Bank 7 years to up to 10 years Less than Rs. 1 cr 6.40 6.90
UCO Bank above 3 years upto 5 years Rs. 1 cr and above to Rs. 5 cr 6.40 -
Bandhan Bank 5 years to less than 7 years Less than Rs. 1 cr 6.40 6.90
Abhyudaya Co-operative Bank Above 12 months upto 15 months Less than Rs. 1 cr 6.25 -
HSBC 18 months to 730 days Less than Rs. 1cr 6.25 -
Bank of Maharashtra 3 years Mahalaximi Less than Rs. 1 cr 6.25 -
Dena Bank 3 years above to less than 5 years Less than Rs. 1cr 6.25 -
Canara Bank 5 year and above to to less than 8 years Less than Rs. 1cr 6.25 -
Saraswat Co-operative Bank Above 24 months up to 36 months 3 crore and above 6.15 -
Kotak Bank 4 years and above to less than 5 years Rs. 25 cr and above 6.15 -
J&K Bank 03 years to less than 5 years Rs. 1 cr to less than Rs. 5 cr 6.00 -
Axis Bank 3 years to less than 5 years Rs. 5 cr to less than Rs. 10 cr 6.00 -
IDBI Bank Only 5 yrs less than Rs. 1cr 6.00 -
Indian Overseas Bank 5 years and above Upto Rs. 1 cr 6.00 -
State Bank of India (SBI) 2 years to less than 3 years Rs. 1 cr to 10 crs 6.00 -
Standard Chartered Bank 3 years to 4 years Rs. 1 cr to Less than 2 cr 5.50 -
Central Bank of India 1 year to less than 2 years Rs. 1 cr to Rs. 10 cr 5.50 -
Oriental Bank of Commerce 1 year to less than 2 years Rs. 10 cr and above 5.31 -
Citi Bank 1096 days and above Rs 5 cr less than 10 cr 5.30 -
Syndicate Bank Above 5 yrs up to 10 yrs Rs. 5 cr to Less than Rs. 25cr 5.25 -
Corporation Bank 445 days to 554 days Rs. 1 cr to Rs. 5 cr 5.25 -
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 -
United Bank of India 3 years to less than 5 years Rs. 1 cr and above 4.50 -
Zoroastrian Co-operative Bank 1 year to less than 5 years Less than Rs. 1 cr 4.00 -
Royal Bank of Scotland 5 years Less than Rs. 1 cr 4.00 -

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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