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Ever since the Reserve Bank of India slashed its repo rate by 50 basis points on April 17, banks have dropped their deposit rates. Goodreturns.in has complied the revised interest rates for various banks that have announced a cut.
PSU banks
|
Banks
|
Tenor
|
Revised I R
|
|
SBI
|
7 days – 1year
1 year - 3 years 3 years-10 years |
7.25%-7.80%,
9%, 8.75% |
|
PNB
|
7 days - 1 year
1 year- 5 years 5 years- 10 years |
4%-9.25%,
9.25%-9.50%, 9.00% |
|
BOB
|
7 days- 1 year
1 year- 3 years 3 years-10 years |
5%- 8%,
9.25%-9.35%, 8.50%- 9.00% |
|
IDBI
|
46 day- 1 year
1 year- 5 years 5 years -10 years |
7.50%-9.50%,
10%, 9.75% |
Private Banks
|
Banks
|
Tenor
|
Revised I R
|
|
ICICI
|
7 days - 1 year
1 year - 5 year 5 years-10 years |
3.75%-7.50%,
8.00%-9.25%, 8.50% |
|
HDFC
|
7 days – 1 year
1 year - 5 years 5 years 10 years |
3.50%-9.00%,
8.50%-9.25%, 8.25% |
|
Kotak bank
|
7 days - 1 year
1 year -5 years 5 Years - 10 years |
6.00%- 9.00%,
9.00-9.58%, 9.00% |
Post office
|
Banks
|
Tenor
|
Revised I R
|
|
Post office
|
1 year,
3 years, 5 years |
8.20%,
8.40%, 8.50% |
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