Comparing HDFC Bank Vs ICICI Bank Vs Kotak Bank FD Interest Rates

Comparing HDFC Bank Vs ICICI Bank Vs Kotak Bank FD Interest Rates

This year's rise in inflation has led the RBI to increase its interest rates on loans and deposits for other banks. As per the interest rates hiked by RBI, the banks are also increasing their interest rates, and much-fixed deposit interest has been changing recently. Banks like HDFC, ICICI, and Kotak are on the long list of banks which increased their interest on fixed deposits.

Here is the latest list of HDFC, ICICI Bank, and Kotak Bank Fixed deposits interest rates

HDFC Bank- For the ones with an account in HDFC bank, the interest rates are as follows

• 7 to 14 Days - 2.75%.
• 15 to 29 Days - 2.75%.
• 30 to 89 Days - 3.25%.
• 90 to 6 months - 3.75%.
• Six months one day to 9 months- 4.65%.
• Nine months one day to 1 year- 4.65%.
• One year- 5.50%.
• One year one day to 3 years- 5.50%.
• Three years one day to 5 years- 6.10%.
• Five years one day to 10 years - 5.75%.

ICICI Bank - For the ones with an account in ICICI bank, the interest rates are as follows

• 7 to 14 Days - 2.75%.
• 15 to 30 Days - 2.75%.
• 31 to 90 Days - 3.25%.
• 91 to 184 Days - 3.75%.
• 185 to less than a year - 4.65%.
• One year to 2 years - 5.50%.
• Two years one day to 3 years- 5.60%.
• Three years one day to 5 years - 6.10%.
• Five years one day to 10 years - 5.90%.

Kotak Bank - For people with an account in Kotak bank, the interest rates are as follows

• 7 to 14 Days - 2.50%.
• 15 to 30 Days - 2.65%.
• 31 to 90 Days - 3.25%.
• 91 to 179 Days - 3.75%.
• 180 to 363 Days - 5%.
• 364 Days - 5.25%.
• 365 to 389 Days - 5.75%.
• 390 Days to less than 23 months- 6%.
• Twenty-three months - 6.10%.
• Two years to less than three years - 6.00%.
• 3 to 5 years - 6.00%.
• 5 to 10 years - 10%.

The interest rates of banks mentioned above are applicable for domestic deposits of less than two crores.