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Standard Chartered Bank Revises Interest Rates On FD: Check New Rates Here

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Standard Chartered Bank, with 100 branches in 43 cities and a record spanning since 1858, is India's largest international bank in terms of bank branches. The bank has recently revised its fixed deposit interest rates, which are in effect from July 23, 2021. Standard Chartered Bank is providing a 1.75 percent interest rate on FDs with a maturity of 7 to 59 days, 2.30 percent for FDs with a maturity of 60 to 89 days, and 3.5 percent for FDs with a maturity of 90 to 120 days. After the most recent adjustment, Standard Chartered Bank offers a 3.25 percent interest rate on FDs maturing in 121 days to less than 180 days. The bank will now pay 4.40 percent interest on deposits maturing in 181 days to less than 210 days. For deposits maturing in 211 days to 364 days, Standard Chartered Bank provides a 4.60 percent interest rate. On various maturities, Standard Chartered Bank gives elderly folks a higher rate. On deposits expiring in 7 days to 5 years, senior residents will get an interest rate ranging from 1.75 percent to 5.90 percent respectively.

 
Standard Chartered Bank Revises Interest Rates On FD: Check New Rates Here

Standard Chartered Bank FD Rates In 2021

Here are the most recent interest rates of Standard Chartered Bank fixed deposits for a deposit amount of less than Rs 2 Cr.

TenureLess than Rs 2 CrLess than Rs 1 Cr (Senior Citizens)
7-9 days1.75%1.75%
10-14 days1.75%1.75%
15 -17days1.75%1.75%
18-20days1.75%1.75%
21-23days1.75%1.75%
24-26 days1.75%1.75%
27-29days1.75%1.75%
30-32 days1.75%1.75%
33-35 days1.75%1.75%
36-38 days1.75%1.75%
39-41 days1.75%1.75%
42-44 days1.75%1.75%
45 -47 days1.75%1.75%
48-50 days1.75%1.75%
51-53 days1.75%1.75%
54-56 days1.75%1.75%
57-59 days1.75%1.75%
60-74 days2.30%2.30%
75-89 days2.30%2.30%
90 -104 days3.50%3.50%
105-120 days3.50%3.50%
121 -149 days3.25%3.25%
150-164 days3.25%3.25%
165-180 days3.25%3.25%
181-210 days4.40%4.40%
211-226 days4.60%4.60%
227 - 269 days4.60%4.60%
270 days-345 days4.60%4.60%
346 days-364 days4.60%4.60%
1yr - 375days5.30%5.80%
376 -390 days5.20%5.70%
391 days to 18 Months5.20%5.70%
18M to 21M5.40%5.90%
21M to 2 Yrs5.25%5.75%
2 Yrs to 3 Yrs5.40%5.90%
3 Yrs to 4 Yrs5.35%5.85%
4 Yrs to 5Yrs5.40%5.90%
Source: Standard Chartered Bank

Story first published: Sunday, July 25, 2021, 10:21 [IST]
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