With SBI Here’re The Banks That Revised Fixed Deposit Interest Rates On February

For risk-averse investors who are waiting for a hike in fixed deposit interest rates, last month most of the leading banks have hiked their interest rates post the Reserve Bank of India (RBI) opted to hold the repo and reverse repo rates steady once again at its bi-monthly monetary policy meeting on February 10, 2022. As a result, we shall analyse the interest rates on fixed deposits of less than Rs 2 Cr of banks, including the SBi, which were revised in February 2022.

State Bank of India (SBI)

Tenors	Existing Rates for Public w.e.f. 15.01.2022	Revised Rates For Public w.e.f. 15.02.2022	Existing Rates for Senior Citizens w.e.f. 15.01.2022	Revised Rates for Senior Citizens w.e.f. 15.02.2022
7 days to 45 days	2.9	2.9	3.4	3.4
46 days to 179 days	3.9	3.9	4.4	4.4
180 days to 210 days	4.4	4.4	4.9	4.9
211 days to less than 1 year	4.4	4.4	4.9	4.9
1 year to less than 2 year	5.1	5.1	5.6	5.6
2 years to less than 3 years	5.1	5.2	5.6	5.7
3 years to less than 5 years	5.3	5.45	5.8	5.95
5 years and up to 10 years	5.4	5.5	6.2	6.3
Source: Bank Website

Bank of Baroda

Tenors	Below Rs 2 Cr. (w.e.f. 25.02.2022)
7 days to 14 days	2.8
15 days to 45 days	2.8
46 days to 90 days	3.7
91 days to 180 days	3.7
181 days to 270 days	4.3
271 days & above and less than 1 year	4.4
1 year	5
Above 1 year to 400 days	5.1
Above 400 days and upto 2 Years	5.1
Above 2 Years and upto 3 Years	5.1
Above 3 Years and upto 5 Years	5.25
Above 5 Years and upto 10 Years	5.25
0.50% additional for all tenors up to 5 years for senior citizens
1.00% for "Above 5 years to up to 10 years" tenor and valid till 31.03.2022.
Source: Bank Website

Central Bank of India

Tenors	Less than Rs 2 Cr w.e.f. 10.2.2022	Senior citizens
7 - 14 days	2.75	3.25
15 - 30 days	2.9	3.4
31 - 45 days	2.9	3.4
46 - 59 days	3.25	3.75
60 - 90 days	3.25	3.75
91- 179 days	3.8	4.3
180 - 270 days	4.25	4.75
271 - 364 days	4.25	4.75
1 year to less than 2 years	5	5.5
2 years to less than 3 years	5.1	5.6
3 years to less than 5 years	5.1	5.6
5 years and above up to 10 years	5.15	5.65
Source: Bank Website

UCO Bank

Tenor	General	Senior citizen
7 - 14 Days	2.55%	2.80%
15 - 29 Days	2.55%	2.80%
30 - 45 Days	2.80%	3.05%
46 - 60 Days	3.55%	3.80%
61 - 90 Days	3.55%	3.80%
91 - 120 Days	3.70%	3.95%
121 - 150 Days	3.70%	3.95%
151-180 Days	3.70%	3.95%
181 to 364 days	4.40%	4.65%
1 year	5.10%	5.35%
More than 1 year but upto 2 Years	5.10%	5.60%
Above 2 Years upto 3 Years	5.10%	5.60%
Above 3 Years and less than 5 Years	5.30%	5.80%
5 years and above	5.10%	5.60%
Source: Bank Website. With effect from 10.02.2022

Federal Bank

Tenors	General Public	Senior Citizen
7 days to 29 days	2.50%	3.00%
30 days to 45 days	3.00%	3.50%
46 days to 90 days	3.25%	3.75%
91 days to 180 days	3.75%	4.25%
181 days to less than 1 year	4.40%	4.90%
1 year to 699 Days	5.15%	5.65%
700 Days	5.25%	5.75%
701 Days to less than 2 years	5.15%	5.65%
2 years to less than 3 years	5.35%	5.85%
3 years to less than 5 years	5.40%	5.90%
5 years to 2221 days	5.60%	6.25%
2222 Days	5.75%	6.40%
2223 days and above	5.60%	6.25%
Source: Bank Website. With effect from 22.02.2022

HDFC Bank

Tenors	General Public	Senior Citizen
7 - 14 days	2.50%	3.00%
15 - 29 days	2.50%	3.00%
30 - 45 days	3.00%	3.50%
46 - 60 days	3.00%	3.50%
61 - 90 days	3.00%	3.50%
91 days - 6 months	3.50%	4.00%
6 months 1 day - 9 months	4.40%	4.90%
9 months 1 day < 1 Year	4.40%	4.90%
1 Year	5.00%	5.50%
1 year 1 day - 2 years	5.00%	5.50%
2 years 1 day - 3 years	5.20%	5.70%
3 year 1 day- 5 years	5.45%	5.95%
5 years 1 day - 10 years	5.60%	6.35%
Source: Bank Website. W.e.f. 14.02.2022

IDBI Bank

Tenors	General Public	Senior Citizen
07-14 days	2.7	3.2
15-30 days	2.7	3.2
31-45 days	2.8	3.3
46-60 days	3	3.5
61-90 days	3	3.5
91-6 months	3.5	4
6 months 1 day to 270 days	4.3	4.8
271 days upto < 1 year	4.3	4.8
1 year	5.05	5.55
> 1 year - 2 years	5.15	5.65
> 2 years to < 3 years	5.2	5.7
3 years to < 5 years	5.4	5.9
5 years	5.5	6
> 5 years - 7 years	5.5	6
> 7 years - 10 years	5.25	5.75
Source: Bank Website. W.e.f. 14.02.2022

IndusInd Bank

Tenors	General Public	Senior Citizen
7 days to 14 days	2.75	3.25
15 days to 30 days	3	3.5
31 days to 45 days	3.25	3.75
46 days to 60 days	3.5	4
61 days to 90 days	3.75	4.25
91 days to 120 days	4	4.5
121 days to 180 days	4.5	5
181 days to 210 days	4.6	5.1
211 days to 269 days	4.75	5.25
270 days to 354 days	5.5	6
355 days to 364 days	5.5	6
1 Year to below 1 Year 6 Months	6	6.5
1 Year 6 Months to below 1 Year 7 Months	6	6.5
1 Year 7 Months to below 2 Years	6	6.5
*2 years to below 2 years 6 Months	6.5	7
*2 years 6 months to below 2 years 9 Months	6.5	7
*2 years 9 months upto 3 years	6.5	7
*Above 3 years upto 61 months	6.5	7
61 months and above	6	6.5
Indus Tax Saver Scheme (5 years)	6.5	7
Source: Bank Website. W.e.f. 16.02.2022

Karur Vysya Bank

Tenors	General Public	Senior Citizen
7 Days to 14 days	3.25%	3.25%
15 Days to 30 days	3.25%	3.25%
31 Days to 45 days	3.25%	3.25%
46 Days to 90 days	3.50%	3.50%
91 Days to 120 Days	3.75%	3.75%
121 Days to 180 Days	4.00%	4.00%
181 Days to 270 days	4.50%	4.50%
271 Days to less than 1 year	4.50%	4.50%
1 year to less than 2 years	5.40%	5.90%
2 years to less than 3 years	5.50%	6.00%
3 years to less than 5 years	5.65%	6.15%
5 years and above	5.80%	5.80%
KVB - Tax Shield	5.90%	5.90%
Source: Bank Website. W.e.f. 18.02.2022

Kotak Mahindra Bank

Tenors	General Public	Senior Citizen
7 - 14 Days	2.50%	3.00%
15 - 30 Days	2.50%	3.00%
31 - 45 Days	2.75%	3.25%
46 - 90 Days	2.75%	3.25%
91 - 120 Days	3.00%	3.50%
121 - 179 days	3.25%	3.75%
180 Days	4.40%	4.90%
181 Days to 269 Days	4.40%	4.90%
270 Days	4.40%	4.90%
271 Days to 363 Days	4.40%	4.90%
364 Days	4.50%	5.00%
365 Days to 389 Days	4.90%	5.40%
390 Days (12 months 25 days)	5.10%	5.60%
391 Days - Less than 23 Months	5.10%	5.60%
23 Months	5.10%	5.60%
23 months 1 Day- less than 2 years	5.10%	5.60%
2 years- less than 3 years	5.20%	5.70%
3 years and above but less than 4 years	5.45%	5.95%
4 years and above but less than 5 years	5.45%	5.95%
5 years and above upto and inclusive of 10 years	5.50%	6.00%
Source: Bank Website. W.e.f. 23.02.2022

Nainital Bank

Tenors	General Public
7 days to 14 days	3.25%
15 days to 30 days	3.25%
31 days to 45 days	3.25%
46 days to 90 days	4.25%
91 days to 179 days	4.25%
180 days and above but less than 270 days	4.95%
270 days and above but less than 1 year	5.05%
1 year and above but less than or equal to 18 months	5.10%
Above 18 months but less than or equal to 2 years	5.35%
Above 2 years but less than or equal to 3 years	5.35%
Above 3 years but less than or equal to 5 years	5.35%
Above 5 years but less than or equal to upto 10 years	5.35%
Naini Tax Saver Scheme	6.10%
0.5% additional for senior citizens across all tenors except Naini Tax Saver Scheme
Source: Bank Website. W.e.f. 10.02.2022

RBL Bank

Tenors	General Public	Senior Citizens
7 days to 14 days	3.25%	3.75%
15 days to 45 days	3.75%	4.25%
46 days to 90 days	4.00%	4.50%
91 days to 180 days	4.50%	5.00%
181 days to 240 days	5.00%	5.50%
241 days to 364 days	5.25%	5.75%
12 months to less than 24 months	6.25%	6.75%
24 months to less than 36 months	6.50%	7.00%
36 months to less than 60 months	6.30%	6.80%
60 months to 60 months 1 day	6.30%	6.80%
60 months 2 days to less than 120 months	5.75%	6.25%
120 months to 240 months	5.75%	6.25%
Tax Savings Fixed Deposit (60 months)	6.30%	6.80%
Source: Bank Website. W.e.f. 03.02.2022