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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
Deutsche Bank 5 years Less than Rs. 1cr 8.25 -
Kapole Co-operative Bank Above 24 months to 36 months Less than Rs. 15 lakh 7.50 7.75
Bharat Co-operative Bank Above 3 years to 5 years Less than Rs. 15 lakh 7.50 7.75
Zoroastrian Co-operative Bank 1 year to less than 5 years Less than Rs. 1 cr 7.30 -
Bombay Mercantile Co-operative Bank Above 2 years to 3 years Less than Rs. 1cr 7.25 7.50
Standard Chartered Bank 391 days to less than 18 months Rs. 1 cr to Less than 2 cr 7.25 -
DCB Bank 36 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 -
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 -
Karur Vysya Bank 3 years and above Less than Rs. 1 cr 7.00 -
Lakshmi Vilas Bank 1001 days to 10 years Less than Rs. 1 cr 7.00 -
South Indian Bank Above 3 years to up to and incl.5 years Less than Rs. 1 cr 7.00 -
The Ratnakar Bank 241 days to 364 days Rs. 1 cr and above to upto Rs 3 cr 6.95 7.66
IDBI Bank Only 5 yrs less than Rs. 1cr 6.85 -
Punjab and Sind Bank Above 5 years to 10 years Less than Rs. 1cr 6.80 7.30
Bandhan Co-operative Bank 6 months to less than 1 year Less than Rs. 1 cr 6.80 7.30
HDFC Bank 91 days to less than 6 months Rs. 1 cr to up to 5 crs 6.75 -
Union Bank of India 10 Month to 14 Month Less than Rs. 1 cr 6.75 -
City Union Bank (CUB) Above 5 years and upto 10 years Up to Rs. 1 cr 6.70 6.95
Bank of Baroda 1 year Above Rs. 100 cr 6.70 -
Dena Bank 1 year Less than Rs. 1cr 6.65 -
Nainital Bank Naini Tax Saver Scheme - 5 years to 10 Years Upto Rs. 1 lakh 6.60 6.60
Axis Bank 1 year to less than 13 months Rs. 50 cr to less than Rs. 100 cr 6.50 -
Dhanalakshmi Bank Above 5 years and upto and inclusive of 10 years Less than Rs. 1 cr 6.50 -
Indus Ind Bank 46 days to 60 days Above Rs. 15 lakh to Rs. 1 cr 6.50 -
Karnataka Bank Above 2 years to 10 years Upto Rs. 5 cr 6.50 -
Allahabad Bank 5 years and upto 10 years Less than Rs. 1 cr 6.50 -
Central Bank of India 180 days to 270 days Less than Rs. 1cr 6.50 -
Small Industries Development Bank of India 37 months to 60 months Less than Rs. 1 cr 6.50 7.00
Andhra Bank 91 days to 179 days Rs. 100 cr and Above 6.26 -
State Bank of India (SBI) 1 year to 455 days Rs. 1 cr to 10 crs 6.25 -
Catholic Syrian Bank 3 years Rs. 1 cr and above 6.25 -
J&K Bank 91 days to 180 days Less than Rs. 1 cr 6.25 6.75
Syndicate Bank 1 year to 499 days Rs. 1 cr to Less than Rs. 5cr 6.25 -
Canara Bank 3 years and above to less than 5 years Less than Rs. 1cr 6.20 6.70
Indian Overseas Bank Above 3 years to less than 5 years Upto Rs. 1 cr 6.00 -
Bank of India 46 days to 90 days Less than Rs. 1 cr 5.75 -
Janakalyan Sahakari Bank 5 years to 10 years Rs. 1 cr to less than Rs. 5 cr 5.75 -
Thane Janata Sahakari Bank 91 days to 180 days Upto Rs. 15 lakh 5.50 5.50
Kotak Bank 46 days to 90 days Less than Rs. 1 cr 5.50 -
Abhyudaya Co-operative Bank 7 days to 90 days Less than Rs. 1 cr 5.50 -
Tamilnad Mercantile Bank 30 days to 45 days Less than Rs. 15 lakh 5.25 -
UCO Bank 46 days to 90 days 50 crs and above 5.25 -
Vijaya Bank 30 days to 45 days Rs. 200 cr and above 5.25 -
Corporation Bank 3 Years and Above Less than Rs. 1 cr 5.00 -
Citi Bank 36 days to 45 days Rs 1 cr less than 2 cr 5.00 -
HSBC 36 months Less than Rs. 1cr 5.00 -
Federal Bank 30 days to 60 days Less than Rs. 1 cr 5.00 -
Bank of Maharashtra 91 days to 364 days Rs. 1 cr to 5 crs 4.75 -
Bassein Catholic Co-operative Bank 15 days to 29 days Rs. 15 lakh and above 4.50 4.75
Indian Bank 3 years and above Rs. 1 cr to 5 crs 4.50 -
Oriental Bank of Commerce 46 days to 90 days Rs. 1 cr and above upto 10 crs 4.50 -
Punjab National Bank Above 5 years to 10 years Rs. 1 cr to Rs. 10 cr 4.50 -
Saraswat Co-operative Bank 15 days to 30 days Less than Rs. 1 cr 4.25 -
United Bank of India 3 years to less than 5 years Rs. 1 cr and above 4.25 -
ICICI Bank 15 days to 29 days Less than Rs. 1 cr 4.25 -
Royal Bank of Scotland 188 days upto 270 days Less than Rs. 1 cr 4.00 -
Bandhan Bank 31 days to Less than 2 months Less than Rs. 1 cr 4.00 4.50
Abu Dhabi Commercial Bank 15 days to 45 days Rs. 1 cr to 5 crs 3.85 4.35

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.

Find IFSC

Public Sector / Nationalized Banks
Indian Private Sector Banks
Foreign Banks
Cooperative Banks

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