Comments
A fixed deposit is a trusted way to maintain liquidity and earn an assured rate of return on the capital. Interest rates vary from one bank to another. Let's take a comprehensive look at the interest rates on offer today.
–
| Bank | <1 year | 1 to 2 years | 2 to 3 years | 3 to 5 years | w.e.f |
| FOREIGN BANKS | |||||
| DBS Bank | 4.75 | 7.25 | 7.5 | 6.5 | Jul 10 |
| Deutsche Bank | 7 | 7.75 | 8 | 7.5 | Oct 10 |
| HSBC | 4.5 | 6.25 | 7.25 | 7 | Sep 07 |
| Scotia Bank | 3.7 | 3.9 | 4 | 4 | Oct 01 |
| Standard Chartered | 6.5 | 7.5 | 7.5 | 7.1 | Oct 13 |
| INDIAN: PUBLIC SECTOR BANKS | |||||
| Bank of Maharashtra | 7 | 6.75 | 6.25 | 6 | Oct 12 |
| Bank of Baroda | 6.25 | 7.15 | 7.25 | 6.5 | Oct 09 |
| Bank of India | 5.75 | 7.25 | 6.75 | 6.5 | Oct 01 |
| Canara Bank | 6.25 | 7.25 | 6.85 | 6.8 | Oct 05 |
| Central Bank of India | 5.75 | 7.1 | 6.5 | 6.5 | Aug 10 |
| Indian Bank | 7.05 | 7.25 | 6.7 | 6.25 | Mar 04 |
| Indian Overseas Bank | 5.35 | 7.25 | 6.8 | 6.5 | Apr 10 |
| Punjab National Bank | 5.8 | 7.25 | 7 | 6.5 | Jul 01 |
| Punjab & Sind Bank | 6.5 | 7.4 | 6.5 | 6 | Oct 01 |
| State Bank of India | 5.75 | 7.1 | 7 | 6.5 | Feb 15 |
| UCO Bank | 6 | 7.05 | 6.3 | 6.2 | Jun 12 |
| Union Bank | 5.25 | 7 | 6.5 | 6.7 | May 23 |
| INDIAN: PRIVATE SECTOR BANKS | |||||
| Axis Bank | 6 | 7.1 | 7.1 | 7.1 | Oct 12 |
| Bandhan Bank | 4.5 | 7.85 | 7.25 | 7.25 | Jul 05 |
| Catholic Syrian | 4.25 | 7.35 | 5.75 | 5.75 | Jun 22 |
| City Union Bank | 6.5 | 7 | 6.5 | 6.25 | Apr 05 |
| DCB Bank | 7.25 | 7.75 | 7.9 | 7.9 | Sep 27 |
| Dhanlaxmi Bank | 6.75 | 7.25 | 6.5 | 6.6 | Aug 01 |
| Federal Bank | 6 | 7.3 | 7.05 | 6.6 | Sep 21 |
| HDFC Bank | 6 | 7.1 | 7.15 | 7.2 | Oct 01 |
| ICICI Bank | 6 | 7.1 | 7.1 | 7 | Feb 24 |
| IDBI Bank | 6.25 | 7.15 | 6.5 | 6.5 | Sep 15 |
| IDFC First Bank | 5.75 | 7.5 | 7.25 | 7 | Oct 01 |
| IndusInd Bank | 6.35 | 7.85 | 7.25 | 7.25 | Oct 01 |
| J & K Bank | 6.6 | 7.1 | 7 | 6.5 | Oct 11 |
| Karnataka Bank | 5.25 | 7.25 | 6.5 | 6.5 | Oct 03 |
| Kotak Bank | 7 | 7.25 | 7 | 6.5 | Sep 13 |
| Karur Vysya Bank | 6.5 | 7.5 | 7 | 6.5 | Sep 01 |
| RBL Bank | 6.05 | 7.8 | 7.5 | 7.1 | Jun 01 |
| South Indian Bank | 6 | 7.2 | 7 | 6.5 | Aug 23 |
| Tamilnad Mercantile Bank | 6 | 7 | 6.75 | 6.5 | Aug 14 |
| TNSC Bank | 6 | 7.5 | 6.6 | 6.5 | NA |
| Yes Bank | 6.35 | 7.5 | 7.25 | 7.25 | Oct 04 |
| SMALL FINANCE BANKS | |||||
| AU Small Finance Bank | 6.75 | 7.75 | 8 | 7.75 | Aug 16 |
| Equitas Small Finance Bank | 6.25 | 8.5 | 8.25 | 7.5 | Aug 21 |
| Fincare Small Finance Bank | 6.5 | 8.11 | 8.51 | 8.25 | Sep 21 |
| Jana Small Finance Bank | 7.75 | 8.25 | 8.5 | 7.25 | Aug 15 |
| Suryoday Small Finance Bank | 6 | 8.5 | 8.6 | 8.25 | Aug 07 |
| Utkarsh Small Finance Bank | 6.5 | 8.5 | 8.5 | 8.25 | 21-Aug |
| Ujjivan Small Finance Bank | 6.5 | 8.25 | 7.75 | 7.2 | Jun 01 |
–
Compiled by BankBazaar.com from respective bank's website as on the date mentioned above. Note that fixed interest rates may be subject to a revision after a specified tenure depending on the bank's T&Cs.
Some banks/FIs allow fixed rate only for a definite period and thereafter prevailing floating rates are made applicable.
Comments
SHARE
- Copy link
- Telegram
Published on March 19, 2019
COMMENT NOW
This article is closed for comments.
Please Email the Editor
Please Email the Editor
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.