HDFC to ICICI Bank: Check latest FD rates of 5 banks
Bank Fixed Deposit Rates In India: Before investing, examine the FD rates given by various banks.
business Jun 28 2024
Author: Richa Barua Image Credits:Freepik
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Punjab National Bank (Rates for deposits less than Rs 2 crore)
Fixed deposit rates at PNB vary from 3.50 to 7.50 percent. Normal investors receive 6.75 percent on one-year fixed deposits, while seniors earn 7.25 percent.
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ICICI Bank (Rates for deposits less than Rs 5 crore)
The Bank provides FD rates from 3% to 7.50%. Seniors earn 0.5% interest, resulting in rates from 3.50% to 7.50% for 7-day to 10-year terms. Customers can earn 6.70% on 1-year FD
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HDFC Bank (Rates for deposits of less than Rs 2 crore)
The bank offers low one-year fixed deposit rates of 6.60% for normal investors and 7.10% for seniors. Depending on maturity, it provides 3% to 7.75% interest rates for consumers.
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ICICI Bank (Rates for deposits less than Rs 5 crore)
This bank provides FD rates from 3% to 7.50%. Seniors earn 0.5% interest, resulting in rates from 3.50% to 7.50% for 7-day to 10-year terms. Customers can earn 6.70% on 1-year FD.
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State Bank of India (Rates for deposits of less than Rs 2 crore)
SBI may anticipate interest rates ranging from 3% to 7%, with the elderly receiving an extra 50 basis points.
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SBI FD Rates
The bank offers a 6.80 per cent interest rate on one-year FDs, while the rate is 7 per cent for two to less than three years.