Fixed deposit rates: After the RBI hiked the repo rate six times in a row, all banks hiked interest rates on FDs. Currently, the RBI kept interest rates stable in the current fiscal year at the Monetary Policy Committee (MPC) meeting on Thursday. Currently, small financial banks, foreign banks and small private banks, from private to state banks, are offering high rates on all FDs. Today, here we inform you about the interest rate of the top 10 banks for FD for a period of three years.
If you are planning to invest in FDs at higher interest rates, you can invest in these FDs by investing in them and earning good interest in the process. FD is not only a safe investment opportunity, but has also become a source of good returns. Banks have significantly increased interest rates on FD.
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1. HDFC Bank offers its general customers interest rates ranging from 3.00 percent to 7.25 percent on FDs with terms ranging from 7 days to 10 years.
2. ICICI Bank offers interest rates ranging from 3.00 per cent to 7.60 per cent for FDs with maturities of 7 days to 10 years for FDs with a value of less than Rs. 2 crore to its general customers.
3. The State Bank of India offers its customers an interest rate between 3.00% and 7.10% for FDs with a term of 7 days to 10 years for FDs less than 2 Crores.
4. Axis Bank offers its general customers an interest rate of 3.50 to 7.85 per cent on FDs of less than 2 crore rupees. These rates are offered for FDs with maturities ranging from 7 days to 10 years.
5. The Bank of Baroda (BOI) offers interest rates between 3.00 and 7.25 percent on its FDs with maturities from 7 days to 10 years. The bank offers these rates to general customers for deposits of less than 2 crore rupees.
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6. PNB offers interest rates between 3.50 and 7.50 percent on its FDs with maturities ranging from 7 days to 10 years. The bank offers these rates to general customers for deposits of less than 2 crore rupees.
7. Union Bank offers interest rates ranging from 3.00% to 7.00% on their FDs with maturities ranging from 7 days to 10 years. The bank offers these rates to general customers for deposits of less than 2 crore rupees.
8th. Canara Bank offers interest rates ranging from 4.00 to 7.25 percent on their FDs with terms ranging from 7 days to 10 years.
9. Kotak Mahindra Bank offers interest rates ranging from 2.75 percent to 7.20 percent on its FDs with maturities ranging from 7 days to 10 years.
10 Yes Bank offers interest rates ranging from 3.25 percent to 7.50 percent on their FDs with terms ranging from 7 days to 10 years.
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Tags: Bank FD, FD prices, fixed deposits
FIRST RELEASED : Jun 08, 2023 3:51 PM IST
