Bank Fixed Deposits: Several banks, in both private and public sectors, have been hiking their fixed deposit interest rates for quite some time now. Recently, private sector banks, including HDFC Bank, Axis Bank and Kotak Mahindra Bank have hiked their interest rates on fixed deposits of various tenures and across different amounts of deposits. Fixed Deposit schemes have been the most preferred form of investment for Indian investors. FDs offer a stable and guaranteed rate of return.
Here, we list some of the banks that have hiked their fixed deposit interest rates recently, so that you can compare and invest in them.
Axis Bank Fixed Deposit Rates (For Deposits Above Rs 2 Crore)
7 days to 14 days: 3.05 per cent for General Public; 3.05 per cent for Senior Citizens
15 days to 29 days: 3.05 per cent for General Public; 3.05 per cent for Senior Citizens
30 days to 45 days: 3.2 per cent for General Public; 3.2 per cent for Senior Citizens
46 days to 60 days: 3.2 per cent for General Public; 3.2 per cent for Senior Citizens
61 days to less than 3 months: 3.35 per cent for General Public; 3.35 per cent for Senior Citizens
3 months to less than 4 months: 4 per cent for General Public; 4 per cent for Senior Citizens
4 months to less than 5 months: 4 per cent for General Public; 4 per cent for Senior Citizens
5 months to less than 6 months: 4 per cent for General Public; 4 per cent for Senior Citizens
6 months to less than 7 months: 4.25 per cent for General Public; 4.5 per cent for Senior Citizens
7 months to less than 8 months: 4.25 per cent for General Public; 4.5 per cent for Senior Citizens
8 months to less than 9 months: 4.25 per cent for General Public; 4.5 per cent for Senior Citizens
9 months to less than 10 months: 4.3 per cent for General Public; 4.55 per cent for Senior Citizens
10 months to less than 11 months: 4.3 per cent for General Public; 4.55 per cent for Senior Citizens
11 months to less than 11 months 25 days: 4.3 per cent for General Public; 4.55 per cent for Senior Citizens
11 months 25 days to less than 1 year: 4.3 per cent for General Public; 4.55 per cent for Senior Citizens
1 year to less than 1 year 5 days: 4.45 per cent for General Public; 5.1 per cent for Senior Citizens
1 year 5 days to less than 1 year 11 days: 4.45 per cent for General Public; 5.1 per cent for Senior Citizens
1 year 11 days to less than 1 year 25 days: 4.45 per cent for General Public; 5.1 per cent for Senior Citizens
1 year 25 days to less than 13 months: 4.45 per cent for General Public; 5.1 per cent for Senior Citizens
13 months to less than 14 months: 4.45 per cent for General Public; 5.1 per cent for Senior Citizens
14 months to less than 15 months: 4.45 per cent for General Public; 5.1 per cent for Senior Citizens
15 months to less than 16 months: 4.45per cent for General Public; 5.1 per cent for Senior Citizens
16 months to less than 17 months: 4.45 per cent for General Public; 5.1 per cent for Senior Citizens
17 months to less than 18 months: 4.45 per cent for General Public; 5.1 per cent for Senior Citizens
18 months to less than 2 years: 4.45 per cent for General Public; 5.1 per cent for Senior Citizens
2 years to less than 30 months: 4.55 per cent for General Public; 5.2 per cent for Senior Citizens
30 months to less than 3 years: 4.55 per cent for General Public; 5.2 per cent for Senior Citizens
3 years to less than 5 years: 4.65 per cent for General Public; 5.3 per cent for Senior Citizens
5 years to 10 years: 4.65 per cent for General Public; 5.4 per cent for Senior Citizens
HDFC Bank Fixed Deposit Rates (For deposits below Rs 2 crore)
7 days to 14 days: For General Public – 2.50 per cent; For Senior Citizens – 3.00 per cent
15 days to 29 days: For General Public – 2.50 per cent; For Senior Citizens – 3.00 per cent
30 days to 45 days: For General Public – 3.00 per cent; For Senior Citizens – 3.50 per cent
46 days to 60 days: For General Public – 3.00 per cent; For Senior Citizens – 3.50 per cent
61 days to 90 days: For General Public – 3.00 per cent; For Senior Citizens – 3.50 per cent
91 days to 120 days: For General Public – 3.50 per cent; For Senior Citizens – 4.00 per cent
6 months 1 days to 9 months: For General Public – 4.40 per cent; For Senior Citizens – 4.90 per cent
9 months 1 day to less than a year: For General Public – 4.40 per cent; For Senior Citizens – 4.90 per cent
1 year: For General Public – 5.10 per cent; For Senior Citizens – 5.60 per cent
1 year 1 day to 2 years: For General Public – 5.10 per cent; For Senior Citizens – 5.60 per cent
2 years 1 day to 3 years: For General Public – 5.20 per cent; For Senior Citizens – 5.70 per cent
3 years 1 day to 5 years: For General Public – 5.45 per cent; For Senior Citizens – 5.95 per cent
5 years 1 day to 10 years: For General Public – 5.60 per cent; For Senior Citizens – 6.35 per cent
Kotak Mahindra Bank Fixed Deposit Rates (For deposits below Rs 2 crore)
7 days to 14 days – For General Public: 2.50 per cent; For Senior Citizens: 3.00 per cent
15 days to 30 days – For General Public: 2.50 per cent; For Senior Citizens: 3.00 per cent
31 days to 45 days – For General Public: 2.75 per cent; For Senior Citizens: 3.25 per cent
46 days to 90 days – For General Public: 2.75 per cent; For Senior Citizens: 3.25 per cent
91 days to 120 days – For General Public: 3.00 per cent; For Senior Citizens: 3.50 per cent
121 days to 179 days – For General Public: 3.50 per cent; For Senior Citizens: 4 per cent
180 days – For General Public: 4.50 per cent; For Senior Citizens: 5 per cent
181 days to 269 days – For General Public: 4.50 per cent; For Senior Citizens: 5 per cent
270 days – For General Public: 4.50 per cent; For Senior Citizens: 5 per cent
271 days to 363 days – For General Public: 4.50 per cent; For Senior Citizens: 5 per cent
364 days – For General Public: 4.75 per cent; For Senior Citizens: 5.25 per cent
365 days to 389 days – For General Public: 5.10 per cent; For Senior Citizens: 5.60 per cent
390 days (12 months 25 days)- For General Public: 5.20 per cent; For Senior Citizens: 5.70 per cent
391 days to less than 23 months – For General Public: 5.20 per cent; For Senior Citizens: 5.70 per cent
23 months – For General Public: 5.25 per cent; For Senior Citizens: 5.75 per cent
23 months 1 days to less than 2 years – For General Public: 5.25 per cent; For Senior Citizens: 5.75 per cent
2 years to less than 3 years – For General Public: 5.30 per cent; For Senior Citizens: 5.80 per cent
3 years and above but less than 4 years – For General Public: 5.45 per cent; For Senior Citizens: 5.95 per cent
4 years and above but less than 5 years – For General Public: 5.50 per cent; For Senior Citizens: 6 per cent
5 years and above up to and inclusive of 10 years – For Public: 5.60 per cent; For Senior Citizens: 6.10 per cent
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