Bank FD Interest Rates: This is the best time to get an FD. This is because banks are currently offering great returns on FDs. You too can take advantage of this opportunity to get great returns.
Bank FD Interest Rates: Yes Bank has cut fixed deposit (FD) interest rates by up to 25 basis points (bps) for specific periods on deposits less than Rs 3 crore. These revised FD interest rates are effective from November 5, 2024. After the revision, common citizens can now avail FD interest rates ranging from 3.25% to 7.75%, while senior citizens are being offered rates between 3.75% to 8.25%. The highest interest rates of 7.75% and 8.25% are offered on FD tenure of 18 months. Apart from Yes Bank, who is paying more interest in SBI, HDFC, ICICI, Canara Bank and PNB, let us know.
Interest Rates on FD in SBI
SBI offers interest rates ranging from 3.50% to 7.10% for general citizens and 4% to 7.60% for senior citizens. According to the SBI website, the specific tenure scheme of “400 days” (Amrit Kalash) is getting an interest rate of 7.10% from April 12, 2023. Senior citizens are being given an interest rate of 7.60%. The Amrit Kalash scheme will remain valid till March 31, 2025.
Interest rates on FD in ICICI Bank
ICICI Bank is offering interest ranging from 3% to 7.25% to general citizens and between 3.50% to 7.80% to senior citizens on FD. The highest interest rate of 7.80% and 7.25% is being offered for tenures ranging from 15 months to less than 18 months.
Interest rates on FD in HDFC
HDFC Bank is offering interest rates ranging from 3% to 7.35% to general citizens and between 3.50% to 7.85% to senior citizens. Tenure of 2 years 11 months to 35 months The highest interest rates of 7.25% and 7.75% are offered for deposits maturing in 7 days to 10 years.
Interest Rates on FDs in Canara Bank
The bank offers interest rates of 4 percent to 7.25 percent for general public and 4 percent to 7.75 percent for senior citizens on deposits maturing in 7 days to 10 years. The highest interest rates of 7.25% and 7.75% are offered for a period of 444 days.
Interest Rates on FDs in PNB
Punjab National Bank offers interest rates between 3.50% to 7.25% for general public and 4% to 7.75% for senior citizens. The highest interest rates of 7.25% and 7.75% are offered for a period of 400 days.
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