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Bank FD: SBI or HDFC Bank, know where you are getting the strongest returns on fixed deposits

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HDFC Bank is giving interest from 2.50% to 5.60% on FDs of 7 days to 10 years. State Bank of India (SBI) is offering interest ranging from 2.9% to 5.5% for FDs from 7 days to 10 years.


HDFC Bank recently decided to increase the fixed deposit (FD) rates. In the notification issued by the bank, it has been said that the new rates are effective from 6 April 2022. After this amendment made by the bank, now the bank is giving interest from 2.50% to 5.60% on FDs from 7 days to 10 years.

How much interest is getting at what time?

For normal citizens, the bank is giving 2.50% interest on FDs from 7 days to 29 days. 3% interest is being given by the bank on FDs of 30 days to 90 days. HDFC Bank is giving 3.50% interest to its customers on FDs of 91 days to 6 months. The bank is offering 4.40% interest on FDs maturing more than 6 months and less than a year.

According to the information given on the bank’s website, 10 basis points have been increased on 1-year FD. At the same time, it has been decided to increase the interest by 10 basis points on FDs ranging from one year to one day to 10 years. Let us tell you, 5.20% interest is given by the bank on FDs from 2 years one day to 3 years, 5.45% on FDs from three years one day to five years and 5.60% on FDs from five years one day to 10 years. He is going.

SBI Fixed Deposit

State Bank of India (SBI) is offering interest ranging from 2.9% to 5.5% for FDs from 7 days to 10 years. At the same time, the bank is giving an additional 50 basis points to senior citizens.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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