Bank New FD Rates: In the month of December, many banks have made major changes in fixed deposit rates. Let us know about these latest updates in FD rates further.
Bank New FD Rates: During December 2024, many banks have changed the rates being offered on fixed deposits. In such a situation, if you are also planning to invest in FD, then you should know about this latest change. Next we are giving information about the changes in all these FD rates.
1. Federal Bank: The bank has changed the FD rates of less than Rs 3 crore. The new rates have also come into effect from 16 December 2024. This bank is offering interest rates ranging from 3% to 7.4% on FD to common citizens. Whereas, this bank is offering interest rates ranging from 3.5% to 7.9% to senior citizens.
2. RBL Bank: This bank has also changed the FD rates of less than Rs 3 crore. The new rates have been implemented from 15 December 2024. This private sector bank is offering interest ranging from 3.5% to 8% on FD to common citizens. For senior citizens, this interest rate is up to 8.5%. Whereas, for very senior citizens, this rate is up to 8.75%.
3. Karnataka Bank: This bank has changed the bank FD rates from 2 December 2024, which is applicable on FDs of less than Rs 3 crore. This bank is offering interest ranging from 3.5% to 7.5% on FDs to common citizens. Whereas, for senior citizens, interest ranging from 3.5% to 8% will be available on FD in this bank.
4. Bank of Maharashtra: This bank has changed the rates on fixed deposits up to Rs 3 crore from 11 December 2024. This bank is offering interest ranging from 2.75% to 7.35% on FD to common citizens. For senior citizens, this rate is 50 basis points higher i.e. up to 7.85%.
5. Equitas Small Finance Bank: This bank has also revised the FD rates of less than Rs 3 crore and these rates are applicable from 2 December 2024. For common citizens, this bank is offering interest ranging from 3.5% to 8.25% on FD. For senior citizens, interest ranging from 2.75% to 9% will be available on FD in this bank. Senior citizens will get 50 basis points more interest on all FDs except FD of 888 days.
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