SBI Vs HDFC: The first option for most people to invest in the country is SBI, the country’s largest government bank. Here we are telling you about the FD rates of the country’s two largest banks, SBI and HDFC Bank. Since last year, when interest rates started increasing, FD interest rates are giving higher returns as compared to previous years.
SBI Vs HDFC: The first option for most people to invest in the country is SBI, the country’s largest government bank. Here we are telling you about the FD rates of the country’s two largest banks, SBI and HDFC Bank. Since last year, when interest rates started increasing, FD interest rates are giving higher returns as compared to previous years. HDFC Bank is offering interest up to 7.75 percent on FD. SBI is giving interest up to 7.50 percent per annum. Both these banks are offering so much interest on FD.
Interest rates on FD less than Rs 2 crore in HDFC Bank
- 7 days to 14 days: For general public – 3.00 percent; For senior citizens – 3.50 percent
- 15 days to 29 days: For general public – 3.00 percent; For senior citizens – 3.50 percent
- 30 days to 45 days: For general public – 3.50 percent; For senior citizens – 4.00 percent
- 46 days to 60 days: For general public – 4.50 percent; For senior citizens – 5.00 percent
- 61 days to 89 days: For general public – 4.50 percent; For senior citizens – 5.00 percent
- 90 days to 6 months: For general public – 4.50 percent; For senior citizens – 5.00 percent
- 6 months 1 day to less than 9 months: For general public – 5.75 percent; For senior citizens – 6.25 percent
- 9 months 1 day to less than 1 year: For general public – 6.00 percent; For senior citizens – 6.50 percent
- 1 year to less than 15 months: For general public – 6.60 percent; For senior citizens – 7.10 percent
- 15 months to less than 18 months: For general public – 7.10 percent; For senior citizens – 7.50 percent
- 18 months 1 day to less than 21 months: For general public – 7.00 percent; For senior citizens – 7.50 percent
- 21 months to 2 years: For general public – 7.00 percent; For senior citizens – 7.50 percent
- 2 years 1 day to less than 2 years 11 months: For general public – 7.00 per cent; For senior citizens – 7.50 percent
- 2 years 11 months to 35 months: For general public – 7.00 percent; For senior citizens – 7.50 percent
- 2 years 11 months 1 day to 4 years 7 months: For general public – 7.00 percent; For senior citizens – 7.50 percent
- 4 years 7 months 1 day Less than or equal to 5 years: For general public – 7.00 percent; For senior citizens – 7.50 percent
- 5 years 1 day to 10 years: For General Public – 7.00 per cent; For senior citizens – 7.75 percent.
Interest rates on FD of State Bank of India
- 7 days to 45 days: For general public – 3.00 percent; For senior citizens – 3.50 percent
- 46 days to 179 days: For general public – 4.50 percent; For senior citizens – 5.00 percent
- 180 days to 210 days: For general public – 5.25 percent; For senior citizens – 5.75 percent
- 211 days to less than 1 year: For general public – 5.75 percent; For senior citizens – 6.25 percent
- 1 year to less than 2 years: For general public – 6.80 percent; For senior citizens – 7.30 percent
- 2 years to less than 3 years: For general public – 7.00 percent; For senior citizens – 7.50 percent
- 3 years to less than 5 years: For general public – 6.50 percent; For senior citizens – 7.00 percent
- From 5 years to 10 years: For general public – 6.50 percent; For senior citizens – 7.50 percent.
