SBI Vs HDFC Bank Vs ICICI Bank FD: After the Reserve Bank of India cut the repo rate by 0.25 percent in the April meeting, many banks have changed their FD rates. Now the repo rate has come down to 6 percent.
SBI Vs HDFC Bank Vs ICICI Bank FD: When it comes to saving for the future, even today the first option for most people is FD (Fixed Deposit). The reason for this is that it can be opened very easily and it is also very easy to withdraw its amount at the time of need. After the Reserve Bank of India cut the repo rate by 0.25 percent in the April meeting, many banks have changed the FD rates. In this report, we are telling you about the interest rates of retail FD in the country’s 3 big banks SBI, HDFC Bank and ICICI Bank….
HDFC Bank interest rates for FDs less than Rs 3 crore from April 1
- 7 days to 14 days: 3 per cent, 3.50 per cent for senior citizens
- 15 days to 29 days: 3 per cent, 3.50 per cent for senior citizens
- 30 days to 45 days: 3.50 percent, 4 percent for senior citizens
- 46 days to 60 days: 4.50 percent, 5 percent for senior citizens
- 61 days to 89 days: 4.50 percent, 5 percent for senior citizens
- 90 days to less than 6 months : 4.50%, 5% for senior citizens
- 6 months 1 day to less than 9 months: 5.75 per cent, 6.25 per cent for senior citizens
- 9 months 1 day to less than 1 year: 6 per cent, 6.50 per cent for senior citizens
- For tenure of 1 year to less than 15 months: 6.60%, 7.10% for senior citizens
- For tenure of 15 months to less than 18 months: 7.10%, for senior citizens 7.60%
- 18 months to less than 21 months: 7.25%, 7.75% for senior citizens
- 21 months to 2 years: 7 per cent, 7.50 per cent for senior citizens
- 2 years 1 day to less than 2 years 11 months: 7 per cent, 7.50 per cent for senior citizens
- 2 years 11 months to 35 months: 7 per cent, 7.50 per cent for senior citizens
- 2 years 11 months 1 day to 3 years or less: 7 per cent, 7.50 per cent for senior citizens
- 3 years 1 day to less than 4 years 7 months: 7 per cent, 7.50 per cent for senior citizens
- 4 years 7 months to 55 months: 7 per cent, 7.50 per cent for senior citizens
- 4 years 7 months 1 day to less than or equal to 5 years: 7 per cent, 7.50 per cent for senior citizens
- 5 years 1 day to 10 years: 7 per cent, 7.50 per cent for senior citizens
SBI interest rate on FD of less than Rs 3 crore
The new interest rates for FDs of less than Rs 3 crore in State Bank of India are coming into effect from April 15, 2025. These are as follows…
- 7 days to 45 days: 3.50 percent, 4 percent for senior citizens
- 46 days to 179 days: 5.50 percent, 6 percent for senior citizens
- 180 days to 210 days: 6.25 percent, 6.75 percent for senior citizens
- 211 days to less than 1 year: 6.50 percent, 7 percent for senior citizens
- 1 year to less than 2 years: 6.70 percent, 7.20 percent for senior citizens
- 2 years to less than 3 years: 6.90 percent, 7.40 percent for senior citizens
- 3 years to less than 5 years: 6.75%, 7.25% for senior citizens
- 5 years to 10 years: 6.50 percent, 7.50 percent for senior citizens
ICICI Bank FD interest rates below Rs 3 crore from April 11
- 7 days to 29 days: 3 per cent, 3.50 per cent for senior citizens
- 30 days to 45 days: 3.50 percent, 4 percent for senior citizens
- 46 days to 60 days: 4.25 percent, 4.75 percent for senior citizens
- 61 days to 90 days: 4.50 percent, 5 percent for senior citizens
- 91 days to 184 days: 4.75 percent, 5.25 percent for senior citizens
- 185 days to 270 days: 5.75 per cent, 6.25 per cent for senior citizens
- 271 days to less than 1 year: 6%, 6.50% for senior citizens
- 1 year to less than 15 months: 6.70%, 7.20% for senior citizens
- 15 months to less than 18 months: 7.25%, 7.85% for senior citizens
- 18 months to 2 years: 7.25 per cent, 7.75 per cent for senior citizens
- 2 years 1 day to 5 years: 7 per cent, 7.50 per cent for senior citizens
- 5 years 1 day to 10 years: 6.90 percent, 7.40 percent for senior citizens
- 5-year tax saver FD: 7 per cent, 7.50 per cent for senior citizens
Most Read Articles:
- SBI New FD Rates : Big News! SBI cuts interest rates on Fixed Deposit, see what is the new interest rate now
- TCS latest update: Big news for employees! TCS will not increase salary in April, said Chief HR Officer Milind Lakkad, Know when salary will increase
- Credit Card Link UPI: Link your credit card to UPI from home, know step-by-step guide