Bank’s customers are given the facility of FD from 7 days to 10 years. If you also have a plan to get FD, then today we tell you which bank is giving you the most benefit.
New Delhi: Nowadays the best and safe option FDs (FDs) are considered for investment. There is no risk in this. With this, your deposit is completely safe. Bank provides bank FDs ranging from 7 days to 10 years. If you also have a plan to get FD, then today we tell you which bank is giving you the most benefit. Which bank will get more interest on a fixed deposit –
Today we will tell you about the interest rates of SBI, Axis Bank, IDFC first bank and kotak mahindra bank, where you will get more benefit. Recently, Axis Bank and IDFC First Bank have changed their interest rates.
SBI
State Bank of India is offering interest from 2.9 per cent to 5.4 per cent. At the same time, senior citizens will get 3.4% to 6.2% interest on FD maturing from 7 days to 10 years. These rates are applicable from 8 January 2021.
>> FDs of 7 days to 45 days will get 2.9 percent interest.
>> 3.9% interest will be given on term deposits between 46 days to 179 days.
>> FDs of 180 days to less than 1 year will get 4.4 percent interest.
>> The interest rate of FD maturing in 2 years and less than 3 years is 5.1 percent.
>> FD rates under 3 years and 5 years will be 5.3 percent.
>> 5.4 percent interest will be given on FDs from 5 years to 10 years. Axis Bank
>> Axis Bank is offering 2.50% interest on FD with maturity between 7 days and 29 days.
>> 3 percent interest on FDs less than 30 days and 3 months
>> 3.5 percent interest on FDs less than 3 months and 6 months.
>> 4.40% on FDs maturing in less than 6 months and 11 months and 25 days
>> 5.20% on FDs maturing in less than 15 months and 18 months
>> 5.40% on FDs maturing in 2 years to 5 years
>> 5.75% on deposits maturing in 5 years to 10 years Interest rate will be available. IDFC First Bank
>> is giving 2.75% interest on maturity of 7 to 14 days.
>> 4 per cent on FD for 45 days to 90 days
>> 4.50 per cent interest on FD from 91 days to 180 days
>> 5.25 per cent on FDs with maturity of 181 days and less than 1 year.
>> 5.75 percent interest is being given on FD of 5 years to 10 years.
Kotak Mahindra Bank
>> Getting 2.5% interest on FD from 7 days to 30 days
>> 2.75% interest on FDs from 31 days to 90 days
>> 3% interest on FDs from 91 days to 120 days
>> 4.4 on FD of 180 days Percent
>> 5 per cent on 23-month FD
>> 5.30% on FDs ranging from 5 to 10 years
