FD Rates: If you want to invest your money safely, then Fixed Deposit can be a great option. All the banks in the country give great interest rates on fixed deposits to their customers. Let us know what interest rates are being offered by the 7 big banks of India.
HDFC Bank gives 7.40% interest to its customers over 4 years 7 months to 55 months. At the same time, this interest rate is up to 7.90% for senior citizens. These rates are applicable from July 24, 2024.
ICICI Bank is giving 7.25% interest to general citizens and 7.80% interest to senior citizens on fixed deposits ranging from 15 months to 18 months.
Kotak Mahindra Bank is offering a 7.4% interest rate to its customers on fixed deposits of 390 to 391 days. At the same time, senior citizens are given an additional benefit of 50 basis points. These rates are effective from June 14, 2024.
Federal Bank is offering 7.4% interest to general citizens and 7.9% interest to senior citizens on fixed deposits of 777 days. These rates have come into effect from October 16, 2024.
The country's largest bank SBI is offering 7% interest to general citizens and 7.5% interest to senior citizens on a period of 2 to 3 years. These rates are effective from June 15, 2024.
Bank of Baroda is offering 7.3% interest to general citizens and 7.8% interest to senior citizens on fixed deposits of 400 days. These rates have come into effect from October 14, 2024.
Union Bank of India is offering 7.3% interest to general citizens on a 456-day fixed deposit. Senior citizens are given an additional benefit of 50 basis points.