New Delhi: Fixed Deposits (FDs) remain one of the most reliable investment options in India, offering guaranteed returns and stability. Both public and private sector banks provide varied FD interest rates, making it essential for investors to compare offerings before deciding.Currently, most banks provide higher interest rates for long-term deposits compared to short-term ones. Here’s a look at FD rates from leading banks:
Latest Private Banks' FD Rates Latest HDFC Bank FD Rates 2024India’s largest private lender offers interest rates between 6.60 per cent and 7 per cent for regular customers and 7.1 per cent to 7.5 per cent for senior citizens. These rates are applicable for tenures ranging from less than two years to over four years. ICICI Bank FD Rates 2024FD rates range from 7.25 per cent to 7 per cent for general customers and 7.50 per cent to 7.80 per cent for senior citizens for similar tenures. Public Banks' FD Rates 2024 Latest State Bank of India (SBI) FD RatesThe largest public-sector bank provides rates between 3.5 per cent and 6.5 per cent for regular customers and 4 per cent to 7.5 per cent for senior citizens. Latest Canara Bank FD Rates 2024FD interest rates range from 6.25 per cent to 6.7 per cent for general customers and 6.4 per cent to 6.87 per cent for senior citizens. Latest Bank of Baroda (BoB) FD Rates 2024Rates are between 6.50 per cent and 7.15 per cent for general investors and 7 per cent to 7.5 per cent for senior citizens. Latest Bank of India (BOI) FD Rates 2024FD rates range from 6 per cent to 7.3 per cent for general customers and 6.75 per cent to 7.75 per cent for senior citizens.