Banking

What SBI, ICICI, HDFC Bank, Axis Bank, PNB offer

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SBI latest FD interest rates (below 2 crores) for the general public

SBI FDs between 7 days to 45 days will fetch 2.9%. Term deposits between 46 days to 179 days will give 3.9%. FDs of 180 days to less than one year will fetch 4.4%. Deposits with maturity between 1 year and up to less than 2 years will give 10 bps more now. These deposits will fetch an interest rate of 5% instead of 4.9%. FDs maturing in 2 years to less than 3 years will give 5.1%. FDs with 3 years to less than 5 years will offer 5.3% and term deposits maturing in 5 years and up to 10 years will continue giving 5.4%. These rates are applicable with effect from 8 January 2021. SBI offers senior citizens’ an additional 50 bps interest rate across all tenors. After the latest revision, senior citizens will get 3.4% to 6.2% on FDs maturing in 7 days to 10 years.

7 days to 45 days – 2.9%

46 days to 179 days – 3.9%

180 days to 210 days – 4.4%

211 days to less than 1 year – 4.4%

1 year to less than 2 years – 5%

2 years to less than 3 years – 5.1%

3 years to less than 5 years – 5.3%

5 years and up to 10 years – 5.4%

HDFC Bank latest FD interest rates (below 2 crores) for the general public

HDFC Bank offers a 2.50% interest rate on deposits between 7 days and 29 days, and 3 % on deposits maturing in 30-90 days. On 91 days to 6 months, 3.5% and on 6 months 1 day to less than one year, 4.4%. The bank gives 4.9% on FDs maturing in one year. Term deposits maturing in one year and two years will fetch an interest rate of 4.9%. FDs maturing in 2 years to 3 years will give 5.15%, 3 years to 5 years will give 5.30%. Deposits with maturity period 5 years to 10 years will give 5.50% interest. These rates are effective from 13 November.

7 – 14 days 2.50%

15 – 29 days 2.50%

30 – 45 days 3%

46 – 60 days 3%

61 – 90 days 3%

91 days – 6 months 3.5%

6 months 1 day – 9 months 4.4%

9 months 1 day < 1 Year 4.4%

1 year – 4.9%

1 year 1 day – 2 years 4.9%

2 years 1 day – 3 years 5.15%

3 year 1 day- 5 years 5.30%

5 years 1 day – 10 years 5.50%

ICICI Bank latest FD interest rates (below 2 crores) for the general public

ICICI Bank gives 2.5% interest on deposits maturing in 7 days to 29 days, 3% for 30 days to 90 days, 3.5% for FDs maturing in 91 days to 184 days. On deposits maturing in 185 days to less than 1 year, ICICI Bank gives an interest rate of 4.40%. Term deposits maturing in 1 year to less than 18 months will fetch an interest rate of 4.9%. Now, FDs with tenure of 18 months to 2 years will give you 5% interest. Term deposits maturing in 2 years to 3 years will give 5.15%, 3 years to 5 years 5.35%, and 5 years to 10 years 5.50%. These rates are applicable from 21 October. Senior citizens will get an interest ranging from 3% to 6.3% on FDs maturing in 7 days to 10 years.

7 days to 14 days – 2.50%

15 days to 29 days – 2.50%

30 days to 45 days – 3%

46 days to 60 days – 3%

61 days to 90 days- 3%

91 days to 120 days – 3.5%

121 days to 184 days – 3.5%

185 days to 210 days – 4.40%

211 days to 270 days – 4.40%

271 days to 289 days – 4.40%

290 days to less than 1 year – 4.40%

1 year to 389 days – 4.9%

390 days to < 18 months – 4.9%

18 months days to 2 years – 5%

2 years 1 day to 3 years – 5.15%

3 years 1 day to 5 years – 5.35%

5 years 1 day to 10 years – 5.50%

Axis Bank latest FD interest rates (below 2 crores) for the general public

Axis Bank offers FDs across different tenures, ranging from 7 days to 10 years. The bank has revised the interest rate on FDs on 4 January 2021. For general customers, the bank gives interest on FDs ranging from 2.5% to 5.50%. Axis Bank offers a higher interest rate to senior citizens on select maturities. The bank offers interest ranging from 2.50% to 6% to senior citizens.

7 days to 14 days 2.50

15 days to 29 days 2.50

30 days to 45 days 3

46 days to 60 days 3

61 days < 3 months 3

3 months < 4 months 3.50

4 months < 5 months 3.75

5 months < 6 months 3.75

6 months < 7 months 4.40

7 months < 8 months 4.40

8 months < 9 months 4.40

9 months < 10 months 4.40

10 months < 11 months 4.40

11 months < 11 months 25 days 4.40

11 months 25 days < 1 year 5.15

1 year < 1 year 5 days 5.15

1 year 5 days < 1 year 11 days 5.10

1 year 11 days < 1 year 25 days 5.10

1 year 25 days < 13 months 5.10

13 months < 14 months 5.10

14 months < 15 months 5.10

15 months < 16 months 5.10

16 months < 17 months 5.10

17 months < 18 months 5.10

18 Months < 2 years 5.25

2 years < 30 months 5.40

30 months < 3 years 5.40

3 years < 5 years 5.40

5 years to 10 years 5.50

Punjab National Bank latest FD interest rates (below 2 crores) for the general public

PNB is offering an interest rate ranging between 3% and 5.30% on fixed deposits maturing in the range of 7 days to 10 years. PNB is offering an interest rate of 3% on 7-45 day fixed deposits and it goes up 4.5% on less than 1 year FDs. On term deposits maturing in one year to up to 3 years, PNB gives 5.20% interest. PNB is offering 5.30 % interest on deposits maturing above 5 years to 10 years. These rates are with effect from 1 January 2021. The Senior citizens shall get an additional rate of interest of 50 bps over applicable card rates for all maturities on domestic deposits of less than 2 Crore.

7 to 14 days – 3%

15 to 29 days – 3%

30 to 45 days – 3%

46 to 90 days – 3.25%

91 to 179 days – 4%

180 days to 270 days – 4.4%

271 days to less than 1 year – 4.5%

1 year – 5.20%

Above 1 year & up to 2 years- 5.20%

Above 2 years & up to 3 years- 5.20%

Above 3 years & up to 5 years – 5.30%

Above 5 years & up to 10 years- 5.30%

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