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