HDFC To ICICI Bank: Check Latest FD Rates Of 5 Banks

2024-06-28 03:23:36

(MENAFN- AsiaNet News) Time, term, and fixed deposits (FDs) are popular low-risk investments. Investors can safely deploy extra cash for a set time and get fixed interest payments at regular intervals or upon maturity.

Bank Fixed Deposit Rates In India: Before investing, examine the FD rates given by various banks.

Punjab National Bank (Rates for deposits less than Rs 2 crore)

Fixed deposit rates at PNB vary from 3.50 to 7.50 percent. Normal investors receive 6.75 percent on one-year fixed deposits, while seniors earn 7.25 percent.

ICICI Bank (Rates for deposits less than Rs 5 crore)

The Bank provides FD rates from 3% to 7.50%. Seniors earn 0.5% interest, resulting in rates from 3.50% to 7.50% for 7-day to 10-year terms. Customers can earn 6.70% on 1-year FD

The bank offers low one-year fixed deposit rates of 6.60% for normal investors and 7.10% for seniors. Depending on maturity, it provides 3% to 7.75% interest rates for consumers.

This bank provides FD rates from 3% to 7.50%. Seniors earn 0.5% interest, resulting in rates from 3.50% to 7.50% for 7-day to 10-year terms. Customers can earn 6.70% on 1-year FD.

SBI may anticipate interest rates ranging from 3% to 7%, with the elderly receiving an extra 50 basis points.

The bank offers a 6.80 per cent interest rate on one-year FDs, while the rate is 7 per cent for two to less than three years.

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