• Fix Deposit Interest Rates Paid By Top Lenders Compared Here

    Fix Deposit Interest Rates


    Fixed deposits or FDs are secure financial instruments offered by public, private sector banks, small finance banks, non-banking financial companies (NBFCs) and post offices, which fetch guaranteed returns. In a fixed depositaccount, money can be invested for a higher rFixedate of interest than savings accounts. Fixed deposit interest rates are subject to change from time to time. The interest rates vary according to the tenor of a fixed deposit. One can deposit a money in fixed deposits for a specific period, ranging from seven days to 10 years.
    Here's a comparison of interest rates offered by SBI, Canara Bank, HDFC Bank and ICICI Bank on fixed deposits up to Rs. 1 crore:
    State Bank of India
    Given below are the latest SBI FD interest rates on deposits below Rs. 1 crore:
    Tenors Revised For Public w.e.f. 28.11.2018 Revised for Senior Citizens w.e.f. 28.11.2018
    7 days to 45 days 5.75 6.25
    46 days to 179 days 6.25 6.75
    180 days to 210 days 6.35 6.85
    211 days to less than 1 year 6.4 6.9
    1 year to less than 2 year 6.8 7.3
    2 years to less than 3 years 6.8 7.3
    3 years to less than 5 years 6.8 7.3
    5 years and up to 10 years 6.85 7.35
    (Source: sbi.co.in)

    Canara Bank

    The following FD interest rates are applicable on deposits below Rs. 1 crore:
    Domestic Rate of Interest (%) p.a.
      For Deposits less than Rs.1 Crore w.e.f. 01.11.2018
    Term Deposits (All Maturities) General Public Senior Citizen
      Rate of Interest (% p.a) Rate of Interest (% p.a)
    7 days to 14 days 5.75 6.25
    15 days to 30 days 5.75 6.25
    31 days to 45 days 5.75 6.25
    46 days to 60 days 6.25 6.75
    61 days to 90 days 6.25 6.75
    91 days to 120 days 6.25 6.75
    121 days to 179 days 6.25 6.75
    180 days to 269 days 6.35 6.85
    270 days to less than 1 year 6.4 6.9
    1 year only 7 7.5
    Above 1 year to less than 2 years 7 7.5
    2 years & above to less than 3 years 6.7 7.2
    3 years & above to less than 5 years 6.2 6.7
    5 years & above to less than 8 years 6.2 6.7
    8 years & above to 10 years 6.2 6.7
    444 Days (Canara Shikhar Deposit) 7.05 7.55
    555 Days (Canara Shikhar Deposit) 7.1 7.6


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