It is offering the highest interest rate of 7.5% for FDs with 2-3 year tenure. Be aware of minimum balance & other maintenance. ICICI offers 7.5% interest on 2-3 yr FD as compared to 7.4% in the case of HDFC Bank.Īxis Bank changed its FD rates with effect from February 27, 2019. Check out the fees you need to pay & the charges for maintaining your RFC Fixed Deposits at HDFC Bank. The following rates are applicable for domestic, NRE, NRO deposits of less than Rs 2 crore. Senior citizens will get 40 basis points more, 7.8% on these deposits. Currently, it is offering an interest rate of 7.4% on FDs for 2-3 year tenure to the general public. The bank is now giving an interest rate of 4.75 on bulk fixed deposits that mature in 7 days to 29 days, while HDFC Bank will now provide an interest rate of 5.50 on. Senior citizens are provided an additional interest rate. These interest rates change from times to time. ICICI Bank offers the Fixed Deposit (FD) scheme with interest rates ranging between 3.00 and 7.10 p.a. HDFC Bank revised its FD interest rates with effect from March 7, 2019. The rate applicable to all senior citizens and SBI pensioners of age 60 years and above will be 0.50% above the rate payable for all tenors to resident Indian senior citizens. The interest rate payable to SBI Staff and SBI pensioners will be 1.00% above the applicable rate. One is cumulative option where the interest is compounded on a quarterly, paid on the.

There are mainly two types of modes of receiving the interest. You can pick the mode of interest payment. The following interest rates are applicable for FDs below Rs 2 crore. A Fixed Deposit is the sum of money you keep with a bank as a deposit for a fixed period of time against which the bank pays you a fixed rate of interest. Here is a comparison of FD interest rates offered by SBI, HDFC Bank, ICICI Bank, PNB and Axis Bank The fixed deposit rates of HDFC Bank have been updated for 2023.

Hdfc bank fixed deposit interest rates