LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2021
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
Read in App
Business News » Personal Finance News

Fixed Deposit (FD) rates of HDFC, SBI rise: Check highest return Post Office, PNB, ICICI, and others offer

Fixed Deposit (FD) rates: HDFC Bank recently increased its Fixed Deposit interest rates. HDFC is now offering 7.75  per cent  interest rate on several term deposits of 1-2 years for senior citizens. 

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Fixed Deposit (FD) rates of HDFC, SBI rise: Check highest return Post Office, PNB, ICICI, and others offer
ICICI Bank gives 7 per cent interest on deposits for 2-10 years. Axis Bank is offering 7.10 per cent interest on deposits for 1 year to 14 months. Image: Pixabay
Written By: Rajeev Kumar
Updated: Wed, Aug 15, 2018
12:56 pm
ZeeBiz WebDesk
RELATED NEWS
Big FD benefit! This bank is offering Rs 50 lakh insurance cover on fixed deposit Big FD benefit! This bank is offering Rs 50 lakh insurance cover on fixed deposit
Top 5 bank FD benefits you just cannot ignore; Freebies, income tax benefits and more, look beyond Fixed deposit interest rate Top 5 bank FD benefits you just cannot ignore; Freebies, income tax benefits and more, look beyond Fixed deposit interest rate
SBI customers alert! You can earn more on fixed deposits under Senior Citizen Special FD Scheme; check key benefits at sbi.co.in SBI customers alert! You can earn more on fixed deposits under Senior Citizen Special FD Scheme; check key benefits at sbi.co.in
FD Rates in ICICI Bank: Check how much you money will grow in various Fixed Deposit schemes over different periods FD Rates in ICICI Bank: Check how much you money will grow in various Fixed Deposit schemes over different periods
How to become rich? Here are FD interest rates in HDFC Bank How to become rich? Here are FD interest rates in HDFC Bank

Fixed Deposit (FD) rates: HDFC Bank recently increased its Fixed Deposit interest rates. HDFC is now offering 7.75  per cent  interest rate on several term deposits of 1-2 years for senior citizens. For non-senior citizens, the highest interest rate on FD offered by HDFC is 7.25 per cent on several term deposits of 1-2 years.

India's largest public lender State Bank of India (SBI) offers its highest return of 7.35 per cent on a term deposit of 5-10 years. For non-senior citizens, its highest 6.85% interest rate is on deposits of 5-10 year terms. Punjab National Bank (PNB) is offering 6.75 per cent interest on deposits for 1-3 years, while the Bank of Baroda: BOB offers 6.70% interest rates on deposits for 1-5 years.

ICICI Bank has hiked interest rates on some of its Fixed Deposit (FD) plans with effect from today (August 14, 2018). ICICI Bank has raised interest rates between 15 basis points (or 0.15 per cent) and 25 basis points (or 0.25 per cent) on selected term deposits. In a statement, the bank said that ICICI Bank staff will get an additional 1 per cent interest on domestic FDs below Rs 1 crore.

Axis Bank is offering 7.10 per cent interest on deposits for 1 year to 14 months, while the Standard Chartered bank offers highest 7.40 per cent interest on deposits for 18 months to two years.

ALSO READ: Sukanya Samriddhi Yojana details: Interest rate, Calculator, eligibility, deposit limit; how and where to open account

HSBC gives 7 per cent interest on deposits for 731 days, while DBS is offering 7.5% interest on deposits for 2 years to six months. Among new banks, Jana Bank is offering whopping 8.5 per cent interest on deposits for 366 days while Bandhan Bank is offering 8.15% interest on FDs for tenure of 2-5 years. AU Bank gives an 8 per cent interest on FDs for a term of 45-60 months.

RBL provides 7.75 per cent on FDs for a term of 12-24 months.

ALSO READ: Fixed Deposit (FD) vs NHAI Bond: Interest rates compared - What gives you higher return

Post Office offers 7.4% interest on FDs for five years.

The recent repo rate hike announced by the Reserve Bank of India has hit borrowers but the time is high for those looking to increase their money without taking any risk.

In the last few months, several banks have increased their Fixed Deposit interest rates, mostly investments below Rs 1 crore. The State Bank of India had increased its rates by 5-10 basis points (bps) in the last week of July. A few days after the monetary policy announcement by RBI on August 1, HDFC had increased FD rates by up to 60 bps. 

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
Fixed DepositFDfixed deposit rates
RELATED NEWS
Big FD benefit! This bank is offering Rs 50 lakh insurance cover on fixed deposit Big FD benefit! This bank is offering Rs 50 lakh insurance cover on fixed deposit
Top 5 bank FD benefits you just cannot ignore; Freebies, income tax benefits and more, look beyond Fixed deposit interest rate Top 5 bank FD benefits you just cannot ignore; Freebies, income tax benefits and more, look beyond Fixed deposit interest rate
SBI customers alert! You can earn more on fixed deposits under Senior Citizen Special FD Scheme; check key benefits at sbi.co.in SBI customers alert! You can earn more on fixed deposits under Senior Citizen Special FD Scheme; check key benefits at sbi.co.in
FD Rates in ICICI Bank: Check how much you money will grow in various Fixed Deposit schemes over different periods FD Rates in ICICI Bank: Check how much you money will grow in various Fixed Deposit schemes over different periods
How to become rich? Here are FD interest rates in HDFC Bank How to become rich? Here are FD interest rates in HDFC Bank

LATEST NEWS

One QR Code for all apps: Now, scan code from Google Pay, Paytm, PhonePe, Bhim UPI and more at all IOC petrol pumps for hassle free transaction

Nureca IPO Listing Today: Stock lists at a premium; Anil Singhvi reveals complete investment strategy, stop-loss and more

This Rakesh Jhunjhunwala stocks portfolio is in the news - see strategy

North Korea''s Kim appoints new Navy, Air Force Chiefs in ''generation shift'' in Army

Spider-Man 3 name revealed! See here title, cast, release date and other details

Redmi K40, Redmi K40 Pro launch today: Check timings, how to watch event live streaming

Akshay, SRK, Ranveer, Priyanka applaud Alia in ''Gangubai Kathiawadi'' teaser

India's Marvel! World's highest rail bridge arch on Chenab in Jammu and Kashmir nears completion, says Piyush Goyal

It's Pawri time on sets of Bhumi Pednekar, Rajkummar Rao-starrer ''Badhaai Do''

Aston Martin expects better 2021 sales after deep losses

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved