INSUBCONTINENT EXCLUSIVE:
Fixed deposit interest rates are subject to change from time to time.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 deposit account, money can be invested for a higher rate of interest than savings accounts
Fixed deposit interest rates are subject to change from time to time
Fixed deposit accounts with a lock-in period of five or 10 years are eligible for deduction in income tax under Section 80C of Income Tax
Act.Here's a comparison of interest rates offered by SBI, Punjab National Bank, Canara Bank, HDFC Bank and ICICI Bank on fixed deposits up
1 crore:State Bank of IndiaGiven below are latest SBI FD interest rates on deposits below Rs
1 crore:TenorsRevised For Public w.e.f
28.11.2018Revised for Senior Citizens w.e.f
28.11.20187 days to 45 days5.756.2546 days to 179 days6.256.75180 days to 210 days6.356.85211 days to less than 1 year6.46.91 year to less
than 2 year6.87.32 years to less than 3 years6.87.33 years to less than 5 years6.87.35 years and up to 10 years6.857.35(Source:
November 1, 2018Term Deposits (All Maturities)General PublicSenior CitizenRate of Interest (% p.a)Rate of Interest (% p.a)7 days to 14
days5.756.2515 days to 30 days5.756.2531 days to 45 days5.756.2546 days to 60 days6.256.7561 days to 90 days6.256.7591 days to 120
days6.256.75121 days to 179 days6.256.75180 days to 269 days6.356.85270 days to less than 1 year6.46.91 year only77.5Above 1 year to less
than 2 years77.52 years above to less than 3 years6.77.23 years above to less than 5 years6.26.75 years above to less than 8 years6.26.78
following FD interest rates are applicable on deposits below Rs
1 crore:Maturity period (term)Interest rate applicable to domestic/NRO fixed deposits up to Rs 1 crore (with effect from 01.01.2019)For
general publicFor senior citizens7 to 14 days5.75%6.25%15 to 29 days5.75%6.25%30 to 45 days5.75%6.25%46 to 90 days6.35%6.85%91 to 179
days6.35%6.85%180 days to 270 days6.35%6.85%271 days to less than 1 year6.35%6.85%1 year6.75%7.25%555 days (effective for a period of
01.11.2018 to 31.03.2019)6.85%7.35%above 1 year up to 3 years6.75%7.25%above 3 year up to 5 years6.25%6.75%above 5 years up to 10
days4.25%4.75%30 - 45 days5.75%6.25%46 - 60 days6.25%6.75%61 - 90 days6.25%6.75%91 days - 6 months6.25%6.75%6 months 1 day- 6 months 3
days6.75%7.25%6 months 4 days6.75%7.25%6 months 5 days- 9 months6.75%7.25%9 months 1 day- 9 months 3 days7.10%7.60%9 months 4
days7.10%7.60%9 months 5 days - 9 months 15 days7.10%7.60%9 months 16 days7.10%7.60%9 months 17 days < 1 Year7.10%7.60%1 Year7.30%7.80%1
year 1 day - 1 year 3 days7.30%7.80%1 year 4 days7.30%7.80%1 year 5 days - 1 Year 15 days7.30%7.80%1 Year 16 days7.30%7.80%1 year 17 days -
rates are applicable on deposits below Rs
1 crore:Rate of Interest (% p.a.) w.e.f November 15, 2018Tenure PeriodGeneralSenior Citizen7 days to 14 days44.515 days to 29 days4.254.7530
days to 45 days5.5646 days to 60 days66.561 days to 90 days6.256.7591 days to 120 days6.256.75121 days to 184 days6.256.75185 days to 289
days6.57290 days to less than 1 year6.757.251 year to 389 days6.97.4390 days to 2 years7.17.62 years 1 day up to 3 years7.583 years 1 day up
to 5 years7.257.755 years 1 day up to 10 years77.55 years Tax saver FD (max up to Rs
