INSUBCONTINENT EXCLUSIVE:
Fixed deposit interest rates vary according to the tenor of a fixed deposit.Fixed deposits (FDs) are secure investment instruments offered
by banks, non-banking financial companies (NBFCs) and post offices
In a bank fixed deposit (FD), investor can park lump sum amount and avail features like assured returns and choice of interest
Maturity Period Of Income Tax-Saving Fixed Deposit)Private sector lender Axis Bank revised its fixed deposit (FD) rates with effect from
Private sector bank HDFC Bank and ICICI Bank had earlier this month revised their interest rates on fixed deposit
Country's largest lender State Bank of India (SBI) revised its fixed deposit or FD interest rates with effect from February 22,
22.02.2019Revised for Senior Citizens w.e.f
22.02.20197 days to 45 days5.75%6.25%46 days to 179 days6.25%6.75%180 days to 210 days6.35%6.85%211 days to less than 1 year6.4%6.9%1 year
to less than 2 year6.8%7.3%2 years to less than 3 years6.8%7.3%3 years to less than 5 years6.8%7.3%5 years and up to 10
according to hdfcbank.com:PeriodInterest Rate(per annum)Senior Citizen Rates(per annum)7 - 14 days3.50%4.00%15 - 29 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 - 2 Years7.30%7.80%2 years 1day - 2
Years 15 days7.40%7.90%2 Years 16 days7.40%7.90%2 years 17 days - 3 Years7.40%7.90%3 years 1day - 5 years7.25%7.75%5 Years 1 Day - 8
2 crore according to icicibank.com:Rate of Interest applicable from March 7, 2019Tenure 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 upto Rs
less than 3 months4.00%3 months to less than 6 months4.50%6 months to less than 1 year6.80%1 year to 18 months7.35%Above 18 months to less
than 2 years"7.65% "2 years to less than 5 years7.50%5 years to less than 7 years7.50%7 years to up to 10 years6.40%Small finance banks
(SFBs), meanwhile, offer higher interest rates on FDs as compared to the mainstream peers.Get the latest election news, live updates and
election schedule for Lok Sabha Elections 2019 on TheIndianSubcontinent.com/elections
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