INSUBCONTINENT EXCLUSIVE:
FD interest rates vary according to the tenure of the fixed deposit and across banks.Fixed deposits (FDs) are secure financial instruments
which offer guaranteed returns
FD interest rates vary from one bank to another, depending on factors such as the term of fixed deposit
In a fixed deposit account, money is deposited for a specific time, which varies from seven days to 10 years
Some fixed deposits come with a premature withdrawal facility while some require a compulsory lock-in period
Recently, top private lenders banks such as HDFC Bank and Axis Bank revised their fixed deposit rates.Here is a comparison of interest rates
offered by State Bank of India (SBI), Yes Bank, HDFC Bank and ICICI Bank on fixed deposits up to Rs 1 crore:State Bank of IndiaThe following
FD interest rates are applicable on deposits below Rs
1 crore, according to the bank's website - sbi.co.in:TenorsRevised For Public w.e.f
30.07.2018Revised for Senior Citizens w.e.f
30.07.20187 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
following FD interest rates are for deposits below Rs 1 crore with effect from June 5, 2018, according to the bank's website -
yesbank.in:RESIDENT FIXED DEPOSIT INTEREST RATES (% p.a)PeriodRates for < 1 Crore w.e.f 5th June 2018Regular Interest RatesSenior Citizen
Interest Rates7 to 45 days5.00%5.50%46 to 90 days7.00%7.50%3 months to < 6 months6.90%7.40%6 months to < 9 months6.70%7.20%9 months to < 1
