INSUBCONTINENT EXCLUSIVE:
Bank FD interest rate: Banks today pay annual returns up to 9.5 per cent on fixed deposits.Many banks currently pay interest rates up to 9.5
per cent on term deposits - or fixed deposits (FDs) - up to Rs 1 crore
While major commercial banks pay interest rates in the range of 4-7.75 per cent to customers on FDs, small finance banks offer those between
3.5 per cent and 9.5 per cent
On fixed deposits up to Rs 1 crore, many lenders - from major commercial banks such as State Bank of India and HDFC Bank to small finance
the general public.SBIMaturity period (term)Interest rate with effect from July 30, 2018General publicSenior citizen7 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 year6.77.22 years
to less than 3 years6.757.253 years to less than 5 years6.87.35 years and up to 10 years6.857.35(Source: sbi.co.in)ICICI BankMaturity period
(term)Interest rate with effect from August 14, 2018General publicSenior citizen7 days to 14 days44.515 days to 29 days4.254.7530 days to 45
days5.5646 days to 60 days5.756.2561 days to 90 days66.591 days to 120 days66.5121 days to 184 days66.5185 days to 289 days6.57290 days to
less than 1 year6.757.251 year to 389 days6.757.25390 days to 2 years77.52 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
1.50 lac)7.257.75(Source: icicibank.com)HDFC BankMaturity period (term)Interest rate with effect from October 6, 2018General publicSenior
citizen7 - 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 days7.00%7.50%9 months 4 days7.00%7.50%9 months 5 days - 9 months 15 days7.00%7.50%9 months 16 days7.00%7.50%9 months 17 days < 1
Year7.00%7.50%1 Year7.25%7.75%1 year 1 day - 1 year 3 days7.25%7.75%1 year 4 days7.25%7.75%1 year 5 days - 1 Year 15 Days7.25%7.75%1 Year 16
days7.25%7.75%1 year 17 days - 2 Years7.25%7.75%2 years 1 day - 2 Years 15 days7.10%7.60%2 Years 16 days7.10%7.60%2 years 17 days - 3
Years7.10%7.60%3 years 1 day - 5 years7.10%7.60%5 Years 1 Day - 8 Years6.00%6.50%8 Years 1 Day - 10 Years6.00%6.50%(Source:
Day to 24 Months8.50%9.00%24 Months 1 Day to 36 Months7.75%8.25%36 Months 1 Day to 45 Months7.75%8.25%45 Months 1 Day to 60
180 days5.50%6.00%181 days to 240 days7.50%8.00%241 days to less than 1 Year7.75%8.25%1 Year to 2 Years8.50%9.00%Above 2 Years to 3
Years8.75%9.25%950 Days*9.00%9.50%Above 3 Years to less than 5 Years8.00%8.50%5 Years8.25%8.75%Above 5 Years to 10 Years7.25%7.75%Source:
suryodaybank.com)Jana Small Finance BankMaturity period (term)Interest rate with effect from October 17, 20187 days to 45 days6.00%46 days
to 60 days6.50%61 days to 180 days7.00%181 days to 365 days8.00%More than 1 year up to 2 years8.25%More than 2 years up to 3 years8.50%More
than 3 years up to 5 years8.00%More than 5 years up to 10 years7.00%(Source: janabank.com)Fincare Small Finance BankMaturity period
days7.00%7.50%12 months to 15 months8.00%8.50%15 months 1 day to 18 months8.25%8.75%18 months 1 day to 21 months8.50%9.00%21 months 1 day to
24 months8.75%9.25%24 months 1 day to 36 months9.00%9.50%3 years 1 day to 5 years8.00%8.50%5 years 1 day to 7 years7%7.50%(Source:
days5.75%6.25%15 - 59 days5.75%6.25%60 - 90 days6.50%7.00%91 - 179 days6.75%7.25%180 - 363 days7.50%8.00%364 days5.60%6.10%365 - 727
days8.75%9.25%728 days6.80%7.30%729 - 1091 days8.00%8.50%1092 days5.66%6.16%1093 - 1819 days7.00%7.50%1820 days5.65%6.15%1821 - 3652
days7.00%7.50%(Source: esafbank.com)Utkarsh Small Finance BankMaturity period (term)Interest rate with effect from September 27,
