SBI Vs HDFC Bank Vs ICICI Bank: Check Latest FD Interest Rates Comparison – News18

Last Updated:October 04, 2024, 16:31 IST

HDFC Bank is providing as much as 7.9 per cent FD charges on fastened deposits under Rs 3 crore, ICICI Bank is giving as much as 7.8 per cent, and State Bank of India (SBI) is giving as much as 7.50 per cent.

SBI Vs HDFC Bank Vs ICICI Bank FD Rates: As the RBI MPC is assembly subsequent week to determine on the rates of interest within the nation and is predicted to start out slicing charges from December 2024, fastened deposit rates of interest are additionally more likely to be rationalised from subsequent yr. Here’s a have a look at FD rates of interest of HDFC Bank, ICICI Bank and SBI.

Fixed deposits are at present providing as a lot as 7.9 per cent curiosity, beating inflation comfortably which at present stands at round 4 per cent.

Currently, HDFC Bank, India’s largest non-public sector lender, is providing as much as 7.9 per cent FD charges on fastened deposits under Rs 3 crore, relying upon the age of the depositor and tenure. ICICI Bank is giving as much as 7.8 per cent, whereas State Bank of India (SBI) is giving as much as 7.50 per cent.

Here’s the comparability of the present fastened deposit (FD) rates of interest provided by three giant banks HDFC Bank, ICICI Bank, and Axis Bank on deposits under Rs 3 crore:

HDFC Bank’s newest rates of interest on fastened deposits lower than Rs 3 crore (each year):

• 7 days to 14 days: For General Public – 3.00 per cent; For Senior Citizens – 3.50 per cent
• 15 days to 29 days: For General Public – 3.00 per cent; For Senior Citizens – 3.50 per cent
• 30 days to 45 days: For General Public – 3.50 per cent; For Senior Citizens – 4.00 per cent
• 46 days to 60 days: For General Public – 4.50 per cent; For Senior Citizens – 5.00 per cent
• 61 days to 89 days: For General Public – 4.50 per cent; For Senior Citizens – 5.00 per cent
• 90 days to lower than equal to six months: For General Public – 4.50 per cent; For Senior Citizens – 5.00 per cent
• 6 months 1 day to lower than 9 months: For General Public – 5.75 per cent; For Senior Citizens – 6.25 per cent
• 9 months 1 day to lower than 1 yr: For General Public – 6.00 per cent; For Senior Citizens – 6.50 per cent
• 1 yr to lower than 15 months: For General Public – 6.60 per cent; For Senior Citizens – 7.10 per cent
• 15 months to lower than 18 months: For General Public – 7.10 per cent; For Senior Citizens – 7.50 per cent
• 18 months to lower than 21 months: For General Public – 7.25 per cent; For Senior Citizens – 7.75 per cent
• 21 months to 2 years: For General Public – 7.00 per cent; For Senior Citizens – 7.50 per cent
• 2 years 1 day to lower than 2 years 11 months: For General Public – 7.00 per cent; For Senior Citizens – 7.50 per cent
• 2 years 11 months to 35 months: For General Public – 7.35 per cent; For Senior Citizens – 7.85 per cent
• 2 years 11 months 1 day to lower than or equal to three years: For General Public – 7.00 per cent; For Senior Citizens – 7.50 per cent
• 3 years 1 day to lower than 4 years 7 months: For General Public – 7.00 per cent; For Senior Citizens – 7.50 per cent
• 4 years 7 months to 55 months: For General Public – 7.40 per cent; For Senior Citizens – 7.90 per cent
• 4 years 7 months 1 day to lower than or equal to five years: For General Public – 7.00 per cent; For Senior Citizens – 7.50 per cent
• 5 years 1 day to 10 years: For General Public – 7.00 per cent; For Senior Citizens – 7.50 per cent.

SBI’s FD Interest Rate (On Deposits Below Rs 3 Crore):

• 7 days to 45 days: For General Public – 3.50 per cent; For Senior Citizens – 4.00 per cent
• 46 days to 179 days: For General Public – 5.50 per cent; For Senior Citizens – 6.00 per cent
• 180 days to 210 days: For General Public – 6.25 per cent; For Senior Citizens – 6.75 per cent
• 211 days to lower than 1 yr: For General Public – 6.50 per cent; For Senior Citizens – 7.00 per cent
• 1 yr to lower than 2 years: For General Public – 6.80 per cent; For Senior Citizens – 7.30 per cent
• 2 years to lower than 3 years: For General Public – 7.00 per cent; For Senior Citizens – 7.50 per cent
• 3 years to lower than 5 years: For General Public – 6.75 per cent; For Senior Citizens – 7.25 per cent
• 5 years to as much as 10 years: For General Public – 6.50 per cent; For Senior Citizens – 7.50 per cent.

ICICI Bank’s newest rates of interest on fastened deposits under Rs 3 crore:

• 7 days to 29 days: For General Public – 3.00 per cent; For Senior Citizens – 3.50 per cent
• 30 days to 45 days: For General Public – 3.50 per cent; For Senior Citizens – 4.00 per cent
• 46 days to 60 days: For General Public – 4.25 per cent; For Senior Citizens – 4.75 per cent
• 61 days to 90 days: For General Public – 4.50 per cent; For Senior Citizens – 5.00 per cent
• 91 days to 184 days: For General Public – 4.75 per cent; For Senior Citizens – 5.25 per cent
• 185 days to 270 days: For General Public – 5.75 per cent; For Senior Citizens – 6.25 per cent
• 271 days to lower than 1 yr: For General Public – 6.00 per cent; For Senior Citizens – 6.50 per cent
• 1 yr to lower than 15 months: For General Public – 6.70 per cent; For Senior Citizens – 7.20 per cent
• 15 months to lower than 18 months: For General Public – 7.25 per cent; For Senior Citizens – 7.80 per cent
• 18 months to 2 years: For General Public – 7.25 per cent; For Senior Citizens – 7.75 per cent
• 2 years 1 day to five years: For General Public – 7.00 per cent; For Senior Citizens – 7.50 per cent
• 5 years 1 day to 10 years: For General Public – 6.90 per cent; For Senior Citizens – 7.40 per cent
• 5 years (tax saver FD): For General Public – 7.00 per cent; For Senior Citizens – 7.50 per cent.

The RBI not too long ago raised the majority deposit definition to Rs 3 crore, from Rs 2 crore earlier.