4 Banks Including Axis Bank, ICICI Bank Revise FD Rates --Check Latest Bank FD Interest Rates July 2024
Fixed Deposit Rate Hike July 2024
![Fixed Deposit Rate Hike July 2024](https://english.cdn.zeenews.com/sites/default/files/2024/07/04/1431245-fixeddepositbank.jpg?im=Resize=(400))
With effect from July 1, 2024, some banks have changed the interest rates on their Fixed Deposits (FDs). The rates have been revised for sums under Rs 3 crore.
Latest Bank FD Rates July 2024
![Latest Bank FD Rates July 2024](https://english.cdn.zeenews.com/sites/default/files/2024/07/04/1431243-rupeedahikeindia.jpg)
Here's a quick glance at the updated fixed deposit interest rates offered by the leading Indian banks. Check and compare latest FD rates --Axis Bank vs ICICI Bank vs Ujjivan Small Finance Bank vs Punjab and Sindh Bank.
1. Axis Bank FD Rates July 2024
![1. Axis Bank FD Rates July 2024](https://english.cdn.zeenews.com/sites/default/files/2024/07/04/1431242-axisbank.jpg)
With effect from July 1, 2024, Axis Bank has modified the interest rates on its FDs up to Rs 3 crore. Senior citizens will get a maximum rate of 7.75% on tenure between 5 and 10 years and for other customers, the maximum interest rate can reach 7.2% for terms ranging from 17 to 18 months.
2. Ujjivan Small Finance Bank FD Rates July 2024
![2. Ujjivan Small Finance Bank FD Rates July 2024](https://english.cdn.zeenews.com/sites/default/files/2024/07/04/1431240-ujjivansmallfinance.jpg)
With effect from July 1, 2024, Ujjivan Small Finance Bank has modified the interest rates on its FDs. The bank gives senior citizens the highest interest rate of 8.75% on FDs up to Rs 3 crore with a 12-month tenor. The maximum interest rate on FDs for others can increase to 8.25% during 12 months.
3. ICICI Bank FD Rates July 2024
![3. ICICI Bank FD Rates July 2024](https://english.cdn.zeenews.com/sites/default/files/2024/07/04/1431237-icicibank.jpg)
With effect from July 1, 2024, ICICI Bank has modified the interest rates on its FDs. The bank gives the maximum interest rate of 7.75% for elderly individuals with 15 to 18-month term FDs. The maximum interest rate on FDs for others can reach 7.2% for terms ranging from 15 months to 2 years. The revised rates apply to FDs up to Rs 3 crore.
4. Punjab and Sindh Bank FD Rates July 2024
![4. Punjab and Sindh Bank FD Rates July 2024](https://english.cdn.zeenews.com/sites/default/files/2024/07/04/1431236-punjabandsindh.jpg)
With effect from July 1, 2024, Punjab and Sindh Bank has modified the interest rates on its FDs. The bank provides elderly people the highest interest rate of 7.80% on FDs up to Rs 3 crore for a period of 666 days. The maximum interest rate on FDs for other customers might reach 7.3% over the same period of time.
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