Compare FD Rates SBI vs ICICI vs HDFC And More --Check Fixed Deposit Rates Of 9 Big Banks

Top 9 banks of India, including SBI, HDFC, ICICI and Axis Bank among others, have changed the interest rates on their Fixed Deposits (FDs) in the last few weeks. Here's a brief glance at the latest fixed deposit interest rates offered by the leading Indian banks. 

SBI offers an interest rate between 3.50% - 7.10% for general citizens and 4% to 7.60% for senior citizens. The revised rates are effective from June 15, 2024.

HDFC Bank offers a maximum interest rate, which ranges from 7.25% for regular citizens to 7.75% for senior citizens, and is available for terms between 18 and less than 21 months. These rates were in effect from July 5, 2024.

The ICICI Bank offers the highest interest rate of 7.75% for senior citizens and 7.20% for regular citizens. It is offered for tenure of 15 months to less than 18 months. These rates were in effect from July 5, 2024.

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.

With a duration of 444 days, Canara Bank is offering the highest interest rate, which is 7.25% for the general public and 7.75% for senior citizens. The updated rates are applicable from June 11, 2024.

PNB offers the highest interest rate of 7.25% for regular citizens and 7.75% for senior citizens. These rates are offered for a tenure of 400 Days and are applicable from June 10, 2024.

Yes Bank offers the highest interest rate of 8% for regular citizens and 8.50% for senior citizens for tenure of 18 months. These updated rates are applicable from June 8, 2024.

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.

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.