The best Fixed Deposits interest rates offered by various Banks in India for resident indians are given below.
To know the full details please click on the respective bank name.
Please note that, bank interet rates are subject to change, the following rates are updated as on 20/07/2011.
| Sl No |
Bank Name |
w.e.f |
Period |
Interest Rate(%) pa |
| |
|
|
|
Normal |
Senior citizens |
| 1 |
Allahabad Bank |
9-Jun-11 |
1 year < 3 years |
9.00 |
9.50 |
| |
|
|
3 years < 5 years |
8.75 |
9.25 |
| |
|
|
5 years & upto 10 years |
8.50 |
9.00 |
| |
|
|
450 Days |
9.25 |
9.75 |
| |
|
|
|
|
|
| 2 |
Andhra Bank |
11-Jul-11 |
1 year 16 months |
9.00 |
9.50 |
| |
|
|
16 Months < 33 months |
9.40 |
9.90 |
| |
|
|
500 days to 1000 days |
9.40 |
9.90 |
| |
|
|
3 years <5 years |
8.60 |
9.10 |
| |
|
|
|
|
|
| 3 |
Bank of Baroda |
12-Jul-11 |
1 year upto 443 days |
9.00 |
9.50 |
| |
|
|
444 days |
9.35 |
9.85 |
| |
|
|
445 days & upto 3 years |
9.00 |
9.50 |
| |
|
|
|
|
|
| 4 |
Bank of India |
6-Jul-11 |
1 Year < 2 years except 555 days |
9.00 |
9.50 |
| |
|
|
555 days |
9.25 |
9.75 |
| |
|
|
1111 days |
9.00 |
9.50 |
| |
|
|
5 years to 10 years |
8.75 |
9.55 |
| |
|
|
|
|
|
| 5 |
Bank of Maharashtra |
16-May-11 |
1 year to 3 years |
8.55 |
9.30 |
| |
|
|
444 days |
9.25 |
10.00 |
| |
|
|
3 years |
9.00 |
9.75 |
| |
|
|
over 3 years to 5 years |
8.60 |
9.35 |
| |
|
|
|
|
|
| 6 |
Canara Bank |
16-May-11 |
1 year above < 2 years except 555 days |
9.10 |
9.60 |
| |
|
|
555 days |
9.25 |
9.75 |
| |
|
|
2 years & above < 3 years |
9.00 |
9.50 |
| |
|
|
1000 days & 1200 days |
9.00 |
9.50 |
| |
|
|
8 years & above to 10 years |
9.00 |
9.50 |
| |
|
|
|
|
|
| 7 |
Central Bank of India |
9-May-11 |
1 year to < 2 years |
9.25 |
9.75 |
| |
|
|
2 years to < 3 years |
8.75 |
9.25 |
| |
|
|
3 Years to 10 years |
8.80 |
9.30 |
| |
|
|
555 days |
9.40 |
9.90 |
| |
|
|
|
|
|
| 8 |
Corporation Bank |
1-Jul-11 |
6 months < 12 months |
9.15 |
9.65 |
| |
|
|
12 months only |
9.30 |
9.90 |
| |
|
|
Above 12 months < 2 years |
9.15 |
9.75 |
| |
|
|
2 years < 5 years |
9.25 |
9.95 |
| |
|
|
|
|
|
| 9 |
Indian Bank |
13-Jul-11 |
9 months to < 1 Years |
8.75 |
9.50 |
| |
|
|
1 year to 3 years |
9.25 |
10.00 |
| |
|
|
above 3 years |
9.00 |
9.75 |
| |
|
|
|
|
|
| 10 |
Syndicate Bank |
12-Jul-11 |
181 days to 269 days |
8.50 |
9.00 |
| |
|
|
270 days to 364 days |
9.25 |
9.75 |
| |
|
|
one year to 439 days |
9.55 |
10.05 |
| |
|
|
2 years to upto 10 years |
9.50 |
10.00 |
| |
|
|
|
|
|
| 11 |
Union Bank of India |
8-Jul-11 |
270 days to < 1 years |
8.25 |
8.75 |
| |
|
|
1 year to < 5 years |
9.25 |
9.75 |
| |
|
|
5 years to < 8 years |
9.40 |
9.90 |
| |
|
|
8 years to 10 years |
8.50 |
9.00 |
| |
|
|
|
|
|
| 12 |
Vijaya Bank |
7-Jun-11 |
1 year to < 2 years |
9.25 |
9.75 |
| |
|
|
2 Years to < 3 years |
9.15 |
9.90 |
| |
|
|
3 years < 5 years |
9.25 |
10.00 |
| |
|
|
5 years & above |
9.25 |
10.00 |
| |
|
|
|
|
|
| 13 |
State Bank of India |
11-Jul-11 |
241 dyas to < 1 year |
7.75 |
8.25 |
| |
|
|
1 year to 2 years |
9.25 |
9.75 |
| |
|
|
2 years to < 3 years |
9.25 |
9.75 |
| |
|
|
3 years to < 5 years |
9.25 |
9.75 |
| |
|
|
5 years to upto 10 years |
9.25 |
9.75 |
| |
|
|
|
|
|
| 14 |
State Bank of Travancore |
13-Jul-11 |
1 year < 2 years |
9.50 |
10.00 |
| |
|
|
500 days |
9.50 |
10.00 |
| |
|
|
1000 days |
9.50 |
10.00 |
| |
|
|
2 years to < 3 years |
9.50 |
10.00 |
| |
|
|
3 years to < 5 years |
9.50 |
10.00 |
| |
|
|
5 years to upto 10 years |
9.50 |
10.00 |
| |
|
|
|
|
|
| 15 |
Axis Bank |
29-Apr-11 |
9 months to < 1 year |
8.50 |
9.50 |
| |
|
|
1 year < 14 months |
9.25 |
10.25 |
| |
|
|
14 months < 2 years |
9.00 |
10.00 |
| |
|
|
2 years to upto 10 years |
8.50 |
9.50 |
| |
|
|
|
|
|
| |
HDFC Bank |
12-May-11 |
1 year 16 days |
8.50 |
9.00 |
| |
|
|
above 2 years to 2 years 15 days |
8.50 |
9.00 |
| |
|
|
2 years 16 days |
9.25 |
9.75 |
| |
|
|
2 years 17 days to 3 years |
8.50 |
9.00 |
| |
|
|
|
|
|
| 16 |
ICICI Bank |
19-May-11 |
590 days |
9.25 |
9.75 |
| |
|
|
790 days |
9.25 |
9.75 |
| |
|
|
990 days |
9.25 |
10.00 |
| |
|
|
3 years to upto 10 yeasrs |
8.75 |
9.25 |
| |
|
|
|
|
|
| 17 |
IDBI Bank |
21-Jun-11 |
1 year 1 day to 499 days |
9.25 |
10.00 |
| |
|
|
500 days |
9.50 |
10.00 |
| |
|
|
above 500 days to 7 years |
9.25 |
10.00 |
| |
|
|
above 7 years to 10 years |
9.00 |
9.75 |
| |
|
|
|
|
|
| 18 |
Dhanlaxmi Bank |
6-Jun-11 |
366 days to 499 days |
9.00 |
9.50 |
| |
|
|
500 days (upto 15 laksh) |
9.50 |
10.00 |
| |
|
|
501 days to 2 years |
9.00 |
9.50 |
| |
|
|
Above 2 years to 5 years |
8.75 |
9.25 |
| |
|
|
|
|
|
| 19 |
Federal Bank |
23-Jun-11 |
300 days |
9.00 |
9.50 |
| |
|
|
1 year only |
9.80 |
10.30 |
| |
|
|
Above 1 year to < 2 yars |
9.50 |
10.00 |
| |
|
|
2 years to < 5 years |
9.25 |
9.75 |
| |
|
|
5 years and above |
9.00 |
9.50 |
Best Regards
Prakash Nair
Disclaimer
Please note that, I am not a Mutual Fund/Insurance Agent, Share Broker or representing any Financial Institution or working for any investment company on commission basis. My intention is to provide useful information to my readers and answer their queries related to the articles which I published..
This information/article is intended to assist/educate investors/prospective investors. The information does not constitute investment advice or an offer to invest or to provide management services, recommendation to join any plan/scheme or open account with any financial intermediaries/brokers or other institutions and is subject to errors, omission, correction, completion and amendment, without notice.. It is not my intention to state, indicate or imply in any manner that current or past results are indicative of future results or expectations. As with all investments, there are associated risks and you
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