Fixed Deposit interest rates for April 2021
New Delhi : After a recent announcement of a decrease in small savings interest rates and the reversal of the order by Finance Minister Nirmala Sitharaman, several people were left scratching their heads over what happened. To clear the air, here are the latest Fixed Deposit interest rates by the major lenders of India - State Bank of India (SBI), ICICI Bank, HDFC Bank, and Axis Bank – for April 2021.
The below mentioned Fixed Deposit interest rates are for an investment of less than 2 crores and for a tenure ranging from 7 days to 10 years.
Axis Bank latest FD interest rates (below Rs 2 crore)
Axis Bank has changed the interest rates on fixed deposits (FDs) with effect from 24 March. Here are the rates that the bank offers:
7 days to 14 days 2.50%
15 days to 29 days 2.50%
30 days to 45 days 3%
46 days to 60 days 3%
61 days < 3 months 3%
3 months < 4 months 3.5%
4 months < 5 months 3.5%
5 months < 6 months 3.5%
6 months < 7 months 4.40%
7 months < 8 months 4.40%
8 months < 9 months 4.40%
9 months < 10 months 4.40%
10 months < 11 months 4.40%
11 months < 11 months 25 days 4.40%
11 months 25 days < 1 year 5.15%
1 year < 1 year 5 days 5.15%
1 year 5 days < 1 year 11 days 5.10%
1 year 11 days < 1 year 25 days 5.10%
1 year 25 days < 13 months 5.10%
13 months < 14 months 5.10%
14 months < 15 months 5.10%
15 months < 16 months 5.10%
16 months < 17 months 5.10%
17 months < 18 months 5.10%
18 Months < 2 years 5.25%
2 years < 30 months 5.40%
30 months < 3 years 5.40%
3 years < 5 years 5.40%
5 years to 10 years 5.75%
SBI FD interest rates (below Rs 2 crore)
SBI’s FD interest rates range from 2.9% to 5.4% between 7 days to 10 years. Check out the revised rates below:
7 days to 45 days - 2.9%
46 days to 179 days - 3.9%
180 days to 210 days - 4.4%
211 days to less than 1 year - 4.4%
1 year to less than 2 years - 5%
2 years to less than 3 years - 5.1%
3 years to less than 5 years - 5.3%
5 years and up to 10 years - 5.4%
HDFC Bank FD interest rates (below Rs 2 crore)
HDFC Bank provides interest rates ranging from 2.50% to 5.50% on deposits between 7 days and 10 years. Check out the updated rates below:
7 - 14 days 2.50%
15 - 29 days 2.50%
30 - 45 days 3%
46 - 60 days 3%
61 - 90 days 3%
91 days - 6 months 3.5%
6 months 1 days - 9 months 4.4%
9 months 1 day < 1 Year 4.4%
1 year - 4.9%
1 year 1 day - 2 years 4.9%
2 years 1 day - 3 years 5.15%
3 year 1 day- 5 years 5.30%
5 years 1 day - 10 years 5.50%
ICICI Bank FD interest rates (below Rs 2 crore)
ICICI Bank offers interest rates ranging from 2.5% to 5.50% on deposits between 7 days to 10 years. Check out the rates below:
7 days to 14 days - 2.50%
15 days to 29 days - 2.50%
30 days to 45 days - 3%
46 days to 60 days - 3%
61 days to 90 days- 3%
91 days to 120 days - 3.5%
121 days to 184 days - 3.5%
185 days to 210 days - 4.40%
211 days to 270 days - 4.40%
271 days to 289 days - 4.40%
290 days to less than 1 year - 4.40%
1 year to 389 days - 4.9%
390 days to < 18 months - 4.9%
18 months days to 2 years - 5%
2 years 1 day to 3 years - 5.15%
3 years 1 day to 5 years - 5.35%
5 years 1 day to 10 years - 5.50%
