SBI, Axis Bank increase Fixed Deposit rates

New Delhi : Following the footsteps of the State Bank of India, Axis Bank has also increased its Fixed Deposit rates which will come to effect from June 1, 2018.

ICICI Bank has not hiked its Fixed Deposit rate since December 11, 2017 while, HDFC had increased their rate in April end this year.

Fixed deposit interest rates offered by SBI

(All figures in % per annum)

Tenors    Existing for Public w.e.f. 28.03.2018    Revised For Public w.e.f. 28.05.2018    Existing for Senior Citizens w.e.f. 28.03.2018    Revised for Senior Citizens w.e.f. 28.05.2018

7 days to 45 days    5.75    5.75    6.25    6.25

46 days to 179 days    6.25    6.25    6.75    6.75

180 days to 210 days    6.35    6.35    6.85    6.85

211 days to less than 1 year    6.4    6.4    6.9    6.9

1 year to less than 2 year    6.4    6.65    6.9    7.15

2 years to less than 3 years    6.6    6.65    7.1    7.15

3 years to less than 5 years    6.7    6.7    7.2    7.2

5 years and up to 10 years    6.75    6.75    7.25    7.25

 

Fixed deposit interest rates offered by ICICI Bank

 

Tenure Period    Rate of Interest (% p.a.) w.e.f December 11, 2017

     General    Senior Citizen*

7 days to 14 days    4    4.5

15 days to 29 days    4.25    4.75

30 days to 45 days    5.5    6

46 days to 60 days    5.75    6.25

61 days to 90 days    6    6.5

91 days to 120 days    6    6.5

121 days to 184 days    6    6.5

185 days to 289 days    6.25    6.75

290 days to less than 1 year    6.5    7

1 year to 389 days    6.6    7.1

390 days to 2 years    6.75    7.25

2 years 1 day upto 5 years    6.5    7

5 years 1 day upto 10 years    6.5    7

5 Years Tax saver FD(Max upto Rs. 1.50 lac)    6.5    7

 

Fixed deposit interest rates offered by HDFC Bank

 

           

Period    < 1 Crore     

     Interest Rate     **Senior Citizen Rates 

     (per annum)    (per annum)

7 - 14 days    3.50%    4.00%

15 - 29 days    4.25%    4.75%

30 - 45 days    5.50%    6.00%

46 - 60 days    5.75%    6.25%

61 - 90 days    5.75%    6.25%

91 days - 6 months    5.75%    6.25%

6 mnths 1 day- 6 mnths 3 days    6.00%    6.50%

6 mnths 4 days    6.00%    6.50%

6 mnths 5 days- 9 mnths    6.00%    6.50%

9 mnths 1 day- 9 mnths 3 days    6.00%    6.50%

9 mnths 4 days    6.00%    6.50%

9 months 5 days - 9 months 15 days    6.00%    6.50%

9 months 16 days    6.25%    6.75%

9 months 17 days < 1 Year    6.25%    6.75%

1 Year    6.85%    7.35%

1 year 1 day - 1 year 3 days    6.50%    7.00%

1 year 4 days    6.25%    6.75%

1 year 5 days - 1 Year 15 Days    6.25%    6.75%

1 Year 16 days    6.25%    6.75%

1 year 17 days - 2 Years    7.00%    7.50%

2 years 1day - 2 Years 15 days    7.00%    7.50%

2 Years 16 days    7.00%    7.50%

2 years 17 days - 3 Years    7.00%    7.50%

3 years 1day - 5 years    7.00%    7.50%

5 Years 1 Day - 8 Years    6.00%    6.50%

8 Years 1 Day - 10 Years    6.00%    6.50%

 

Fixed deposit interest rates offered by Axis Bank

DEPOSITS – LESS THAN 5 CRORES W.E.F. 01/06/2018**

 

PERIOD    INTEREST RATES (% P.A.)

     DEPOSITS    DEPOSITS OF RS. 1

     BELOW RS. 1 CRORE    CRORE < RS.5 CRORES

7 days to 14 days    3.5    5.5

15 days to 29 days    3.5    5.5

30 days to 45 days    5.5    6

46 days to 60 days    6    6.3

61 days < 3 months    6    6.5

3 months < 4 months    6    6.75

4 months < 5 months    6    6.75

5 months < 6 months    6    6.75

6 months < 7 months    6.25    6.9

7 months < 8 months    6.25    6.9

8 months < 9 months    6.25    6.9

9 months < 10 months    6.5    6.9

10 months < 11 months    6.5    6.9

11 months < 1 year    6.5    6.9

1 year < 12 months 5 days    7.1    7.3

12 months 5 days < 12 months 11 days    7.4    7.6

12 months 11 days < 13 months    7.1    7.3

13 months < 14 months    7.1    7.3

14 months < 15 months    7    7.25

15 months < 16 months    7    7.25

16 months < 17 months    7    7.25

17 months < 18 months    7    7.25

18 Months < 2 years    7    7.25

2 years < 30 months    7    7.25

30 months < 3 years    7    7.25

3 years < 5 years    7    7

5 years to 10 years    7    7

 

DEPOSITS – SENIOR CITIZENS – LESS THAN 5 CRORES* W.E.F. 01/06/2018**

 

PERIOD    INTEREST RATES (% P.A.)

     DEPOSITS    DEPOSITS OF RS. I

     BELOW RS. 1 CRORE    CRORE < RS.5 CRORES

7 days to 14 days    3.5    5.5

15 days to 29 days    3.5    5.5

30 days to 45 days    5.5    6

46 days to 60 days    6    6.3

61 days < 3 months    6    6.5

3 months < 4 months    6    6.75

4 months < 5 months    6    6.75

5 months < 6 months    6    6.75

6 months < 7 months    6.5    7.15

7 months < 8 months    6.5    7.15

8 months < 9 months    6.5    7.15

9 months < 10 months    6.75    7.15

10 months < 11 months    6.75    7.15

11 months < 1 year    6.75    7.15

1 yeor < 12 months 5 days    7.75    7.95

12 months 5 days < 12 months 11 days    8.05    8.25

12 months 11 days < 13 months    7.75    7.95

13 months < 14 months    7.75    7.95

14 months < 15 months    7.65    7.9

15 months < 16 months    7.65    7.9

16 months < 17 months    7.65    7.9

17 months < 18 months    7.65    7.9

18 Months < 2 years    7.65    7.9

2 years < 30 months    7.65    7.9

30 months < 3 years    7.5    7.75

3 years < 5 years    7.5    7.5

5 years to 10 years    7.5    7.5