Find information on Best FD Interest Rates from all banks of India. Compare Rates for ✓ 1 Year ✓ 2 Years ✓ 5 Years period. SBI ✓ HDFC ✓ Uco ✓ PNB ✓ Yes ✓ Ratnakar ✓ Laxmi vilas ✓ Syndicate ✓ Karnataka ✓ Bank of Baroda banks interest rates on Fixed deposits.
Table of Content
Fixed Deposit
A Fixed Deposit is a kind of investment made by the investor with a bank for a period of time offered by the bank itself. It has a higher rate of interest than any traditional saving account until the given maturity date.
Norms of Fixed Deposit:
- Withdrawal of money before the maturity period of the deposit is not allowed.
- There are some banks that may offer loan against the fixed deposit certificate at competitive interest rates.
- The interest rates may range from around 4% to 11%.
- Tenure for a fixed deposit fluctuate from 7, 15, or 45 days to 1.5 year and could be as high as 10 years.
Benefits of Fixed Deposit:
- A profit of 80% to 90% value of the deposit is guaranteed for loans against Fixed Deposits for the customers.
- A minimum of 3 months is granted to the residents of India for opening these accounts.
Interest Rates on Fixed Deposits for the Month of Jan 2020
| Bank | 1 year | 2 years | 5 years |
| Andhra Bank | 6.80 | 6.80 | 6.75 |
| Syndicate Bank | 6.50 | 6.70 | 6.50 |
| Kotak Bank | 6.75 | 6.80 | 6.25 |
| Bajaj Finserv | 8.00 | 8.15 | 8.60 |
| PNB | 6.75 | 6.75 | 6.50 |
| State Bank of india | 6.25 | 6.25 | 6.25 |
| IDBI Bank | 7.05 | 6.95 | 6.75 |
| HDFC Bank | 6.90 | 6.80 | 7.00 |
| ICICI Bank | 6.70 | 7.10 | 7.00 |
| Canara Bank | 6.50 | 6.00 | 6.25 |
| Union Bank | 6.75 | 6.40 | 6.45 |
| Bank of Baroda | 6.45 | 6.55 | 6.45 |
| Laxmi Vilas Bank | 7.75 | 7.75 | 7.85 |
| Citibank | 5.50 | 6.00 | 6.00 |
| United Bank | 6.50 | 6.25 | 6.00 |
| Karnataka Bank | 6.90 | 6.90 | 6.80 |
| Yes Bank | 7.25 | 7.25 | 7.25 |
| Ratnakar Bank | 8.00 | 8.05 | 7.60 |
| Axis Bank | 7.10 | 7.00 | 6.75 |
| Indian Bank | 6.75 | 6.50 | 6.90 |
| Bank of India | 6.50 | 6.50 | 6.50 |
Get Details on – Fixed Deposit Calculator
Latest Updated as per user search queries – 2020
| Search Query | Change in percentage | Date of updating |
| best fixed deposit plan | +190% | 01.04.2019 |
| pnb housing finance fixed deposit rates | +810% | 31.03.2019 |
| Axis bank fd interest rates july | +180% | 30.03.2019 |
| syndicate bank fd rates | +70% | 27.02.2019 |
| highest fd interest rates in india 2019 | +60% | 27.02.2019 |
| hdfc bank fixed deposit interest rates | +60% | 26.01.2019 |
| Hdfc fixed deposit interest rate 2019 | +40% | 26.01.2019 |
| PPF interest rate 2019 | +60% | 26.01.2019 |
| sbi fixed deposit interest rate July | +550% | 24.01.2019 |
| andhra bank fixed deposit rates 2019 | +15% | 22.01.2019 |
| all banks fixed deposit interest rate | +20% | 19.01.2019 |