For the general public and 7.70% p.a. As the tenure extends to 30 to 45 days, the interest rates increase to 3.5 percent for the general public and 4 percent for senior citizens.
For regular depositors for tenures ranging from 7 days to 10 years. Senior citizens are eligible for rate of interest of 7.60%.
The Bank Also Offers Tax Saving Fds @ 7.20% P.a.
Leading banks such as state bank of india (sbi), punjab national bank (pnb), bank of baroda (bob), indian overseas bank, hdfc bank, icici bank, and axis bank also offer fds.
Know What Interest Rates They Are Offering To General Citizens In Different Fd Schemes (Source:
Currently, fd interest rates of scheduled banks range from 2.50% p.a.
Images References :
Hdfc Bank Offers Interest Rate Between 4.75% To 7.40% For General Citizens On Bulk Deposits.
The new rates are effective from february 3, 2024, as per the hdfc bank website.
Let Us Compare The Fd Interest Rates Of Major Banks Such As Yes Bank, Sbi, Hdfc Bank, Icici Bank, Pnb, And Canara Bank.
The fd tenures are ranging from 7 days to 10 years.