Banks usually offer up to 80 bps extra interest rates to senior citizens over and above the regular fixed deposit rates.
Several banks, including SBI, DCB Bank, IDFC FIRST Bank, Utkarsh Small Finance Bank, City Union Bank, RBL, and Capital Bank ...
Banks have increased their fixed deposit rates after the central bank has hiked repo rates since May 2022. The FDs have emerged one of the safest investment options. Some banks are now offering ...
Small finance banks offer high FD rates up to 9%. Ensure deposits are under Rs 2 crore. Unique risk profile compared to full-service banks. Deposits insured up to Rs 5 lakh by DICGC. Various banks ...
Small finance banks offer better interest rates on fixed deposits (FDs). There are some banks which offer interest rates on FDs up to 9%. The fixed deposit interest rates given by small finance ...
Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Interest rates on fixed deposits ...
SBI Fixed Deposits: State Bank of India (SBI) has increased interest rates on its fixed deposits by up to 125 basis points (bps) on select tenors, effective May 15, 2024. The revision has been ...
The interest rates on fixed deposits under ₹2 Cr have once more been adjusted by Federal Bank. The bank last changed its interest rates on FDs on October 23, 2022. The new interest rates are ...
Utkarsh Small Finance Bank revised FD rates below Rs 2 crore effective May 1, 2024. Rates range from 4% to 8.5% for terms of 7 days to 10 years. Changes apply to new deposits and renewals.
Bank of Baroda, Axis Bank and HDFC Bank offer interest rates between 7.25 and 7 percent on three-year FDs. Banks such as AU Small Finance, Bank of Baroda, Indian Overseas Bank, SBI, among others ...
10-20 basis points and will pay 7.7% interest for a 45-month deposit. For senior citizens, a new product called Diamond Deposits has been launched, which will pay 8% for a tenure of 75 months.
FD interest up to 9.5%! Fixed deposit rates revised by these banks across tenors (Representational image: Freepik) Banks revise their interest rates on fixed deposits (FDs) or term deposits on a ...