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Saturday, 24 February 2018

These Are The Fixed Deposit (FD) Interest Rates Of SBI, ICICI Bank, HDFC Bank, Bank Of Baroda, Bank Of India

These Are The Fixed Deposit (FD) Interest Rates Of SBI, ICICI Bank, HDFC Bank, Bank Of Baroda, Bank Of India

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Fixed Deposit (FD) is a form of savings instrument in which the customers are crediting their money for some time for the assured rate of return. Different banks have fixed deposits of different periods and interest rates, for example, with the country's largest lender, a five-year fixed deposit, State Bank of India (SBI) guarantees a 6% interest rate. In the same period, ICICI Bank, the largest private sector bank, offers 6.5 percent interest rate; HDFC Bank offers interest rate of 6 per cent on a fixed deposit deposited for 5 years, while Bank of Baroda and Bank of India (BOI) offer 6.5 per cent and 6.25 per cent on fixed deposits of the same period respectively.

Deposit interest rates of SBI, ICICI Bank, HDFC Bank, Bank of Baroda, Vice Bank are given below:

State Bank of India (SBI) Fixed Deposit (FD) Interest Rates:
Amendment in interest rates on Retail Domestic Term Deposits (below one crore rupees) w.e.f. 2017/01/11
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