Fixed Deposit Latest Rate: After the increase in the repo rate by the Reserve Bank, the rates of bank loans and fixed deposits have been increased several times. Here information is being given about some five banks, which are giving strong interest rates on FDs to the people. Let us know how much interest banks like State Bank of India, HDFC Bank and ICICI Bank are offering on FD.
SBI Fixed Deposit Interest
The country’s largest bank SBI has also changed the interest of fixed deposits. This bank is paying interest ranging from 3 percent to 6.75 percent on FD and this interest is for tenure ranging from 7 days to 10 years. This increased rate is applicable from December 2013.
HDFC Bank Fisk Deposit
Private sector HDFC Bank is offering 3 percent to 7 percent interest on fixed deposits with tenures ranging from 7 days to 10 years. This increased rate is applicable from December 14, 2022.
FD interest of ICICI Bank
On the FD of ICICI Bank, interest ranging from 3% to 7% is being given to the common people on tenure ranging from 7 days to 10 years. This rate will be considered effective from December 16, 2022. This rate is being given on investment of less than 2 crores.
Union Bank Fixed Deposit
Union Bank is paying interest ranging from 3 percent to 7.30 percent on investments of less than Rs 2 crore under fixed deposits. This interest is being given on tenure ranging from 7 days to 10 years. This interest is as on November 25, 2022.
FD of Punjab National Bank
The interest rate on FD of Punjab National Bank is being given from 3.50 percent to 7.25 percent. This interest rate is being given on FD tenure ranging from 7 days to 10 years. The bank had increased this rate on January 1, 2023.
Bank of Baroda FD
Talking about Bank of Baroda, this bank is paying interest ranging from 3 percent to 7.05 percent. It last increased its FD rate on 26 December. This interest rate is applicable for different tenures, which range from 7 days to 10 years.
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