Latest Fixed Deposit interest rates in post office, SBI, HDFC, Axis Bank, ICICI, PNB, OBC, BoB: 1, 3-year plans compared
Fixed Deposit interest rates 2019: The new year is finally here. The Fixed Deposit rates offered by various public and private sector lenders are expected to undergo a sea of change in the coming months if the Reserve Bank of India decides to make changes to the repo rate, which is the rate at which the central bank lends to the banks. Find below the 1 and 3 year FD plan rates offered by SBI, Post Office, HDFC, Axis, ICICI, PNB, OBC, PNB, Bank of Baroda:
Fixed Deposit rates in Post Office 2019: 1, 3-year plans
Post Office currently offers 7% interest on Time Deposits of 1 and 3 years. The Post Office now offers 7.0% interest on 1 year Time Deposit. This is compounded quarterly. The interest rate on this account offered earlier was 6.9%. The interest rate on 3 year Time Deposit scheme has been reduced to 7% from 7.2 per cent earlier. (Reuters)
Fixed Deposit rates in SBI 2019: 1, 3-year plans
The State Bank of India (SBI) offers 6.4% interest rate to deposits below Rs 1 crore for 211 days to less than 1 year. For 180-210 days, it is 6.35%; 6.25% for 46 to 179 days and 5.75% for 7 to 45 days. On FDs of two years to less than three years, SBI offers 6.8% interest rate. For senior citizens, the rates are 0.5% higher. (Reuters)
Fixed Deposit rates in HDFC Bank 2019: 1, 3-year plans
On deposits below Rs 5 crore, HDFC offers 7.4% interest rate on FDs for 2 years 17 days to three years. On several plans starting from 7-14 days to 1 year, HDFC offers up to 7.3% interest rate. For senior citizens, the rates 0.5% higher. (Reuters)
Fixed Deposit rates in Axis Bank 2019: 1, 3-year plans
Axis Bank offers 7.1% on FDs for 9 months to 364 days. For senior citizens, the interest rate on this plan is 7.35%. On FDs for two to three years, Axis bank offers 7.5% interest rate. (Reuters)
Fixed Deposit rates in ICICI Bank 2019: 1, 3-year plans
ICICI Bank offers 6.75% interest on FDs for 290 days to 1 year and 7.5% for investment up to three years in FD with premature withdrawal facility. The rates are 0.55 higher for senior citizens. In FD with no premature withdrawal facility, the rates are 7.7% on deposits for 331 days to 1 year; 7.6% on deposits for 2 to 3 years. (Reuters)
Fixed Deposit rates in Punjab National Bank (PNB) 2019: 1, 3-year plans
Punjab National Bank offers 6.75% interest on deposits for 1 to 3 years. For deposits up to 1 year, PNB offers up to 6.75 % interest rate. All rates are 0.5% higher for senior citizens. (Reuters)
Fixed Deposit rates in OBC (Oriental Bank of Commerce) 2019: 1, 3-year plans
OBC offers 6.5% on FDs for 270 to less than 1 year FDs. The rate is 6.7% on deposits for two to three years. (PTI)
Fixed Deposit rates in BoB (Bank of Baroda) 2019: 1, 3-year plans
Bank of Baroda offers 6.7% interest on 1-year FD below Rs 1 crore. For 3-year FD, the rate offered is the same at 6.7%. (Reuters)