For instance, if an individual opens a bank fixed deposit of 3 years tenure at 6% p.a., the interest rate will remain the same till the completion of its 3 years tenure. Guaranteed Returns on InvestmentįD interest rates booked at the time of opening an Fixed Deposit account remains the same till its maturity, regardless of any changes in the banks’ FD card rates in the interim. Get Secured Credit Card with credit limit of 100% of your FDĪlso Check: How to Calculate interest on FD? Why Invest in FD? 1. is applicable on all renewals where the deposit is matured.įixed deposit interest rates as of 20 December 2023Ĭheck Corporate Fixed Deposit Interest Rates here. Kerala Transport Development Finance Corporation

Fixed Deposit Interest Rate of Foreign Banksįixed Deposit Interest Rates of Small Finance Banks Bank Nameįixed deposit rates as of 20 December 2023įD Interest Rates of Private Sector Banks Bank Nameįixed deposit rates as of 20 December 2023 FD Rates for Public Sector Banks Bank Nameīook FD with SBM Bank & Get Virtual Credit Card InstantlyĪpply Now Fixed Deposit Rates – Tax Saving FDįixed deposit rates as of 20 December 2023 FD Interest Rates of Leading Foreign Banks Bank Nameįixed deposit rates as of 20 December 2023 Company/Corporate Fixed Deposit RatesĪdditional interest rate for senior citizen (p.a.).Fixed Deposit Rates of Public Sector Banks.Fixed Deposit Interest Rates of Private Sector Banks.FD Interest Rates of Small Finance Banks.Senior citizens are usually offered an additional interest of 0.50%-0.75% p.a. for the regular depositors for tenures ranging from 7 days to 10 years.

FD interest rates of scheduled banks range from 2.50% p.a. However, Private Sector Banks like Bandhan Bank, DCB Bank, Tamilnad Mercantile Bank, RBL Bank, IDFC First Bank, IndusInd Bank, Yes Bank, SBM Bank, CSB Bank and Federal Bank offer higher FD slab rates than the fixed deposit rates offered by other Private Sector Banks. Following them are PSU Banks and large Private Sector Banks. Small Finance Banks and NBFCs offer the highest FD interest rates. These features also make fixed deposits an ideal instrument for realizing short-term financial goals and for parking emergency and post-retirement corpuses.įD Interest Rates – Check Fixed Deposit Rates in India It offers income certainty and capital protection, making it a popular investment choice, especially among new and conservative investors. Fixed deposit (FD), also referred as ‘time deposit’ or ‘term deposit’, is an investment option that allows depositors to park their idle money for a fixed period and earn fixed interest on it at regular intervals during the chosen tenure or at maturity.

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