INSUBCONTINENT EXCLUSIVE:
Top banks in the country provide returns up to 6.3% on fixed deposits at presentTop commercial banks in the country currently provide
interest rates up to 6.30 per annum on fixed deposits, which come in a variety of terms starting from seven days and going to as high as 10
The country's largest bank by market value, HDFC Bank, for example, provides interest rates to the tune of 2.50-5.50 per cent to the general
public, and a higher 3-6.25 per cent to senior citizens, according to its website
(: Compare Post Office Fixed/Recurring Deposit Interest Rates)HDFC Bank Maturity periodInterest rate with effect from July 21PublicSenior
citizenSeven days to 14 days2.50%3.00%15 days to 29 days2.50%3.00%30 days to 45 days3.00%3.50%46 days to 60 days3.00%3.50%61 days to 90
days3.00%3.50%91 days to six months4.00%4.50%Six months one day to nine months4.40%4.90%Nine months one day to less than one
year4.50%5.00%One year5.10%5.60%One year one day to two years5.10%5.60%Two years one day to three years5.20%5.70%Three years one day to five
years5.35%5.85%Five years one day to 10 years5.50%6.25%(Source: hdfcbank.com)Kotak Mahindra Bank Maturity periodInterest rate with effect
from June 22Seven to 14 days2.75%15 to 30 days3%31 to 45 days3%46 to 90 days3.50%91 to 120 days4.10%121 to 179 days4.10%180 days4.50%181 to
269 days4.75%270 days4.75%271 to 363 days4.75%364 days4.75%365 to 389 days5.15%390 days (12 months and 25 days)5.25%391 days to less than 23
months5.25%23 months5.25%23 months and one day to less than two years5.15%Two years to less than three years4.90%Three years and above but
less than four years4.90%Four years and above but less than five years4.75%Five years and above up to 10 years4.50%(Source: kotak.com)ICICI
Bank Maturity periodInterest rate with effect from June 16PublicSenior citizenSeven to 14 days2.75%3.25%15 to 29 days3.00%3.50%30 to 45
days3.25%3.75%46 to 60 days3.50%4.00%61 to 90 days3.50%4.00%91 to 120 days4.10%4.60%121 to 184 days4.10%4.60%185 to 210 days4.50%5.00%211 to
270 days4.50%5.00%271 to 289 days4.50%5.00%290 days to less than one year 4.75%5.25%One year to 389 days5.15%5.65%390 days to less than 18
months5.15%5.65%18 months and one day to two years5.35%5.85%Two years and one day to three years5.35%5.85%Three years and one day to five
years5.50%6%Five years and one day to 10 years5.50%6.30%Five years tax-saver FD (maximum Rs 1.50 lakh)5.50%6%(Source: icicibank.com)State
Bank Of India Maturity periodInterest rate with effect from May 27PublicSenior citizenSeven days to 45 days2.9%3.4%46 days to 179
days3.9%4.4%180 days to 210 days4.4%4.9%211 days to less than one year4.4%4.9%One year to less than two years5.1%5.6%Two years to less than
three years5.1%5.6%Three years to less than five years5.3%5.8%Five years and up to 10 years5.4%6.2%(Source: sbi.co.in)Punjab National
Bank Maturity periodInterest rate with effect from July 1PublicSenior citizenSeven days to 14 days3.00%3.75%15 days to 29 days3.00%3.75%30
days to 45 days3.00%3.75%46 days to 90 days3.25%4%91 days to 179 days4.00%4.75%180 days to 270 days4.40%5.15%271 days to less than one
year4.50%5.25%333 days4.50%5.25%One year5.25%6%444 days5.25%6%555 days5.25%6%Above one year and up to two years5.25%6%Above two years and up
to three years5.25%6%Above three years and up to five years5.30%6.15%Above five years and up to 10 years5.30%6.15%(Source: pnbindia.in)IDBI
Bank Maturity periodInterest rate with effect from July 1PublicSenior citizenSeven days to 14 days3.00%3.75%15 to 30 days3.00%3.75%31 to 45
days3.00%3.75%46 to 60 days3.25%4%61 to 90 days4.00%4.75%91 to six months4.40%5.15%Six months and one day to 270 days4.50%5.25%271 days to
less than one year4.50%5.25%One year5.25%6%More than one year to two years5.25%6%More than two years to less than three years5.25%6%Three
years to less than five years5.25%6%Five years5.25%6%More than five years to seven years5.30%6.15%More than seven years to 10
years 5.30%6.15%(Source: idbibank.in)Meanwhile, small finance banks often pay higher fixed deposits compared to their larger counterparts.
