Bank FD Interest Rate: Kotak Vs DBS Bank Vs Bank of Baroda, which is paying more interest, check rates

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After increasing the repo rate of RBI, many banks increased the interest on FD. Recently Kotak Mahindra Bank, DBS Bank and Bank of Baroda have also increased their interest rates on FD.


Bank FD: The Monetary Policy Committee (MPC) of RBI has raised the repo rate rate twice in its last two review meetings and is expected to hike the rate further in the ongoing meeting this week. After increasing the repo rate of RBI, many banks increased the interest on FD. Recently Kotak Mahindra Bank, DBS Bank and Bank of Baroda have also increased their interest rates on FD. Here we are telling you about the interest available on FDs of less than Rs 2 crore of Kotak Mahindra Bank, DBS Bank and Bank of Baroda.

Interest on FDs of Kotak Mahindra Bank – Interest on FDs of less than Rs 2 crore

  • 7 days to 14 days – For general public: 2.50 percent; For Senior Citizen: 3.00 percent
  • 15 days to 30 days – For general public: 2.50 percent; For Senior Citizen: 3.00 percent
  • 31 days to 45 days – For general public: 3.00 percent; For Senior Citizen: 3.50 percent
  • 46 days to 90 days – for general public: 3.00 percent; For Senior Citizen: 3.50 percent
  • 91 days to 120 days – for general public: 3.50 percent; For Senior Citizen: 4.00 percent
  • 121 days to 179 days – For general public: 3.50 percent; For Senior Citizen: 4.00 percent
  • 180 days – for the general public: 4.75 percent; For Senior Citizen: 5.25 percent
  • 181 days to 269 days – For general public: 4.75 percent; For Senior Citizen: 5.25 percent
  • 270 days – for the general public: 4.75 percent; For Senior Citizen: 5.25 percent
  • 271 days to 363 days – For general public: 4.75 percent; For Senior Citizen: 5.25 percent
  • 364 days – for the general public: 5.25 percent; For Senior Citizen: 5.75 percent
  • 365 days to 389 days – for the general public: 5.60 percent; For Senior Citizen: 6.10 percent
  • 390 days (12 months 25 days) – for the general public: 5.75 percent; For Senior Citizen: 6.25 percent
  • 391 days to less than 23 months – For general public: 5.75 percent; For Senior Citizen: 6.25 percent
  • 23 months – for the general public: 5.75 percent; For Senior Citizen: 6.25 percent
  • 23 months 1 day to less than 2 years – For general public: 6.25 percent; For Senior Citizen: 5.75 percent
  • 2 years to less than 3 years – For general public: 5.75 percent; For Senior Citizen: 6.25 percent
  • 3 years and above but less than 4 years – For general public: 5.90 percent; For Senior Citizen: 6.40 percent
  • 4 years and above but less than 5 years – For general public: 5.90 percent; For Senior Citizen: 6.40 percent
  • 5 years and above and including 10 years – for general public: 5.90 percent; For Senior Citizen: 6.40 percent.

DBS Bank FD Rates – On Deposits Below Rs 2 Crore

  • 7 days – for the general public: 2.50 percent; For Senior Citizen: 3.00 percent
  • 8 days to 14 days – For general public: 2.75 percent; For Senior Citizen: 3.25 percent
  • 15 days to 29 days – For general public: 2.75 percent; For Senior Citizen: 3.25 percent
  • 30 days to 45 days – for general public: 2.75 percent; For Senior Citizen: 3.25 percent
  • 46 days to 60 days – for general public: 2.75 percent; For Senior Citizen: 3.25 percent
  • 61 days to 90 days – For general public: 3.00 percent; For Senior Citizen: 3.50 percent
  • 91 days to 180 days – for general public: 3.00 percent; For Senior Citizen: 3.50 percent
  • 181 days to 269 days – For general public: 4.75 percent; For Senior Citizen: 5.25 percent
  • 270 days to less than 1 year – For general public: 4.75 percent; For Senior Citizen: 5.25 percent
  • 375 days from the 1st day of the year – for the general public: 5.75 percent; For Senior Citizen: 6.25 percent
  • 376 days and less than 2 years – For general public: 6.00 percent; For Senior Citizen: 6.50 percent
  • 2 years and 6 months – For general public: 6.50 percent; For Senior Citizen: 7.00 percent
  • 2 years 6 months 1 day and below 3 years – For general public: 6.50 percent; For Senior Citizen: 7.00 percent
  • 3 years and below 4 years – For general public: 6.25 percent; For Senior Citizen: 6.75 percent
  • 4 years to less than 5 years – For general public: 6.25 percent; For Senior Citizen: 6.75 percent
  • 5 years and above – For general public: 6.25 percent; For Senior Citizen: 6.75 percent.

Bank of Baroda FD interest rate on deposits below Rs 2 crore

  • 7 days to 14 days – For general public: 3.00 percent; For Senior Citizen: 3.50 percent
  • 15 days to 45 days – For general public: 3.00 percent; For Senior Citizen: 3.50 percent
  • 46 days to 90 days – for general public: 4.00 percent; For Senior Citizen: 4.50 percent
  • 91 days to 180 days – for general public: 4.00 percent; For Senior Citizen: 4.50 percent
  • 181 days to 270 days – For general public: 4.65 percent; For Senior Citizen: 5.15 percent
  • 271 days and above and less than 1 year – For general public: 4.65 percent; For Senior Citizen: 5.15 percent
  • 1 year – for general public: 5.30 percent; For Senior Citizen: 5.80 percent
  • 1 year to more than 400 days – For general public: 5.45 percent; For Senior Citizen: 5.95 percent
  • Above 400 days and up to 2 years – For general public: 5.45 percent; For Senior Citizen: 5.95 percent
  • Above 2 years and up to 3 years – For general public: 5.50 percent; For Senior Citizen: 6.00 percent
  • Above 3 years and up to 5 years – For general public: 5.50 percent; For Senior Citizen: 6.00 percent
  • Above 5 years to 10 years – For general public: 5.50 percent; For Senior Citizen: 6.00 percent
  • Over 10 years – For general public: 5.10 percent; For Senior Citizen: 5.60 percent.