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Home Personal Finance Banks FD Rates: FD interest rate of banks revised to 8.75%, know...

Banks FD Rates: FD interest rate of banks revised to 8.75%, know details

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FD Interest Rates: Among HDFC Bank, SBI and ICICI Bank, this bank is giving the highest interest on FD.

All Banks FD Rates New Revised: Axis Bank, the leading private sector bank, has changed the domestic FD interest rates. According to the official website of Axis Bank, the new rates are effective from October 1, 2022.


After the increase in the repo rate by 50 basis points by the Reserve Bank, now the new repo rate has become 5.90 percent. Due to this, banks have increased the interest rates on their FDs.

3.25% interest will be available on 30 days FD

Axis Bank is now offering FDs maturing in 15 months with a maximum interest rate of 6.15 percent for general public and 6.90 percent for senior citizens. As per the new FD rates, Axis Bank is now offering an interest rate of 2.75 percent on FDs maturing in 7 days to 29 days and 3.25 percent on FDs maturing in 30 days.

These will be the new interest rates on FD

New rates of interest on FD: Axis Bank’s FD maturing in 3 to 6 months will now get interest at the rate of 3.75 percent. At the same time, interest will be given at the rate of 4.65 percent on FDs maturing in 6 to 9 months. Similarly, interest will be 4.75 percent for 9 months to 1 year, 5.45 percent on FDs of 1 year to 1 year 11 days and 5.60 percent on FDs maturing in 15 months.

Axis Bank is now offering a maximum interest rate of 6.15 percent on FDs with a tenor of 15 months to 2 years, while on FDs maturing in the next 2 to 5 years, the bank is now offering an interest rate of 5.70 percent. Is. Axis Bank is currently offering an interest rate of 5.75 per cent for tenures between 5 and 10 years.

OCTOBER 2022 New Revised ALL BANKS FD Rates

Fixed Deposit Tenure Banks Interest Rate (FD Rates) Senior Citizen Rates
Shriram Finance FD 4 Year 8.25 % 8.75 %
Tamil Nadu Power
Finance FD
4 Year 8 % 8.5 %
Utkarsh Small Finance
Bank FD
1 Year 7.5 % 8.25 %
Fincare Small Finance
Bank FD
2 Year 7.5 % 8 %
Ujjivan Small Finance
Bank FD
1 Year 7.5 % 8.25 %
Suryoday Small Finance
Bank FD
2 Year 7.49 % 7.99 %
Bajaj Finance Ltd FD 3 Year 7.4 % 7.65 %
Jana Small Finance
Bank FD
3 Year 7.35 % 8.15 %
PNB HFL FD 5 Year 7.3 % 7.55 %
ESF Bank FD 2 Year 7 % 7.5 %
Bandhan Bank FD 1 Year 7 % 7.5 %
RBL Bank FD 1 Year 7 % 7.5 %
LIC Housing
Finance FD
3 Year 6.95 % 7.2 %
Yes Bank FD 3 Year 6.75 % 7.5 %
Industry India Bank FD 3 Year 6.75 % 7.5 %
Capital Small Finance
Bank FD
1 Year 6.6 % 7.1 %
Jammu And Kashmir Grameen Bank FD 1 Year 6.25 % 6.75 %
Jammu & Kashmir Bank FD 1 Year 6.25 % 6.75 %
Chaitanya Godavari Grameen Bank FD 1 Year 6.2 % 6.7 %
Karnataka Bank FD 1 Year 6.2 % 6.6 %

 

FD Rates for Senior Citizens

FD rates for senior citizens: Axis Bank is offering interest between 4.90 percent to 6.50 percent for senior citizens on FDs maturing in 6 months to 10 years. Along with this, the benefit of additional interest rate is also being given to senior citizens. Axis Bank will offer a maximum interest rate of 6.90% to senior citizens on FDs maturing between 15 months to 2 years.

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