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FD Rates: These 5 banks have increased interest on FD, new rates fixed, customers will get excellent returns

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FD Rates: The private and public sector banks of the country have increased the interest on FDs. After the Reserve Bank increased the repo rate in February, most of the banks have increased the interest on FDs. The names of HDFC Bank, ICICI Bank, SBI, Axis Bank are included in this count. Most all banks are offering FDs ranging from 7 days to 10 years


FD Rates: Private and public sector banks of the country have increased the interest on FDs. After the Reserve Bank increased the repo rate in February, most of the banks have increased the interest on FDs. The names of HDFC Bank, ICICI Bank, SBI, Axis Bank are included in this count. Most all banks are offering FDs ranging from 7 days to 10 years. The bank is offering interest ranging from 3% to 7.10% to the general public and 3.50% to 8% to senior citizens. Let us know which bank is offering more interest.

HDFC Bank FD Rates

  • 7 days to 14 days: For general public – 3.00 per cent; For Senior Citizen – 3.50 percent
  • 15 days to 29 days: For general public – 3.00 per cent; For Senior Citizen – 3.50 percent
  • 30 days to 45 days: For general public – 3.50 per cent; For Senior Citizen – 4.00 percent
  • 46 days to 60 days: For general public – 4.50 per cent; For Senior Citizen – 5.00 percent
  • 61 days to 89 days: For general public – 4.50 per cent; For Senior Citizen – 5.00 percent
  • Less than 90 days equal to 6 months: For general public – 4.50 per cent; For Senior Citizen – 5.00 percent
  • 6 months 1 day to less than 9 months: For general public – 5.75 per cent; For Senior Citizen – 6.25 percent
  • 9 months 1 day to less than 1 year: For general public – 6.00 per cent; For Senior Citizen – 6.50 percent
  • 1 year to less than 15 months: For general public – 6.60 per cent; For Senior Citizen – 7.10 percent
  • 15 months to less than 18 months: For general public – 7.10 per cent; For Senior Citizen – 7.60 percent
  • 18 months 1 day to less than 21 months: For general public – 7.00 per cent; For Senior Citizen – 7.50 percent
  • 21 months to 2 years: For general public – 7.00 per cent; For Senior Citizen – 7.50 percent
  • 2 years 1 day to 3 years: For general public – 7.00 per cent; For Senior Citizen – 7.50 percent
  • 3 years 1 day to 5 years: For general public – 7.00 per cent; For Senior Citizen – 7.50 percent
  • 5 years 1 day to 10 years: For general public – 7.00 per cent; For Senior Citizen – 7.75 percent.

ICICI Bank’s interest on FD – is applicable from 24 February 2023

  • 7 days to 14 days: For general public – 3.00 per cent; For Senior Citizen – 3.50 percent
  • 15 days to 29 days: For general public – 3.00 per cent; For Senior Citizen – 3.50 percent
  • 30 days to 45 days: For general public – 3.50 per cent; For Senior Citizen – 4.00 percent
  • 46 days to 60 days: For general public – 4.25 per cent; For senior citizens – 4.75 percent
  • 61 days to 90 days: For general public – 4.50 per cent; For Senior Citizen – 5.00 percent
  • 91 days to 120 days: For general public – 4.75 per cent; For senior citizens – 5.25 percent
  • 121 days to 150 days: For general public – 4.75 per cent; For senior citizens – 5.25 percent
  • 151 days to 184 days: For general public – 4.75 per cent; For senior citizens – 5.25 percent
  • 185 days to 210 days: For general public – 5.75 per cent; For Senior Citizen – 6.25 percent
  • 211 days to 270 days: For general public – 5.75 per cent; For Senior Citizen – 6.25 percent
  • 271 days to 289 days: For general public – 6.00 per cent; For Senior Citizen – 6.50 percent
  • 290 days to less than 1 year: For general public – 6.00 per cent; For Senior Citizen – 6.50 percent
  • 1 year to 389 days: For general public – 6.70 per cent; For Senior Citizen – 7.20 percent
  • 390 days to less than 15 months: For general public – 6.70 per cent; For Senior Citizen – 7.20 percent
  • 15 months to less than 18 months: For general public – 7.10 per cent; For Senior Citizen – 7.60 percent
  • 18 months to 2 years: For general public – 7.10 per cent; For Senior Citizen – 7.60 percent
  • 2 years 1 day to 3 years: For general public – 7.00 per cent; For Senior Citizen – 7.50 percent
  • 3 years 1 day to 5 years: For general public – 7.00 per cent; For Senior Citizen – 7.50 percent
  • 5 years 1 day to 10 years: For general public – 6.90 per cent; For Senior Citizen – 7.50 percent.

Axis Bank interest on FD – applicable from March 10, 2023

  • 7 days to 14 days: 3.50 per cent for general public; 3.50 percent for senior citizens
  • 15 days to 29 days: 3.50 per cent for general public; 3.50 percent for senior citizens
  • 30 days to 45 days: 3.50 per cent for general public; 3.50 percent for senior citizens
  • 46 days to 60 days: 4.00 per cent for general public; 4.00 percent for senior citizens
  • 61 days to less than 3 months: 4.50 per cent for general public; 4.50 percent for senior citizens
  • 3 months to less than 4 months: 4.75 per cent for general public; 4.75 percent for senior citizens
  • 4 months to less than 5 months: 4.75 per cent for general public; 4.75 percent for senior citizens
  • 5 months to less than 6 months: 4.75 per cent for general public; 4.75 percent for senior citizens
  • 6 months to less than 7 months: 5.75 per cent for general public; 6.00 percent for senior citizens
  • 7 months to less than 8 months: 5.75 per cent for general public; 6.00 percent for senior citizens
  • 8 months to less than 9 months: 5.75 per cent for general public; 6.00 percent for senior citizens
  • 9 months to less than 10 months: 6.00 per cent for general public; 6.25 percent for senior citizens
  • 10 months to less than 11 months: 6.00 per cent for general public; 6.25 percent for senior citizens
  • 11 months to less than 11 months 25 days: 6.00 per cent for general public; 6.25 percent for senior citizens
  • 11 months 25 days to less than 1 year: 6.00 per cent for general public; 6.25 percent for senior citizens
  • 1 year to less than 1 year 4 days: 6.75 per cent for general public; 7.50 percent for senior citizens
  • 1 year 5 days to less than 1 year 11 days: 6.75 per cent for general public; 7.50 percent for senior citizens
  • 1 year 11 days to less than 1 year 24 days: 6.75 per cent for general public; 7.50 percent for senior citizens
  • 1 year 25 days to less than 13 months: 7.10 per cent for general public; 7.85 percent for senior citizens
  • 13 months to less than 14 months: 7.15 per cent for general public; 7.90 percent for senior citizens
  • 14 months to less than 15 months: 7.15 per cent for general public; 7.90 percent for senior citizens
  • 15 months to less than 16 months: 7.15 per cent for general public; 7.90 percent for senior citizens
  • 16 months to less than 17 months: 7.15 per cent for general public; 7.90 percent for senior citizens
  • 17 months to less than 18 months: 7.15 percent for general public; 7.90 percent for senior citizens
  • 18 months to less than 2 years: 7.15 per cent for general public; 7.90 percent for senior citizens
  • 2 years to less than 30 months: 7.26 per cent for general public; 8.01 percent for senior citizens
  • 30 months to less than 3 years: 7.00 per cent for general public; 7.75 percent for senior citizens
  • 3 years to less than 5 years: 7.00 per cent for general public; 7.75 percent for senior citizens
  • 5 years to 10 years: 7.00 per cent for general public; 7.75 percent for senior citizens.

Interest rates on SBI FD

  • 7 days to 45 days – 3%
  • 46 days to 179 days – 4.5%
  • 180 days to 210 days – 5.25%
  • 211 days to less than 1 year – 5.75%
  • 1 year to less than 2 years – 6.8%
  • 400 days (Amrit Kalash FD Scheme) -7.10%
  • 2 years to less than 3 years – 7.00%
  • 3 years to less than 5 years – 6.5%
  • 5 years and up to 10 years – 6.5%

New rates on Kotak Bank’s FD

  • 7 days to 14 days – For general public: 2.75 per cent; For Senior Citizen: 3.25 percent
  • 15 days to 30 days – For general public: 3.00 per cent; For Senior Citizen: 3.50 percent
  • 31 days to 45 days – For general public: 3.25 per cent; For Senior Citizen: 3.75 percent
  • 46 days to 90 days – For general public: 3.50 per cent; For Senior Citizen: 4.00 percent
  • 91 days to 120 days – For general public: 4.00 per cent; For Senior Citizen: 4.50 percent
  • 121 days to 179 days – For general public: 4.25 per cent; For Senior Citizen: 4.75 percent
  • 180 days – For general public: 6.50 per cent; For Senior Citizen: 7.00 percent
  • 181 days to 269 days – For the general public: 6 percent; For Senior Citizen: 6.50 percent
  • 270 days – For general public: 6 percent; For Senior Citizen: 6.50 percent
  • 271 days to 363 days – For general public: 6 percent; For Senior Citizen: 6.50 percent
  • 364 days – For general public: 6.25 per cent; For Senior Citizen: 6.75 percent
  • 365 days to 389 days – For general public: 7 percent; For Senior Citizen: 7.50 percent
  • 390 days (12 months 25 days) – For general public: 7.20 per cent; For Senior Citizen: 7.50 percent
  • 391 days to less than 23 months – For general public: 7.20 per cent; For Senior Citizen: 7.70 percent
  • 23 months – For general public: 7.20 per cent; For Senior Citizen: 7.70 percent
  • 23 months 1 day to less than 2 years – For general public: 7.20 per cent; For Senior Citizen: 7.70 percent
  • 2 years to less than 3 years – For general public: 7 percent; For Senior Citizen: 7.50 percent
  • 3 years and above but less than 4 years – For general public: 6.50 per cent; For Senior Citizen: 7 percent
  • 4 years and above but less than 5 years – For general public: 6.25 per cent; For Senior Citizen: 6.75 percent
  • 5 years and above and up to and including 10 years – For general public: 6.20 per cent; For Senior Citizen: 6.70 percent.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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