SBI vs HDFC Bank: The country’s two largest banks SBI and HDFC Bank are offering best returns on FD to the customers. Government bank SBI has increased the interest on FD of crores of its customers in the new year. SBI has increased the interest on Fixed Deposit after 10 months.
SBI vs HDFC Bank: The country’s two largest banks SBI and HDFC Bank are offering best returns on FD to the customers. Government bank SBI has increased the interest on FD of crores of its customers in the new year. SBI has increased the interest on Fixed Deposit after 10 months. SBI is giving maximum interest of 7.50 percent. At the same time, HDFC Bank is offering 7.75 percent interest to its customers.
State Bank of India (SBI) FD Rates
- 7 days to 45 days: For general public – 3.50 percent; For senior citizens – 4 percent
- 46 days to 179 days: For general public – 4.75 percent; For senior citizens – 5.25 percent
- 180 days to 210 days: For general public – 5.75 percent; For senior citizens – 6.25 percent
- 211 days to less than 1 year: For general public – 6 percent; For senior citizens – 6.50 percent
- 1 year to less than 2 years: For general public – 6.80 percent; For senior citizens – 7.30 percent
- 2 years to less than 3 years: For general public – 7.00 percent; For senior citizens – 7.50 percent
- 3 years to less than 5 years: For general public – 6.75 percent; For senior citizens – 7.25 percent
- From 5 years to 10 years: For general public – 6.50 percent; For senior citizens – 7.50 percent.
- (Under SBI WeCare FD, senior citizens get an extra interest of 0.50 percent on FD of 5 to 10 years.)
Interest rates on normal FD less than Rs 2 crore in HDFC Bank
- 7 days to 14 days: For general public – 3.00 percent; For senior citizens – 3.50 percent
- 15 days to 29 days: For general public – 3.00 percent; For senior citizens – 3.50 percent
- 30 days to 45 days: For general public – 3.50 percent; For senior citizens – 4.00 percent
- 46 days to 60 days: For general public – 4.50 percent; For senior citizens – 5.00 percent
- 61 days to 89 days: For general public – 4.50 percent; For senior citizens – 5.00 percent
- 90 days to 6 months: For general public – 4.50 percent; For senior citizens – 5.00 percent
- 6 months 1 day to less than 9 months: For general public – 5.75 percent; For senior citizens – 6.25 percent
- 9 months 1 day to less than 1 year: For general public – 6.00 percent; For senior citizens – 6.50 percent
- 1 year to less than 15 months: For general public – 6.60 percent; For senior citizens – 7.10 percent
- 15 months to less than 18 months: For general public – 7.10 percent; For senior citizens – 7.50 percent
- 18 months 1 day to less than 21 months: For general public – 7.00 percent; For senior citizens – 7.50 percent
- 21 months to 2 years: For general public – 7.00 percent; For senior citizens – 7.50 percent
- 2 years 1 day to less than 2 years 11 months: For General Public – 7.00 per cent; For senior citizens – 7.50 percent
- 2 years 11 months to 35 months: For general public – 7.00 percent; For senior citizens – 7.50 percent
- 2 years 11 months 1 day to 4 years 7 months: For general public – 7.00 percent; For senior citizens – 7.50 percent
- 4 years 7 months 1 day Less than or equal to 5 years: For general public – 7.00 percent; For senior citizens – 7.50 percent
- 5 years 1 day to 10 years: For General Public – 7.00 per cent; For senior citizens – 7.50 percent.
