State Bank of India (SBI) has once again brought its special deposit scheme ‘Amrit Kalash Yojana’. This is a savings scheme with a tenure of 400 days (a little over 13 months). In this scheme, ordinary citizens are getting 7.10 percent interest annually. This scheme is till 30 June 2023. Like SBI, many other banks are also offering good interest rates on FD to their customers. Banks offer FDs ranging from 7 days to 10 years to customers. Let us know that HDFC Bank, ICICI Bank, Yes Bank, Canara Bank and SBI are offering interest rates on FDs to the customers.
State Bank Of India
SBI is offering 6.80% interest rate on FDs from 1 year to 2 years. Whereas, the FD rate under AMRIT KALASH is being offered at 7.10% for a period of 400 days.
HDFC bank
HDFC Bank is offering 6.60% interest rate on FDs of 1 year to less than 15 months. At the same time, it is offering 7.10% interest rate for FDs of less than 15 months to 18 months. The bank is offering the highest rate of 7.25% on FDs from 4 years 7 months to 55 months. This is a Limited Edition Bank FD.
ICICI Bank
ICICI Bank (ICICI Bank) is offering 6.70% interest rate for FDs of less than 1 year to 15 months for general citizens. The bank is offering the highest interest rate of 7.10% for FDs with tenures ranging from 15 months to less than 2 years. These rates are applicable from February 24, 2023.
Canara Bank
Canara Bank is offering the highest interest rate of 7.25% on FDs with a tenure of 444 days for general citizens. These rates are applicable from April 5, 2023.
Yes bank
Yes Bank is offering 7.50% interest rate on FDs of 1 year to less than 18 months. These rates are effective from May 2, 2023.