With the increase in the repo rate, the interest rates on FDs of banks have also increased significantly. Many big banks are offering interest rates up to 8 per cent. Let’s know.
Bumper interest on FD of these banks
There is 7% interest rate on FDs with a tenure of 2 years to less than 3 years. For senior citizens, this rate is 7.50 per cent.
Interest rate on ICICI Bank FD
ICICI Bank is offering 7.1 per cent interest rate on FDs between 15 months and 2 years. For senior citizens, this rate is 7.6 per cent.
Interest rate on HDFC Bank FD
FDs between 15 months and 18 months have an interest rate of 7.10%. For senior citizens, this rate is 7.60 percent.
SBI’s interest rate on FD
There is 7% interest rate on FDs with a tenure of 2 years to less than 3 years. For senior citizens, this rate is 7.50 per cent.
Interest Rate on Kotak Mahindra Bank FD
Kotak Mahindra Bank is offering 7.2% interest rate on FDs of 390 days and less than 2 years. For senior citizens, this rate is 7.70 percent.
Yes Bank FD interest rate
Yes Bank is offering 7.5 per cent interest rate on FDs between 15 months and 36 months. For senior citizens, this rate is 8 percent.
Interest rate on Axis Bank FD
Axis Bank is offering 3.50% to 7.20% interest on FD. For senior citizens, this rate is 3.50-7.95%.