HDFC Bank Vs ICICI Bank Vs Axis Bank FD Rates: Reserve Bank of India (RBI) Governor Shaktikanta Das recently told banks that they are free to take decisions on interest rates.
RBI said that lenders may soon change the rates to attract deposits. Currently, fixed deposits (FDs) are giving interest up to 7.9 percent. If you are also planning to do FD, then this news is very useful for you. Today we are telling you about the latest interest rates of fixed deposits of India’s largest HDFC Bank, ICICI Bank and Axis Bank.
HDFC Bank vs ICICI Bank vs Axis Bank FD Rates
Currently, HDFC Bank, the country’s largest private sector lender, is offering FD rates of up to 7.9 per cent on fixed deposits of less than Rs 3 crore, depending on the age of the depositor and tenure. ICICI Bank is offering up to 7.8 per cent, while Axis Bank is offering up to 7.75 per cent. Here’s a comparison of the current fixed deposit (FD) interest rates offered by the three big banks HDFC Bank, ICICI Bank and Axis Bank on deposits of less than Rs 3 crore.
HDFC Bank latest interest rates on fixed deposits less than Rs 3 crore (per annum):
- 7 to 14 days: 3.00 per cent for general public; 3.50 per cent for senior citizens
- 15 to 29 days: 3.00 per cent for general public; 3.50 per cent for senior citizens
- 30 to 45 days: 3.50 per cent for general public; 4.00 per cent for senior citizens
- 46 to 60 days: 4.50 per cent for general public; 5.00 per cent for senior citizens
- 61 to 89 days: 4.50 per cent for general public; 5.00 per cent for senior citizens
- 90 to less than or equal to 6 months: 4.50 per cent for general public; Senior citizens – 5.00 per cent
- 6 months 1 day to less than 9 months: 5.75 per cent for general public; 6.25 per cent for senior citizens
- 9 months 1 day to less than 1 year: 6.00 per cent for general public; 6.50 per cent for senior citizens
- Less than 12 to 15 months: 6.60 per cent for general public; 7.10 per cent for senior citizens
- Less than 15 to 18 months: 7.10 per cent for general public; 7.50 per cent for senior citizens
- Less than 18 to 21 months: 7.25 per cent for general public; 7.75 per cent for senior citizens
- 21 to 22 months: 7.00 per cent for general public; 7.50 per cent for senior citizens
- 2 years 1 day to less than or equal to 2 years 11 months: 7.00 per cent for general public; 7.50 per cent for senior citizens
- 2 years 11 months to 35 months: 7.35 per cent for general public; 7.85 per cent for senior citizens
- 2 years 11 months 1 day to less than or equal to 3 years: 7.00 per cent for general public; 7.50 per cent for senior citizens
- 3 years 1 day to less than or equal to 4 years 7 months: 7.00 per cent for general public; 7.50 per cent for senior citizens
- 4 years 7 months to 55 months: 7.40 per cent for general public; 7.90 per cent for senior citizens
- 4 years 7 months 1 day to less than or equal to 5 years: 7.00 per cent for general public; 7.50 per cent for senior citizens
- 5 years 1 day to 10 years: 7.00 per cent for general public; 7.50 per cent for senior citizens.
Axis Bank FD interest rates (for deposits less than Rs 3 crore):
- 7 to 14 days: 3.00 per cent for general public; 3.50 per cent for senior citizens
- 15 to 29 days: 3.00 per cent for general public; 3.50 per cent for senior citizens
- 30 to 45 days: 3.50 per cent for general public; 4.00 per cent for senior citizens
- 46 to 60 days: 4.25 per cent for general public; 4.75 per cent for senior citizens
- 61 days to less than 3 months: 4.50 per cent for general public; 5.00 per cent for senior citizens
- 3 months to 3 months 24 days: 4.75 per cent for general public; 5.25 per cent for senior citizens
- 3 months 25 days to less than 4 months: 4.75 per cent for general public; 5.25 per cent for senior citizens
- 4 months to less than 5 months: 4.75 per cent for general public; 5.25 per cent for senior citizens
- Less than 5 to 6 months: 4.75 per cent for general public; 5.25 per cent for senior citizens
- Less than 6 to 7 months: 5.75 per cent for general public; 6.25 per cent for senior citizens
- Less than 7 to 8 months: 5.75 per cent for general public; 6.25 per cent for senior citizens
- Less than 8 to 9 months: 5.75 per cent for general public; 6.25 per cent for senior citizens
- Less than 9 to 10 months: 6.00 per cent for general public; 6.50 per cent for senior citizens
- Less than 10 to 11 months: 6.00 per cent for general public; 6.50 per cent for senior citizens
- 11 months to less than 11 months 25 days: 6.00 per cent for general public; 6.50 per cent for senior citizens
- 11 months 25 days to less than 1 year: 6.00 per cent for general public; 6.50 per cent for senior citizens
- 1 year to less than 13 months: 6.70 per cent for general public; 7.20 per cent for senior citizens
- 13 months to less than 14 months: 6.70 per cent for general public; 7.20 per cent for senior citizens
- 14 months to less than 15 months: 6.70 per cent for general public; 7.20 per cent for senior citizens
- 15 months to less than 16 months: 7.10 per cent for general public; 7.60 per cent for senior citizens
- 16 months to less than 17 months: 7.10 per cent for general public; 7.60 per cent for Senior citizens
- 17 months to less than 18 months: 7.20 per cent for general public; 7.70 per cent for Senior citizens
- 18 months to less than 2 years: 7.10 per cent for general public; 7.60 per cent for Senior citizens
- 2 years to less than 30 months: 7.10 per cent for general public; 7.60 per cent for Senior citizens
- 30 months to less than 3 years: 7.10 per cent for general public; 7.60 per cent for Senior citizens
- 3 years to less than 5 years: 7.10 per cent for general public; 7.60 per cent for Senior citizens
- 5 years to 10 years: 7.00 per cent for general public; 7.75 per cent for Senior citizens.\
ICICI Bank latest interest rates on fixed deposits less than Rs 3 crore:
- 7 to 29 days: 3.00 percent for general public; 3.50 percent for senior citizens
- 30 to 45 days: 3.50 percent for general public; 4.00 percent for senior citizens
- 46 to 60 days: 4.25 percent for general public; 4.75 percent for senior citizens
- 61 to 90 days: 4.50 percent for general public; 5.00 percent for senior citizens
- 91 to 184 days: 4.75 percent for general public; 5.25 percent for senior citizens
- 185 to 270 days: 5.75 percent for general public; 6.25 percent for senior citizens
- 271 to less than 1 year: 6.00 percent for general public; 6.50 percent for senior citizens
- Less than 1 year to 15 months: 6.70 percent for general public; 7.20 per cent for senior citizens
- Less than 15 to 18 months: 7.25 per cent for general public; 7.80 per cent for senior citizens
- 18 months to 2 years: 7.25 per cent for general public; 7.75 per cent for senior citizens
- 2 years 1 day to 5 years: 7.00 per cent for general public; 7.50 per cent for senior citizens
- 5 years 1 day to 10 years: 6.90 per cent for general public; 7.40 per cent for senior citizens
- 5 Years (Tax Saver FD): 7.00 per cent for general public; 7.50 per cent for senior citizens.