Revised Fixed Deposit Rates for BOI, Punjab & Sindh, Axis, ICICI banks effective July 2024

Punjab and Sindh Bank has revised its FD rates for deposits up to Rs 3 crore. Senior citizens can now earn the highest FD rate of 7.8 percent for a tenure of 666 days, while other depositors are offered a maximum interest rate of 7.3 percent for the same term. Check the revised FD rates for  BOI, Punjab and Sindh, Axis, Ujjivan Small Finance, ICICI Bank.

ZeeBiz WebTeam | Jul 02, 2024, 04:05 PM IST

Effective from July 1, 2024, Punjab and Sindh Bank has updated its FD rates for amounts up to Rs 3 crore. Senior citizens can earn the highest FD rate of 7.8 percent for a term of 666 days, while other depositors are offered a maximum interest rate of 7.3 percent for the same period. Check the revised FD rates for  BOI, Punjab and Sindh, Axis, Ujjivan Small Finance, ICICI Bank.

 

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Axis Bank FD Rate

Axis Bank FD Rate

As per Axis Bank’s website, the revised FD rates are effective from July 1, 2024. Senior citizens are offered the highest interest rate of 7.75 percent on FDs ranging from 5 to 10 years. For other customers, the highest rate of 7.2 percent applies to FDs with a term of 17 to 18 months.

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Ujjivan Small Finance Bank FD Rate

Ujjivan Small Finance Bank FD Rate

Ujjivan Small Finance Bank has adjusted its FD rates for amounts up to Rs 3 crore starting July 1, 2024. Senior citizens receive the highest interest rate of 8.75 percent on 12-month FDs, whereas other depositors are offered 8.25 percent for the same term.

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ICICI Bank FD Rate

ICICI Bank FD Rate

ICICI Bank's revised FD rates took effect on June 29, 2024, for deposits up to Rs 3 crore. Customers can earn a maximum interest rate of 7.2 percent on FDs with terms from 15 months to 2 years. Senior citizens are offered a higher rate of 7.75 percent for terms from 15 months to less than 18 months.

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Punjab & Sind Bank FD Rate

Punjab & Sind Bank FD Rate

Effective from July 1, 2024, Punjab & Sind Bank has updated its FD rates for amounts up to Rs 3 crore. Senior citizens are given the highest FD rate of 7.8 percent for a period of 666 days, while other depositors receive the highest interest rate of 7.3 percent for the same term.

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Bank of India FD Rate

Bank of India FD Rate

Starting June 30, 2024, Bank of India offers senior citizens the highest interest rate of 7.8 percent for a period of 666 days. Other depositors are provided with an interest rate of 7.3 percent for the same duration.

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