SBI, BoB, Canara Bank and others FD rates: Know what these banks are providing to general citizens on fixed deposits

Interest rate on FD

Competitive bank fixed deposit interest rates allow depositors get a fair return on investment over a certain period of time. 

Single deposit scheme: FD

The fixed deposit scheme requires the depositor to make a single deposit upon opening the account. The interest rates given vary depending on the bank, deposit amount, and tenure chosen.

Which bank gives highest interest rate on FD?

Canara Bank offers the highest interest rate on 444 days FD. 

SBI, BoB, Canara Bank, HDFC Bank, ICICI Bank and Axis Bank FD interest rates

A look at top banks like SBI, BoB, Canara Bank, HDFC Bank, ICICI Bank and Axis Bank FD interest rates which they provide to general citizens currently on one year, three years and five years FDs.

SBI FD: 1yr-3yr-5yr FD interest rates

SBI provides 6.80 per cent interest on one year FD, 6.75 per cent on three year FD, and 6.50 per cent interest on five-year FD scheme.

BoB FD: Interest rate for general citizens

The bank provides a 6.85 per cent interest rate on one year FD while 7.15 per cent in three years and 6.50 per cent on five-year FD schemes respectively.

ICICI Bank FD: 1yr-3yr-5yr FD interest rates

ICICI Bank offers a 6.70 per cent interest rate on one year FD plan while 7 per cent each in three-year and five-year FD plans.

Canara Bank FD: 1yr-3yr-5yr FD interest rates

This bank gives 6.85 per cent interest on a year FD, 6.80 per cent on three years FD, and 6.70 per cent on 5 years FD scheme.

HDFC Bank FD: 1yr-3yr-5yr FD interest rates

HDFC Bank offers a 6.60 per cent interest rate on one year FD plan while 7 per cent each in three-year and five-year FD plans.

Axis Bank FD: 1yr-3yr-5yr FD interest rates

For general citizens, Axis Bank provides 6.70 per cent interest rate on one-year FD while 7.10 per cent for three years and 7 per cent on five-year FD schemes respectively.