Latest FD Rates: See what SBI, PNB, Canara Bank, HDFC Bank, and ICICI Bank are providing in their 1-, 3-and 5-year fixed deposits
General citizen FD rates: State Bank of India (SBI) provides 7.25 per cent interest on 444 days - Amrit Vrishti FD scheme while the bank gives 6.80 per cent, 6.75 per cent and 6.50 per cent interest rates on 1-year, 3-year and 5-year FDs.
FD, or fixed deposit, is a type of investment in which a person invests a lumpsum amount for a fixed time to earn interest on that. FDs are also called term deposits (TDs).
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Returns on FD
You get the principal amount plus compound interest on maturity.
FD tenure
You can fix your investment from minimum seven days to around 10 years.
Can you withdraw money before maturity?
If you want to withdraw money from a FD, then you will have to pay a penalty.
Types of FDs
Standard, tax savings, special, corporate, regular, senior citizen, and flexi FDs.
Flexibility
In FDs, you can choose the investment period as your own. It can be from seven days to 10 years.
Easy to open
FD can easily be opened in any bank without having a bank account.
What does SBI give to general citizens on FD?
State Bank of India (SBI) provides 7.25 per cent interest on 444 days - Amrit Vrishti FD scheme while the bank gives 6.80 per cent, 6.75 per cent and 6.50 per cent interest rates on 1-year, 3-year and 5-year FDs.
PNB FD interest rates for general citizens
PNB provides 7.25 per cent interest on 400 days FD scheme while the bank gives 6.80 per cent, 7 per cent and 6.50 per cent interest rates on 1-year, 3-year and 5-year FDs.
Canara Bank FD interest rates for general citizens
Canara Bank provides 7.25 per cent interest on 444 days FD scheme while the bank gives 6.85 per cent, 6.80 per cent and 6.70 per cent interest rates on 1-year, 3-year and 5-year FDs.
BoB FD interest rates for general citizens
Bank of Baroda provides 7.30 per cent interest on 400 days FD scheme while the bank gives 6.85 per cent, 7.15 per cent and 6.80 per cent interest rates on 1-year, 3-year and 5-year FDs.
HDFC FD interest rates for general citizens
HDFC provides 7.40 per cent interest on 4 Year 7 Months (55 months) FD scheme while the bank gives 6.60 per cent, 7 per cent and 7 per cent interest rates on 1-year, 3-year and 5-year FDs.
ICICI FD interest rates for general citizens
ICICI provides 7.25 per cent interest on 15 months to 2 years FD scheme while the bank gives 6.70 per cent, 7 per cent and 7 per cent interest rates on 1-year, 3-year and 5-year FDs.