FD interest rate up to 8.75%: These 4 banks have revised fixed deposit rates with effect from July 1 Note that some banks have updated the date and rates remain the same. Check which bank offers the highest interest rates after the revision
Many banks have revised their fixed deposit interest rates effective July 1, 2024 for amounts below Rs 3 crore. Note that some banks have updated the date and rates remain the same. Check which bank offers the highest interest rates after the revision.#sr_widget.onDemand p, #stock_pro.onDemand p{font-size: 14px;line-height: 1.28;} .onDemand .live_stock{left:17px;padding:1px 3px 1px 5px;font-size:12px;font-weight:600;line-height:18px;top:9px} #sr_widget.onDemand .sr_desc{margin:0 auto 0;} #sr_widget.onDemand .sr_desc{color: #024d99;margin-top:10px;} #sr_widget.onDemand .crypto .live_stock .lb-icon{8px 6px 5px 3px !important} #sr_widget.crypto.onDemand a.text{border-bottom:1px solid #ccc;padding-bottom:5px;display:block;width:100%} #sr_widget.onDemand .sr_desc .text p, #stock_pro.onDemand .sr_desc .text p{font-size:12px;font-weight:400;} This bank revises savings account interest rates; now earn up to 7.75% interest rate
Axis Bank fixed deposit rates
Axis Bank has revised its fixed deposit (FD) interest rates with effect from July 1, 2024, according to the bank's website. The revised FD rates are applicable for FDs of up to Rs 3 crore. The bank offers the highest interest rate of 7.75% for senior citizens on tenure between 5 years to 10 years. For individuals, the highest interest rate on FDs can go up to 7.2% on tenure between 17 months to less than 18 months.Ujjivan Small Finance Bank fixed deposit rates
Ujjivan Small Finance Bank has revised its fixed deposit (FD) interest rates with effect from July 1, 2024, according to the bank's website. The revised FD rates are applicable for FDs of up to Rs 3 crore. The bank offers the highest interest rate of 8.75% for senior citizens on tenure of 12 months. For individuals, the highest interest rate on FDs can go up 8.25% on tenure of 12 months.TenureInterest Rate (p.a.) (Under ₹ 3 Crores)7 days to 29 days3.75%30 days to 89 days4.25%90 days to 179 days4.75%6 months to 7.00%12 months8.25%12 months 1day to 560 days(80 weeks)8.00%561 days to 990 days7.75%991 days to 60 months7.20%60 months 1 day to 120 months6.50%Additional Interest Rate for Senior Citizens0.50%
ICICI Bank fixed deposit rates
ICICI Bank has revised its fixed deposit (FD) interest rates with effect from July 1, 2024, according to the bank's website. The revised FD rates are applicable for FDs of up to Rs 3 crore. The bank offers the highest interest rate of 7.75% for senior citizens on tenure between 15 months to less than18 Months. For individuals, the highest interest rate on FDs can go up to 7.2% on tenure between 15 months to 2 years.Tenure With Premature Withdrawal General CitizenSenior Citizen7 to 14 Days3.00%3.50%15 to 29 Days3.00%3.50%30 to 45 Days3.50%4.00%46 to 60 Days4.25%4.75%61 to 90 Days4.50%5.00%91 to 120 Days4.75%5.25%121 to 150 Days4.75%5.25%151 to 184 Days4.75%5.25%185 to 210 Days5.75%6.25%211 to 240 Days5.75%6.25%241 to 270 Days5.75%6.25%271 Days to 300 Days6.00%6.50%301 Days to 330 Days6.00%6.50%331 Days to 6.00%6.50%1 Year to 389 Days6.70%7.20%390 Days to 6.70%7.20%15 Months to 7.20%7.75%18 Months to 2 Years7.20%7.70%2 Years 1 Day to 3 Years7.00%7.50%3 Years 1 Day to 5 Years7.00%7.50%5 Years 1 Day to 7 Years6.90%7.40%7 Years 1 Day to 10 Years6.90%7.40%5Y (Tax Saver FD)7.00%7.50% OPEN FIXED DEPOSIT
Punjab and Sindh Bank fixed deposit rates
Punjab and Sindh Bank has revised its fixed deposit (FD) interest rates with effect from July 1, 2024, according to the bank's website. The revised FD rates are applicable for FDs of up to Rs 3 crore. The bank offers the highest interest rate of 7.80% for senior citizens on of 666 days. For individuals, the highest interest rate on FDs can go up to 7.3% on the same tenure.Revised w.e.f. 01/07/2024 (% p.a.)MaturityFixed DepositLess than Rs.3 Cr7 - 14 Days2.80(#)15 - 30 Days2.831 - 45 Days346 - 90 Days4.2591 - 120 Days4.25121-150 Days4.75151 - 179 Days4.75180 – 221 Days5.25222 Days6.30($)223 – 269 Days5.25270 – 332 Days5.5333 Days7.15($)334-5.51 Year6.3>1 Years - 443 Days6444 Days7.25($)445 Days - 665 Days6666 days7.3667 Days-2 years6Above 2 years6.3999 days6.651000 Days 6.33 years - 5 years6>5 years - 10 years6.25
FD interest rate up to 7.95%: Punjab and Sind Bank extends last date of this special FD with higher interest rate
Bank of India fixed deposit rates
Bank of India has revised its fixed deposit (FD) interest rates with effect from June 30, 2024, according to the bank's website. The revised FD rates are applicable for FDs of up to Rs 3 crore. The bank offers the highest interest rate of 7.80% for senior citizens on tenure of 666 days. For individuals, the highest interest rate on FDs can go up to 7.3% on the same tenure.MATURITY (FOR NRE RUPEE TERM DEPOSITS,FOR DEPOSITS OF LESS THAN RS.3 CRMIN. TENOR IS 1 YEAR AND MAX. 10 YEARS)REVISED W.E.F 30.06.20247 days to 14 days315 days to 30 days331 days to 45 days346 days to 90 days4.591 days to 179 days4.5180 days to 210 days5.5211 days to 269 days5.5270 days to less than 1 year5.751 Year6.8Above 1 Year to less than 2 Years (except 666 Days)6.8666 Days7.32 Years6.8Above 2 Years to less than 3 Years6.753 Years to less than 5 Years6.55 Years to less than 8 Years68 years & above to 10 Years6Source: Bank of India website
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This story originally appeared on: India Times - Author:Faqs of Insurances
