Get up to 8.5% FD rate: SBI vs HDFC Bank vs ICICI Bank vs Canara Bank vs PNB; Latest fixed deposit interest rates in July 2024
Many big banks, including HDFC Bank, ICICI Bank, Canara Bank, and Yes Bank, have revised their fixed deposit interest rates in the last few weeks. Here is a comparison of SBI, HDFC Bank, ICICI Bank, Canara Bank, PNB, and Yes Bank FD interest rates in July 2024.#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;} Last date to invest in this PSU bank’s special FD with up to 8% interest rate has been extended
SBI FD interest rates
SBI offers an interest rate between 3.50% - 7.10% for general citizens and 4% to 7.60% for senior citizens. According to the SBI website, “The specific tenor scheme of “400 days” (Amrit Kalash) at Rate of Interest of 7.10 % w.e.f. 12- April- 2023. Senior Citizens are eligible for rate of interest of 7.60%. The Scheme will be valid till 30-September-2024. The revised rates are effective from June 15, 2024.General PublicSenior CitizenTenorsRevised Rates for Public w.e.f. 15/06/2024Revised Rates for Senior Citizen w.e.f. 15/06/20247 days to 45 days3.5446 days to 179 days5.56180 days to 210 days6.256.75211 days to less than 1 year6.571 Year to less than 2 years6.87.32 years to less than 3 years77.53 years to less than 5 years6.757.255 years and up to 10 years6.57.50*
Also read: FD interest rate up to 8.75%: These 5 banks have revised fixed deposit rates with effect from July 1
ICICI Bank FD interest rates
ICICI Bank offers an interest rate between 3% to 7.20% for regular citizens and 3.50% to 7.75% for senior citizens. The highest interest rate of 7.75 and 7.20 is offered for tenure of 15 months to less than 18 months. These rates were applicable from July 5, 2024.Tenure With Premature Withdrawal General CitizenSenior Citizen7 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 184 Days4.75%5.25%185 to 270 Days5.75%6.25%271 Days to 6.00%6.50%1 Year 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 5 Years7.00%7.50%5 Years 1 Day to 10 Years6.90%7.40%5Y (Tax Saver FD)7.00%7.50%
HDFC Bank FD interest rates
HDFC Bank offers an interest rate between 3% to 7.25% for regular citizens and 3.50% to 7.75% for senior citizens. The highest interest rate of 7.25% and 7.75% is offered for tenure of 18 months to less than 21 months. These rates were applicable from July 5, 2024.Tenor Bucket Interest Rate (per annum)**Senior Citizen Rates (per annum)7 - 14 days3.00%3.50%15 - 29 days3.00%3.50%30 - 45 days3.50%4.00%46 - 60 days4.50%5.00%61 - 89 days4.50%5.00%90 days 4.50%5.00%6 months 1 days 5.75%6.25%9 months 1 day to 6.00%6.50%1 year to 6.60%7.10%15 months to 7.10%7.60%18 months to 7.25%7.75%21 months - 2 years7.00%7.50%2 Years 1 day to 7.00%7.50%2 Years 11 Months - 35 Months7.15%7.65%2 Years 11 Months 1 day 7.00%7.50%3 Years 1 day to 7.00%7.50%4 Year 7 Months - 55 months7.20%7.70%4 Year 7 Months 1 day 7.00%7.50%5 Years 1 day - 10 Years7.00%7.50%
Canara Bank FD interest rates
The bank will offer interest rates on deposits maturing in 7 days to 10 years of 4 per cent to 7.25 percent for the general public and 4 percent to 7.75 percent for senior citizens for callable deposits. The highest interest rate of 7.25% and 7.75% is offered for tenure on 444 Days. The revised rates are applicable from June 11, 2024.CallableTerm Deposits (All Maturities)General PublicSenior CitizenRate of Interest (% p.a.)Rate of Interest (% p.a.) #7 Days to 45 Days4446 Days to 90 Days5.255.2591 Days to 179 Days5.55.5180 Days to 269 Days6.156.65270 Days to less than 1 Year6.256.751 Year Only6.857.35444 Days7.257.75Above 1 Year to less than 2 Years6.857.352 Years & above to less than 3 Years6.857.353 Years & above to less than 5 Years6.87.35 Years & above to 10 Years6.77.2
PNB FD rates
Punjab National Bank offers an interest rate between 3.50% to 7.25% for regular citizens and 4% to 7.75% for senior citizens. The highest interest rate of 7.25% and 7.75% is offered for tenure of 400 Days. These rates are applicable from June 10, 2024.Sl. NoPeriodRevised Rates For Public W.E.F. 10.06.2024*Revised Rates For Senior Citizens W.E.F. 10.06.202417 to 14 Days3.54215 to 29 Days3.54330 to 45 Days3.54446 to 60 Days4.55561 to 90 Days4.55691 to 179 Days4.557180 to 270 Days66.58271 Days to 299 Days6.256.759300 Days7.057.5510301 Days to 6.256.75111 Year6.757.2512> 1 Year to 399 days6.87.313400 Days7.257.7514401 Days to 2 Years6.87.315> 2 years to 3 years77.516> 3 years to 1203 days6.57171204 days**6.46.9181205 days to 5 years6.5719> 5 years to 1894 days6.57.3201895 days**6.357.15211896 days to 10 years6.57.3
Yes Bank FD rates
Yes Bank offers an interest rate between 3.25% to 8% for regular citizens and 3.75% to 8.50% for senior citizens. The highest interest rate of 8% and 8.50% is offered for tenure of 18 months. These rates are applicable from June 8, 2024.Fixed Deposit Interest Rates w.e.f. 08th June, 2024 (Less than INR 3 Cr)TenureRegularSenior Citizen**Interest Rates (%P.A.)*Interest Rates (%P.A.)*7 days to 14 days3.25%3.75%15 days to 45 days3.70%4.20%46 days to 90 days4.10%4.60%91 days to 120 days4.75%5.25%121 days to 180 days5.00%5.50%181 days to 271 days6.10%6.60%272 days to 6.35%6.85%1 year 7.25%7.75%1 year 1 day to 7.50%8.00%18 months 8.00%8.50%18 months 1day to 7.75%8.25%24 months to 7.25%7.75%36 months to 7.25%8.00%60 months7.25%8.00%60 months 1 day to 7.00%7.75%
#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 story originally appeared on: India Times - Author:Faqs of Insurances
