Bank FD: HDFC Bank Vs ICICI Bank Vs Axis Bank; Check Detailed Comparison of Latest Interest Rates

HDFC Bank Vs ICICI Bank Vs Axis Bank FD Rates: Even as RBI Governor Shaktikanta Das just recently informed financial institutions that they are totally free to choose rate of interest, the lending institutions are quickly most likely to line up prices to draw in down payments. Fixed down payments are presently supplying as long as 7.9 percent rate of interest, defeating rising cost of living conveniently which presently stands at about 4 percent.

Currently, HDFC Bank, India’s biggest economic sector loan provider, is providing to 7.9 percent FD prices on dealt with down payments listed below Rs 3 crore, relying on the age of the depositor and period. ICICI Bank is quiting to 7.8 percent, while Axis Bank is quiting to 7.75 percent.

Here’s the contrast of the existing set down payment (FD) rate of interest used by 3 huge financial institutions HDFC Bank, ICICI Bank, and Axis Bank on down payments listed below Rs 3 crore:

HDFC Bank’s newest rate of interest on dealt with down payments much less than Rs 3 crore (per year):

• 7 days to 2 week: For General Public– 3.00 percent; For Senior Citizens– 3.50 percent
• 15 days to 29 days: For General Public– 3.00 percent; For Senior Citizens– 3.50 percent
• thirty day to 45 days: For General Public– 3.50 percent; For Senior Citizens– 4.00 percent
• 46 days to 60 days: For General Public– 4.50 percent; For Senior Citizens– 5.00 percent
• 61 days to 89 days: For General Public– 4.50 percent; For Senior Citizens– 5.00 percent
• 90 days to much less than equivalent to 6 months: For General Public– 4.50 percent; For Senior Citizens– 5.00 percent
• 6 months 1 day to much less than 9 months: For General Public– 5.75 percent; For Senior Citizens– 6.25 percent
• 9 months 1 day to much less than 1 year: For General Public– 6.00 percent; For Senior Citizens– 6.50 percent
• 1 year to much less than 15 months: For General Public– 6.60 percent; For Senior Citizens– 7.10 percent
• 15 months to much less than 18 months: For General Public– 7.10 percent; For Senior Citizens– 7.50 percent
• 18 months to much less than 21 months: For General Public– 7.25 percent; For Senior Citizens– 7.75 percent
• 21 months to 2 years: For General Public– 7.00 percent; For Senior Citizens– 7.50 percent
• 2 years 1 day to much less than 2 years 11 months: For General Public– 7.00 percent; For Senior Citizens– 7.50 percent
• 2 years 11 months to 35 months: For General Public– 7.35 percent; For Senior Citizens– 7.85 percent
• 2 years 11 months 1 day to much less than or equivalent to 3 years: For General Public– 7.00 percent; For Senior Citizens– 7.50 percent
• 3 years 1 day to much less than 4 years 7 months: For General Public– 7.00 percent; For Senior Citizens– 7.50 percent
• 4 years 7 months to 55 months: For General Public– 7.40 percent; For Senior Citizens– 7.90 percent
• 4 years 7 months 1 day to much less than or equivalent to 5 years: For General Public– 7.00 percent; For Senior Citizens– 7.50 percent
• 5 years 1 day to one decade: For General Public– 7.00 percent; For Senior Citizens– 7.50 percent.

Axis Bank’s FD Interest Rate (On Deposits Below Rs 3 Crore):

• 7 days to 2 week: 3.00 percent for General Public; 3.50 percent for Senior Citizens
• 15 days to 29 days: 3.00 percent for General Public; 3.50 percent for Senior Citizens
• thirty day to 45 days: 3.50 percent for General Public; 4.00 percent for Senior Citizens
• 46 days to 60 days: 4.25 percent for General Public; 4.75 percent for Senior Citizens
• 61 days to much less than 3 months: 4.50 percent for General Public; 5.00 percent for Senior Citizens
• 3 months to 3 months 24 days: 4.75 percent for General Public; 5.25 percent for Senior Citizens
• 3 months 25 days much less than 4 months: 4.75 percent for General Public; 5.25 percent for Senior Citizens
• 4 months to much less than 5 months: 4.75 percent for General Public; 5.25 percent for Senior Citizens
• 5 months to much less than 6 months: 4.75 percent for General Public; 5.25 percent for Senior Citizens
• 6 months to much less than 7 months: 5.75 percent for General Public; 6.25 percent for Senior Citizens
• 7 months to much less than 8 months: 5.75 percent for General Public; 6.25 percent for Senior Citizens
• 8 months to much less than 9 months: 5.75 percent for General Public; 6.25 percent for Senior Citizens
• 9 months to much less than 10 months: 6.00 percent for General Public; 6.50 percent for Senior Citizens
• 10 months to much less than 11 months: 6.00 percent for General Public; 6.50 percent for Senior Citizens
• 11 months to much less than 11 months 25 days: 6.00 percent for General Public; 6.50 percent for Senior Citizens
• 11 months 25 days to much less than 1 year: 6.00 percent for General Public; 6.50 percent for Senior Citizens
• 1 year to much less than 13 months: 6.70 percent for General Public; 7.20 percent for Senior Citizens
• 13 months to much less than 14 months: 6.70 percent for General Public; 7.20 percent for Senior Citizens
• 14 months to much less than 15 months: 6.70 percent for General Public; 7.20 percent for Senior Citizens
• 15 months to much less than 16 months: 7.10 percent for General Public; 7.60 percent for Senior Citizens
• 16 months to much less than 17 months: 7.10 percent for General Public; 7.60 percent for Senior Citizens
• 17 months to much less than 18 months: 7.20 percent for General Public; 7.70 percent for Senior Citizens
• 18 months to much less than 2 years: 7.10 percent for General Public; 7.60 percent for Senior Citizens
• 2 years to much less than 30 months: 7.10 percent for General Public; 7.60 percent for Senior Citizens
• 30 months to much less than 3 years: 7.10 percent for General Public; 7.60 percent for Senior Citizens
• 3 years to much less than 5 years: 7.10 percent for General Public; 7.60 percent for Senior Citizens
• 5 years to one decade: 7.00 percent for General Public; 7.75 percent for Senior Citizens.

ICICI Bank’s newest rate of interest on dealt with down payments listed below Rs 3 crore:

• 7 days to 29 days: For General Public– 3.00 percent; For Senior Citizens– 3.50 percent
• thirty day to 45 days: For General Public– 3.50 percent; For Senior Citizens– 4.00 percent
• 46 days to 60 days: For General Public– 4.25 percent; For Senior Citizens– 4.75 percent
• 61 days to 90 days: For General Public– 4.50 percent; For Senior Citizens– 5.00 percent
• 91 days to 184 days: For General Public– 4.75 percent; For Senior Citizens– 5.25 percent
• 185 days to 270 days: For General Public– 5.75 percent; For Senior Citizens– 6.25 percent
• 271 days to much less than 1 year: For General Public– 6.00 percent; For Senior Citizens– 6.50 percent
• 1 year to much less than 15 months: For General Public– 6.70 percent; For Senior Citizens– 7.20 percent
• 15 months to much less than 18 months: For General Public– 7.25 percent; For Senior Citizens– 7.80 percent
• 18 months to 2 years: For General Public– 7.25 percent; For Senior Citizens– 7.75 percent
• 2 years 1 day to 5 years: For General Public– 7.00 percent; For Senior Citizens– 7.50 percent
• 5 years 1 day to one decade: For General Public– 6.90 percent; For Senior Citizens– 7.40 percent
• 5 years (tax obligation saver FD): For General Public– 7.00 percent; For Senior Citizens– 7.50 percent.

The RBI just recently increased the mass down payment meaning to Rs 3 crore, from Rs 2 crore previously.