SBI Vs HDFC Bank Vs ICICI Bank: Check Latest FD Interest Rates Comparison

SBI Vs HDFC Bank Vs ICICI Bank FD Rates: As the RBI MPC is fulfilling following week to pick the rates of interest in the nation and is anticipated to begin reducing prices from December 2024, taken care of down payment rates of interest are likewise most likely to be rationalized from following year. Here’s a take a look at FD rates of interest of HDFC Bank, ICICI Bank and SBI.

Fixed down payments are presently supplying as long as 7.9 percent passion, 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 taken care of 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 State Bank of India (SBI) is quiting to 7.50 percent.

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

HDFC Bank’s most recent rates of interest on taken care of 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 ten years: For General Public– 7.00 percent; For Senior Citizens– 7.50 percent.

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

• 7 days to 45 days: For General Public– 3.50 percent; For Senior Citizens– 4.00 percent
• 46 days to 179 days: For General Public– 5.50 percent; For Senior Citizens– 6.00 percent
• 180 days to 210 days: For General Public– 6.25 percent; For Senior Citizens– 6.75 percent
• 211 days to much less than 1 year: For General Public– 6.50 percent; For Senior Citizens– 7.00 percent
• 1 year to much less than 2 years: For General Public– 6.80 percent; For Senior Citizens– 7.30 percent
• 2 years to much less than 3 years: For General Public– 7.00 percent; For Senior Citizens– 7.50 percent
• 3 years to much less than 5 years: For General Public– 6.75 percent; For Senior Citizens– 7.25 percent
• 5 years to approximately ten years: For General Public– 6.50 percent; For Senior Citizens– 7.50 percent.

ICICI Bank’s most recent rates of interest on taken care of 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 ten years: 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.