INSUBCONTINENT EXCLUSIVE:
Fixed deposit interest rates vary according to separate maturity baskets across different banks.Fixed Deposits (FDs), which grant guaranteed
returns on investments, offer higher interest rates than the deposits in savings accounts
FDs are fixed-income instruments, the returns on which are determined at the time of initiating the deposit
The annual returns on fixed deposit investments are fixed even amid market fluctuations and geopolitical uncertainties
However, fixed deposit interest rates vary according to separate maturity baskets across different lenders
FDs are offered by private and public sector banks, small finance banks (SFBs), non-banking financial companies (NBFCs) and post
offices.State Bank of India (SBI)The following FD interest rates are applicable on deposits below Rs 1 crore, according to the bank's
website - sbi.co.in:TenorsRevised For Public w.e.f
28.11.2018Revised for Senior Citizens w.e.f
28.11.20187 days to 45 days5.756.2546 days to 179 days6.256.75180 days to 210 days6.356.85211 days to less than 1 year6.46.91 year to less
than 2 year6.87.32 years to less than 3 years6.87.33 years to less than 5 years6.87.35 years and up to 10 years6.857.35(Source:
days6.25%6.75%91 days - 6 months6.25%6.75%6 months 1 day- 6 months 3 days6.75%7.25%6 months 4 days6.75%7.25%6 months 5 days- 9
months6.75%7.25%9 months 1 day- 9 months 3 days7.10%7.60%9 months 4 days7.10%7.60%9 months 5 days - 9 months 15 days7.10%7.60%9 months 16
days7.10%7.60%9 months 17 days < 1 Year7.10%7.60%1 Year7.30%7.80%1 year 1 day - 1 year 3 days7.30%7.80%1 year 4 days7.30%7.80%1 year 5 days
1 crore, according to the bank's website - icicibank.com:Rate of Interest (% p.a.) w.e.f November 15, 2018Tenure PeriodGeneralSenior
Citizen7 days to 14 days44.515 days to 29 days4.254.7530 days to 45 days5.5646 days to 60 days66.561 days to 90 days6.256.7591 days to 120
days6.256.75121 days to 184 days6.256.75185 days to 289 days6.57290 days to less than 1 year6.757.251 year to 389 days6.97.4390 days to 2
years7.17.62 years 1 day up to 3 years7.583 years 1 day up to 5 years7.257.755 years 1 day up to 10 years77.55 years Tax saver FD (max up to
1 crore with effect from November 26, 2018, according to the bank's website - ujjivansfb.in:TenureInterest Rate (pa)(Under Rs
1 crore)7 Days to 29 Days5.50%30 Days to 89 Days6.25%90 Days to 179 Days6.75%180 Days to 364 Days7.50%1 Year to 2 Years8.30%2 Years and 1
Day to 734 Days7.50%735 Days8.25%736 Days to 798 Days7.50%799 Days8.60%800 Days to 3 Years7.50%3 Years and 1 Day to 5 Years7.00%5 Years and
1 Day to 10 Years6.50%The bank offers an additional 0.50 per cent interest rate for senior citizens, according to the bank's website.Jana
Small Finance BankThe following FD interest rates are applicable on deposits below Rs
1 crore, according to the bank's website - janabank.com.PeriodRegular FD Interest rate (p.a.)Senior Citizen FD Interest rate (p.a.)Effective
from December 14, 2018Effective from January 30, 20197-45 days6.00%6.60%46-60 days6.50%7.10%61-180 days7.00%7.60%181-365 days8.50%9.10%> 1
the FD interest rates offered by post office as mentioned on India Post's official website-
indiapost.gov.in:PeriodRate1yr.A/c7.00%2yr.A/c7.00%3yr.A/c7.00%5yr.A/c7.80%In a post office FD account, interest is payable annually but is
