SBI Revises FD Interest Rates | Check Full Comparison of Fixed Deposit Rates of SBI, HDFC & ICICI

India’s Biggest Bank, SBI has revised the Fixed Deposits of its bank with effect from 1st October 2017. According to the recent changes of FD rates of SBI, The fixed deposits of 1 year will now get 6.5% interest rates while the fixed deposits of senior citizens will get 7% interest rates. These revised FD rates of SBI are lower than the Fixed deposits interest rates of Private sector banks like HDFC Bank and ICICI Bank. ICICI Bank and HDFC bank is giving 6.75 interest rates on Fixed Deposit for 1-year. Interest rates of Banks vary depending on their maturity or tenure. Here is the full comparison of Fixed Deposits rates of SBI Bank, ICICI Bank, and HDFC Bank. Check this out and find out which one is best.

SBI Fixed Deposit Interest rates With Tenure

Tenure Revised For Public w.e.f. 01.10.2017 (%) Revised for Senior Citizens w.e.f. 01.10.2017 (%)
7 days to 14 days 5.5% 6%
46 days to 179 days 6.5% 7%
180 days to 210 days 6.5% 7%
211 days to less than 1 year 6.5% 7%
1 year 6.5% 7%
Above 1 year to 455 days 6.5% 7%
456 days to less than 2 years

 

6.5% 7%
2 years to less than 3 years 6.25% 6.75%
3 years to less than 5 years 6.25% 6.75%
5 years and up to 10 years 6.25% 6.75%

 

HDFC FD Fixed Deposit Interest rates With Tenure

iod < 1 Crore >=1 Crore to < 5 Crores
Interest Rate **Senior Citizen Rates Interest Rate **Senior Citizen Rates
(per annum) (per annum) (per annum) (per annum)
7 – 14 days 3.50% 4.00% 4.25% 4.75%
15 – 29 days 4.25% 4.75% 4.25% 4.75%
30 – 45 days 5.50% 6.00% 4.25% 4.75%
46 – 60 days 5.75% 6.25% 4.50% 5.00%
61 – 90 days 5.75% 6.25% 4.50% 5.00%
91 days – 6 months 5.75% 6.25% 5.75% 6.25%
6 mnths 1 day- 6 mnths 3 days 6.00% 6.50% 5.25% 5.75%
6 mnths 4 days 6.00% 6.50% 6.25% 6.75%
6 mnths 5 days- 9 mnths 6.00% 6.50% 5.25% 5.75%
9 mnths 1 day- 9 mnths 3 days 6.00% 6.50% 5.25% 5.75%
9 mnths 4 days 6.00% 6.50% 6.25% 6.75%
9 months 5 days – 9 months 15 days 6.00% 6.50% 5.25% 5.75%
9 months 16 days 6.25% 6.75% 5.25% 5.75%
9 months 17 days < 1 Year 6.25% 6.75% 5.25% 5.75%
1 Year 6.75% 7.25% 4.90% 5.40%
1 year 1 day – 1 year 3 days 6.75% 7.25% 4.90% 5.40%
1 year 4 days 6.25% 6.75% 6.50% 7.00%
1 year 5 days – 1 Year 15 Days 6.25% 6.75% 5.00% 5.50%
1 Year 16 days 6.25% 6.75% 5.00% 5.50%
1 year 17 days – 2 Years 6.25% 6.75% 5.00% 5.50%
2 years 1day – 2 Years 15 days 6.00% 6.50% 4.85% 5.35%
2 Years 16 days 6.00% 6.50% 4.85% 5.35%
2 years 17 days – 3 Years 6.00% 6.50% 4.85% 5.35%
3 years 1day – 5 years 6.00% 6.50% 4.85% 5.35%
5 Years 1 Day – 8 Years 6.00% 6.50% 4.85% 5.35%
8 Years 1 Day – 10 Years 6.00% 6.50% 4.85% 5.35%

 

ICICI Fixed Deposit Interest rates With Tenure

Tenure Rate of Interest (% p.a.) w.e.f July 19, 2017 Rate of Interest (% p.a.) w.e.f July 19, 2017
7 days to 14 days 4% 4.5%
15 days to 29 days 4.25% 4.75%
30 days to 45 days 5.5% 6%
46 days to 60 days 5.75% 6.25%
61 days to 90 days 6% 6.5%
91 days to 120 days 6% 6.5%
121 days to 184 days 6% 6.5%
185 days to 289 days 6.25% 6.75%
290 days to less than 1 year 6.5% 7%
1 year to 389 days 6.75% 7.25%
390 days to 2 years 6.75% 7.25%
2 years 1 day up to 5 years 6.5% 7%
5 years 1 day up to 10 years 6.5% 7%
5 Years Tax saver FD(Max up to Rs. 1.50 lac) 6.5% 7%

 

Source – NDTV

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