Axis Bank Revises Interest Rate on FDs: Know How it Compares to SBI, HDFC and Others
Axis Bank Revises Interest Rate on FDs: Know How it Compares to SBI, HDFC and Others
Axis Bank has revised interest rates on fixed deposits (FDs) with effect from 17 March 2022. Check how it compares to SBI, HDFC and others

Axis Bank FD Rates Hiked: Axis Bank has revised interest rates on fixed deposits (FDs) with effect from 17 March 2022. Axis Bank offers FDs across different tenures, ranging from 7 days to 10 years. After the latest revision on deposits less than 2 crores, for term deposits maturing in 18 months to less than 2 years, Axis Bank gives 5.25 per cent interest.

7 days to 14 days: For General Public – 2.50 per cent; For Senior Citizens – 2.90 per cent

15 days to 29 days: For General Public – 2.50 per cent; For Senior Citizens – 2.90 per cent

30 days to 45 days: For General Public – 3 per cent; For Senior Citizens – 3.50 per cent

46 days to 60 days: For General Public – 3 per cent; For Senior Citizens – 3.50 per cent

61 days to 90 days: For General Public – 3 per cent; For Senior Citizens – 3.50 per cent

91 days to 120 days: For General Public – 3.50 per cent; For Senior Citizens – 4.00 per cent

6 months 1 days to 9 months: For General Public – 4.40 per cent; For Senior Citizens – 4.90 per cent

9 months 1 day to less than a year: For General Public – 4.40 per cent; For Senior Citizens – 4.90 per cent

1 year: For General Public – 4.40 per cent; For Senior Citizens – 4.90 per cent

1 year 1 day to 2 years: For General Public – 5.10 per cent; For Senior Citizens – 5.60 per cent

2 years 1 day to 3 years: For General Public – 5.10 per cent; For Senior Citizens – 5.60 per cent

3 years 1 day to 5 years: For General Public – 5.45 per cent; For Senior Citizens – 5.95 per cent

5 years 1 day to 10 years: For General Public – 5.75 per cent; For Senior Citizens – 6.25 per cent

Here are the revised interest rates on fixed deposits below Rs 2 crore at the SBI from March 10, 2022:

According to the SBI website, for FD tenure of 2 year to less than 3 years, interest rate has been increased by 10 basis points to 5.20 per cent, for 3 year to less than 5 year it has been hiked by 15 basis points to 5.45 per cent. For FD tenure of 5 years and up to 10 years, the interest rate has been increased by 10 basis points to 5.50 per cent with effect from February 15, 2022.

7 days to 14 days: For General Public – 2.90 per cent; For Senior Citizens – 3.40 per cent

15 days to 29 days: For General Public – 2.90 per cent; For Senior Citizens – 3.40 per cent

30 days to 45 days: For General Public – 2.90 per cent; For Senior Citizens – 3.40 per cent

46 days to 60 days: For General Public – 3.90 per cent; For Senior Citizens – 4.40 per cent

61 days to 90 days: For General Public – 3.90 per cent; For Senior Citizens – 4.40 per cent

91 days to 120 days: For General Public – 3.90 per cent; For Senior Citizens – 4.40 per cent

6 months 1 days to 9 months: For General Public – 4.40 per cent; For Senior Citizens – 4.90 per cent

9 months 1 day to less than a year: For General Public – 4.40 per cent; For Senior Citizens – 4.90 per cent

1 year: For General Public – 4.40 per cent; For Senior Citizens – 4.90 per cent

1 year 1 day to 2 years: For General Public – 4.40 per cent; For Senior Citizens – 4.90 per cent

2 years 1 day to 3 years: For General Public – 5.20 per cent; For Senior Citizens – 5.70 per cent

3 years 1 day to 5 years: For General Public – 5.45 per cent; For Senior Citizens – 5.95 per cent

5 years 1 day to 10 years: For General Public – 5.50 per cent; For Senior Citizens – 6.30 per cent

Here are the revised interest rates on fixed deposits below Rs 2 crore at the HDFC Bank from February 14, 2022:

Earlier in January, HDFC Bank hiked the interest rate for FDs worth less than Rs 2 crore by five to ten basis points. So this was the second time lender had offered a raise in interest rates for FDs in two months.

7 days to 14 days: For General Public – 2.50 per cent; For Senior Citizens – 3.00 per cent

15 days to 29 days: For General Public – 2.50 per cent; For Senior Citizens – 3.00 per cent

30 days to 45 days: For General Public – 3.00 per cent; For Senior Citizens – 3.50 per cent

46 days to 60 days: For General Public – 3.00 per cent; For Senior Citizens – 3.50 per cent

61 days to 90 days: For General Public – 3.00 per cent; For Senior Citizens – 3.50 per cent

91 days to 120 days: For General Public – 3.50 per cent; For Senior Citizens – 4.00 per cent

6 months 1 days to 9 months: For General Public – 4.40 per cent; For Senior Citizens – 4.90 per cent

9 months 1 day to less than a year: For General Public – 4.40 per cent; For Senior Citizens – 4.90 per cent

1 year: For General Public – 5.00 per cent; For Senior Citizens – 5.50 per cent

1 year 1 day to 2 years: For General Public – 5.00 per cent; For Senior Citizens – 5.50 per cent

2 years 1 day to 3 years: For General Public – 5.20 per cent; For Senior Citizens – 5.70 per cent

3 years 1 day to 5 years: For General Public – 5.45 per cent; For Senior Citizens – 5.95 per cent

5 years 1 day to 10 years: For General Public – 5.60 per cent; For Senior Citizens – 6.35 per cent

Here are the revised interest rates on fixed deposits below Rs 2 crore at the ICICI Bank from January 20, 2022:

7 days to 14 days: For General Public – 2.50 per cent; For Senior Citizens – 3.00 per cent

15 days to 29 days: For General Public – 2.50 per cent; For Senior Citizens – 3.00 per cent

30 days to 45 days: For General Public – 3.00 per cent; For Senior Citizens –  3.50 per cent

46 days to 60 days: For General Public – 3.00 per cent; For Senior Citizens – 3.50 per cent

61 days to 90 days: For General Public – 3.00 per cent; For Senior Citizens – 3.50 per cent

91 days to 120 days: For General Public – 3.50 per cent; For Senior Citizens – 4.00 per cent

121 days to 150 days: For General Public – 3.50 per cent; For Senior Citizens – 4.00 per cent

151 days to 184 days: For General Public – 3.50 per cent; For Senior Citizens – 4.00 per cent

185 days to 210 days: For General Public – 4.40 per cent; For Senior Citizens – 4.90 per cent

211 days to 270 days: For General Public – 4.40 per cent; For Senior Citizens – 4.90 per cent

271 days to 289 days: For General Public – 4.40 per cent; For Senior Citizens – 4.90 per cent

290 days to less than 1 year: For General Public – 4.40 per cent; For Senior Citizens – 4.90 per cent

1 year to 389 days: For General Public – 5.00 per cent; For Senior Citizens – 5.50 per cent

390 days to less than 15 months: For General Public – 5.00 per cent; For Senior Citizens – 5.50 per cent

15 months to less than 18 months: For General Public – 5.00 per cent; For Senior Citizens – 5.50 per cent

18 months to 2 years: For General Public – 5.00 per cent; For Senior Citizens – 5.50 per cent

2 years 1 day to 3 years: For General Public – 5.20 per cent; For Senior Citizens – 5.70 per cent

3 years 1 day to 5 years: For General Public – 5.45 per cent; For Senior Citizens – 5.95 per cent

5 years 1 day to 10 years: For General Public – 5.60 per cent; For Senior Citizens – 6.35 per cent

5 Years (80C FD) – Max to `1.50 lac: For General Public – 5.45 per cent; For Senior Citizens – 5.95 per cent

Read all the Latest Business News and Breaking News here

What's your reaction?

Comments

https://filka.info/assets/images/user-avatar-s.jpg

0 comment

Write the first comment for this!