Fixed Deposit Interest Rates Comparison 2021
A contrast of all banks’ fixed deposit prices across all tenure suggests that currently, IDFC Bank gives the best FD charge of 7.50% for deposits with a tenure of two years to a few years for debtors under 60 years of age. For Senior Citizens FD, IDFC Bank has a satisfactory interest charge of 8.00% for a tenure of 366 Days to two Years.
Similarly, If you compare fixed deposit costs of small finance banks as in step with the state-of-the-art FD quotes, Jana Small Finance Bank gives the satisfactory FD charge of 7.75% for deposits with a tenure of three Years 1 Day to four Years 364 Days, hence making it a terrific preference for depositors seeking to earn high-interest charge without compromising at the safety of their deposits.
| Bank | FD Interest Rates | Senior Citizen FD Interest Rates |
| SBI FD Interest Rates | 2.90% – 5.40% | 3.40% – 6.20% |
| HDFC Bank FD Interest Rates | 2.50% – 5.50% | 3.00% – 6.25% |
| Private Bank FD Interest Rates | 2.50% – 5.50% | 3.00% – 6.30% |
| Private Home Finance FD Interest Rates | 4.30% – 6.45% | 4.55% – 6.70% |
| Axis Bank FD Interest Rates | 2.50% – 5.50% | 2.50% – 6.05% |
| PNB Housing Finance | 5.90% – 6.70% | 6.15% – 6.95% |
| Kotak Bank | 2.50% – 5.30% | 3.00% – 5.80% |
| IDFC First Bank | 2.75% – 6.00% | 3.25% – 6.50% |
| Bank of Baroda | 2.80% – 5.25% | 3.30% – 5.75% |
| Citibank | 2.40% – 3.50% | 2.90% – 4.00% |
| IDBI Bank | 2.90% – 5.10% | 3.40% – 5.60% |
| Indian Bank | 2.90% – 5.25% | 3.40% – 5.75% |
| Indian Overseas Bank | 3.40% – 5.20% | 3.90% – 5.70% |
| OBC | 3.00% – 5.30% | 3.50% – 5.80% |
| PNB | 3.00% – 5.30% | 3.50% – 5.80% |
| HDFC | 5.75% – 6.25% | 6.00% – 6.50% |
| Allahabad Bank | 2.90% – 5.25% | 3.40% – 5.75% |
| Andhra Bank | 3.00% – 5.60% | 3.50% – 6.10% |
| Bank of India | 3.25% – 5.30% | 3.75% – 5.80% |
| Bank of Maharashtra | 2.75% – 4.90% | 2.75% – 5.40% |
| Canara Bank | 2.95% – 5.50% | 2.95% – 6.00% |
| Central Bank of India | 2.75% – 5.10% | 3.25% – 5.60% |
| Punjab and Sind Bank | 3.10% – 5.25% | 3.60% – 5.95% |
| UCO Bank | 2.75% – 5.00% | 3.00% – 5.50% |
| Union Bank of India | 3.00% – 5.60% | 3.50% – 6.10% |
| United Bank of India | 3.00% – 5.30% | 3.50% – 5.80% |
| Yes Bank | 3.50% – 6.75% | 4.00% – 7.50% |
| Karnataka Bank | 3.40% – 5.70% | 3.80% – 6.95% |
| DBS Bank | 2.50% – 5.50% | 2.50% – 5.50% |
| Standard Chartered Bank | 2.50% – 5.40% | 2.50% – 5.90% |
| Jammu And Kashmir Bank | 3.00% – 5.30% | 3.50% – 5.80% |
| Ujjivan Small Finance Bank | 3.05% – 6.50% | 3.55% – 7.00% |
| Jana Small Finance Bank | 2.50% – 7.25% | 3.00% – 7.75% |
| India Post Office | 5.50% – 6.70% | 5.50% – 6.70% |
| IndusInd Bank | 3.00% – 6.50% | 3.50% – 7.00% |
| Syndicate Bank | 2.95% – 5.50% | 2.95% – 6.00% |
| RBL Bank | 3.25% – 6.60% | 3.75% – 7.10% |
| Dhan Laxmi Bank | 3.50% – 5.60% | 4.00% – 6.10% |
| Bajaj Finance | 6.15% – 7.00% | 6.40% – 7.25% |
| HSBC Bank | 2.25% – 4.00% | 2.75% – 4.50% |
| Federal Bank | 2.50% – 5.50% | 3.00% – 6.00% |
| AU Small Finance Bank | 3.50% – 6.50% | 4.25% – 7.25% |
| LIC Housing Finance | 5.50% – 5.60% | 5.75% – 5.85% |
| Corporation Bank | 3.00% – 5.60% | 3.50% – 6.10% |
| DCB Bank | 4.25% – 6.75% | 4.75% – 7.25% |
| South Indian Bank | 3.50% – 5.65% | 4.00% – 6.15% |
| Bandhan Bank | 3.00% – 6.00% | 3.75% – 6.75% |
| Lakshmi Vilas Bank | 2.50% – 6.00% | 2.50% – 6.50% |
| Equitas Small Finance Bank | 3.60% – 6.80% | 4.10% – 7.30% |
| ESAF Small Finance Bank | 4.50% – 6.50% | 5.00% – 7.00% |
| Karur Vysya Bank | 3.50% – 5.75% | 3.50% – 6.15% |
Highest FD Interest Rates
Amongst some of the benefits supplied with fixed deposits, guaranteed returns is the maximum sought after. However, the returns supplied on FD aren’t identical and time-honored throughout distinctive FD providers. Indeed, it varies throughout all. Thus, the best FD interest charges throughout all banks and NBFCs are a crucial element to appear before investing within the FD. One can put money into FDs with Banks or NBFCs, which have the best AAA scores, rated with the aid of using ICRA and CRISIL and get assured returns.
Currently, IDFC Bank gives the best constant deposit charge of 7.50% for a tenure of two years to three years. In addition to that, Jana Small Finance Bank gives the best returns on senior resident’s fixed deposits with a hobby charge of 7.75%.
Fixed Deposit Interest Rates for Senior Citizens
The highest FD charge for Senior Citizens is presently at 8.00% presented through IDFC Bank for 36 Months to 366 Days to two years. Banks FD Interest presented to senior residents is usually 25-75 basis points better than corresponding charges on normal FDs different individuals. Senior residents must post their age as evidence to be eligible for better charges on Senior Citizens FD.
Factors that affect FD Rates
Fixed Deposits are a crucial supply of finances for banks that they lend to make profits. Bank FD interest costs vary through the quantity deposited, tenure of deposit, sort of depositor in addition to the quantity of investment required through banks from FDs. List of things that decide the interest costs on banks FD are:
Tax Savings Fixed Deposit Interest Rates
| Tax Saving FD | Minimum Deposit | Tax Saving |
| SBI Tax Savings Scheme | ₹ 1,000 | 5.40% |
| HDFC Bank 5 Year Tax Saving Fixed Deposit | ₹ 100 | 5.50% |
| Axis Bank Tax Saver Fixed Deposit | ₹ 100 | 5.50% |
| Kotak Bank Tax Saving Fixed Deposit | ₹ 100 | 5.30% |
| Private Bank Tax Saving Fixed Deposit | ₹ 10,000 | 5.50% |
| Citibank Tax Saver Deposits | ₹ 1,000 | 3.50% |
| Bank of Baroda Tax Savings Term Deposit | N.A | 5.25% |
| Corporation Bank Tax Saver Plus Deposit Scheme | ₹ 100 | 5.60% |
| PNB Tax Saver Fixed Deposit Scheme | ₹ 100 | 5.30% |
| RBL Bank Tax Savings Fixed Deposits | N.A | 6.60% |
| Central Bank of India Tax Saving Deposit | ₹ 100 | 5.10% |
| Syndicate Bank SyndTaxShield Deposit | ₹ 100 | 5.50% |
| IDBI Bank Suvidha Tax Saving Fixed Deposit | N.A | 5.10% |
