ICICI Bank has recently cut interest on fixed deposits (FD). The bank will now pay 4.9 per cent interest on FD maturing in 1 year to 18 months. Earlier, HDFC and Canara Bank have also cut interest on FDs this month. Earlier in August, SBI also cut interest rates. We are telling you about the interest rates of these banks.
ICICI Bank FD Interest Rates
Period |
Rate of interest (%) |
7 to 14 days |
2.50 |
15 to 29 days |
2.50 |
30 to 90 days |
3.00 |
91 to 184 days |
3.50 |
185 to 289 days |
4.40 |
290 days to less than 1 year |
4.40 |
1 year to 18 months |
4.90 |
18 months to 2 years |
5.00 |
Over 2 and under 3 years |
5.15 |
Over 3 and under 5 years |
5.35 |
Over 5 and up to 10 years |
5.50 |
HDFC Bank FD Interest Rates
Period |
Rate of interest (%) |
7 to 14 days |
2.50 |
15 to 29 days |
2.50 |
30 to 90 days |
3.00 |
91 to 6 months |
3.50 |
6 months 1 day to 9 months |
4.40 |
9 months 1 day to less than 1 year |
4.40 |
1 year |
4.90 |
1 year 1 day to 2 years |
5.00 |
2 years 1 day to 3 years |
5.15 |
3 years 1 day to 5 years |
5.30 |
5 years 1 day to 10 years |
5.50 |
Canara Bank FD Interest Rates
Period |
Rate of interest (%) |
7 to 45 days |
3.00 |
46 to 90 days |
4.00 |
91 to 179 days |
4.05 |
180 to less than 1 year |
4.50 |
1 year |
5.30 |
Over 1 and under 2 years |
5.25 |
Over 2 and under 3 years |
5.25 |
Over 3 and under 5 years |
5.35 |
Over 5 and under 10 years |
5.35 |
State Bank of India (SBI) FD Interest Rates
Period |
Rate of interest (%) |
7 to 45 days |
2.90 |
46 to 179 days |
3.90 |
180 to 210 days |
4.40 |
211 to less than 1 year |
4.40 |
Over 1 and under 2 years |
5.10 |
Over 2 and under 3 years |
5.10 |
Over 3 and under 5 years |
5.30 |
Over 5 and under 10 years |
5.40 |
Punjab National Bank (PNB) FD Interest Rates
Period |
Rate of interest (%) |
7 to 45 days |
3.00 |
46 to 90 days |
3.50 |
91 to 179 days |
4.00 |
180 to 270 days |
4.40 |
271 days to 364 days |
4.50 |
1 year |
5.25 |
1 year 1 day to 2 years |
5.25 |
2 years 1 day to 3 years |
5.25 |
3 years 1 day to 5 years |
5.30 |
5 years 1 day to 10 years |
5.30 |