Top Stories

Bank FD Rate Increases: All of these banks raised their FD interest rates prior to the RBI's pronouncements

 Bank FD Rate Increases: All of these banks raised their FD interest rates prior to the RBI's pronouncements


Bank FD Rate Increases: All of these banks raised their FD interest rates prior to the RBI's pronouncements
Bank FD Rate Increases: All of these banks raised their FD interest rates prior to the RBI's pronouncements



Interest Rates on Fixed Deposits: Prior to the Reserve Bank of India (RBI) announcing the creation of the Monetary Policy Committee (MPC), some banks raised the interest rates on fixed deposits.


The interest rates on fixed deposits at some prestigious institutions, such as Yes Bank, Bank of India, ICICI Bank, and HDFC Bank, have recently risen. Are these modifications


FD rates offered by ICICI Bank range from ₹2 crore to ₹5 crore.


Within 7 to 14 days, 4.75 percent; within 15 to 29 days, 4.75 percent; within 30 to 45 days, 5.50 percent; and within 46 to 60 days, 5.75 percent

6.00 percent for the first 61 days to 90 days; 6.50 percent for the next 91 days to 120 days; 6.50 percent for the next 121 days to 150 days; 6.50 percent for the next 151 days to 184 days; 185 days to 210 days; 6.65 percent for the next 211 days to 270 days; 271 days to 289 days; 6.75 percent for the last 290 days to less than a year;

7.25 percent for a year and 389 days; 7.25 percent for 390 days and 15 months.

7.05 percent, from 15 to 18 months

2. Years to 18 months – 7.05 percent

two years From one day to three years – 7.00%

7.00 percent from 3 years and 1 day to 5 years and 7.00 percent from 5 years and 1 day to 10 years


Interest rates on FDs from ₹2 crore to ₹10 crore are offered by Bank of India.


From seven to fourteen days – 4.5%

Between 15 and 30 days – 4.5%

Between 31 and 45 days – 4.5%

Between 46 and 90 days – 5.25 percent

6 percent, or 91 days to 179 days

Between 180 and 210 days – 6.25 percent

6.5 percent, from 211 days to 269 days

6.5 percent, from 270 days to less than a year

7.25 percent after a year

6.75 percent from one year to two years

Two years = 6.5 %

3.5% after two years compared to three years

From three to five years – 6%

From five to eight years – 6%

Between eight and ten years – 6%

Rates on FDs from HDFC Bank range from ₹2 crore to ₹5 crore.


One year to fifteen months: 7.55%

fifteen to eighteen months – 7.55%

Between 18 and 21 months: 7.45%

From 21 months to 2 years – 7.45%

two years From one day to three years – 7.20%

three years From one day to five years – 7.20%

Ten years to five years and one day: 7.20 percent



No comments: