HDFC Bank vs. SBI Interest Rates on FDs: SBI and HDFC Bank are offering hefty interest rates on FDs; see interest rates

 HDFC Bank vs. SBI Interest Rates on FDs: SBI and HDFC Bank are offering hefty interest rates on FDs; see interest rates

HDFC Bank vs. SBI Interest Rates on FDs: SBI and HDFC Bank are offering hefty interest rates on FDs; see interest rates

SBI vs. HDFC: SBI, the biggest government-owned bank in the nation, is the first choice for most investors. The two biggest banks in the nation, SBI and HDFC Bank, are the subjects of this article's discussion on their FD rates. Compared to prior years, FD interest rates are now offering larger returns since last year, when interest rates began to rise.

SBI vs. HDFC: SBI, the biggest government bank in the nation, is the first choice for most investors. The two biggest banks in the nation, SBI and HDFC Bank, are the subjects of this article's discussion on their FD rates. Compared to prior years, FD interest rates are now offering larger returns since last year, when interest rates began to rise. Interest on FDs is available from HDFC Bank up to 7.75 percent. Interest rates up to 7.50% annually are offered by SBI. These two banks are giving FD holders a huge amount of interest.

Interest rates offered by HDFC Bank on FDs under Rs. 2 crore

7–14 days: 3.00 percent for the general public and 3.50 percent for elderly persons

15 to 29 days: 3.50 percent for older persons and 3.00 percent for the general public

Between 30 and 45 days: 3.50 percent for the general population and 4.00 percent for older persons

From 46 to 60 days: 4.50 percent for the general population and 5.00 percent for elderly persons

From 61 to 89 days: 90 days to 6 months: 4.50 percent for the general public and 5.00 percent for elderly persons 4.50 percent for the general population and 5.00 percent for elderly persons

Six months, one day to under nine months: 5.75 percent for the general public and 6.25 percent for older persons

Nine months, one day, to under a year: 6.00 percent for the general population and 6.50 percent for older persons

One year to under fifteen months: 6.60 percent for the general population and 7.10 percent for older persons

From fifteen to eighteen months: 7.10 percent for the general population and 7.50 percent for older adults in the age range of 18 months plus one day to under 21 months. 7.00 percent for the general population and 7.50 percent for older persons

From two years to twenty-one months: 7.00 percent for the general population and 7.50 percent for older persons

From two years and a day to under two years and a half: Seven percent for the general population and seven and fifty percent for older people

11 months to 35 months in two years: 7.00 percent for the general population and 7.50 percent for older persons

4 years 7 months to 2 years 11 months 1 day: 7.00 percent for the general population and 7.50 percent for older persons

Fourteen months and seven years One day Not more than five years old: 7.00 percent for the general population and 7.50 percent for older persons

Five years, one day to ten years: 7.00 percent for the general public and 7.75 percent for older persons.

Rates of interest on State Bank of India bonds

7 days to 45 days: 3.00 percent for the general public and 3.50 percent for elderly persons

Between 46 and 179 days: 4.50 percent for the general population and 5.00 percent for elderly persons

Between 180 and 210 days: 5.25 percent for the general public and 5.75 percent for older citizens

From 211 days to under a year: 5.75 percent for the general public and 6.25 percent for older persons

Between one and two years: 6.80% of the general population and 7.30% of elderly persons

Between two and three years: 7.00 percent for the general population and 7.50 percent for older persons

three to less than five years: 6.50 percent for the general population and 7.00 percent for older persons

From five to ten years: 6.50 percent for the general population and 7.50 percent for older persons.