{"id":477,"date":"2023-11-26T13:00:12","date_gmt":"2023-11-26T13:00:12","guid":{"rendered":"https:\/\/thebankingguides.com\/?p=477"},"modified":"2023-12-22T16:14:06","modified_gmt":"2023-12-22T16:14:06","slug":"bank-fd-interest-rate","status":"publish","type":"post","link":"https:\/\/thebankingguides.com\/bank-fd-interest-rate\/","title":{"rendered":"Bank FD Interest Rate Latest in\u00a02023 | Highest FD Interest Rate"},"content":{"rendered":"
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Bank FD Interest rates. <\/strong>If you want to know about the FD interest rates of different banks, then you have come to the right place. Here, we created a list of FD interest rates in 2023 of all banks with 1, 2, 3, and 5-year plans. So read this guide carefully.<\/p>\n\n\n\n

A fixed deposit is a very good investment option for those who want to get good interest on their deposited money. You can easily invest your money in a fixed deposit but there is a fixed time limit to get bank deposit interest rates. <\/strong>When you invest money for a short time, then you will get a low FD interest rate<\/strong>. On the other hand, funding for a long time will help you to get a high bank FD interest rate<\/strong>. <\/p>\n\n\n\n

So, in this guide, I am going to share a list of all bank interest rates. <\/strong><\/p>\n\n\n\n

What are the benefits of a Fixed Deposit?\u00a0<\/strong><\/h2>\n\n\n\n

There are lots of benefits and some disadvantages to fixed deposits<\/strong>. The main benefit is that you can get a loan on a Fixed deposit. Bank allows you to get 90% of the loan of your deposited money with a low-interest rate. If you invest in a tax-saving fixed deposit scheme<\/strong>, you can get tax exemption on investment.\u00a0<\/p>\n\n\n\n

In December, the Reserve Bank of India increased its repo rate to 6.25 %. The yearly interest rate decreased to 6.77% which is less than the highest level of 7.41% in September. As a result, FD interest rates <\/strong>also changed. So, we are going to share a new FD internet rates list of all banks. <\/strong><\/p>\n\n\n\n

Read More: <\/strong>Baroda UP Gramin Bank: Balance Enquiry Number & Details<\/a><\/p>\n\n\n\n

1-Year FD Interest Rates List of All Banks<\/strong><\/h3>\n\n\n\n

If we talk about Bank FD interest rates<\/kbd><\/a><\/strong> for 1 year, then Bandhan Bank provides the highest interest among all of them which is around 7.50 %. Let’s know about the 1-year interest rate of other banks. <\/p>\n\n\n\n

Bank <\/strong><\/td>FD Interest Rate <\/strong><\/td>For Senior Citizen<\/strong><\/td><\/tr>
Yes Bank <\/td>7.00 %<\/td>7.50 %<\/td><\/tr>
Kotak Bank <\/td>6.25 % <\/td>6.75 % <\/td><\/tr>
HDFC Bank <\/td>6.10 % <\/td>6.60 % <\/td><\/tr>
ICICI Bank <\/td>6.10 % <\/td>6.60 % <\/td><\/tr>
IDFC First Bank <\/td>6.50 % <\/td>7.00 % <\/td><\/tr>
Federal Bank <\/td>6.25 % <\/td>6.75 % <\/td><\/tr>
DCB Bank<\/td>6. 75 % <\/td>7.25 % <\/td><\/tr>
Bandhan Bank<\/td>7.00 % <\/td>7.50 % <\/td><\/tr>
Axis Bank <\/td>6.25 % <\/td>7.00 % <\/td><\/tr>
IndusInd Bank <\/td>6.75 % <\/td>7.25 % <\/td><\/tr>
DCB Bank<\/td>6.75 % <\/td>7.25 % <\/td><\/tr>
RBL Bank <\/td>7.00 %<\/td>7.50 % <\/td><\/tr>
State Bank of India <\/td>6.75 %<\/td>7.25 % <\/td><\/tr>
Punjab National Bank <\/td>6.75 % <\/td>6.75 %<\/td><\/tr>
Bank of Baroda <\/td>6.75 % <\/td>7.25 % <\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Read More: ICICI Bank Statement 2023 | How to download ICICI Bank Statement<\/a><\/strong><\/p>\n\n\n\n

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