{"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":"
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 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 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 Read More: ICICI Bank Statement 2023 | How to download ICICI Bank Statement<\/a><\/strong><\/p>\n\n\n\nWhat are the benefits of a Fixed Deposit?\u00a0<\/strong><\/h2>\n\n\n\n
1-Year FD Interest Rates List of All Banks<\/strong><\/h3>\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