Fixed Deposit Fd Revised Interest Rates

Conventionally, fixed deposits are looked upon as secured investments as they offer guaranteed returns, compared to market-linked investments such as stocks, where the returns fluctuate over time.

HDFC Bank revised its interest rates on fixed deposits with effect from November 13, 2020

Fixed deposits are safe investments in the banks as they offer guaranteed, regular returns, as opposed to market-linked investments such as stocks, where returns are unstable over time

Currently, Axis Bank provides annual returns to the tune of 2.5-3.5 per cent on fixed deposits of up to Rs 2 crore of up to six months, according to the lender's website -axisbank.com.

Bank Fixed Deposit (FD) Rates: Commercial lenders such as State Bank of India (SBI) revise the interest rates on fixed deposits - also known as term deposits - from time to time.

Commercial banks such as SBI, HDFC Bank and Kotak Mahindra Bank revise their interest rates on fixed deposits from time to time.

On fixed deposits up to Rs 2 crore, SBI pays a 50-basis-point (0.5 percentage point) higher return to senior citizens compared to other customers.

Bank FD Rates 2020: India's largest banks by market value - SBI, HDFC Bank, PNB, ICICI Bank, Kotak Mahindra Bank and Axis Bank - pay returns in the range of 3.50-7.35 per cent on fixed deposits up to Rs 2 crore.

HDFC Bank pays interest rates in the range of 3.50-6.40 per cent to the general public on fixed deposits (FD) up to Rs 2 crore, over maturity periods ranging from seven days to 10 years.

ICICI Bank FD rates: ICICI Bank offers interest rates to the tune of 4-6.60 per cent to the general public on fixed deposit (FD) up to Rs 2 crore, according to the lender's website, icicibank.com. ICICI Bank provides slightly higher returns to senior citizen customers.

Kotak Mahindra Bank offers an interest rate of 6.45% to the general public on fixed deposits up to Rs 2 crore over a maturity period of 364 days.

Axis Bank offers interest rates to the tune of 3.50-6.85% to the general public on fixed deposits up to Rs 2 crore.

The SBI FD rates have been lowered by 15 basis points or 0.15 percentage points across a select tenor in the retail segment (FDs below Rs 2 crore).

FD interest rates: State Bank of India FD rates have been lowered by 10 basis points (or 0.10 percentage point) across a select tenor in the retail segment.

SBI interest rates: The cut in interest rates comes on the back of RBI's 135 basis points reduction in the repo rate so far this year.

Conventionally, fixed deposits are looked upon as secured investments as they offer guaranteed returns, compared to market-linked investments such as stocks, where the returns fluctuate over time.

HDFC Bank revised its interest rates on fixed deposits with effect from November 13, 2020

Fixed deposits are safe investments in the banks as they offer guaranteed, regular returns, as opposed to market-linked investments such as stocks, where returns are unstable over time

Currently, Axis Bank provides annual returns to the tune of 2.5-3.5 per cent on fixed deposits of up to Rs 2 crore of up to six months, according to the lender's website -axisbank.com.

Bank Fixed Deposit (FD) Rates: Commercial lenders such as State Bank of India (SBI) revise the interest rates on fixed deposits - also known as term deposits - from time to time.

Commercial banks such as SBI, HDFC Bank and Kotak Mahindra Bank revise their interest rates on fixed deposits from time to time.

On fixed deposits up to Rs 2 crore, SBI pays a 50-basis-point (0.5 percentage point) higher return to senior citizens compared to other customers.

Bank FD Rates 2020: India's largest banks by market value - SBI, HDFC Bank, PNB, ICICI Bank, Kotak Mahindra Bank and Axis Bank - pay returns in the range of 3.50-7.35 per cent on fixed deposits up to Rs 2 crore.

HDFC Bank pays interest rates in the range of 3.50-6.40 per cent to the general public on fixed deposits (FD) up to Rs 2 crore, over maturity periods ranging from seven days to 10 years.

ICICI Bank FD rates: ICICI Bank offers interest rates to the tune of 4-6.60 per cent to the general public on fixed deposit (FD) up to Rs 2 crore, according to the lender's website, icicibank.com. ICICI Bank provides slightly higher returns to senior citizen customers.

Kotak Mahindra Bank offers an interest rate of 6.45% to the general public on fixed deposits up to Rs 2 crore over a maturity period of 364 days.

Axis Bank offers interest rates to the tune of 3.50-6.85% to the general public on fixed deposits up to Rs 2 crore.

The SBI FD rates have been lowered by 15 basis points or 0.15 percentage points across a select tenor in the retail segment (FDs below Rs 2 crore).

FD interest rates: State Bank of India FD rates have been lowered by 10 basis points (or 0.10 percentage point) across a select tenor in the retail segment.

SBI interest rates: The cut in interest rates comes on the back of RBI's 135 basis points reduction in the repo rate so far this year.