Bank FD New Interest Rates 2024: Fixed Deposit (FD) remains a popular investment option for Indians looking for safe and predictable returns on their savings. While traditional bank FDs have long been the preferred option, the landscape has changed in recent years, with small finance banks (SFBs) and non-banking financial companies (NBFCs) emerging as new leaders offering the highest FD interest rates. Have been.

Which banks or financial institutions are offering the best FD rates?

Small Finance Banks

AU Small Finance Bank is offering fixed deposit interest rates between 6.50 percent to 8.00 percent per annum with tenure ranging from 1 year to 5 years.

Equitas Small Finance Bank is offering fixed deposit interest rates between 7.25 percent to 8.50 percent per annum with tenure ranging from 1 year to 5 years.

ESAF Small Finance Bank is offering fixed deposit interest rates between 6.00 percent to 8.25 percent per annum for tenures ranging from 1 year to 5 years.

Jana Small Finance Bank is offering fixed deposit interest rates between 7.25 percent to 8.50 percent per annum with tenure ranging from 1 year to 5 years.

NorthEast Small Finance Bank is offering fixed deposit interest rates between 6.25 percent to 8.50 percent per annum, with tenure ranging from 1 year to 5 years.

Private Sector Banks
Axis Bank is offering fixed deposit interest rates between 6.70 percent to 7.20 percent per annum, with tenure ranging from 1 year to 5 years.

Bandhan Bank is offering fixed deposit interest rates between 5.85 percent to 7.85 percent per annum, with tenure ranging from 1 year to 5 years.

City Union Bank is offering fixed deposit interest rates between 6.25 percent to 7.00 percent per annum with tenure ranging from 1 year to 5 years.

CSB Bank is offering fixed deposit interest rates ranging between 5.00 percent to 7.75 percent per annum, with tenures ranging from 1 year to 5 years.

DBS Bank is offering fixed deposit interest rates between 6.50 percent to 7.50 percent per annum, with tenure ranging from 1 year to 5 years.

Public Sector Bank
Bank of Baroda is offering fixed deposit interest rates between 6.85 percent to 7.25 percent per annum, with tenure ranging from 1 year to 5 years.

Bank of India is offering fixed deposit interest rates between 6.00 percent to 7.25 percent per annum with tenure ranging from 1 year to 5 years.

Canara Bank is offering fixed deposit interest rates between 6.80 percent to 7.25 percent per annum, with tenure ranging from 1 year to 5 years.

Central Bank of India is offering fixed deposit interest rates between 6.25 percent to 7.25 percent per annum for tenures ranging from 1 year to 5 years.

Indian Overseas Bank is offering fixed deposit interest rates between 6.50 percent to 7.30 percent per annum for tenures ranging from 1 year to 5 years.

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Axis Bank interest rates on FD less than Rs 2 crore

• 30 days to 45 days: 5.50 percent for general public; 5.50 percent for senior citizens
• 46 days to 60 days: 5.75 percent for general public; 5.75 percent for senior citizens
• 61 days to less than 3 months: 6 percent for general public; 6 percent for senior citizens
• 3 months to less than 4 months: 6.75 percent for general public; 6.75 percent for senior citizens
• 4 months to less than 5 months: 6.75 percent for general public; 6.75 percent for senior citizens
• 5 months to less than 6 months: 6.75 percent for general public; 6.75 percent for senior citizens
• 6 months to less than 7 months: 7 percent for general public; 7 percent for senior citizens
• 7 months to less than 8 months: 7 percent for general public; 7 percent for senior citizens
• 8 months to less than 9 months: 7 percent for general public; 7 percent for senior citizens
• 9 months to less than 10 months: 7.25 percent for general public; 7.25 percent for senior citizens
• 10 months to less than 11 months: 7.25 percent for general public; 7.25 percent for senior citizens
• 11 months to less than 11 months 25 days: 7.25 percent for general public; 7.25 percent for senior citizens
• 11 months 25 days to less than 1 year: 7.25 percent for general public; 7.25 percent for senior citizens
• 1 year to less than 1 year 4 days: 7.55 percent for general public; 7.55 percent for senior citizens
• 1 year 5 days to less than 1 year 11 days: 7.55 percent for general public; 7.55 percent for senior citizens
• 1 year 11 days to less than 1 year 24 days: 7.55 percent for general public; 7.55 percent for senior citizens
• 1 year 25 days to less than 13 months: 7.55 percent for general public; 7.55 percent for senior citizens
• 13 months to less than 14 months: 7.55 percent for general public; 7.55 percent for senior citizens
• 14 months to less than 15 months: 6.70 percent for general public; 7.20 percent for senior citizens
• 15 months to less than 16 months: 7.50 percent for general public; 7.50 percent for senior citizens
• 16 months to less than 17 months: 7.45 percent for general public; 7.45 percent for senior citizens
• 17 months to less than 18 months: 7.45 percent for general public; 7.45 percent for senior citizens
• 18 months to less than 2 years: 7.45 percent for general public; 7.45 percent for senior citizens
• 2 years to less than 30 months: 7.20 percent for general public; 7.20 percent for senior citizens
• 30 months to less than 3 years: 7.20 percent for general public; 7.20 percent for senior citizens
• 3 years to less than 5 years: 7.20 percent for general public; 7.20 percent for senior citizens
• 5 years to 10 years: 7.20 percent for general public; 7.20 percent for senior citizens.

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Axis Bank FD Rates: Axis Bank has revised the FD interest rates. The bank has revised the interest rates on FDs for amounts ranging from Rs 2 crore to more than Rs 500 crore. These new rates have come into effect today from May 1, 2024. Here we have told you about the interest available on FD ranging from Rs 2 crore to Rs 5 crore. Ordinary citizens and senior citizens get equal interest on this FD. The bank is offering FDs ranging from 30 days to 10 years to its customers. After investing money in these FDs, customers cannot withdraw money before maturity.

Axis Bank interest rates on FD less than Rs 2 crore

• 30 days to 45 days: 5.50 percent for general public; 5.50 percent for senior citizens
• 46 days to 60 days: 5.75 percent for general public; 5.75 percent for senior citizens
• 61 days to less than 3 months: 6 percent for general public; 6 percent for senior citizens
• 3 months to less than 4 months: 6.75 percent for general public; 6.75 percent for senior citizens
• 4 months to less than 5 months: 6.75 percent for general public; 6.75 percent for senior citizens
• 5 months to less than 6 months: 6.75 percent for general public; 6.75 percent for senior citizens
• 6 months to less than 7 months: 7 percent for general public; 7 percent for senior citizens
• 7 months to less than 8 months: 7 percent for general public; 7 percent for senior citizens
• 8 months to less than 9 months: 7 percent for general public; 7 percent for senior citizens
• 9 months to less than 10 months: 7.25 percent for general public; 7.25 percent for senior citizens
• 10 months to less than 11 months: 7.25 percent for general public; 7.25 percent for senior citizens
• 11 months to less than 11 months 25 days: 7.25 percent for general public; 7.25 percent for senior citizens
• 11 months 25 days to less than 1 year: 7.25 percent for general public; 7.25 percent for senior citizens
• 1 year to less than 1 year 4 days: 7.55 percent for general public; 7.55 percent for senior citizens
• 1 year 5 days to less than 1 year 11 days: 7.55 percent for general public; 7.55 percent for senior citizens
• 1 year 11 days to less than 1 year 24 days: 7.55 percent for general public; 7.55 percent for senior citizens
• 1 year 25 days to less than 13 months: 7.55 percent for general public; 7.55 percent for senior citizens
• 13 months to less than 14 months: 7.55 percent for general public; 7.55 percent for senior citizens
• 14 months to less than 15 months: 6.70 percent for general public; 7.20 percent for senior citizens
• 15 months to less than 16 months: 7.50 percent for general public; 7.50 percent for senior citizens
• 16 months to less than 17 months: 7.45 percent for general public; 7.45 percent for senior citizens
• 17 months to less than 18 months: 7.45 percent for general public; 7.45 percent for senior citizens
• 18 months to less than 2 years: 7.45 percent for general public; 7.45 percent for senior citizens
• 2 years to less than 30 months: 7.20 percent for general public; 7.20 percent for senior citizens
• 30 months to less than 3 years: 7.20 percent for general public; 7.20 percent for senior citizens
• 3 years to less than 5 years: 7.20 percent for general public; 7.20 percent for senior citizens
• 5 years to 10 years: 7.20 percent for general public; 7.20 percent for senior citizens.

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