Fixed deposit is called time deposit in post office. But, do you know how much interest is given in post office time deposit and SBI FD and where is the interest higher.

Since people across the country like to invest money in State Bank of India and Post Office schemes and FDs, it is important for you to know which of these two gives higher interest on FD and in how many years the money doubles.

What is the interest rate on SBI FD?

India’s largest public sector bank, State Bank of India, offers interest on FDs based on the deposit tenure. SBI offers interest in the range of 6.25% to 6.30% for FDs with tenures of 1 to 5 years.

– The interest rate on FDs with tenors of one year and less than 2 years is 6.25%.

– The interest rate on FDs with tenors of two years and less than three years is 6.45%.

– The interest rate on FDs with tenures of three years and less than 5 years is 6.30%.

Interest rates in Post Office Time Deposits

The interest rate in Post Office Time Deposits is higher than SBI.

– The interest rate on post office time deposit for one year is 6.9%.

– The interest rate on Post Office Time Deposit for 2 years is 7.0%.

– The interest rate on Post Office Time Deposit for 3 years is 7.1%.

– The interest rate on Post Office Time Deposit for 5 years is 7.5%.

Where money doubles quickly

If the interest on SBI FD and Post Office Time Deposit is calculated as per Rule 72, then money doubles quickly in Post Office Time Deposit. Because, Post Office gives 7.50% interest on a period of 5 years, so the money doubles in 9.5 years.

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State Bank of India (SBI) cuts FD rates by up to 75 bps

The country’s largest public sector bank SBI has reduced the interest rates on fixed deposits by up to 75 basis points (bps) on various tenures. The new rates have come into effect from June 15, 2025. Now common citizens will get interest ranging from 3.50% to 6.50% on FDs ranging from 7 days to 10 years. Senior citizens will continue to get 50 bps additional interest on certain tenures. Apart from this, SBI has also reduced the interest rate on savings account from 2.70% to 2.50%.

HDFC Bank new rates

HDFC Bank has reduced interest rates on FDs of less than Rs 3 crore. Now the interest rate on these FDs will be between 3.00% to 7.00%. The highest interest rate of 7.00% is being given on FDs of less than 2 years and less than 3 years. Along with this, the bank has also reduced the interest rate on savings account by 25 bps. Now 3.00% interest will be given on balance less than Rs 50 lakh and 3.50% interest will be given on balance of Rs 50 lakh or more.

ICICI Bank also reduced FD rates

ICICI Bank has changed the interest rates on FDs of less than Rs 3 crore from June 12, 2025. Now the interest rates range from 3.00% to 7.20%. The highest interest of 7.20% is being given on FDs of 13 months to 2 years.

There has been a reduction of 5 to 25 bps on other tenures as well. Especially the short-term deposits are seeing the biggest impact.

Kotak Mahindra Bank implemented new rates

Kotak Mahindra Bank has changed the FD rates from 12 June 2025. Now the interest rates on FDs of less than Rs 3 crore in the bank range from 2.75% to 7.25%. The highest interest rate of 7.25% is being offered on FDs of 390 days. There has been a reduction of 5 to 15 bps on other periods.

impact of reduction in interest rates

The direct impact of the reduction in repo rate by RBI is being seen on the returns on deposits. Usually, banks adjust the rates of FD and savings account as per the change in policy rate. In the coming days, more banks can take steps in this direction. If investors want to get better returns, then investing in long term FD or considering alternative fixed-income instruments can be a good option.

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The post FD Interest Rate: Good news! These 5 banks have increased interest rates on FD, Check new rate first appeared on Rightsofemployees.com.

These new FD rates have come into effect from 16 September 2024. Federal Bank is offering interest rates ranging from 3% to 7.4% to general citizens (below 60 years of age). These rates are for FDs ranging from 7 days to 5 years or more. The highest interest rate is 7.4%, which is available on FDs of 777 days and 50 months.

Federal Bank FD Interest Rates for Senior Citizens

For senior citizens aged 60 years or above, the bank is offering interest rates ranging from 3.5% to 7.9%. Senior citizens are getting the highest interest rate of 7.9% on FDs of 777 days and 50 months. With these new interest rates of the bank, investors will get better returns on FDs.

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Federal Bank FD Rates

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The post FD Rate Hike: Good news for holders! This bank has increased interest on FD, check the new rates immediately first appeared on Rightsofemployees.com.

While making a fixed deposit, every investor wants to get the maximum interest rate on his investment. Every bank offers different interest rates on FD. Apart from this, the interest rate also depends on how long you are making the FD.

For example, if you make an FD in State Bank of India (SBI), the interest rate on a three-month FD is 5.5 percent, while on a 1-year FD it increases to 6.8 percent. Today we will tell you about the interest rates (FD Best Interest Rate) offered by the country’s top banks on 5-year FDs.

SBI: State Bank of India is offering an interest rate of 6.5 percent on a five-year FD (SBI FD Interest Rate), while the interest rate on a one-year FD is 6.8 percent. These rates are applicable from May 15, 2024.

ICICI Bank: The private bank is offering an interest rate of 7 percent on five-year FDs while it is offering an interest rate of 6.7 percent on one-year FDs. These rates are applicable from February 17.

HDFC Bank: This largest private sector bank is offering 7 percent interest on five-year FDs while one-year FDs offer an interest rate of 6.6 percent. These rates are applicable from February 9, 2024.

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Bank Of Baroda, BOB: The public sector bank offers an interest rate of 6.50 percent on 5-year fixed deposits while it offers an annual rate of 6.85 percent on one-year FDs. These rates are applicable from January 15, 2024.

Kotak Mahindra Bank: This private sector bank is offering an interest rate of 6.20 percent on five-year fixed deposits while it is offering 7.10 percent interest on one-year FDs. These rates are applicable from February 27, 2024.

Punjab National Bank, PNB: The public sector bank is offering 6.55 percent interest on five-year fixed deposits (FD), while it is offering 6.8 percent interest on one-year FD. These interest rates are applicable from April 12, 2024.

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ICICI Bank and Federal Bank have increased the interest rates on fixed deposits (FD Rate Hike). ICICI Bank has increased the interest rate on bulk FD. The bank will now give more interest on FD ranging from Rs 2 crore to Rs 5 crore. The new rates have come into effect from 8 February 2024.

The bank is now offering maximum interest of 7.40 percent per annum. At the same time, after the Federal Bank has increased the interest rates on FD, customers can get interest at a maximum rate of 8 percent per annum. The new interest rates of Federal Bank have come into effect from 6 February.

ICICI Bank is offering bulk FD ranging from 7 days to 10 years. The bank is offering the highest interest on bulk FDs maturing in 1 year to 389 days. The bank is giving 7.40 interest on FD of this period to both general customers and senior citizens. Federal Bank is offering 7.50 percent interest to ordinary citizens on FD of 500 days, while it is offering 8 percent interest to senior citizens.

ICICI Bank FD Rates

ICICI Bank is now giving 4.75 percent interest to general customers and senior citizens on FDs of 7 days to 14 days and 15 to 29 days. It is giving 5.50 percent interest on FD of 30 days to 45 days. Customers are getting 5.75 percent interest on FD of 46 days to 60 days. 6 percent on FD of 61 days to 90 days,

6.50 percent on FD of 91 days to 120 days, 6.50 percent for 121 days to 150 days and 151 to 184 days, 185 days to 210 days and 211 days to 270 days. The bank is giving 6.75 percent interest. The bank is giving 6.85 percent interest on FD of 271 days to 289 days. ICICI Bank is giving 7.40 percent interest on FD of 1 year to 389 days to general customers and senior citizens.

Federal Bank FD Interest Rate

You can get FD in Federal Bank for a period ranging from 7 days to 10 years. The bank has increased the interest rate for 500 days to 7.50 percent for general people and 8 percent for senior citizens. Is giving. The bank is giving 0.50 percent additional interest to senior citizens. Federal Bank is giving 3 percent interest to customers on FDs maturing in 7 to 29 days and 3.25 percent interest on FDs maturing in 30 to 45 days.

Customers will get 4.00 percent annual interest on FDs maturing in 46 days to 60 days and 4.75 percent annual interest on FDs maturing in 61 days to 119 days. 5 percent on FDs maturing in 120 to 180 days, 5.75 percent on FDs maturing in 181 days to 270 days, 6 percent on FDs maturing in 271 days to less than one year and 1 year to less than 15 months. The bank will give 6.80 percent interest on maturing FD.

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According to the statement, the maximum increase of 1.25 percent has been made in the period of 7-14 days. The interest rate for these deposits has been increased from three percent to 4.25 percent. After this, the interest rate has been increased by one percent to 4.50 percent for the full period of 15-45 days.

Bank of Baroda released new fixed deposit interest rate

Source: BOB

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Maximum getting so much interest

ICICI Bank is now offering the benefit of returns on Fixed Deposits maturing in a period of one year to 15 months at a maximum interest rate of 7.25 per cent. According to the official website of the bank, the new bulk rates have come into effect from May 20 itself.

Let us tell you that even today, most people in the country rely only on FDs for a safe investment option. However, due to the low interest rate in FD, very few people used to invest in it. But due to the increase in the repo rate several times by the Reserve Bank of India, the interest rate on FD is being increased by the banks.

What is the interest rate on FD in ICICI Bank?

ICICI Bank is now offering an interest rate of 4.75 per cent on FDs maturing in 7 days to 29 days. On the other hand, now this bank is offering an interest rate of 5.50 per cent per annum on FDs maturing in 30 days to 45 days. On deposits of 46 days to 60 days, this bank is now giving an interest rate of 5.75 per cent to its customers.

At the same time, this bank is offering 6% interest on FDs of 61 days to 90 days. This bank is now offering its customers an interest of 6.50 per cent per annum on FDs maturing in 91 days to 184 days. On the other hand, this bank is offering an interest rate of 6.65 per cent on FDs maturing in 185 days to 270 days.

How much is the interest on FD for more than 1 year

ICICI Bank is offering an interest rate of 6.75 per cent on FDs maturing in 271 days to less than 1 year. At the same time, this bank is now offering interest at 7.25 per cent on FDs maturing in 1 year to 15 months. ICICI Bank is now offering 7% interest rate to its customers on FDs of 15 months to 2 years. On the other hand, this bank is offering interest at 6.75 per cent on FDs maturing in 2 years, 1 day to 10 years.

The post FD Rate Changed: ICICI Bank has made a big change in the fixed deposit interest rate, know the latest rate first appeared on Rightsofemployees.com.

This bank is now giving interest ranging from 3.25% to 7% to the general public on FDs maturing in 7 days to 10 years. At the same time, this interest rate for senior citizens ranges from 3.75 percent to 7.75 percent.

How much interest is available on FD of 18 months to 36 months

Yes Bank is now offering interest up to 7.75 per cent to the general public and 8.25 per cent to senior citizens on FDs of 18 months to 36 months. This new interest rate has become effective from 2 May 2023 only. Yes Bank is now paying 2.25% interest on FDs maturing in 7 days to 14 days. At the same time, the interest rate on FDs maturing in 15 to 45 days is 3.70 percent. This interest rate is 4.10 per cent for FDs maturing in 46 to 90 days and 4.75 per cent for FDs maturing in 91 to 180 days.

Getting more than 7 percent interest on this period

Yes Bank’s FD maturing between 181 days to 271 days is being given interest at the rate of 6 per cent. At the same time, investors are being given an interest rate of 6.25 percent on FDs with a tenure of 271 days to 1 year. At the same time, an interest rate of 7.50% is being given on FDs maturing between 1 year and 18 months. While FD with a period of 18 months to 36 months is being given an interest rate of 7.75%. At the same time, the interest rate on FDs maturing in 36 months to 120 months is up to 7 percent. On the other hand, senior citizens are getting the benefit of extra .50 percent interest rate for a period ranging from 7 days to less than 3 years.

Related Article

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Many small banks are now offering up to 9.25% interest for senior citizens . However, it also includes many big banks which are giving interest ranging from 8 to 8.50%. Let us tell you, Utkarsh Small Finance Bank is giving up to 9.25% interest on 700 days fixed deposit to its senior citizens.

In such a situation, it is being speculated that if RBI increases the repo rate once again in April. So banks can give more interest on FD. In such a situation, debt and fixed income can prove to be better at this time for excellent returns, especially when there is a lot of volatility in the equity market.

Kotak and SBI increased the interest rates so much

Let us tell you, Kotak Bank is currently giving 7.20% interest on FD of 390 days and 6.2% on FD of 364 days. Whereas, State Bank of India is paying 7.10% interest on 400 days FD. According to experts, while selecting FD, you should look at the period for which you want to invest money. That is, till you do not need the money, you can invest the money till then.

Axis increased 0.40% interest

On Friday, Axis Bank has increased the interest on FD by 0.40%. Bank’s customers will now get 7.15% interest on FDs of 13 months to 24 months, earlier it was 6.75%. Will pay 7.26% interest on FDs of two years to two and a half years. 7% interest is being given on FDs of 30 months to 10 years.

How to choose the right FD tenure for you

While opening FD, do consult your advisor for the period or tenure. According to experts, if you are investing keeping the returns in mind at the time of opening FD, then you should choose a plan that gives good returns. On the other hand, if you want to invest money for a short time, then you can select a plan with a short term period.

Many people open FDs for long term such as 5 or 10 years, while many open FDs of short term such as 1, 2 or 3 years. Everyone does this according to their convenience. Before opening an FD, you must also think about the type of investment you want to make, short term or long term.

keep these things in mind

While opening FD, you must keep some things in mind. With this, you can also avoid losses and keep more information about FD. According to experts, the things that you should take care of, safety, returns, facility of loan on need, tax benefit, charge to be paid for breaking before maturity, all these things are included. Keeping these things in mind, you should invest money in FD.

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The new rates have come into effect from yesterday, November 23. Kotak Bank is offering FDs ranging from 7 days to 10 years to its customers. It is offering interest ranging from 2.75 per cent to 6.20 per cent to general customers. At the same time, senior citizens are being given interest of 3.25 per cent to 6.70 per cent. The bank is paying the highest interest of 7% on FDs ranging from 23 months to 2 years. Earlier, the bank had increased the FD rates on 1 November. Kotak Bank has increased the interest for the second time in a month.

These are the new rates of Kotak Bank

The post Fixed Deposit Interest Rate: Now this private sector bank has increased FD rates, earning opportunity for you first appeared on Rightsofemployees.com.

These rates have come into effect from yesterday Tuesday. Now senior citizens will get 7.85% interest. At the same time, the common people will get a maximum interest of 7.60 per cent on FD. However, senior citizens are getting the highest interest on FDs of 44 months.

He is getting 7.95 per cent interest on it. Common people are getting 7.70 per cent interest on 44-month FD. 6.80% interest will be given on FDs of 12 to 23 months, while 6.95% interest will be given to the common people on special FDs of 15 months.

These will be the new rates

Senior citizens will get 7.05% interest on FDs of 12-23 months, while senior citizens will get 7.20% interest on special FDs of 15 months. The company is also offering you an offer to open FDs of 12 to 60 months. Sachin Sikka, Executive Vice President, Fixed Deposit & Investment, Bajaj Finance said, “Earlier we used to revise rates once in 6 months, but this year we have revised early.

This increase has been done due to increase in repo rate by RBI. Right now 39 months FD has been increased by 25 basis points i.e. 0.25 percent.

Common people are getting this much interest on FD

Bajaj Finance is giving this much interest on FD to senior citizens

Fixed Deposit Interest Rate: Bajaj Finance is giving this much interest to senior citizens.

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Fixed Deposit Interest Rate (FD Interest Rate)

South Indian Bank is offering FD of maturity period from 7 days to 10 years. The bank is now offering interest ranging from 2.65% to 6.00% for general public and 3.15% to 6.50% for senior citizens.

South Indian Bank is giving 2.65% interest to the common citizen on FDs of 7 days to 30 days, while 3.25% interest is being given on Fixed Deposits of 31 days to 90 days. The bank will pay 4.25% interest on FDs of 91 days to 99 days, 5.50% on FDs of 100 days, 4.25% on FDs of 101 days to 180 days, 4.60% on FDs of 181 days and less than 350 days.

The bank is offering 350 days fixed deposit at 7% interest to the common citizens. FDs of 351 days and less than 1 year 4.60%, Fixed deposits of less than 1 year and 30 months 6.40%, Bank is giving 7% interest on FDs maturing in 30 months.

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These new new rates have come into effect from 29 October 2022. Indian Bank has increased interest rates by up to 90 bps on deposits with maturity of 1 year to 5 years or more after the revision.

Here is the new interest rates on FD

The post Fixed Deposit Interest Rate: Now this government bank has increased the interest on FD, check the latest rate first appeared on Rightsofemployees.com.

These new rates have come into effect from 29 October 2022. The bank has implemented these new rates on deposits of less than Rs 2 crore. The bank has increased its FD rates on deposits between Rs 2 crore to Rs 5 crore from 31 October i.e. today.

Rates hiked after RBI hikes repo rate

The post ICICI Bank New FD Interest Rate: ICICI Bank increased interest on FD, check latest rate first appeared on Rightsofemployees.com.

In today’s time, customers are getting good returns on fixed deposit interest rate. Recently the repo rate has been increased by RBI. Since then, banks have also increased the interest rates of FDs. As the Reserve Bank (RBI) is increasing the repo rate, banks are also increasing the FD rate. It is a different matter that loan rates are also getting expensive. Let us tell you that there are some FD schemes which are getting interest up to 7.5 percent. Let us tell you the FD schemes of 10 banks and their interest rates.

Fincare Small Finance Bank is paying the highest interest

In the first place is Fincare Small Finance Bank. Which is giving 7.50 percent interest on FD of 3 to 5 years. In second place is Jana Small Finance Bank which is giving 7.35 percent interest. After this there is the name of Ujjivan Small Finance Bank which is giving 7.20 percent interest on FD of 3 to 5 years. After this the name comes, this bank of Deutsche Bank is giving 7 percent interest to its customers on FDs with maturity of 3-5 years.

Know the interest rates of banks on FD

At the same time, it belongs to Bandhan Bank, which is giving 7 percent interest on FDs of 3 to 5 years. After this, there is the name of AU Small Finance Bank, which is giving 6.90 percent interest to its customers on FDs maturing in 3-5 years.

Indusind Bank is giving interest at the rate of 6.75 percent to its customers. At the same time, Yes Bank is also giving interest on FD to the customers at the same rate. Suryoday Small Finance Bank is the name which is giving 6.75 percent interest on FD (fixed deposit interest) of 3 to 5 years. In the last 10th place is DCB Bank, which is giving 6.60 percent interest on fixed deposits.

Money can work in this way

Suppose if you have bought an FD for 2 years, then the interest earned every quarter will be added to the initial deposit amount. Then in the next quarter interest and interest will be added to the total amount of the deposit. So the interest will keep on increasing with the principal of the FD every quarter.

On the other hand, if you do not want to take FD for 3 to 5 years, then it does not matter. Short tenure FDs are also present in the market. There are FD schemes available from less than 1 year to 3 years. With this FD, you can easily meet your short term FD goals. If there is a big expenditure in two years, then such FD scheme can give you benefit. If you have set a long term goal, then a long term FD will come in handy. In this way you can get good returns from FD.

The post Fixed deposit interest: Highest interest available on FD of 3 to 5 years, check the full list of interest quickly first appeared on Rightsofemployees.com.

The bank is presently offering up to 8.15% interest on deposits with tenures of 2-3 years and 3-5 years to senior citizens. At the same time, customers below 60 years of age are getting maximum 7.65% return on FDs of 2-3 years and 3-5 years.

Unity Small Finance Bank (USFB) has revised the interest rates on its non-callable bulk deposits with effect from 20 August 2022. This bank is offering interest up to 7.1% on term deposits above Rs 2 crore with tenures of 2-3 years and 3-5 years.

Under non-callable deposits, premature withdrawal is not allowed. The USFB said in a statement that the interest on these deposits will be calculated on a quarterly compounded basis for deposits with tenor of 6 months and above. The bank further said that non-callable deposits are not for senior citizens.

IDBI Bank also increased interest rates

The bank has increased the interest rates for term deposits with different tenures for its customers. The bank is now offering 6.55% interest rate on select tenors. The new rates have come into effect from today i.e. 22nd August. Not only this, the bank has also introduced a special 500 days deposit offer for its customers under the Amrit Mahotsav FD scheme. Under this offer, customers will get 6.70 percent return on deposits. However, this offer is for a limited time only and you can take advantage of it till 30 September 2022.

ICICI Bank changes FD rate

Last week, ICICI Bank changed the fixed deposit rates for select tenors. The bank has fixed rates between 5.50% and 6.10% on retail FDs ranging from one year to five years, with an interest rate of 5.50% on one-year deposits. The bank has offered 6.05% interest rate on FDs maturing in one year.

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