Fixed Deposit Interest Rates of Major Banks (August 2023)
In this article you will find the Fixed Deposit interest rates provided by major banks in India. These FD interest rates are as on last updated by the banks on their respective websites.
Fixed Deposit Interest Rates of Major Banks August 2023
- Senior citizens attract an additional 0.50% on their FD interest rates. All most of all the banks provides additional 0.50%.
- Currently, IndusInd Bank (1-10 years) and IDFC First Bank (1-3 years) are offering competitive interest rates on FD (7.50%-7.75%) for respective tenures.
- The above tenures are not common to all the banks. Some banks may have different tenures and may be presented in a different manner. Some may also have some extra tenures.
- The above interest rates are for deposits less than Rs. 1 crore and in some cases less than Rs. 5 crores. (as specified by the bank on their website)