Bank FD Rates: Many banks have increased their fixed deposit interest rates during the period and on different amounts of deposits. This is a contagious effect of the Reserve Bank India It raised repo rates by 50 basis points during its bi-monthly Monetary Policy Committee meeting earlier this month to check rising inflation across the country. After this many public and private sector bank fixed deposit interest rates have been increased. For example, ICICI BankHDFC Bank and Bank of India FD Rates There has been an increase in the last two weeks. HDFC Bank FD interest rates have been hiked twice within a week. Some of them are mentioned here.
Bank of India fixed deposit interest rates on deposits below Rs 2 crore from June 23
7 days to 14 days: for general public – 2.85 percent; For senior citizens – 3.35 percent
15 days to 30 days: for general public – 2.85 percent; For senior citizens – 3.35 percent
31 days to 45 days: for general public – 2.85 percent; For senior citizens – 3.35 percent
46 days to 60 days: for general public – 3.85 percent; For senior citizens – 4.35 percent
61 days to 90 days: for general public – 3.85 percent; For senior citizens – 4.35 percent
91 days to 179 days: for general public – 3.85 percent; For senior citizens – 4.35 percent
180 days to 269 days: for general public – 4.35 percent; For senior citizens – 4.85 percent
270 days to less than 1 year: for general public – 4.35 percent; For senior citizens – 4.85 percent
1 year to 443 days: for general public – 5.30 percent; For senior citizens – 5.80 percent
444 days: for general public – 5.40 percent; For senior citizens – 5.90 percent
445 days to less than 2 years: for general public – 5.40 percent; For senior citizens – 5.90 percent
2 years to less than 3 years: for general public – 5.40 percent; For senior citizens – 5.90 percent
3 years to less than 5 years: for general public – 5.35 percent; For senior citizens – 5.85 percent
5 years to less than 8 years: for general public – 5.35 percent; For senior citizens – 5.85 percent
Up to 8 years and 10 years: for general public – 5.35 percent; For senior citizens – 5.85 percent.
Interest rates on ICICI Bank fixed deposits below Rs 2 crore from June 22:
7 days to 14 days: for general public – 2.75 percent; For senior citizens – 3.25 percent
15 days to 29 days: for general public – 2.75 percent; For senior citizens – 3.25 percent
30 days to 45 days: for general public – 3.25 percent; For senior citizens – 3.75 percent
46 days to 60 days: for general public – 3.25 percent; For senior citizens – 3.75 percent
61 days to 90 days: for general public – 3.25 percent; For senior citizens – 3.75 percent
91 days to 120 days: for general public – 3.75 percent; For senior citizens – 4.25 percent
121 days to 150 days: for general public – 3.75 percent; For senior citizens – 4.25 percent
151 days to 184 days: for general public – 3.75 percent; For senior citizens – 4.25 percent
185 days to 210 days: for general public – 4.65 percent; For senior citizens – 5.15 percent
211 days to 270 days: for general public – 4.60 percent; For senior citizens – 5.10 percent
271 days to 289 days: for general public – 4.60 percent; For senior citizens – 5.10 percent
290 days to less than 1 year: for general public – 4.60 percent; For senior citizens – 5.10 percent
1 year to 389 days: for general public – 5.35 percent; For senior citizens – 5.85 percent
390 days to less than 15 months: for general public – 5.35 percent; For senior citizens – 5.85 percent
15 months to less than 18 months: for general public – 5.35 percent; For senior citizens – 5.85 percent
18 months to 2 years: for general public – 5.35 percent; For senior citizens – 5.85 percent
2 years 1 day to 3 years: for general public – 5.50 percent; For senior citizens – 5.85 percent
3 years 1 day to 5 years: for general public – 5.70 percent; For senior citizens – 6.20 percent
5 years 1 day to 10 years: for the general public – 5.75 percent; For senior citizens – 6.50 percent.
Interest rates on HDFC Bank fixed deposits less than Rs 2 crore from June 17
7 days to 14 days: for general public – 2.75 percent; For senior citizens – 3.25 percent
15 days to 29 days: for general public – 2.75 percent; For senior citizens – 3.25 percent
30 days to 45 days: for general public – 3.25 percent; For senior citizens – 3.75 percent
46 days to 60 days: for general public – 3.25 percent; For senior citizens – 3.75 percent
61 days to 90 days: for general public – 3.25 percent; For senior citizens – 3.75 percent
91 days to 120 days: for general public – 3.75 percent; For senior citizens – 4.25 percent
6 months 1 day to 9 months: for general public – 4.65 percent; For senior citizens – 5.15 percent
From 9 months 1 day to less than a year: for general public – 4.65 percent; For senior citizens – 5.15 percent
1 year: for general public – 5.35 percent; For senior citizens – 5.85 percent
1 year 1 day to 2 years: for general public – 5.35 percent; For senior citizens – 5.85 percent
2 years 1 day to 3 years: for general public – 5.50 percent; For Senior Citizens – 6.00 percent
3 years 1 day to 5 years: for general public – 5.70 percent; For senior citizens – 6.20 percent
5 years 1 day to 10 years: for the general public – 5.75 percent; For senior citizens – 6.50 percent
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