Leading banks such as SBI and HDFC Bank have increased their fixed deposit (FD) interest rates across tenors. SBI has increased FD rates by 75 basis points or bps (0.75%)—from 4.75% to 5.5% for ...

While the concept of fixed deposits is similar across banks, choosing the right bank for your FD can make a significant ...

Investors in bank fixed deposits (FDs) have several common questions, like whether to invest in FD with a small finance bank or a private bank, parameters to evaluate before investing in FDs ...

State Bank of India (SBI): The largest lender offers a 6.5 per cent annualised return on a 10-year fixed deposit, whereas senior citizens are entitled to get an annualised return of 7.5 per cent.

It is important to understand the premature withdrawal rules on bank fixed deposits in case of an emergency.(iStock) Fixed deposit withdrawal rule: Indian banks have increased their deposit ...

HDFC Bank has revised fixed deposit tenures and interest rates below Rs 2 crore, effective June 10, 2024. The peak interest rate of 7.25% is applicable to deposits with tenures between 18 months ...

Fixed deposits are a hugely popular way of growing money since they assure fixed returns and aren't influenced by volatility like the stock market. A series of both private and public banks are ...

The Fixed Deposit interest rate ... On Friday, Suryodaya Small Finance Bank (SSFB) increased its FD rate to 9.6% on senior citizen deposits below Rs 2 crore for 5 years. For regular customers ...

The interest rates offered by banks on fixed deposits depend on factors such as the deposit's tenure, amount, depositor's age (i.e. senior citizens or non-senior citizens), and the specific bank.

State Bank of India (SBI) and HDFC Bank are set to close their special fixed deposit schemes on March 31, 2025, which they had declared earlier. These schemes offer higher interest rates compared ...