{"id":1287564,"date":"2024-12-01T09:44:54","date_gmt":"2024-12-01T04:14:54","guid":{"rendered":"https:\/\/trak.in\/stories\/?p=1287564"},"modified":"2024-12-01T09:50:55","modified_gmt":"2024-12-01T04:20:55","slug":"icici-bank-bob-offering-highest-fd-rates-currently-a-comparison-hdfc-axis-sbi-canara-more","status":"publish","type":"post","link":"https:\/\/trak.in\/stories\/icici-bank-bob-offering-highest-fd-rates-currently-a-comparison-hdfc-axis-sbi-canara-more\/","title":{"rendered":"ICICI Bank, BoB Offering Highest FD Rates Currently: A Comparison (HDFC, AXIS, SBI, Canara &amp; More)"},"content":{"rendered":"\n<p>Fixed deposit (FD) interest rates vary significantly across public and private banks in India, so it&#8217;s advisable to compare different options before investing. Currently, banks typically offer higher interest rates on term deposits with longer durations, while those with shorter tenures tend to have relatively lower interest rates.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"573\" src=\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2024\/12\/Screenshot-2024-12-01-at-9.43.53\u202fAM-1024x573.png\" alt=\"\" class=\"wp-image-1288000\" srcset=\"https:\/\/trak.in\/stories\/wp-content\/uploads\/2024\/12\/Screenshot-2024-12-01-at-9.43.53\u202fAM-1024x573.png 1024w, https:\/\/trak.in\/stories\/wp-content\/uploads\/2024\/12\/Screenshot-2024-12-01-at-9.43.53\u202fAM-300x168.png 300w, https:\/\/trak.in\/stories\/wp-content\/uploads\/2024\/12\/Screenshot-2024-12-01-at-9.43.53\u202fAM-768x430.png 768w, https:\/\/trak.in\/stories\/wp-content\/uploads\/2024\/12\/Screenshot-2024-12-01-at-9.43.53\u202fAM-1536x860.png 1536w, https:\/\/trak.in\/stories\/wp-content\/uploads\/2024\/12\/Screenshot-2024-12-01-at-9.43.53\u202fAM-2048x1147.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><strong>FD Interest Rates Comparison: Major Private and Public Banks<\/strong><\/p>\n\n\n\n<p>We review the fixed deposit offerings of major private and public sector banks, including <a href=\"https:\/\/www.livemint.com\/money\/personal-finance\/fd-interest-rate-fixed-deposits-compare-hdfc-bank-sbi-icici-canara-bank-of-baroda-union-bank-senior-citizens-india-news-11731826175601.html\">HDFC Bank, State Bank of India (SBI), ICICI Bank, Canara Bank, Bank of Baroda (BoB), Axis Bank, and Bank of India (BOI)<\/a>. It&#8217;s important to compare these options before determining where to invest.<\/p>\n\n\n\n<p>HDFC Bank, India&#8217;s largest private lender, offers FD interest rates ranging from 6.60% to 7.00% for regular customers and 7.10% to 7.50% for senior citizens, covering tenures from less than two years to over four years. On the other hand, ICICI Bank offers rates between 7.00% and 7.25% for general customers and 7.50% to 7.80% for senior citizens for similar tenures.<\/p>\n\n\n\n<p><strong>FD Interest Rates Offered by Public Sector Banks (PSBs)<\/strong><\/p>\n\n\n\n<p>Among public sector banks (PSBs), State Bank of India (SBI), the largest lender, offers FD interest rates ranging from 3.50% to 6.50% for general customers and 4.00% to 7.50% for senior citizens, covering tenures from under two years to over four years. Canara Bank provides rates of 6.25% to 6.70% for regular customers and 6.40% to 6.87% for senior citizens. Bank of Baroda (BoB) offers 6.50% to 7.15% for general customers and 7.00% to 7.50% for senior citizens, while Bank of India (BOI) provides 6.00% to 7.30% for general customers and 6.75% to 7.75% for senior citizens.<\/p>\n\n\n\n<p>Here, we provide a list of FD interest rates offered by banks for term deposits ranging from short to long tenures\u2014i.e., deposits of less than two years to more than four years. Please note that these rates apply to domestic term deposits of less than \u20b93 Crore, as per the information available on each bank&#8217;s website at 2 pm on November 17.<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td colspan=\"3\">Compare Bank FDs Interest Rates<\/td><\/tr><tr><td>Bank Name<\/td><td>General (per cent)<\/td><td>Senior Citizens (per cent)<\/td><\/tr><tr><td>SBI<\/td><td>3.50-6.50<\/td><td>4.00-7.50<\/td><\/tr><tr><td>HDFC Bank<\/td><td>6.60-7.00<\/td><td>7.10-7.50<\/td><\/tr><tr><td>ICICI Bank<\/td><td>7.25-7.00<\/td><td>7.80-7.50<\/td><\/tr><tr><td>Canara Bank<\/td><td>6.25-6.70<\/td><td>6.40-6.87<\/td><\/tr><tr><td>Bank of Baroda<\/td><td>6.50-7.15<\/td><td>7.00-7.50<\/td><\/tr><tr><td>Axis Bank<\/td><td>7.00-7.25<\/td><td>7.50-7.75<\/td><\/tr><tr><td>Bank of India<\/td><td>6.00-7.30<\/td><td>6.75-7.75<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><a href=\"https:\/\/www.businesstoday.in\/personal-finance\/investment\/story\/tax-saving-fixed-deposits-bank-fd-schemes-vs-post-office-schemes-which-one-should-you-choose-375309-2023-03-29\">Image Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fixed deposit (FD) interest rates vary significantly across public and private banks in India, so it&#8217;s advisable to compare different options before investing. Currently, banks typically offer higher interest rates on term deposits with longer durations, while those with shorter tenures tend to have relatively lower interest rates. FD Interest Rates Comparison: Major Private and [&hellip;]<\/p>\n","protected":false},"author":26,"featured_media":1288000,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[187],"tags":[1825,873,610],"class_list":["post-1287564","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-banking","tag-fixed-deposit","tag-hdfc-bank","tag-icici-bank"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>ICICI Bank, BoB Offering Highest FD Rates Currently: A Comparison (HDFC, AXIS, SBI, Canara &amp; More) - Trak.in - Indian Business of Tech, Mobile &amp; Startups<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/trak.in\/stories\/icici-bank-bob-offering-highest-fd-rates-currently-a-comparison-hdfc-axis-sbi-canara-more\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ICICI Bank, BoB Offering Highest FD Rates Currently: A Comparison (HDFC, AXIS, SBI, Canara &amp; More) - Trak.in - Indian Business of Tech, Mobile &amp; Startups\" \/>\n<meta property=\"og:description\" content=\"Fixed deposit (FD) interest rates vary significantly across public and private banks in India, so it&#8217;s advisable to compare different options before investing. 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