Know About FD Rates of Private Banks

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FD Rates Of HDFC Bank, ICICI Bank, YES BANK, SBI Bank
FD Rates Of HDFC Bank, ICICI Bank, YES BANK, SBI Bank

FD Rates Of HDFC Bank, ICICI Bank, YES BANK, SBI Bank

Revision in Interest Rates on Domestic Bulk Term Deposits (Rs.1-10 crs) W.E.F. 24.11.20[td_smart_list_end]16

The revised Interest rates on ‘Domestic Bulk Term deposits (Rs.1-10 crs) with effect from 24th November 2016 will be as per following table:

(All figures in % per annum)

Tenors Existing w.e.f. 17.11.2016 Revised w.e.f 24.11.2016 Existing for Senior Citizen w.e.f 17.11.2016 Revised for Senior Citizen w.e.f. 24.11.2016
7 days to 45 days
5.00
3.75
5.50
4.25
46 days to 179 days
5.50
3.85
6.00
4.35
180 days to 210 days
5.75
3.85
6.25
4.35
211 days to less than 1 year
5.75
4.00
6.25
4.50
1 year to 455 days
6.00
4.25
6.50
4.75
456 days to less than 2 years
6.00
4.25
6.50
4.75
2 years to less than 3 years
6.00
4.25
6.50
4.75
3 years to less than 5 years
5.50
4.25
6.00
4.75
5 years and up to 10 years
5.50
4.25
6.00
4.75

 

Revision In Interest Rates On Domestic Bulk Term Deposites (above Rs. 10 crs) W.E.F. 24.11.2016

The revised Interest rates on ‘Domestic Bulk Term deposits (above Rs. 10 crs) with effect from 24th November 2016 will be as per following table:

(All figures in % per annum)

Tenors Existing w.e.f. 17.11.2016 Revised w.e.f 24.11.2016 Existing for Senior Citizen w.e.f 17.11.2016 Revised for Senior Citizen w.e.f. 24.11.2016
7 days to 45 days
4.75
3.75
5.25
4.25
46 days to 179 days
5.25
3.85
5.75
4.35
180 days to 210 days
5.50
3.85
6.00
4.35
211 days to less than 1 year
5.50
4.00
6.00
4.50
1 year to 455 days
5.50
4.25
6.00
4.75
456 days to less than 2 years
5.50
4.25
6.00
4.75
2 years to less than 3 years
5.50
4.25
6.00
4.75
3 years to less than 5 years
5.00
4.25
5.50
4.75
5 years and up to 10 years
5.00
4.25
5.50
4.75

 

Premature payment of Bulk term deposits:

Premature penalty for Bulk Term Deposits for all tenors will be 1%. It will be applicable for all new deposits including renewals. There is no discretion for reduction/waiver of penalty for premature withdrawal of term deposit

The revised rates of interest shall be made applicable to fresh deposits and renewals of maturing deposits. The interest rates on NRO term deposits shall be aligned as per the rates for domestic term deposits. These rates of interest shall also be made applicable to domestic term deposits from Cooperative Banks.

ICICI BANK

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Interest Rates

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Savings Account

Fixed Deposits (with premature withdrawal facility)

 

Interest rates on Domestic, NRO & NRE deposits(Less than ₹ 1 crore)

 

Tenure Period Rate of Interest (% p.a.) w.e.f July 19, 2017
General Senior Citizen*
7 days to 14 days 4.00 4.50
15 days to 29 days 4.25 4.75
30 days to 45 days 5.50 6.00
46 days to 60 days 5.75 6.25
61 days to 90 days 6.00 6.50
91 days to 120 days 6.00 6.50
121 days to 184 days 6.00 6.50
185 days to 289 days 6.25 6.75
290 days to less than 1 year 6.50 7.00
1 year to 389 days 6.75 7.25
390 days to 2 years 6.75 7.25
2 years 1 day upto 5 years 6.50 7.00
5 years 1 day upto 10 years 6.50 7.00
5 Years Tax saver FD(Max upto Rs. 1.50 lac) 6.50 7.00

 

Note

  • As interest rates are subject to change without prior notice, the depositor shall ascertain the rates on the value date of FD.
  • Interest earned on the Fixed Deposit will be subject to Tax Deducted at Source as per Income Tax laws.
  • Minimum tenure for Domestic & NRO term deposits is 7 days and no interest is payable for deposits prematurely withdrawn within the period of 7 days from the date of deposit.
  • Minimum tenure for NRE term deposits is 1 year and no interest is payable for deposits prematurely withdrawn within the period of 1 year from the date of deposit.
  • These revised interest rates will be applicable for new deposits and renewal of existing term deposits.
  • *Senior Citizen rates applicable only for domestic term deposit.
  • #The maximum aggregate amount that can be invested in the Tax Saver FD (80C FD) under a single PAN is ₹150,000 and the same cannot be closed prematurely before the expiry of the lock-in period of 5 years.
  • ICICI bank staff (including retired staff) will get additional 1% rate of interest on domestic deposit below ₹ 1 Cr.

 

HDFC BANK

Domestic / NRO / NRE TERM DEPOSITS

(Senior Citizen Rates do not apply to NRIs | Minimum tenor for NRE Deposit is 1 Year.)

Period < 1 Crore >=1 Crore to < 5 Crores
Interest Rate
(per annum)
**Senior Citizen Rates
(per annum)
Interest Rate
(per annum)
**Senior Citizen Rates
(per annum)
7 – 14 days 3.50% 4.00% 4.25% 4.75%
15 – 29 days 4.25% 4.75% 4.25% 4.75%
30 – 45 days 5.50% 6.00% 4.25% 4.75%
46 – 60 days 5.75% 6.25% 6.00% 6.50%
61 – 90 days 5.75% 6.25% 6.00% 6.50%
91 days – 6 months 5.75% 6.25% 5.25% 5.75%
6 mnths 1 day- 6 mnths 3 days 6.00% 6.50% 5.25% 5.75%
6 mnths 4 days 6.00% 6.50% 6.25% 6.75%
6 mnths 5 days- 9 mnths 6.00% 6.50% 5.25% 5.75%
9 mnths 1 day- 9 mnths 3 days 6.00% 6.50% 5.25% 5.75%
9 mnths 4 days 6.00% 6.50% 6.25% 6.75%
9 months 5 days – 9 months 15 days 6.00% 6.50% 5.25% 5.75%
9 months 16 days 6.25% 6.75% 5.25% 5.75%
9 months 17 days < 1 Year 6.25% 6.75% 5.25% 5.75%
1 Year 6.80% 7.30% 4.90% 5.40%
1 year 1 day – 1 year 3 days 6.80% 7.30% 4.90% 5.40%
1 year 4 days 6.25% 6.75% 6.50% 7.00%
1 year 5 days – 1 Year 15 Days 6.25% 6.75% 5.00% 5.50%
1 Year 16 days 6.25% 6.75% 5.00% 5.50%
1 year 17 days – 2 Years 6.25% 6.75% 5.00% 5.50%
2 years 1day – 2 Years 15 days 6.00% 6.50% 4.85% 5.35%
2 Years 16 days 6.00% 6.50% 4.85% 5.35%
2 years 17 days – 3 Years 6.00% 6.50% 4.85% 5.35%
3 years 1day – 5 years 6.00% 6.50% 4.85% 5.35%
5 Years 1 Day – 8 Years 6.00% 6.50% 4.85% 5.35%
8 Years 1 Day – 10 Years 6.00% 6.50% 4.85% 5.35%

 

 

YES BANK FD RATES

FD Rates Of HDFC Bank, ICICI Bank, YES BANK, SBI Bank
FIXED DEPOSIT

Fixed Deposit schemes that secure your savings & earn higher returns your future

A steady source of income is imperative at all points in your life. At YES BANK, we understand this need for security. Our secure Fixed Deposits provide you greater earnings with the flexibility of maintaining your funds in accessible units; therefore, you do not need to break the entire deposit. Enjoy this privilege in different ways as YES BANK offers you a range of Fixed Deposit schemes that give you a good rate of interest, thereby providing you with a strong sense of security.

Tax Saver Deposits – Five years tax-free Fixed Deposit (Interest Rates same as Regular Fixed Deposits)

Important Points:

  • Interest on deposits is payable either quarterly or compounded quarterly (i.e., reinvestment of interest) or monthly at a discounted value at the option of the depositor
  • For deposits with tenure of below 6 months 1 day, the interest is calculated at maturity as Simple Interest*
  • As per changes in the Finance Bill 2015, effective 1st June 2015, TDS on Term Deposits in now applicable at Bank level instead of branch level.
  • As per section 206AA introduced by Finance (No. 2) Act, 2009 w.e.f. 01.04.2010, every person who receives income on which TDS is deductible shall furnish his PAN, failing which TDS shall be deducted at the rate of 20% (as against 10% which is the existing TDS rate) in case of Domestic deposits and 30.90% in case of NRO deposits
  • In the absence of PAN, Form 15G/H and other exemption certificates will be invalid even if submitted & penal TDS will be applicable
  • Customer can submit form 15G/H to avail benefit of TDS exemption. In case the amount in 15G/H exceeds the applicable minimum tax exemption limit, the form would not be valid
  • Please visit your nearest YES BANK branch to submit or confirm updation of your PAN with the bank
  • Fixed Deposits with value of less than Rs. 1 Crore can be booked on our Net Banking portal. For Fixed Deposit with value of more than or equal to Rs. 1 Crore, please visit our Branch or speak to your Financial Advisor

Fixed Deposit Interest Rates

RESIDENT FIXED DEPOSIT INTEREST RATES (% p.a)**

Period

Rates for < 1 Crore  w.e.f 18th March 2017

Regular

Senior Citizen***

Interest Rates

Annualised Yield^

Interest Rates

Annualised Yield^

7 to 45 days

5.75%

5.75%

6.25%

6.25%

46 to 90 days

6.95%

6.95%

7.45%

7.45%

3 months to < 6 months

7.00%

7.00%

7.50%

7.50%

6 months to < 9 months

7.00%

7.06%

7.50%

7.57%

9 months to < 1 Year

7.00%

7.12%

7.50%

7.64%

1 Years to <= 10 years*

7.10%

7.29%

7.60%

7.82%

*Special Rates
18 Months 8 Days to
18 Months 18 Days

7.15%

7.34%

7.65%

7.87%

36 Months 10 Days to

36 Months 20 Days

7.20%

7.40%

7.70%

7.93%