After the RBI’s Monetary Policy Committee (MPC) just lately raised the important thing repo charge by 50 foundation factors, the fourth consequent hike since May to regulate inflation. The back-to-back repo charge hikes have additionally prompted the banks to boost rates of interest on each deposits and loans. The lenders have raised rates of interest on fastened deposits prior to now few months.
Here’s the comparability of the present fastened deposit (FD) rates of interest supplied by three lenders ICICI Bank, Kotak Mahindra Bank and HDFC Bank on deposits beneath Rs 2 crore:
ICICI Bank’s FD Interest Rates (Below Rs 2 Crore):
7 days to 14 days: For General Public – 3.00 per cent; For Senior Citizens – 3.50 per cent
15 days to 29 days: For General Public – 3.00 per cent; For Senior Citizens – 3.50 per cent
30 days to 45 days: For General Public – 3.50 per cent; For Senior Citizens – 4.00 per cent
46 days to 60 days: For General Public – 3.50 per cent; For Senior Citizens – 4.00 per cent
61 days to 90 days: For General Public – 3.50 per cent; For Senior Citizens – 4.00 per cent
91 days to 120 days: For General Public – 4.25 per cent; For Senior Citizens – 4.75 per cent
121 days to 150 days: For General Public – 4.25 per cent; For Senior Citizens – 4.75 per cent
151 days to 184 days: For General Public – 4.25 per cent; For Senior Citizens – 4.75 per cent
185 days to 210 days: For General Public – 4.90 per cent; For Senior Citizens – 5.40 per cent
211 days to 270 days: For General Public – 4.90 per cent; For Senior Citizens – 5.40 per cent
271 days to 289 days: For General Public – 4.90 per cent; For Senior Citizens – 5.40 per cent
290 days to lower than 1 yr: For General Public – 4.90 per cent; For Senior Citizens – 5.40 per cent
1 yr to 389 days: For General Public – 5.70 per cent; For Senior Citizens – 6.20 per cent
390 days to lower than 15 months: For General Public – 5.70 per cent; For Senior Citizens – 6.20 per cent
15 months to lower than 18 months: For General Public – 5.70 per cent; For Senior Citizens – 6.20 per cent
18 months to 2 years: For General Public – 5.70 per cent; For Senior Citizens – 6.20 per cent
2 years 1 day to three years: For General Public – 5.80 per cent; For Senior Citizens – 6.30 per cent
3 years 1 day to five years: For General Public – 6.10 per cent; For Senior Citizens – 6.60 per cent
5 years 1 day to 10 years: For General Public – 6.00 per cent; For Senior Citizens – 6.60 per cent.
Kotak Mahindra Bank’s Latest FD Interest Rates:
7 days to 14 days – For General Public: 2.50 per cent; For Senior Citizens: 3.00 per cent
15 days to 30 days – For General Public: 2.65 per cent; For Senior Citizens: 3.15 per cent
31 days to 45 days – For General Public: 3.25 per cent; For Senior Citizens: 3.75 per cent
46 days to 90 days – For General Public: 3.25 per cent; For Senior Citizens: 3.75 per cent
91 days to 120 days – For General Public: 3.75 per cent; For Senior Citizens: 4.25 per cent
121 days to 179 days – For General Public: 3.75 per cent; For Senior Citizens: 4.25 per cent
180 days – For General Public: 5.00 per cent; For Senior Citizens: 5.50 per cent
181 days to 269 days – For General Public: 5.00 per cent; For Senior Citizens: 5.50 per cent
270 days – For General Public: 5.00 per cent; For Senior Citizens: 5.50 per cent
271 days to 363 days – For General Public: 5.25 per cent; For Senior Citizens: 5.75 per cent
364 days – For General Public: 5.50 per cent; For Senior Citizens: 6.00 per cent
one year to 389 days – For General Public: 6.00 per cent; For Senior Citizens: 6.50 per cent
390 days (12 months 25 days)- For General Public: 6.10 per cent; For Senior Citizens: 6.60 per cent
391 days to lower than 23 months – For General Public: 6.10 per cent; For Senior Citizens: 6.60 per cent
23 months – For General Public: 6.20 per cent; For Senior Citizens: 6.70 per cent
23 months 1 days to lower than 2 years – For General Public: 6.20 per cent; For Senior Citizens: 6.70 per cent
2 years to lower than 3 years – For General Public: 6.20 per cent; For Senior Citizens: 6.70 per cent
3 years and above however lower than 4 years – For General Public: 6.10 per cent; For Senior Citizens: 6.60 per cent
4 years and above however lower than 5 years – For General Public: 6.10 per cent; For Senior Citizens: 6.60 per cent
5 years and above as much as and inclusive of 10 years – For General Public: 6.10 per cent; For Senior Citizens: 6.60 per cent.
HDFC Bank’s Latest FD Interest Rates:
7 days to 14 days: For General Public – 2.75 per cent; For Senior Citizens – 3.25 per cent
15 days to 29 days: For General Public – 2.75 per cent; For Senior Citizens – 3.25 per cent
30 days to 45 days: For General Public – 3.25 per cent; For Senior Citizens – 3.75 per cent
46 days to 89 days: For General Public – 3.25 per cent; For Senior Citizens – 3.75 per cent
90 days to six months: For General Public – 3.75 per cent; For Senior Citizens – 4.25 per cent
6 months 1 days to 9 months: For General Public – 4.65 per cent; For Senior Citizens – 5.15 per cent
9 months 1 day to lower than 1 yr: For General Public – 4.65 per cent; For Senior Citizens – 5.15 per cent
1 yr: For General Public – 5.50 per cent; For Senior Citizens – 6.00 per cent
Above 1 yr to 2 years: For General Public – 5.50 per cent; For Senior Citizens – 6.00 per cent
Above 2 Years to three Years: For General Public – 5.50 per cent; For Senior Citizens – 6.00 per cent
Above 3 years to five years: For General Public – 6.10 per cent; For Senior Citizens – 6.60 per cent
Above 5 years to 10 years: For General Public – 5.75 per cent; For Senior Citizens – 6.50 per cent.
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