New Delhi: An individual can put money into FDs, if his or her threat urge for food may be very low. On the opposite hand, if you’re threat averse stick with fastened deposits as the benefits far outweigh the disadvantages.
The RBI financial coverage adjustments like repo fee, the bottom fee, and others decide the rates of Fixed deposit (FD) of banks.
Here is a comparability of FD rates from main lenders like State Bank of India (SBI), Punjab Naional Bank (PNB), ICICI Bank, HDFC Bank, and Axis Bank. These banks present FD tenures starting from 7 days to 10 years.
Check the latest FD curiosity rates given by PNB, Axis Bank, SBI, HDFC Bank and ICICI Bank:
SBI
7 days to 45 days: 2.9 p.c
46 days to 179 days: 3.9 p.c
180 days to 210 days: 4.4 p.c
211 days to 364 days: 4.4 p.c
1 yr to lower than 2 years: 5 p.c
2 years to lower than 3 years: 5.1 p.c
3 years to lower than 5 years: 5.3 p.c
5 years and as much as 10Â years: 5.4 p.c
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PNB (Rate efficient since May 1)
7 days to 14 days: 3.00 p.c
15 days to 29 days: 3.00 p.c
30 days to 45 days: 3.00 p.c
46 days to 90 days: 3.25 p.c
91 days to 179 days: 4.00 p.c
180 days to 270 days: 4.40 p.c
271 days – 1 yr: 4.50 p.c
Duration as much as 1 yr: 5.10 p.c
1 yr – as much as 2 years: 5.10 p.c
2 years – as much as 3 years: 5.10 p.c
3 years – 5 years: Â as much as 5.25 p.c
5 years – 10 years: as much as 5.25 p.c
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Axis Bank (Rate efficient since May 6)
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7 – 29 days: 2.5 p.c
30 days – < 3 months: 3 p.c
3 months- < 6 months: 3 p.c
6 months-Â < 1 yr: 4.4 p.c
1 yr – < 1 yr 5 days: 5.1 p.c
1 yr 5 days- < 1 yr 11 days: 5.15 p.c
1 yr 11 days- < 15 months: 5.1 p.c
15 months  – < 18 months: 5.2 p.c
18 months – < 2 years: 5.25 p.c
2 years – < 30 months: 5.4 p.c
3o months – < 5 years: 5.4 p.c
5 years to 10 years: 5.75 p.c
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HDFC Bank
7 – 14 days: 2.50 p.c
15 – 29 days: 2.50 p.c
30 – 45 days: 3.00 p.c
46 – 60 days: 3.00 p.c
61 – 90 days: 3.00 p.c
91 days -6 months: 3.50 p.c
6 months – 9 months: 4.40 p.c
9 months 1 day < 1 Year: 4.40 p.c
1 Year: Â 4.90 p.c
1 yr 1 day – 2 years: 4.90 p.c
2 years 1 day – 3 years: 5.15 p.c
3 yr 1 day- 5 years: 5.30 p.c
5 years 1 day – 10 years: 5.50 p.c
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ICICI Bank
7 days to 29 days: 2.50 p.c
30 days to 90 days: 3.00 p.c
91 days to 184 days: 3.50 p.c
185 days to 364 days: 4.40 p.c
1 yr to < 18 months: 4.90 p.c
18 months to 2 yr: 5.00 p.c
2 years 1 day to three years: 5.15 p.c
3 years 1 day to five years: 5.35 p.c
5 years 1 day to 10 years: 5.50 p.c
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