1/5
FD interest rates
The list of banks whose interest rates on fixed deposits were decreased in October 2023 is provided below.
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2/5
Yes Bank
Yes Bank will now pay a 7.25% rate on FDs maturing in one year to less than 18 months (from earlier 7.50), The bank offers highest interest rate of 7.50% now on FDs maturing in 18 months to less than 36 months (from earlier 7.75%)
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3/5
HDFC Bank
Earlier, the bank was offering 7.20% on tenure of 35 months and 7.25% on tenure of 55 months. According to the HDFC Bank website, Enjoy HIGHER FD Rates @7.15% on tenure 35 months and @7.20% on tenure 55 months. What’s more? Senior Citizen benefits 0.50% EXTRA!…So Hurry! Valid for Limited Period only!”
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4/5
Bank of Baroda
The bank will offer a highest interest rate of 7.25 per cent on FD tenures of above two years and up to three years from 7.05%, an hike of 20 bps. On special deposit of Baroda Tiranga Plus Deposit Scheme with 399 days tenure, the bank reduced FD interest rate by 10 bps from 7.25% to 7.15%.
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5/5
Axis Bank
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