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FinanceLane
Home News Feed Advisory

Which bank offers highest FD interest rates: SBI vs HDFC Bank vs ICICI Bank

FinanceLanebyFinanceLane
August 16, 2022
in Advisory, Investments, News Feed, Savings, Tax Planning, Wealth
Reading Time: 1 min read

HDFC Bank

According to the HDFC Bank website, effective June 17, 2022, 7 days to 29 days FD will now earn 2.75 percent, up from 2.50 percent. For tenor 30 days to 90 days, the bank will now offer 3.25 percent, up from 3 percent. For tenure 91 days to 6 months FDs will earn 3.75 percent, up from 3.50 percent, and 1 year to 2 years FDs will earn 5.35 percent, up from 5.10 percent. Now the interest rate offered on 2 years 1 day to 3 years is 5.50 percent from earlier 5.40 percent. The interest rate is increased to 5.70 percent for deposit tenure 3 years 1 day- 5 years from 5.60 percent.

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