Like HDFC Bank, it’s also the highest rate of interest offered by ICICI Bank among all the deposit periods. offered to the general public and hence they offer good return on investment. On the given deposit period of 3+ years to 5 years, the ICICI Bank also offers investors an interest rate of 6.10 per cent on deposits below Rs 2 crore, while for senior citizens, the rate is 6.60 per cent. The HDFC FD interest rates are attractive at 7.10 p.a. It’s the highest rate of interest offered by the bank among all the deposit periods. On the given deposit period of 3+ years to 5 years, the PNB offers investors an interest rate of 5.75 per cent on deposits below Rs 2 crore, while for senior citizens, the rate is 6.25 per cent. However, the highest rate offered by the SBI is 5.65 per cent (6.45 per cent for senior citizens) on a deposit of below Rs 2 crore for a period of 5-10 years. For deposits 2 crore to < 5 crore, the base rate is the rate applicable to deposits of 2 crores as on the date of booking the deposit.
On the given deposit period of 3+ years to 5 years, the SBI offers investors an interest rate of 5.60 per cent on deposits below Rs 2 crore, while for senior citizens, the rate is 6.10 per cent. The interest rate applicable on such withdrawal will be the contracted rate or the base rate applicable for the period the deposit has remained with the bank, whichever is lower.
Aadhaar-PAN Link Fees: How to pay Rs 1000 and what will happen after June 30, 2023? State Bank of India (SBI)
