The RBI’s Monetary Policy Committee is scheduled to fulfill subsequent week to determine on the rates of interest within the nation. The panel has hiked rates of interest thrice up to now three assessment conferences since May. Following this, banks have additionally been elevating rates of interest for the previous few months.
Here’s the comparability of the present mounted deposit (FD) rates of interest provided by three lenders Axis Bank, Kotak Mahindra Bank and HDFC Bank on deposits beneath Rs 2 crore:
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: 5.00 per cent; For Senior Citizens: 5.50 per cent
364 days – For General Public: 5.25 per cent; For Senior Citizens: 5.75 per cent
three hundred and sixty five days to 389 days – For General Public: 5.75 per cent; For Senior Citizens: 6.25 per cent
390 days (12 months 25 days)- For General Public: 6.00 per cent; For Senior Citizens: 6.50 per cent
391 days to lower than 23 months – For General Public: 6.00 per cent; For Senior Citizens: 6.50 per cent
23 months – For General Public: 6.10 per cent; For Senior Citizens: 6.60 per cent
23 months 1 days to lower than 2 years – For General Public: 6.10 per cent; For Senior Citizens: 6.60 per cent
2 years to lower than 3 years – For General Public: 6.10 per cent; For Senior Citizens: 6.60 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.
Axis Bank’s Latest FD Interest Rates:
7 days to 14 days: 2.75 per cent for General Public; 2.75 per cent for Senior Citizens
15 days to 29 days: 2.75 per cent for General Public; 2.75 per cent for Senior Citizens
30 days to 45 days: 3.25 per cent for General Public; 3.25 per cent for Senior Citizens
46 days to 60 days: 3.25 per cent for General Public; 3.25 per cent for Senior Citizens
61 days to lower than 3 months: 3.25 per cent for General Public; 3.25 per cent for Senior Citizens
3 months to lower than 4 months: 3.75 per cent for General Public; 3.75 per cent for Senior Citizens
4 months to lower than 5 months: 3.75 per cent for General Public; 3.75 per cent for Senior Citizens
5 months to lower than 6 months: 3.75 per cent for General Public; 3.75 per cent for Senior Citizens
6 months to lower than 7 months: 4.65 per cent for General Public; 4.90 per cent for Senior Citizens
7 months to lower than 8 months: 4.65 per cent for General Public; 4.90 per cent for Senior Citizens
8 months to lower than 9 months: 4.65 per cent for General Public; 4.90 per cent for Senior Citizens
9 months to lower than 10 months: 4.75 per cent for General Public; 5.00 per cent for Senior Citizens
10 months to lower than 11 months: 4.75 per cent for General Public; 5.00 per cent for Senior Citizens
11 months to lower than 11 months 25 days: 4.75 per cent for General Public; 5.00 per cent for Senior Citizens
11 months 25 days to lower than 1 yr: 4.75 per cent for General Public; 5.00 per cent for Senior Citizens
1 yr to lower than 1 yr 5 days: 5.45 per cent for General Public; 6.20 per cent for Senior Citizens
1 yr 5 days to lower than 1 yr 11 days: 5.45 per cent for General Public; 6.20 per cent for Senior Citizens
1 yr 11 days to lower than 1 yr 25 days: 5.75 per cent for General Public; 6.50 per cent for Senior Citizens
1 yr 25 days to lower than 13 months: 5.60 per cent for General Public; 6.35 per cent for Senior Citizens
13 months to lower than 14 months: 5.60 per cent for General Public; 6.35 per cent for Senior Citizens
14 months to lower than 15 months: 5.60 per cent for General Public; 6.35 per cent for Senior Citizens
15 months to lower than 16 months: 5.60 per cent for General Public; 6.35 per cent for Senior Citizens
16 months to lower than 17 months: 5.60 per cent for General Public; 6.35 per cent for Senior Citizens
17 months to lower than 18 months: 5.60 per cent for General Public; 6.35 per cent for Senior Citizens
18 months to lower than 2 years: 5.60 per cent for General Public; 6.35 per cent for Senior Citizens
2 years to lower than 30 months: 5.70 per cent for General Public; 6.45 per cent for Senior Citizens
30 months to lower than 3 years: 5.70 per cent for General Public; 6.45 per cent for Senior Citizens
3 years to lower than 5 years: 5.70 per cent for General Public; 6.45 per cent for Senior Citizens
5 years to 10 years: 5.75 per cent for General Public; 6.50 per cent for Senior Citizens.
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 90 days: For General Public – 3.25 per cent; For Senior Citizens – 3.75 per cent
91 days to 179 days: For General Public – 3.75 per cent; For Senior Citizens – 4.25 per cent
180 days to 270 days: For General Public – 4.65 per cent; For Senior Citizens – 5.15 per cent
271 days 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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