The top banks in India offer a range of FD options that come with a list of features such as nomination facility, competitive rate of interest, joint account, loan/overdraft facility, among others. Let us take a detailed look at some of the best banks and their FD interest rates:
RBL Bank Fixed Deposit Interest Rates
Fixed Deposits are a safe and secure investment option for your savings. You can earn a high FD interest rate with RBL Bank and meet your short-term and long-term financial goals.
Choose an RBL Bank FD and watch your investment grow over a period ranging from seven days to 20 years. Be assured of getting the best Fixed Deposit interest rate with RBL Bank FD plans. You can open a Fixed Deposit account with us through a number of channels, like
- Internet banking
- Mobile banking app
Our online FD account opening process is quick and convenient. If you prefer opening a Fixed Deposit account in person, you can contact our relationship manager or simply walk into your nearest RBL Bank branch to open an FD account and know the all types of fd.
If you have been looking for a fixed deposit account to invest in, RBL Bank is the right choice for you. We offer various FD schemes with attractive interest rates for different terms. You can choose from a wide range of FD plans based on your specific needs and requirements.
Fixed Deposit Account Features
1. Flexible investment tenure ranging from 7 days to 20 years with assured returns
2. Choose from multiple Fixed Deposit interest rates across all tenures
3. Online and offline options to open an FD account with us
HDFC Bank Fixed Deposit Interest Rates
HDFC Bank offers FD schemes with different tenures ranging from 30 days to 10 years. The bank has two fixed deposit schemes – HDFC Time Deposit Scheme and HDFC Monthly Income Plan (MIP). The HDFC Time Deposit Scheme offers short-term deposits ranging from 7 days to 5 years while the MIP scheme comes with deposits ranging from 1 year to less than 2 years. The HDFC Time Deposit Scheme offers higher interest rates as compared to the MIP scheme as it has fewer restrictions on withdrawals and transfers. Here are some of the popular FD schemes offered by HDFC Bank:
1 year fixed deposit – 6% per annum
2 year fixed deposit – 7% per annum
3 year fixed deposit – 8% per annum
Yes Bank Fixed Deposit Interest Rates
Yes Bank offers competitive interest rates on all deposit schemes. The bank has tie-ups with various public sector and private sector banks and financial institutions to facilitate fund transfers between its own customers.
The deposit rates offered by Yes Bank are as follows:
For a tenure of less than 1 year, the interest rate ranges between 3.25% to 6.00%.
Deposits maturing between 1 year to 3 years earn interest of 7.00%.
For investing money in a FD account having a tenure of more than 3 years, interest of 7.00% p.a. is offered by the bank.
Senior citizens are offered additional interest of up to 0.75% on FD tenures.
Citibank Fixed Deposit Interest Rates
Citibank FD interest rates: The interest rate offered by Citibank to its customers will depend on the duration that the funds are invested in the bank’s fixed deposit account.
Citibank offers a range of interest rates for its Fixed Deposit accounts.
The highest rate of interest paid by Citibank is for an investment period of 1,096 days, where the rate of return is 3.50% p.a.
From 151 days to 1,095 days, the rate of return that will be paid will be 3.50% p.a.
All senior citizens will get an additional interest percentage on their deposits with Citibank.
You may also love to know about – Highest rate of interest on fd for senior citizen
Axis Fixed Deposit Interest Rates
An interest rate of 3.50% to 6.00% will be paid for any FD that is held for a period of less than 1 year. The highest rate of interest paid by Axis Bank is for an investment period of 3 years to 5 years at 6.75% to 7.25%. All senior citizens will get an additional interest percentage on their deposits up to Rs 1 lakh.
These rates are applicable from July 27, 2019 and are subject to change without prior notice.
