Fixed Deposit (FD) Rates: Despite the numerous investment options available, fixed deposits are a popular choice for many investors. If you are considering investing your money in a 2 to 3-year FD and seeking the best deal from a private bank, it’s important to compare the interest rates offered by major private banks to make an informed decision.
HDFC Bank FD Interest Rates:
- For FDs ranging from 21 months to 2 years, HDFC Bank is offering 7% interest to regular citizens and 7.50% to senior citizens.
- Surprisingly, the 2-3 year FDs also have the same interest rates. However, for FDs ranging from 2 years 11 months to 35 months, the interest rates are 7.35% for regular citizens and 7.85% for senior citizens.
ICICI Bank FD Interest Rates:
- ICICI Bank offers 7.25% interest to regular citizens and 7.85% to senior citizens for FDs ranging from 18 months to 2 years.
- For FDs ranging from 15 months to 18 months, regular citizens receive 7.25% interest, while senior citizens receive 7.80% interest. Please note that ICICI Bank does not offer the option of a 3-year FD for amounts less than Rs 3 crore.
Axis Bank FD Interest Rates:
- Axis Bank offers 7.10% interest to regular citizens and 7.60% interest to senior citizens for FDs ranging from 18 months to 2 years.
- The same interest rates apply to both regular citizens and senior citizens for FDs ranging from 2 years to 30 months and 30 months to 3 years.
Yes Bank FD Interest Rates:
- Yes Bank offers competitive rates with 7.75% interest for regular citizens and 8.25% interest for senior citizens on FDs ranging from 18 months to 2 years. For FDs ranging from 2 to 3 years, the interest rates are 7.25% for regular citizens and 7.75% for senior citizens.
IndusInd Bank FD Interest Rates:
- IndusInd Bank offers 7.75% interest for regular citizens and 8.25% interest for senior citizens on FDs ranging from 1.5 to 2 years.
- For FDs ranging from 2 years to 2.5 years, the interest rates are 7.25% for regular citizens and 7.75% for senior citizens. Similarly, for FDs ranging from 2 years 7 months to 3 years 3 months, the interest rates are also 7.25% for regular citizens and 7.75% for senior citizens.
Advised to visit nearby branch channels of the bank or financial institute’s official website to get complete details of the scheme.
