PERSONAL FINANCE
PNB, South Indian Bank, ICICI, HDFC Banks are the four lenders offering the current fixed deposit (FD) interest rates for deposits under Rs 2 crores.
Banks are raising interest rates on their loan and deposit offers concurrently with the RBI's recent increases in interest rates to combat inflation. The interest rates on fixed deposits have also increased at a number of institutions, including HDFC Bank, PNB, ICICI Bank and more.
Here is the comparison of the current fixed deposit (FD) interest rates offered by these banks on deposits below Rs. 2 crores:
HDFC Bank:
According to the website, HDFC Bank is offering 3.50% to senior citizens and 3% to the general public on fixed deposits. For 1 year to less than 15 days, HDFC bank is offering 6.50% to the public whereas 7% to the senior citizens and for 18 months 1 day to less than 21 months- for General Public - 7.00 per cent; for Senior Citizens - 7.50 per cent. For 2 years 1 day to 3 years, HDFC Bank has revised rates on FDs, for General Public - 7% and for Senior Citizens - 7.50% effective from December 14.
South Indian Bank:
Interest rates on fixed deposits under 2 crore rupees have increased at the private sector lender South Indian Bank. The new rates go into effect on December 20, 2022, according to the bank's official website. The bank now provides interest rates on deposits maturing in 7 days to 10 years that vary from 2.65% to 6.00% for the general public and between 3.15% and 6.50% for senior citizens as a result of the modification. Deposits with a one-year maturity period at South Indian Bank now have a maximum regular interest rate of 7.00% and 7.50% for senior citizens.
PNB:
Punjab National Bank has revised interest rates on fixed deposits below Rs 2 crore. The bank is offering 3.50% and 4% for 7 days to 14 days to the general public and senior citizens and 1 year for the general public - 6.30 per cent; for senior citizens - 6.80 per cent. Above 1 year to 599 days: for general public - 6.30 per cent; For senior persons- 6.80 per cent effective from December 19.
ICICI Bank:
ICICI Bank is offering 3% to 3.50% to the public and senior citizens on fixed deposits below Rs 2 crore. The revised interest rates on fixed deposits below Rs 2 crore at ICICI Bank will be effective from December 16. Interest rates for 290 days to less than 1 year for the general public - 5.75 per cent and for senior citizens - 6.25 per cent and interest rates on FD for 1 year to 389 days: for public - 6.60 per cent; for senior persons- 7.10 per cent.
FeFCon 2024 to be Held in Bangalore: A Premier Event on Fever Management
The World’s First Innovative Iron Supplement to Combat Iron Deficiency and Anaemia
Meet grandmother who became fashion icon after trying on her granddaughter’s clothes
IND vs AUS: Rishabh Pant joins Virat Kohli, Rohit Sharma in elite WTC list, becomes 3rd Indian to...
'All scripted drama...': Puneet Superstar allegedly assaulted by influencers in viral video, watch
Actress Ana de Armas caught kissing Cuban President Miguel Díaz-Canel’s son in viral photos
Oreshnik's Shadow: Will Russia's hypersonic missile force west to back down?
‘You’re So Beautiful’: World’s tallest woman meets world’s shortest woman over tea, pics go viral
Delhi-NCR Air Pollution: Consequences of GRAP-4 are drastic, may have adverse effects, says SC
Delhi-NCR Air Pollution: Schools likely to stay closed till..., check city-wise update
Maharashtra: 3 killed, 9 hospitalised after gas leak at fertiliser plant in Sangli
THIS farm is selling a cup of coffee for Rs 28000, but there's a twist, it is...
Chhattisgarh: 10 Maoists killed after encounter with security personnel in Sukma
Mukesh Ambani's SUPERHIT plan for Jio users, offers unlimited 5G access for 1 year for just Rs...
IND vs AUS 1st Test: KL Rahul's dismissal sparks DRS controversy in Perth Test
Dense fog, heavy rain predicted in these states till November 25; check here
Oreshnik Hypersonic Missile: Which nations are within its range?
Bihar teacher, principal reach school in drunken state; know what happened next
'I have faced a lot of...': Arjun Kapoor REVEALS his biggest fear amid break up with Malaika Arora
How millions of Indians may get affected due to US indictment of Gautam Adani in bribery case
Amid divorce rumours with Aishwarya Rai, Abhishek Bachchan says 'missing someone is okay but...'
After Bibles, watches and sneakers, Donald Trump is now selling autographed guitars, price is...
Delhi pollution: Air quality improves to ‘very poor’ category, AQI at...
Vladimir Putin's BIG threat, warns he could strike UK with new ballistic missile if...
Shillong Teer Results TODAY November 22, 2024 Live Updates: Check winning numbers here
Somebody misbehaved with Alia Bhatt on Highway sets then Imtiaz Ali had to...
Zomato CEO Deepinder Goyal reveals twist behind Rs 200000 job fee, closes application window
Days after Ratan Tata's demise, Tata Group's Rs 131000 crore company inks pact with ADB for...
WATCH: Woman makes Biryani with Parle-G biscuits, viral video fumes internet
Only train in India in which passengers can travel for FREE; check route, timings and more
'Justice for biryani': Parle-G biryani takes internet by storm, video goes viral
DNA TV Show: Why Gautam Adani charged with bribery and fraud in US
IND vs AUS: Records Virat Kohli can break during Border-Gavaskar Trophy
Diljit Dosanjh fans get angry over Ananya Panday's birthday post for her grandmother, here's why
Reddit suffers outage with ‘upstream connect error’ message, says 'currently investigating...'
Border-Gavaskar Trophy: How has Jasprit Bumrah fared in Tests in Australia?
Delhi records coldest night of the season, temp drops to...
Crossing the Line: Ukraine's Use of Storm Shadow Missiles and the Escalation of Conflict
When Malaika Arora talked about the controversial ‘instant pleasure’ ad, it was for…
This is the world’s most expensive shopping street, not Fifth Avenue, New Bond Street, it is...
Big setback for Gautam Adani, Kenya cancels Rs 6216 crore deal with Adani Group due to...
Viral video: Man’s jugaad to stay warm in winter will leave you SHOCKED, watch here
Hinduja Group firm gets key approval for acquisition of Anil Ambani's debt-ridden Reliance Capital