Sunday, May 18, 2008

Latest Bank FD Interest Rates - As of 18th May, 2008

Latest Resident/NRO Bank Fixed Deposit Interest Rates - As of 18th May, 2008

Click here to see the latest interest rates!

Bank

6 months
1 year
2 year
3 year
4 year
5 year
HSBC

7.00%
8.00%
8.25%
8.40%
7.50%
7.50%
ICICI

6.25%
8.50%
8.00%
8.00%
8.50%
8.50%
HDFC

7.25%
8.75%
8.75%
8.25%
8.25%
8.25%
Axis

7.00%
9.00%
9.00%
9.00%
8.00%
8.00%
IDBI

7.50%
9.00%
8.75%
8.75%
8.75%
9.00%
Barclays

9.00%
9.50%
8.50%
8.75%
8.75%
8.75%
PNB

7.25%
8.50%
8.50%
8.50%
8.50%
8.50%
Bank of India

7.25%
8.75%
8.75%
8.75%
8.75%
8.75%
Oriental

9.00%
8.75%
9.00%
9.00%
8.75%
8.75%
Canara

7.00%
8.25%
8.75%
8.75%
8.50%
8.50%
SBI

7.50%
8.75%
8.75%
8.50%
8.50%
8.50%
Dena

7.00%
8.25%
8.25%
8.50%
8.50%
8.50%
IndusInd

7.75%
9.25%
9.10%
9.10%
9.10%
9.10%
Yes

7.00%
9.00%
9.00%
8.75%
8.25%
8.25%

5 year or more deposits also qualify for tax rebate under section 80C. 9.1% from IndusInd Bank is the best deal to get good investment return with tax benefit. For Senior Citizens, there is additional 0.25% to 1% more depending on the bank.


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