Sunday, March 1, 2009

Latest Bank FD Interest Rates - As of 1st March, 2009

Gone are the days of double digit interest rates! Most of the banks have reduced interest rates significantly. We expect the interest rates to come down even more. For Senior Citizens, there is additional 0.25% to 1% more depending on the bank. Comparison of Latest Resident/NRO Bank Fixed Deposit Interest Rates - As of 1st March, 2009:


Bank
6 months1 year2 year3 year4 year5 year
HSBC5.50%8.75%7.50%7.50%7.50%7.50%
ICICI7.75%8.75%9.00%8.25%8.25%8.25%
HDFC7.25%8.50%8.00%8.00%8.00%8.00%
Axis7.00%8.55%8.55%8.25%8.00%8.00%
IDBI8.00%9.00%9.00%9.50%8.75%8.75%
Barclays5.75%6.25%6.50%6.50%6.50%6.50%
PNB7.50%8.00%8.00%8.00%8.00%8.00%
Bank of India7.25%8.00%8.25%8.25%8.25%8.25%
Oriental7.75%8.25%8.50%8.50%8.50%8.50%
Canara7.50%8.75%9.00%9.00%8.50%8.50%
SBI7.25%8.50%8.75%9.00%8.50%8.50%
Dena7.50%8.75%9.00%8.75%8.50%8.50%
IndusInd7.25%9.50%8.00%9.50%8.25%8.25%
Yes8.00%9.25%9.25%9.00%8.75%8.75%


0 comments:

Post a Comment