Thursday, September 2, 2010

Latest Bank FD Interest Rates - As of 2 Sep, 2010

Interest rates have started to climb up. The bank fixed rates are still low considering the inflation. It is best to invest for a short term FD as the interest rates are expected to move up further. 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 2nd September, 2010:



Bank

6 months1 year2 year3 year4 year5 year
HSBC6.70%7.60%7.25%7.40%7.40%7.50%
ICICI6.00%7.00%7.50%7.75%7.75%7.75%
HDFC5.75%7.00%7.50%7.50%7.50%7.50%
Axis6.25%7.10%7.35%7.35%7.00%7.00%
IDBI6.50%7.25%7.50%7.75%7.75%7.75%
Barclays6.35%6.75%7.75%8.00%8.00%8.00%
PNB6.00%7.00%7.00%7.25%7.25%7.50%
BOI6.00%7.00%7.25%7.25%7.25%7.25%
Oriental6.00%7.00%7.00%7.50%7.25%7.50%
Canara5.75%7.00%7.00%7.25%7.25%7.50%
SBI6.00%6.75%7.00%7.25%7.25%7.50%
Dena5.75%7.00%7.00%7.25%7.25%7.25%
BOR6.00%7.00%7.50%7.75%7.75%7.75%
IndusInd6.25%7.50%7.75%7.75%7.75%7.75%
Yes6.50%7.25%7.75%7.75%7.75%7.75%


Note: This post will be updated atleast every fortnight, so bookmark this post for comparison between interest rates offered by different banks. Also, leave your comments if you find this useful.


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