Sunday, February 6, 2011

Latest Bank FD Interest Rates - As of 6th Feb, 2011

Interest rates have shot up after RBI increased the rates. We would still recommend investors to invest in FDs only for mid term or so as the interest rates. 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 6th February, 2011:
Bank
6 months
1 year
2 year
3 year
4 year
5 year
HSBC
7.50%
8.10%
8.50%
8.25%
7.75%
7.75%
ICICI
7.00%
8.25%
9.00%
9.00%
8.50%
8.50%
HDFC
7.75%
8.25%
9.00%
8.25%
8.25%
8.25%
Axis
7.00%
8.75%
8.50%
8.25%
7.00%
7.00%
IDBI
7.25%
8.50%
9.00%
9.25%
8.60%
8.60%
Barclays
7.80%
8.05%
8.30%
8.75%
8.75%
8.50%
PNB
7.75%
8.75%
8.75%
9.25%
8.50%
8.75%
BOI
7.25%
8.75%
8.75%
8.25%
7.75%
7.75%
Oriental
7.25%
8.50%
8.50%
8.75%
8.50%
8.50%
Canara
7.75%
8.75%
8.75%
9.25%
8.50%
8.75%
SBI
7.75%
8.25%
8.75%
9.00%
8.25%
8.50%
Dena
7.50%
8.25%
8.50%
9.00%
8.25%
8.75%
Citibank
7.50%
8.00%
8.00%
8.00%
8.00%
8.00%
IndusInd
8.50%
9.50%
9.00%
9.50%
8.75%
8.75%
Yes
7.75%
8.25%
8.50%
8.75%
8.75%
8.75%

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