Monday, March 14, 2011

Latest Bank FD Interest Rates - As of 14th Feb, 2011

Interest rates continue to rise. We would still recommend investors to invest in FDs only for 2-3 year period as interest rates are less for > 4 years. 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 14th March, 2011:
Bank
6 months
1 year
2 year
3 year
4 year
5 year
HSBC
8.00%
8.10%
8.00%
8.50%
8.50%
8.00%
ICICI
7.50%
8.50%
9.25%
9.25%
8.75%
8.75%
HDFC
7.75%
8.50%
9.25%
8.25%
8.25%
8.25%
Axis
7.25%
9.00%
9.25%
8.50%
8.50%
8.50%
IDBI
7.75%
8.75%
9.00%
9.25%
9.00%
9.00%
Barclays
7.80%
8.50%
9.00%
9.25%
8.75%
8.60%
PNB
8.00%
9.00%
9.00%
9.25%
8.50%
8.75%
BOI
8.00%
9.00%
8.25%
8.25%
7.75%
8.50%
Oriental
7.25%
9.00%
9.00%
9.00%
8.50%
8.50%
Canara
7.75%
8.75%
8.75%
9.25%
8.50%
8.75%
SBI
7.75%
8.25%
8.75%
9.25%
8.25%
8.50%
Dena
8.00%
9.00%
9.00%
9.00%
9.00%
9.00%
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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