Friday, October 7, 2011

Latest FD Interest Rates - As of 9th Oct, 2011

Not much changes happening with interest rates since the last month post. Interest rates inching towards 10% mark for normal citizens. For senior citizens, it is already 10%+ and have become attractive even for 4-5 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 9th October, 2011:



Bank
6 months
1 year
2 year
3 year
4 year
5 year
HSBC
8.00%
9.00%
8.00%
8.50%
8.50%
8.00%
ICICI
7.75%
9.25%
9.25%
9.25%
8.75%
8.75%
HDFC
7.75%
9.25%
9.25%
8.50%
8.25%
8.25%
Axis
8.50%
9.40%
9.30%
9.30%
8.50%
8.50%
IDBI
9.00%
9.50%
9.50%
9.50%
9.50%
9.50%
Barclays
8.00%
8.25%
9.00%
9.25%
9.25%
9.25%
PNB
8.00%
9.25%
9.35%
9.50%
9.25%
9.25%
BOI
8.00%
9.00%
9.25%
9.00%
8.50%
8.75%
Oriental
9.00%
9.75%
9.75%
9.25%
9.25%
9.25%
Canara
8.10%
9.25%
9.25%
9.25%
9.00%
9.00%
SBI
7.00%
9.25%
9.25%
9.25%
9.25%
9.25%
Dena
8.00%
9.60%
9.25%
9.25%
9.25%
9.25%
Citibank
7.75%
9.00%
8.75%
8.75%
8.75%
8.75%
IndusInd
8.50%
9.50%
9.00%
9.50%
8.75%
8.75%
Yes
8.25%
9.25%
9.60%
9.30%
8.75%
8.75%



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