Latest Bank FD Interest Rates - As of 13 Nov, 2010

Interest rates are inching up albeit slowly. 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. Investors can also look at other options like SBI Retail Bond or Company Fixed Deposits. 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 13 November, 2010:

Bank		6 months	1 year	2 year	3 year	4 year	5 year
HSBC		6.70%	7.25%	7.55%	7.40%	7.50%	7.50%
ICICI		6.25%	7.25%	7.75%	8.00%	8.00%	8.00%
HDFC		6.50%	7.25%	7.50%	7.50%	7.50%	7.50%
Axis		6.25%	7.50%	7.50%	7.75%	7.00%	7.00%
IDBI		6.85%	7.60%	8.00%	8.25%	8.00%	8.00%
Barclays		6.75%	7.45%	7.80%	8.00%	8.00%	8.00%
PNB		6.25%	7.25%	7.25%	7.60%	7.50%	7.75%
BOI		6.50%	7.50%	7.50%	7.75%	7.25%	7.25%
Oriental		6.25%	7.50%	7.75%	7.50%	7.50%	8.00%
Canara		6.25%	7.25%	7.25%	7.75%	7.50%	7.75%
SBI		6.00%	7.00%	7.50%	7.75%	7.25%	7.50%
Dena		6.25%	7.25%	7.50%	7.50%	7.50%	7.50%
BOR		6.25%	7.25%	7.75%	8.00%	8.00%	8.00%
IndusInd		6.50%	7.50%	7.75%	8.25%	8.00%	8.00%
Yes		6.75%	7.25%	7.75%	7.75%	7.75%	8.00%

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