Different bank offers different fixed deposit rates. One needs to compare rates on the same time duration before saving ones hard earned money. FD rates ate generally available on bank’s official website and it gets updated as and when bank fixed deposit rates changed.
Comparison of Bank Fixed Deposit Rates » Nov 2017
In this article, we are giving a comparison of bank fixed deposit rates for Nov 2017 for some of the leading banks of India.
State Bank of India (SBI) Fixed Deposit Rates:
SBI, India’s largest bank, has cut its bank FD rates by 25 basis points across most maturities, with effect from November 1, 2017. A one-year SBI fixed deposit will fetch an interest rate of 6.25 per cent, from 6.50 per cent earlier, according to the bank’s website. Senior citizens will get 6.75 per cent, as compared to 7 per cent earlier. The revised interest rates are as under:
| Tenors | Revised For Public w.e.f. 01.11.2017 (%) | Revised for Senior Citizens w.e.f. 01.11.2017 (%) |
| 7 days to 45 days | 5.25 | 5.75 |
| 46 days to 179 days | 6.25 | 6.75 |
| 180 days to 210 days | 6.25 | 6.75 |
| 211 days to less than 1 year | 6.25 | 6.75 |
| 1 year | 6.25 | 6.75 |
| Above 1 year to 455 days | 6.25 | 6.75 |
| 456 days to less than 2 years | 6.25 | 6.75 |
| 2 years to less than 3 years | 6 | 6.5 |
| 3 years to less than 5 years | 6 | 6.5 |
| 5 years and up to 10 years | 6 | 6.5 |
ICICI Bank Fixed Deposit Rates:
Interest rates on Domestic, NRO & NRE deposits(Less than Rs.1 crore)
Tenure Period | Rate of Interest (% p.a.) w.e.f July 19, 2017 | |
| General | Senior Citizen* | |
| 7 days to 14 days | 4 | 4.5 |
| 15 days to 29 days | 4.25 | 4.75 |
| 30 days to 45 days | 5.5 | 6 |
| 46 days to 60 days | 5.75 | 6.25 |
| 61 days to 90 days | 6 | 6.5 |
| 91 days to 120 days | 6 | 6.5 |
| 121 days to 184 days | 6 | 6.5 |
| 185 days to 289 days | 6.25 | 6.75 |
| 290 days to less than 1 year | 6.5 | 7 |
| 1 year to 389 days | 6.75 | 7.25 |
| 390 days to 2 years | 6.75 | 7.25 |
| 2 years 1 day upto 5 years | 6.5 | 7 |
| 5 years 1 day upto 10 years | 6.5 | 7 |
| 5 Years Tax saver FD(Max upto Rs. 1.50 lac) | 6.5 | 7 |
HDFC Bank Fixed Deposit Rates:
Domestic / NRO / NRE Term Deposits
| Period | < 1 Crore | >=1 Crore to < 5 Crores | ||
| Interest Rate | **Senior Citizen Rates | Interest Rate | **Senior Citizen Rates | |
| (per annum) | (per annum) | (per annum) | (per annum) | |
| 7 – 14 days | 3.50% | 4.00% | 4.25% | 4.75% |
| 15 – 29 days | 4.25% | 4.75% | 4.25% | 4.75% |
| 30 – 45 days | 5.50% | 6.00% | 4.25% | 4.75% |
| 46 – 60 days | 5.75% | 6.25% | 6.00% | 6.50% |
| 61 – 90 days | 5.75% | 6.25% | 6.05% | 6.55% |
| 91 days – 6 months | 5.75% | 6.25% | 6.25% | 6.75% |
| 6 mnths 1 day- 6 mnths 3 days | 6.00% | 6.50% | 5.25% | 5.75% |
| 6 mnths 4 days | 6.00% | 6.50% | 6.30% | 6.80% |
| 6 mnths 5 days- 9 mnths | 6.00% | 6.50% | 5.25% | 5.75% |
| 9 mnths 1 day- 9 mnths 3 days | 6.00% | 6.50% | 5.25% | 5.75% |
| 9 mnths 4 days | 6.00% | 6.50% | 6.30% | 6.80% |
| 9 months 5 days – 9 months 15 days | 6.00% | 6.50% | 5.25% | 5.75% |
| 9 months 16 days | 6.25% | 6.75% | 5.25% | 5.75% |
| 9 months 17 days < 1 Year | 6.25% | 6.75% | 5.25% | 5.75% |
| 1 Year | 6.75% | 7.25% | 6.50% | 7.00% |
| 1 year 1 day – 1 year 3 days | 6.75% | 7.25% | 4.90% | 5.40% |
| 1 year 4 days | 6.25% | 6.75% | 6.50% | 7.00% |
| 1 year 5 days – 1 Year 15 Days | 6.25% | 6.75% | 5.00% | 5.50% |
| 1 Year 16 days | 6.25% | 6.75% | 5.00% | 5.50% |
| 1 year 17 days – 2 Years | 6.25% | 6.75% | 5.00% | 5.50% |
| 2 years 1day – 2 Years 15 days | 6.00% | 6.50% | 4.85% | 5.35% |
| 2 Years 16 days | 6.00% | 6.50% | 4.85% | 5.35% |
| 2 years 17 days – 3 Years | 6.00% | 6.50% | 4.85% | 5.35% |
| 3 years 1day – 5 years | 6.00% | 6.50% | 4.85% | 5.35% |
| 5 Years 1 Day – 8 Years | 6.00% | 6.50% | 4.85% | 5.35% |
| 8 Years 1 Day – 10 Years | 6.00% | 6.50% | 4.85% | 5.35% |
Axis Bank Fixed Deposit Rates
| Period | Interest rates (% P.A.) | |
| Interest rate on deposits below Rs.1 crore | Interest rates on deposits of Rs. 1 Crore < Rs.5 Crore | |
| 7 days to 14 days | 3.5 | 5.5 |
| 15 days to 29 days | 3.5 | 5.5 |
| 30 days to 45 days | 5.5 | 5.5 |
| 46 days to 60 days | 6 | 6 |
| 61 days < 3 months | 6 | 6 |
| 3 months < 4 months | 6.2 | 6 |
| 4 months < 5 months | 6.25 | 6 |
| 5 months < 6 months | 6.25 | 6 |
| 6 months < 7 months | 6.25 | 6.25 |
| 7 months < 8 months | 6.25 | 6.25 |
| 8 months < 9 months | 6.25 | 6.25 |
| 9 months < 10 months | 6.5 | 6.25 |
| 10 months < 11 months | 6.5 | 6.25 |
| 11 months < 1 year | 6.5 | 6.25 |
| 1 year < 13 months | 6.75 | 6.5 |
| 13 months < 14 months | 6.75 | 6.5 |
| 14 months < 15 months | 6.75 | 6.5 |
| 15 months < 16 months | 6.75 | 6.5 |
| 16 months < 17 months | 6.75 | 6.5 |
| 17 months < 18 months | 6.85 | 6.6 |
| 18 Months < 2 years | 6.25 | 6 |
| 2 years < 30 months | 6.25 | 6 |
| 30 months < 3 years | 6.25 | 6 |
| 3 years < 5 years | 6.25 | 6 |
| 5 years to 10 years | 6.25 | 6 |
Following are Axis Bank’s Fixed deposit rates for senior citizens
| Interest rates (% P.A.) | ||
| Interest rate on deposits below Rs. 1 Crore | Interest rates on deposits of Rs. 1 Crore < Rs.5 Crore | |
| 7 days to 14 days | 3.5 | 5.5 |
| 15 days to 29 days | 3.5 | 5.5 |
| 30 days to 45 days | 5.5 | 5.5 |
| 46 days to 60 days | 6 | 6 |
| 61 days < 3 months | 6 | 6 |
| 3 months < 4 months | 6.2 | 6 |
| 4 months < 5 months | 6.25 | 6 |
| 5 months < 6 months | 6.25 | 6 |
| 6 months < 7 months | 6.5 | 6.5 |
| 7 months < 8 months | 6.5 | 6.5 |
| 8 months < 9 months | 6.5 | 6.5 |
| 9 months < 10 months | 6.75 | 6.5 |
| 10 months < 11 months | 6.75 | 6.5 |
| 11 months < 1 year | 6.75 | 6.5 |
| 1 year < 13 months | 7.25 | 7 |
| 13 months < 14 months | 7.25 | 7 |
| 14 months < 15 months | 7.25 | 7 |
| 15 months < 16 months | 7.25 | 7 |
| 16 months < 17 months | 7.25 | 7 |
| 17 months < 18 months | 7.35 | 7.1 |
| 18 Months < 2 years | 6.75 | 6.5 |
| 2 years < 30 months | 6.75 | 6.5 |
| 30 months < 3 years | 6.75 | 6.5 |
| 3 years < 5 years | 6.75 | 6.5 |
| 5 years to 10 years | 6.75 | 6.5 |