Fixed Deposit Interest Rates 2019

Fixed deposit interest rate offers you to earn more interest as compare to your saving account interest rate.

The best way to handle you handle your savings is to keep a small portion of money which would be equal to your 1 or 2-month expense in your saving account and make an FD of the rest of your money ( if you have Not opted for another investment Plans).

Long tenure FD are to hold the present interest rate for the longer period.

The comparison of Fixed Deposit Interest rate is divided into 5 different slabs.

  1. Interest rate on fixed deposit up to 1 year.
  2. Interest rate on fixed deposit between 1 to 2 year.
  3. Interest rate on fixed deposit between 2 to 5 year.
  4. Interest rate on fixed deposit between 5 to 10 year.
  5. Interest rate on post office savings.

Top 21 Fixed Deposit Interest Rates ( 1 yr )

S.No. Bank Duration Interest Rate For Senior Citizen
1. IDFC Bank 366 days 7.50% 8.0%
2. Ratnakar bank ( RBL) 241 to 364 days 7.25% 7.75%
3. Karnataka Bank 180 days 7.10% 7.60%
4. City Union Bank 1 year 7.10% 7.50%
5. Karur Vysya Bank 91 days to 1 year 7.0% 7.50%
6. Bandhan Bank 6 months to < 1 yr 7.0% 7.50%
7. Yes Bank 6 months to < 1 yr 7.0% 7.50%
8. DCB Bank 12 months 7.0% 7.50%
9. Repco Bank 90- 364 days 7.0% 7.25%
10. Tamilnad Mercantile Bank 1 year 6.90% 7.40%
11. Punjab National Bank 1 yr 6.90% 7.40%
12. HDFC Bank 1 year 6.90% 7.40%
13. Syndicate Bank 1 year exact 6.80% 7.30%
14. Bank of India 270 day to <1 yr 6.75% 7.25%
15. Punjab & Sind Bank 270- 364 days 6.75% 7.25%
16. Central Bank of India 180- 364 days 6.50% 7.0%
17. Lakshmi Vilas Bank 181 to 364 days 6.50% 6.50%
18. ICICI Bank 290 to < 1 year 6.50% 7.0%
19. IDBI Bank 271 day to < 1 yr 6.25% 6.25%
20. South Indian Bank 46 Days to < 1 yr 6.0% 6.50%
21. State Bank of India 211 days to < 1 yr 4.0% 4.50%

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Top 21 Bank FD Rate For 1 to 2 Year

S.No. Bank Duration Interest Rate For Senior Citizen
1. Bandhan Bank 1 yr to < 2 year 8.25% 8.75%
2. Ratnakar bank ( RBL) 12 to < 24 months 7.50% 8.0%
3. Repco Bank 1 – 2 year 7.25% 7.75%
4. IDFC Bank 367 – 731 Days 7.25% 7.75%
5. Yes Bank 18 months 8 days 7.15% 7.65%
6. DCB Bank 18 months to < 2 yr 7.10% 7.60%
7. Punjab & Sind Bank 1 – 2 year 7.0% 7.50%
8. Karur Vysya Bank 1- 2 year 7.0% 7.50%
9. Tamilnad Mercantile Bank 1-2 year 7.0% 7.50%
10. Lakshmi Vilas Bank 1 year to < 2 year 7.0% 7.50%
11. ICICI Bank 390 days to 2 years 7.0% 7.50%
12. HDFC Bank 1 yr 1 day 6.95% 7.45%
13. Bank of India 1 year to < 2 year 6.90% 7.40%
14. City Union Bank Above 1 year 6.85% 7.10%
15. Syndicate Bank Above 1 – 2 year 6.80% 7.30%
16. Punjab National Bank 1 year to < 2 yr 6.80% 7.30%
17. South Indian Bank 1 – 2 year 6.75% 7.25%
18. Karnataka Bank 1- 2 year 6.75 7.25%
19.. Central Bank of India 1 year to < 2 year 6.50% 7.0%
20. IDBI Bank 1 to < 2 year 6.40% 6.90%
21. State Bank of India 1 yr to < 2 yr 4.25% 4.75%

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Top Interest Rate for FD of 2 – 5 Year

S.No. Bank Duration Interest Rate For Senior Citizen
1. Bandhan Bank 2 to <3 year 8.0% 8.50%
2. Ratnakar bank ( RBL) 2 to < 3 year 7.65% 8.15%
3. DCB Bank 3 yr to 5 yr 7.25% 7.75%
4. IDFC Bank 3- 5 year 7.20% 7.70%
5. Yes Bank 36 month 10 days 7.20% 7.70%
6. Repco Bank 2- 5 year 7.0% 7.50%
7. Karur Vysya Bank 2 – 5 year 7.0% 7.50%
8. Tamilnad Mercantile Bank 2- 3year 7.0% 7.50%
9. Punjab & Sind Bank 2 – 5 year 7.0% 7.50%
10. Lakshmi Vilas Bank 2 yr to < 5 yr 7.0% 7.50%
11. Bank of India 2 yr to < 3 yr 6.85% 7.35%
12. City Union Bank Upto 5 year 6.85% 7.10%
13. Punjab National Bank 2 to < 5 year 6.80% 7.30%
14. Syndicate Bank Above 2 to 5 year 6.80% 7.30%
15. ICICI Bank 2- 5 year 6.75% 7.25%
16. Central Bank of India 777 days 6.50% 7.0%
17. South Indian Bank 2- 5 year 6.50% 7.0%
18. Karnataka Bank 2 – 5 year 6.50% 7.50%
19. IDBI Bank 2 to < 5 year 6.0% 6.50%
20. HDFC Bank 2 – 5 year 6.0% 6.50%
21. State Bank of India 2 yr to < 3 yr 4.25% 4.75%

Top Interest Rate for FD of 5 – 10 Year

S.No. Bank Duration Interest Rate For Senior Citizen
1. Ratnakar bank ( RBL) 5- 10 year 7.50% 8.0%
2. Bandhan Bank 5 – 10 year 7.50% 8.0%
3. IDFC Bank 5-10 year 7.20% 7.70%
4. DCB Bank 5 – 10 year 7.20% 7.70%
5. Yes Bank 5 to < 10 year 7.10% 7.60%
6. Karur Vysya Bank Above 5 year 7.0% 7.50%
7. Lakshmi Vilas Bank 5 – 10 year 7.0% 7.50%
8. Punjab & Sind Bank 5 – 10 year 7.0% 7.50%
9. Tamilnad Mercantile Bank Above 3 year 6.90% 7.40%
10. Syndicate Bank 5- 10 year 6.80% 7.30%
11. Bank of India 5 – 10 year 6.70% 7.20%
12. Punjab National Bank 5 – 10 year 6.70% 7.20%
13. City Union Bank 5- 10 year 6.70% 6.95%
14. South Indian Bank 5- 10 year 6.50% 7.0%
15. Karnataka Bank 5 – 10 year 6.50% 7.0%
16. Central Bank of India 5- 10 years 6.50% 7.0%
17. ICICI Bank 5 – 10 years 6.50% 7.0%
18. IDBI Bank 5 – 10 year 6.0% 6.50%
19. HDFC Bank 5- 8year 6.0% 6.50%
20. HDFC Bank 8 – 10 year 6.0% 6.50%
21. State Bank of India 5 – 10 year 4.25% 4.75%

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Post Office Fixed deposit Rate

FD period Interest Rate
1 yr 6.9%
2 yr 7.0%
3 yr 7.2%
5 yr 7.7%

Factors Related to Fixed Deposit

  • You can save income tax through the tax saving fixed deposits under 80C. These FDs are of fixed tenure of 5 years with maximum capped limit of Rs 1,50,000.
  • If your Interest income exceeds Rs 10,000 per bank in a year, the bank deducts  10% TDS. in case you haven’t updated the PAN with the bank, the TDS rate will be 20%.
  • The banks charged a penalty for premature mature withdrawal.

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  1. Mortgages Oct 24, 2018

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