Fixed Deposit

SBI Annuity Deposit Scheme: Earn guaranteed monthly income with single lump-sum investment

Premature payment is permitted for deposits up to Rs 15,00,000 under the SBI Annuity Deposit Scheme, but there is a penalty as with Term Deposits

Axis Bank raises interest rates on FDs under Rs 2 crore; details here

With the revised rates, the general public's Axis Bank FD rates now range from 3.5 to 6.5 per cent, while senior citizens' rates range from 3.5 to 7.25 per cent

Bandhan Bank increases interest rates to 8% on fixed deposits; details here

Senior Citizens can benefit from an additional 0.50 per cent, or 50 basis points, raising their returns to as much as 8 per cent for a 600-day FD

Bank of Baroda and other banks hike interest rates on FDs; details here

Two distinct tensors of 444 and 555 days are included in the Bank of Baroda’s new scheme

ICICI Bank hikes interest rates on fixed deposits under Rs 2 crore; details here

Previously on 18 October, ICICI Bank increased the interest rates on a few different FD tenures by up to 25 basis points

These company fixed deposits are offering over 6.5% interest, check list here

Leading NBFCs and HFCs have hiked interest rates on their fixed deposits. Shriram City Union Finance Co Ltd is giving an interest rate of 7.76 percent per annum on cumulative FDs of 3-year tenure

These banks are offering exciting interest rates on fixed deposits during festive season; check list

Among small finance banks, Ujjivan Small Finance Bank has the highest interest rates

Union Bank of India increases interest rate on fixed deposits under Rs 2 crore; details here

The interest on the fixed deposit is calculated daily and credited four times a year in the months of April, July, October, and January

Yes Bank offers up to 7.5 % interest rates on NRE deposits; details here

There is no interest payable when withdrawing FCNR, NRE, and RFC FDs before the 12-month period has been completed

Senior citizens to get up to 7.6 % return on FDs from these private sector banks

Here, we have come up with some options for some leading private-sector banks which have been offering higher interest rates