HDFC Bank FD Rates: Four big banks of the country including HDFC and Axis Bank have increased the interest rates!

HDFC Bank FD Rates: Four big banks of the country including HDFC and Axis Bank have increased the interest rates on fixed deposits from July 1. HDFC Bank is offering 6.60 percent interest on a one-year FD. Whereas Axis Bank is offering 6.70 percent interest on FD for one year. 

HDFC Axis Bank: Four big banks of the country including HDFC and Axis Bank have increased the interest rates on fixed deposits from July 1. If you are also a customer of HDFC and Axis Bank, then before making an FD, definitely know about the new interest rates. 

How much interest is there on a year fixed deposit?

HDFC Bank is offering 6.60 percent interest on a one-year FD. While Axis Bank is offering 6.70 percent interest on FD for one year. Talking about other banks, ICICI and SBI are offering 6.70 percent and 6.8 percent interest respectively on one-year FD.

How much interest is there on a 2-year fixed deposit?

HDFC Bank is offering 7 percent interest on two-year FDs. While Axis Bank is offering 7.10 percent interest on FDs for two years. Talking about other banks, ICICI and SBI are offering 7.20 percent and 7 percent interest respectively on one-year FDs.

How much interest is there on a 3-year fixed deposit?

HDFC Bank is offering 7 percent interest on three-year FDs. While Axis Bank is offering 7.10 percent interest on FDs for three years. Talking about other banks, ICICI and SBI are offering 7 percent and 6.75 percent interest respectively on one-year FDs.

Bank of India and Punjab and Sindh Bank also made changes

Bank of India has changed the interest rates on FD from 30 June 2024. Bank of India is offering the highest interest rate of 7.80% for senior citizens for 666 days. At the same time, other individuals will pay a maximum of 7.3% interest on FD for the same number of days.

Punjab and Sind Bank have changed the interest rates on FD from July 1, 2024. Punjab and Sind Bank is offering 7.80% interest for senior citizens on FD of 666 days. At the same time, for other individuals, a maximum interest of up to 7.3% will be available on FD for the same period.