State Bank of India Fixed Deposit Rates Historical Chart * Interest Rates based on highest fixed deposit rate with maximum deposit amount of $100,000 and 3 to 18 months tenure State Bank of India current highest fixed deposit rate is2.25%p.a. for 6 months tenure with minimum deposit of $...
Rate of interest on Savings is subject to change from time to time at the discretion of the Bank and/or in accordance with directives from RBI. For senior citizens, rates as per above table would apply. Open an NRI Savings Account DBS Bank offers the below fixed deposit interest rates*: ...
For fixed deposits, LIBOR/SWAP rates on US dollars are the reference point, while in the case of savings accounts, the interest rates have to be maintained below the LIBOR rate. LIBOR refers to the London Interbank Offered Rate, a reference rate updated daily at the London inter-bank money...
Also Read:Current recurring deposit interest rates in India Negative Movers Foreign Banks:Surprisingly, Deutsche Bank have reduced 5+ years interest rates to 9%, while HSBC has reduced interest rate to 8.25% for a 1 year tenure. Private Banks:Axis Bank, Karnataka Bank and KVB have reduced inte...
Do remember that the interest income from bank fixed deposits is fully taxable. Banks also deduct tax at source (TDS) at the rate of 10% if the interest income for the year is more than Rs 10,000. In addition to this, Standard Chartered’s Term deposit and Recurring deposit products off...
The core instalment has a fixed rate which is decided at the time of account opening. While the flexible instalments will have the applicable rate at the time of deposit. Tenure: 12 months – 120 months (in multiples of 3 months) Minimum Core Instalment: INR 500, and in multiples thereaf...
Auto renewal facility Your Fixed Deposit will be auto-renewed for the same tenure on the maturity date, resulting in no interest loss Senior Citizen benefits Earn additional 0.5%* on Senior Citizen Fixed Deposit. Click Here for Senior Citizen rate tenure details. Show more Features...
Fixed Deposit Interest Rates Comparison 2024 NameInterest rate (p.a.)TenureMin. deposit Bajaj Finance Ltd. 7.16% - 8.65% 1 - 5yrs ₹ 25,000 Deposit Now SBI Bank 3.50% - 7.60% 7 Days - 10 Years ₹ 1,000 View details ICICI Bank 3.00% - 7.80% 7 Days - 10 Years ...
Also, through ICICI internet banking, one can pay utility bills and invest in or withdraw from any term deposit like fixed deposit, recurring deposits and mutual funds. Furthermore, online shopping, fund transfer, and balance enquiry are easy through the internet banking facility. Mobile Banking ...
For FCNR deposits, the rate of interest also varies based on the currency the account is held in. Opening a fixed deposit is beneficial for NRIs since it allows for: Secure investments A convenient way to deposit and save money earned in India via NRO fixed deposits A safer way to grow...