Fixed Deposit Interest Rate

Interest rates are indicative.

Fixed deposit interest rate. Take your time to go through the latest list of fd interest rates offered by the banks today to find the highest fixed deposit rates that suit you. Click here to find out more. Best fixed deposit rates by tenor. Per cent on similar deposits.

In normal non covid 19 times promotional fixed deposit rates can go up to 1 8 to 2 p a. For 12 months tenure and 0 70 p a. In fact consumers can earn up to 0 68 p a. Lengthen your fixed deposit period.

This can also be done via imoney s online calculator. A fixed deposit account also called a time deposit or term deposit is a type of savings account where you put your savings for a set amount of time without touching it. And are subject to change without prior notice. Fixed deposit board rates are usually very low but every month many banks come up with fixed deposit promotions to offer good rates.

From 21 may 20 interest rates for new placements and renewals in an sgd fd account will be computed based on the total sgd fd balances instead of each placement and or renewal. Different banks have different fd interest rates. Simply login to uob personal internet banking to make a fresh fund placement now. The interest rates for fixed deposits having a tenure between 1 year and less than 2 years has been slashed by 20 basis points bps and will now fetch 4 90 percent per annum.

While sbi offers 5 4 per cent interest for a five year fixed deposit both icici bank and hdfc bank provides an interest rate of 5 5. However a five year deposit under the national savings certificate fetches an interest rate of 6 8 per cent. This promotion is available from 2 november 2020 to 30 november 2020. Rates quoted are in p a.

The new rates have come into effect since 10 september. Rates apply to individual accounts only. Typically the longer your fd period is the higher the interest rate is. The longer you promise to leave your money in the bank the higher the interest rate you ll get.