Bank FD latest rates: HDFC Bank vs ICICI vs BoB vs SBI vs Kotak Mahindra
Zee News
State Bank of India, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, and Bank of Baroda have recently hiked their FD interest rates.
New Delhi: Most people's investment strategies include a Fixed Deposit since they provide good returns on the money placed. Before opening an FD account, however, the investor should analyse the various interest rates offered by various banks.
State Bank of India, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, and Bank of Baroda have all recently increased their fixed deposit interest rates.
SBI FD Rates
The State Bank of India, India's largest public sector bank, offers FDs with terms ranging from seven days to ten years. For normal consumers, the bank's interest rates range from 2.9 percent to 5.5 percent, while senior citizens' interest rates are 50 basis points higher.
The most recent rates go into effect on February 15, 2022.
