SBI vs HDFC Bank fixed deposit: Latest FD interest rates here

Let's take a look at the FD rates of SBI and HDFC Bank across various tenors

Livemint
Published17 Feb 2022, 07:22 AM IST
SBI and HDFC Bank had last revised the interest on term deposits in January 2022.
SBI and HDFC Bank had last revised the interest on term deposits in January 2022.(AFP)

Just days after the Reserve Bank of India (RBI) decided to keep the repo and reverse repo rates unchanged at its bi-monthly monetary policy review announced on February 10, the State Bank of India (SBI) and HDFC Bank have hiked interest rates on their fixed deposits (FD). The lenders last revised the interest on term deposits in January 2022.

Let's take a look at the FD rates of SBI and HDFC Bank across various tenors.

SBI latest FD interest rates

SBI FDs between 7 days to 10 years will give 2.9% to 5.5% to general customers. Senior citizens will get 50 basis points (bps) extra on these deposits -3.4 %to 6.30%. These rates are effective from 15 February 2022.

7 days to 45 days - 2.9%

46 days to 179 days - 3.9%

180 days to 210 days - 4.4%

211 days to less than 1 year - 4.4%

1 year to less than 2 years - 5.1%

2 years to less than 3 years -  5.2%

3 years to less than 5 years -  5.45%

5 years and up to 10 years - 5.5%

HDFC Bank latest FD interest rates

HDFC Bank offers interest ranging from 2.50% to 5.60% on deposits maturing between 7 days and 10 years. HDFC Bank offers interest rates from 3% to 6.35% on FDs maturing in 7 days to 10 years to senior citizens. 14 February

7 - 14 days 2.50%

15 - 29 days 2.50%

30 - 45 days 3%

61 - 90 days 3%

91 days - 6 months 3.5%

6 months 1 day - 9 months 4.4%

9 months 1 day < 1 Year 4.4%

1 year - 4.9% 5%

1 year 1 day - 2 years 5%

2 years 1 day - 3 years 5.20%

3 year 1 day- 5 years  5.45%

5 years 1 day - 10 years 5.60%

Earlier, the Central Bank of India and UCO bank revised FD interest rates for amounts below 2 crore effective from February 10.

Catch all the Industry News, Banking News and Updates on Live Mint. Download The Mint News App to get Daily Market Updates.MoreLess
First Published:17 Feb 2022, 07:22 AM IST
HomeIndustrySBI vs HDFC Bank fixed deposit: Latest FD interest rates here

Most Active Stocks

Tata Steel

157.75
03:43 PM | 19 JUL 2024
-8.6 (-5.17%)

Tata Power

414.15
03:59 PM | 19 JUL 2024
-15.85 (-3.69%)

Bharat Electronics

306.30
03:45 PM | 19 JUL 2024
-7.2 (-2.3%)

Zee Entertainment Enterprises

137.55
03:57 PM | 19 JUL 2024
-4.9 (-3.44%)
More Active Stocks

Market Snapshot

  • Top Gainers
  • Top Losers
  • 52 Week High

Tata Teleservices Maharashtra

102.11
03:59 PM | 19 JUL 2024
4.68 (4.8%)

Rail Vikas Nigam

614.00
03:59 PM | 19 JUL 2024
27.65 (4.72%)

Jubilant Pharmova

752.25
03:43 PM | 19 JUL 2024
25.3 (3.48%)

One 97 Communications

458.70
03:55 PM | 19 JUL 2024
13.65 (3.07%)
More from Top Gainers

Recommended For You

    More Recommendations

    Gold Prices

    • 24K
    • 22K
    Bangalore
    76,272.000.00
    Chennai
    76,124.000.00
    Delhi
    75,533.000.00
    Kolkata
    75,089.000.00

    Fuel Price

    • Petrol
    • Diesel
    Bangalore
    102.86/L0.00
    Chennai
    100.76/L0.00
    Kolkata
    104.95/L0.00
    New Delhi
    94.72/L0.00
    OPEN IN APP
    HomeMarketsloanPremiumBudget