BANKS AND THEIR INTEREST RATES

BANK FIXED DEPOSIT RATES IN INDIA

Banks in India offer one-year fixed deposit rates with Kotak Mahindra leading the pack for general citizens and senior citizens. Other banks, such as HDFC, ICICI, and SBI, provide competitive rates as well.

Here is the list of 7 banks along with Interest Rates they offer

HDFC Bank

Offers 6.60% for general citizens and 7.10% for senior citizens, effective from July 24, 2024.

Federal Bank

Offers 6.80% for general citizens and 7.30% for senior citizens, effective from September 16, 2024.

Punjab National Bank(PNB)

Provides 6.80% for general citizens and 7.30% for senior citizens, effective from October 1, 2024.

ICICI Bank

Provides 6.70% for general citizens and 7.20% for senior citizens.

Kotak Mahindra Bank

Offers 7.10% for general citizens and 7.60% for senior citizens, effective from June 14, 2024.

State Bank of India

Provides 6.80% for general citizens and 7.30% for senior citizens, effective from June 15, 2024.

Bank of Baroda

Offers 6.85% for general citizens and 7.35% for senior citizens, effective from October 3, 2024.