HDFC Bank Vs ICICI Bank Vs PNB: FD returns have become attractive since May 2022 when the RBI started raising interest rates in the country. Bank FDs are now offering as high as 7.75 per cent
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HDFC Bank Vs PNB Vs ICICI Bank FD Rates: Fixed deposits have been an unattractive investment instrument for a long time when the interest rates were at lower levels. However, the FD returns have become attractive since May 2022 when the RBI started raising interest rates in the country. Bank FDs are now offering as high as 7.75 per cent. Here’s the FD interest rate comparison of HDFC Bank, ICICI Bank and Punjab National Bank (PNB).
HDFC Bank and Punjab National Bank (PNB) are currently offering up to 7.75 per cent interest rates on FD, depending upon deposit tenure and depositor’s age. ICICI Bank is offering FD rates up to 7.60 per cent annually.
HDFC Bank’s Revised FD Interest Rate (On Deposits Below Rs 2 Crore):
7 days to 14 days: For General Public – 3.00 per cent; For Senior Citizens – 3.50 per cent
15 days to 29 days: For General Public – 3.00 per cent; For Senior Citizens – 3.50 per cent
30 days to 45 days: For General Public – 3.50 per cent; For Senior Citizens – 4.00 per cent
46 days to 60 days: For General Public – 4.50 per cent; For Senior Citizens – 5.00 per cent
61 days to 89 days: For General Public – 4.50 per cent; For Senior Citizens – 5.00 per cent
90 days to less than equal to 6 months: For General Public – 4.50 per cent; For Senior Citizens – 5.00 per cent
6 months 1 day to less than 9 months: For General Public – 5.75 per cent; For Senior Citizens – 6.25 per cent
9 months 1 day to less than 1 year: For General Public – 6.00 per cent; For Senior Citizens – 6.50 per cent
1 Year to less than 15 months: For General Public – 6.60 per cent; For Senior Citizens – 7.10 per cent
15 months to less than 18 months: For General Public – 7.10 per cent; For Senior Citizens – 7.50 per cent
18 months 1 day to less than 21 months: For General Public – 7.25 per cent; For Senior Citizens – 7.75 per cent
21 months to 2 years: For General Public – 7.00 per cent; For Senior Citizens – 7.50 per cent
2 years 1 day to less than 2 years 11 months: For General Public – 7.00 per cent; For Senior Citizens – 7.50 per cent
2 years 11 months to 35 months: For General Public – 7.15 per cent; For Senior Citizens – 7.65 per cent
2 years 11 months 1 day to equal to or less than 3 years: For General Public – 7.00 per cent; For Senior Citizens – 7.50 per cent
3 years 1 day to less than 4 years 7 months: For General Public – 7.00 per cent; For Senior Citizens – 7.50 per cent
4 years 7 months to 55 months: For General Public – 7.20 per cent; For Senior Citizens – 7.70 per cent
4 years 7 months 1 day to less than or equal to 5 years: For General Public – 7.00 per cent; For Senior Citizens – 7.50 per cent
5 years 1 day to 10 years: For General Public – 7.00 per cent; For Senior Citizens – 7.75 per cent.
Latest interest rates on fixed deposits below Rs 2 crore at the Punjab National Bank (per annum):
7 days to 14 days: For General Public – 3.50 per cent; For Senior Citizens – 4.00 per cent
15 days to 29 days: For General Public – 3.50 per cent; For Senior Citizens – 4.00 per cent
30 days to 45 days: For General Public – 3.50 per cent; For Senior Citizens – 4.00 per cent
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46 days to 60 days: For General Public – 4.50 per cent; For Senior Citizens – 5.00 per cent
61 days to 90 days: For General Public – 4.50 per cent; For Senior Citizens – 5.00 per cent
91 days to 179 days: For General Public – 4.50 per cent; For Senior Citizens – 5.00 per cent
180 days to 270 days: For General Public – 6.00 per cent; For Senior Citizens – 6.50 per cent
271 days to 299 days: For General Public – 6.25 per cent; For Senior Citizens – 6.75 per cent
300 days: For General Public – 7.05 per cent; For Senior Citizens – 7.55 per cent
300 days to less than 1 year: For General Public – 6.25 per cent; For Senior Citizens – 6.75 per cent
1 year: For General Public – 6.75 per cent; For Senior Citizens – 7.25 per cent
Above 1 year to 399 days: For General Public – 6.80 per cent; For Senior Citizens – 7.30 per cent
400 days: For General Public – 7.25 per cent; For Senior Citizens – 7.75 per cent
401 days to 2 years: For General Public – 6.80 per cent; For Senior Citizens – 7.30 per cent
Above 2 years up to 3 years: For General Public – 7.00 per cent; For Senior Citizens – 7.50 per cent
Above 3 years up to 5 years: For General Public – 6.50 per cent; For Senior Citizens – 7.00 per cent
Above 5 years to 10 years: For General Public – 6.50 per cent; For Senior Citizens – 7.30 per cent.
ICICI Bank’s latest interest rates on fixed deposits below Rs 2 crore:
7 days to 14 days: For General Public – 3.00 per cent; For Senior Citizens – 3.50 per cent
15 days to 29 days: For General Public – 3.00 per cent; For Senior Citizens – 3.50 per cent
30 days to 45 days: For General Public – 3.50 per cent; For Senior Citizens – 4.00 per cent
46 days to 60 days: For General Public – 4.25 per cent; For Senior Citizens – 4.75 per cent
61 days to 90 days: For General Public – 4.50 per cent; For Senior Citizens – 5.00 per cent
91 days to 120 days: For General Public – 4.75 per cent; For Senior Citizens – 5.25 per cent
121 days to 150 days: For General Public – 4.75 per cent; For Senior Citizens – 5.25 per cent
151 days to 184 days: For General Public – 4.75 per cent; For Senior Citizens – 5.25 per cent
185 days to 210 days: For General Public – 5.75 per cent; For Senior Citizens – 6.25 per cent
211 days to 270 days: For General Public – 5.75 per cent; For Senior Citizens – 6.25 per cent
271 days to 289 days: For General Public – 6.00 per cent; For Senior Citizens – 6.50 per cent
290 days to less than 1 year: For General Public – 6.00 per cent; For Senior Citizens – 6.50 per cent
1 year to 389 days: For General Public – 6.70 per cent; For Senior Citizens – 7.20 per cent
390 days to less than 15 months: For General Public – 6.70 per cent; For Senior Citizens – 7.20 per cent
15 months to less than 18 months: For General Public – 7.10 per cent; For Senior Citizens – 7.60 per cent
18 months to 2 years: For General Public – 7.10 per cent; For Senior Citizens – 7.60 per cent
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2 years 1 day to 3 years: For General Public – 7.00 per cent; For Senior Citizens – 7.50 per cent
3 years 1 day to 5 years: For General Public – 7.00 per cent; For Senior Citizens – 7.50 per cent
5 years 1 day to 10 years: For General Public – 7.00 per cent; For Senior Citizens – 7.50 per cent.
