Many banks made changes in the interest received on FDs, know where to get FDs now beneficial

 

The country's largest banks, State Bank of India (SBI), Canara Bank, IDFC First Bank and Kotak Mahindra Bank have recently revised the rates of interest on their fixed deposits (FD). Now the investor will get more interest on FD of some duration and less interest on FD of some duration. If you are also planning to make a fixed deposit, here we are telling you which bank is paying how much interest on the fixed deposit.

 

How much interest is being received on 2-year fixed deposit

 

 

Bank	Interest Rate (in%)
SBI	5.10
Canara Bank	5.40
IDFC First Bank	5.05
Kotak Mahindra Bnak	5.00
HDFC Bank	5.15
ICICI Bank	5.15
Punjab National Bank	5.20
Bank of Baroda	5.10
Bank of India	5.30
Union Bank	5.50

 

 

How much interest is being received on 3-year fixed deposit

 

 

Bank	Interest Rate (in%)
SBI	5.30
Canara Bank	5.50
IDFC First Bank	5.05
Kotak Mahindra bank	5.10
HDFC Bank	5.30
ICICI Bank	5.35
Punjab National Bank	5.30
Bank of Baroda	5.25
Bank of Baroda	5.30
Union Bank	5.55

 

 

How much interest is being received on 5 years fixed deposit

 

 

Bank	Interest Rate (in%)
SBI	5.40
Canara Bank	5.50
IDFC First Bank	5.50
Kotak Mahindra Bank	5.25
HDFC Bank	5.50
ICICI Bank	5.50
Punjab National Bank	5.30
Bank of Baroda	5.25
Bank of India	5.30
Union Bank	5.60