Overall, an increase in fixed deposit rates offered by NBFCs can be beneficial for customers who are looking for a safe and reliable investment option that offers attractive returns. When we compare the FD rates of SBI, HDFC Bank, and ICICI Bank, ICICI Bank is offering the maximum interest rate of 6.50 per cent for the 5-years-to-10-years scheme. Tenure For general public For senior citizens 7-14 days: 2. SBI FD interest rates below Rs 2 crore for the general public. HDFC Bank, with effect from 13 November 2020, modified its interest rates on fixed deposits. Interest earned on the Fixed Deposit will be subject to Tax Deducted at Source as per Income Tax laws. Kerala Transport Development Finance Corporation ICICI Bank gives interest rates ranging from 2.5 to 5.50 on deposits between 7 days to 10 years of maturity. HDFC Ltd.* (Regular Deposit up to Rs 2 cr) Additional interest rate for senior citizen (p.a.) HDFC Bank has revised its interest rates on non-withdrawable fixed deposits (FDs).As per the official website of HDFC Bank, interest rates on these deposits are effective from today 27th November.
