Personal Finance

Latest fixed deposit rates offered by top five banks

Updated : May 14, 2019 10:27 AM IST

Fixed deposits (FDs) are one of the most popular saving schemes and tax-saving instruments

Latest fixed deposit rates offered by top five banks

Fixed deposits (FDs) are one of the most popular saving schemes and tax-saving instruments. FDs, however, cannot be withdrawn until the end of the tenure, which makes it one of the sought after retirement savings plan. and the bank also provides suitable interest rates on FDs on the amount deposited below Rs 2 crore. Here are the key interest rates offered by State Bank of India, Punjab National Bank, ICICI Bank, HDFC Bank and Axis Bank on domestic term deposits for less than Rs 2 crore:

State Bank of India:

Punjab National Bank:

ICICI Bank:

HDFC Bank:

Axis Bank:

Have you signed up for Primo, our daily newsletter?

It has all the stories and data on the market, business, economy and tech that you need to know.

To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more