SBI has not hiked any FD rates in the festive season, its last hike was seen in the month of July 2018.įor tenure between 211 days to less than a year on deposits made below Rs 1 crore, SBI gives interest rate of 6.40% to general public, whereas to senior citizens it provides interest rate of 6.90%.
The interest rate stands at 7.35% and 7.85% for customers and senior citizens for tenure between 3 years to 5 years for deposits made over Rs 1 crore till Rs 5 crore. This interest rate is similar on tenures till 3 years for both senior citizens and general public. However, the interest on FD now is at 7.25% and 7.75% for customers and senior citizens whose tenure is between 3 years to 5 years on below Rs 1 crore deposits.įor FDs over Rs 1 cr but less than Rs 5 crore, HDFC Bank gives 7.50% interest rate for general public and 8% interest rate to senior citizens on their deposits made for 1 year tenure.