1.50 lakh)įixed deposits or FDs are also offered by post offices. The following FD interest rates are applicable on deposits below Rs 2 crore, according to the bank's website - : Rate of Interest (% p.a.) w.e.f March 7, 2019ĥ years Tax saver FD (max up to Rs. The following FD interest rates are applicable on deposits below Rs 2 crore with effect from March 7, 2019, according to the bank's website - : Period The following FD interest rates are applicable on deposits below Rs 2 crore, according to the bank's website - sbi.co.in: Tenors Given below are the latest interest rates offered by SBI, HDFC Bank and ICICI Bank on fixed deposits (FDs) below Rs 2 crore: Fixed deposit interest rates vary across banks according to the tenor of a fixed deposit.

Lenders like State Bank of India (SBI), HDFC Bank, ICICI Bank, among others offer the facility of opening a fixed deposit. According to financial experts, investing in fixed deposit is secure because the returns on FD are fixed across predetermined, specific periods of time. In a fixed deposit (FD) account, money can be invested for a higher rate of interest than savings accounts. Fixed deposits (FDs) are secure investment instruments offered by banks and non-banking financial companies, which offer guaranteed returns.

Hdfc bank fixed deposit rates 2019