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Hdfc fixed deposit interest rates 202412/28/2023 ICICI Bank FD Rates: As of October 10, 2023, this bank presents interest rates for its FD schemes within the range of 3 percent to 7 percent. ICICI Bank (Rates on deposit of less than Rs 5 Crores) Additionally, for a tenure of two years to less than three years, the bank offers a rate of 7 percent. Specifically, for FDs maturing in one year, the bank provides an interest rate of 6.80 percent. SBI FD Rates: General customers investing in Fixed Deposits (FDs) with the State Bank of India can avail interest rates ranging from 3 percent to 6.10 percent, with senior citizens receiving an additional 50 basis points (bps). State Bank of India (Rates on deposit of less than Rs 2 Crores) Therefore, in this article, we have four banks offering the FD with their interest rates However, before making any investment, it is necessary to compare the FD rates of various banks. On the other hand, senior citizens enjoy an additional 0.5 per cent interest rate. There are multiple banks offering interest rates ranging between 3 to 7 per cent depending on the tenure of the investment. It is considered as a low-risk investment that allows depositors to park their idle money for a fixed period and earn fixed interest on it at regular intervals during the chosen tenure or at maturity. Fixed deposit (FD), also known as time deposit or term deposit, is a popular investment option.
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