Yes Bank cuts FD interest rates: Comparing fixed deposit rates with SBI, HDFC Bank, ICICI Bank, Canara Bank, PNB
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Yes Bank cuts FD rate on this tenure
Yes Bank has cut fixed deposit (FD) interest rates by up to 25 basis points (bps) for specific tenures on deposits under Rs 3 crore. These revised FD interest rates are effective from November 5, 2024.
After the revision, regular citizens can now avail of FD interest rates ranging from 3.25% to 7.75%, while senior citizens are offered rates between 3.75% and 8.25%. The highest interest rate of 7.75% and 8.25% is provided on FD tenure of 18 months.
After the revision, regular citizens can now avail of FD interest rates ranging from 3.25% to 7.75%, while senior citizens are offered rates between 3.75% and 8.25%. The highest interest rate of 7.75% and 8.25% is provided on FD tenure of 18 months.
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SBI FD interest rates
SBI offers an interest rate between 3.50% - 7.10% for general citizens and 4% to 7.60% for senior citizens. According to the SBI website, “The specific tenor scheme of “400 days” (Amrit Kalash) at Rate of Interest of 7.10 % w.e.f. 12- April- 2023. Senior Citizens are eligible for rate of interest of 7.60%. The Scheme will be valid till 30-September-2024. The revised rates are effective from June 15, 2024.
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ICICI Bank FD interest rates
ICICI Bank offers an interest rate between 3% to 7.25% for regular citizens and 3.50% to 7.80% for senior citizens. The highest interest rate of 7.80 and 7.25 is offered for tenure of 15 months to less than 18 months. These rates were applicable from November 14, 2024.
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HDFC Bank FD interest rates
HDFC Bank offers an interest rate between 3% to 7.35% for regular citizens and 3.50% to 7.85% for senior citizens. The highest interest rate of 7.25% and 7.75% is offered for tenure of 2 Years 11 Months - 35 Months. These rates were applicable from July 24, 2024.
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Canara Bank FD interest rates
The bank will offer interest rates on deposits maturing in 7 days to 10 years of 4 per cent to 7.25 percent for the general public and 4 percent to 7.75 percent for senior citizens for callable deposits. The highest interest rate of 7.25% and 7.75% is offered for tenure on 444 Days. The revised rates are applicable from June 11, 2024.
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PNB FD rates
Punjab National Bank offers an interest rate between 3.50% to 7.25% for regular citizens and 4% to 7.75% for senior citizens. The highest interest rate of 7.25% and 7.75% is offered for tenure of 400 Days. These rates are applicable from October 1, 2024.