Earn FD interest rate up to 8.75%: Top banks offering highest fixed deposit rates for tenures below one year
Short term deposit period can range between 7 days to 12 months. The long-term deposit ranges from above 1 year to 10 years. The FD interest rates offered vary from bank to bank, depending on the tenure.
The interest rates on short-term fixed deposits are greater than those on savings accounts, while lower than those on long-term deposits.
Let us take a look at at the interest rates offered by the top banks on such short-term FDs.
Private Banks
- HDFC Bank FD interest rates
HDFC Bank offers interest rates between 3% to 6.00% for tenure ranging from 7 days to less than one year for general citizens.
- ICICI Bank FD interest rates
HDFC Bank offers interest rates between 3% to 6.00% for tenure ranging from 7 days to less than one year for general citizens.
- Yes Bank FD interest rates
Yes Bank offers interest rates between 3.25% to 7.25% for tenure ranging from 7 days to one year for general citizens.
PSU Banks
SBI FD interest rates
SBI offers interest rates between 3 % to 5.75% for tenure ranging from 7 days to one year for general citizens.
- PNB FD interest rates
PNB offers interest rates between 3 % to 7% for tenure ranging from 7 days to one year for general citizens.
Also read: This HDFC Bank special FD offers up to 7.75% interest rate along with hospital cash insurance; who can invest, tenure, investment amount, interest payment
- Canara Bank FD interest rates
Canara offers interest rates between 4% to 6.85% for tenure ranging from 7 days to one year for general citizens.
Also read: FD interest rate
