Highest FD interest rate on which tenure: SBI vs ICICI Bank vs HDFC Bank vs Yes Bank vs PNB vs Canara Bank

economictimes.indiatimes.com:

A fixed deposit can be withdrawn easily online albeit by paying a penalty for premature withdrawal. However, on premature withdrawal, banks charge penalty to the depositors. This penalty will usually be in the form of a reduced rate of interest. Let us look at which banks are offering the best interest rates for which tenure.

State Bank of India offers FD interest rates between 3% to 7.10% for regular citizens for amounts below Rs 2 crore. The highest interest rate of 7.10% is offered on 400 days (Special Scheme i.e. “ Amrit Kalash”).

This PSU bank offers up to 8.85% FD interest rate; higher than PNB, Union Bank, Indian Bank

HDFC Bank offers FD interest rates between 3% to 7.25% for regular citizens for amounts below Rs 2 crore. The highest interest rate of 7.25% is offered on tenure of 4 Year 7 Months — 55 months( Special Edition Fixed Deposits)

ICICI Bank offers FD interest rates between 3% to 7.10% for regular citizens for amounts below Rs 2 crore. The highest interest rate of 7.10% is offered on tenure of 15 months to less than 2 years.

Yes Bank offers FD interest rate between 3.25% to 7.75% for regular citizens for amounts below Rs 2 crore. The highest interest rate of 7.75% is offered on tenure of 18 months to less than 36 months.

PNB offers FD interest rates between 3.50% to 7.25% for regular citizens for amounts below Rs 2 crore. The highest interest rate of 7.25% is offered on tenure of 444 days.

Canara bank offers FD interest rates between 3.50% to 7.25% for regular citizens for amounts below Rs 2 crore. The highest interest rate of 7.25%