Highest FD interest rates offered on 2-3 year tenures: SBI vs HDFC Bank vs ICICI Bank vs Yes Bank vs Canara Bank

economictimes.indiatimes.com:

Fixed deposit interest rates vary depending on the term, amount, tenure, and bank. Many banks offer their higher interest rates on 2–3-year tenures. Here is a comparison of fixed deposit interest rates of 2-3 year tenures of leading banks such as SBI, HDFC Bank, ICICI Bank, PNB, and Canara Bank.

Also read: Higher FD interest rates to continue as RBI holds repo rate; how to get best returns from fixed deposits

SBI FD interest rates

State Bank of India offers fixed deposit interest rates ranging between 3% to 7% for regular citizens on deposits below Rs 2 crore. The bank offers the highest interest rate of 7% on tenure of 2 years to less than 3 years. On the Amrit Kalash deposit, the interest rate offered is 7.10% for the general public.

HDFC Bank FD interest rates

HDFC Bank offers fixed deposit interest rates ranging between 3% to 7.20% for regular citizens on deposits below Rs 2 crore. The interest rate is offered on tenure of 15 months to less than 18 months is 7.15% for general citizens and 7.65% for senior citizens.

Also read: FD interest rate up to 8.25%:These 8 banks have revised fixed deposit interest rates in October 2023

ICICI Bank FD interest rates

ICICI Bank offers fixed deposit interest rates ranging between 3% to 7.10% for regular citizens on deposits below Rs 2 crore. The highest interest rate of 7.10% is offered on tenure of 15 months to less than 2 years and 7.60% for senior citizens on same tenure.

PNB FD interest rates

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

Canara Bank FD interest rates

Canara Bank offers fixed deposit interest rates