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What is a Bank Fixed Deposit?

Fixed Deposit, also called Term Deposit is an investment where the interest rate is guaranteed not to change for the nominated term, so you know exactly what your investment is worth.

Expert Advice

Do you know this about your inoperative bank accounts?

Adhil Shetty, CEO, BankBazaar.com
Inoperative bank accounts must be attended to. Banks generally close internet banking, ATM, phone banking and such other facilities on such account.

Budget pinch: Pay tax on interest from recurring deposits

Arnav Pandya, Financial Advisor & Writer
Now the recurring deposits have been brought under the TDS ambit which means that if your earnings in a year from recurring deposits are more than Rs 10,000 then there will be an amount deducted and the net figure would be available to you at the time of the payout

Note : You are requested to reconfirm the rates from the respective institutions before making any financial commitments.

Search Bank Fixed Deposits

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Interest

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Showing only the BEST Fixed Deposit Rates by each bank for the selected parameters. To view all rates, click here
INSTITUTION GROUP INTEREST % p.a period INVESTMENT (Rs) Investor Type tax status  
The Ratnakar Bank Indian Private Sector Banks 7.40 12 month to less than 24 month Less than lakh to Rs. 1 cr General Taxable Calculate
Bombay Mercantile Co-operative Bank Cooperative Banks 7.25 Above 1 year to less than 2 years Less than Rs. 1cr General Taxable Calculate
Bassein Catholic Co-operative Bank Cooperative Banks 7.25 Above 12 Months to 18 Months Less than Rs. 15 lakh General Taxable Calculate
Shamrao Vithal Co-operative Bank Cooperative Banks 7.25 AV Deposit Scheme - 366 Days (Simple Interest) Less than Rs. 1 cr General Taxable Calculate
Yes Bank Indian Private Sector Banks 7.15 18 Months 8 Days to 18 Months 18 Days Less than Rs. 1cr General Taxable Calculate
Indus Ind Bank Indian Private Sector Banks 7.15 1 year to below 1 years 2 months Less than Rs. 15 lakh General Taxable Calculate
DCB Bank Indian Private Sector Banks 7.10 18 months to less than 24 months Less than Rs. 1 cr General Taxable Calculate
Zoroastrian Co-operative Bank Cooperative Banks 7.00 1year upto 24 months Less than Rs. 1 cr General Taxable Calculate
Standard Chartered Bank Foreign Banks 7.00 1 year to 375 days Less than Rs. 1 cr General Taxable Calculate
Tamilnad Mercantile Bank Indian Private Sector Banks 7.00 20 months 20 days Less than Rs. 15 lakh General Taxable Calculate
Union Bank of India Public Sector / Nationalized Banks 7.00 1 years Less than Rs. 1 cr General Taxable Calculate
Axis Bank Indian Private Sector Banks 7.00 14 months to less than 15 months Less than Rs. 1 cr General Taxable Calculate
HDFC Bank Indian Private Sector Banks 6.95 1 year 1 day - 1 year 3 days Less than Rs. 1 cr General Taxable Calculate
Kotak Bank Indian Private Sector Banks 6.90 390 Days (12 months 25 days) Less than Rs. 1 cr General Taxable Calculate
Canara Bank Public Sector / Nationalized Banks 6.90 1 year Less than Rs. 1cr General Taxable Calculate
Punjab National Bank Public Sector / Nationalized Banks 6.90 1 year Less than Rs. 1 cr General Taxable Calculate
State Bank of Travancore Public Sector / Nationalized Banks 6.90 1 year to 455 days Less than Rs. 1cr General Taxable Calculate
State Bank of Bikaner and Jaipur Public Sector / Nationalized Banks 6.90 1 year to 455 days Less than Rs. 1 cr General Taxable Calculate
State Bank of India (SBI) Public Sector / Nationalized Banks 6.90 1 year to 455 days Less than Rs. 1 cr General Taxable Calculate
State Bank of Patiala Public Sector / Nationalized Banks 6.90 1 year to 455 days Less than Rs. 1cr General Taxable Calculate
State Bank of Mysore Public Sector / Nationalized Banks 6.90 1 year to 455 days Less than Rs. 1 cr General Taxable Calculate
Deutsche Bank Foreign Banks 6.90 Above 1 year to 1.5 years Less than Rs. 1 cr General Taxable Calculate
State Bank of Hyderabad Public Sector / Nationalized Banks 6.90 1 year to 455 days Upto Rs. 1 cr General Taxable Calculate
Oriental Bank of Commerce Public Sector / Nationalized Banks 6.85 1 year to less than 2 years Less than Rs. 1 cr General Taxable Calculate
Dena Bank Public Sector / Nationalized Banks 6.80 Above 1 year to less than 2 years Less than Rs. 1cr General Taxable Calculate
Allahabad Bank Public Sector / Nationalized Banks 6.75 1 year to less than 2 years Less than Rs. 1 crore General Taxable Calculate
Karur Vysya Bank Indian Private Sector Banks 6.75 1 year to less than 2 years Less than Rs. 1 cr General Taxable Calculate
UCO Bank Public Sector / Nationalized Banks 6.65 1 year less than Rs. 1 cr General Taxable Calculate
Central Bank of India Public Sector / Nationalized Banks 6.60 1 year to less than 2 years Less than Rs. 1cr General Taxable Calculate
Vijaya Bank Public Sector / Nationalized Banks 6.50 1Year Less than Rs. 1 cr General Taxable Calculate
Catholic Syrian Bank Indian Private Sector Banks 6.50 1 Year Less than Rs. 1 cr General Taxable Calculate
Indian Overseas Bank Public Sector / Nationalized Banks 6.50 Above1 year to less than 2 years Upto Rs. 1 cr General Taxable Calculate
Syndicate Bank Public Sector / Nationalized Banks 6.50 1 year exact Less than Rs. 1cr General Taxable Calculate
HSBC Foreign Banks 6.25 400 days Less than Rs. 1cr General Taxable Calculate
Indian Bank Public Sector / Nationalized Banks 6.25 Above 1 year to less than 2 years less then Rs. 1cr General Taxable Calculate
United Bank of India Public Sector / Nationalized Banks 6.25 Above1 years to less than 2 years Less than Rs. 1 cr General Taxable Calculate
Citi Bank Foreign Banks 5.25 401 days to 540 days Less than Rs. 1 cr General Taxable Calculate
Royal Bank of Scotland Foreign Banks 4.00 1 year to less than 2 years Less than Rs. 1 cr General Taxable Calculate
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