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Fixed Deposit Rates

You are requested to reconfirm the rates from the respective banks before making any financial commitments.

a) For domestic deposits - Less than Rs. 15 lakh (last revised on Apr 26, 2012)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

 
7 days to 14 days (for single deposit of Rs.1 lakh and above) Less than Rs. 15 lakh

5.00

5.50

Calculate
15 days to 29 days Less than Rs. 15 lakh

5.00

5.50

Calculate
30 days to 45 days Less than Rs. 15 lakh

5.00

5.50

Calculate
46 days to 90 days Less than Rs. 15 lakh

7.00

7.50

Calculate
91 days to 180 days Less than Rs. 15 lakh

7.00

7.50

Calculate
181 days to 199 days Less than Rs. 15 lakh

8.50

9.00

Calculate
200 days Less than Rs. 15 lakh

8.50

9.00

Calculate
201 days to less than 1 year Less than Rs. 15 lakh

8.50

9.00

Calculate
1 year only Less than Rs. 15 lakh

9.25

9.75

Calculate
Above 1 year to less than 3 years Less than Rs. 15 lakh

9.00

9.50

Calculate
3 years and above Less than Rs. 15 lakh

9.00

9.50

Calculate

b) For domestic deposits - Rs. 15 lakh to less than Rs. 1 cr (last revised on Apr 26, 2012)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

 
7 days to 14 days (for single deposit of Rs.1 lakh and above) Rs. 15 lakh to less than Rs. 1 cr

5.00

5.50

Calculate
15 days to 29 days Rs. 15 lakh to less than Rs. 1 cr

5.00

5.50

Calculate
30 days to 45 days Rs. 15 lakh to less than Rs. 1 cr

5.00

5.50

Calculate
46 days to 90 days Rs. 15 lakh to less than Rs. 1 cr

7.00

7.50

Calculate
91 days to 180 days Rs. 15 lakh to less than Rs. 1 cr

7.00

7.50

Calculate
181 days to 199 days Rs. 15 lakh to less than Rs. 1 cr

8.50

9.00

Calculate
200 days Rs. 15 lakh to less than Rs. 1 cr

8.50

9.00

Calculate
201 days to less than 1 year Rs. 15 lakh to less than Rs. 1 cr

8.50

9.00

Calculate
1 year only Rs. 15 lakh to less than Rs. 1 cr

9.25

9.75

Calculate
Above 1 year to less than 3 years Rs. 15 lakh to less than Rs. 1 cr

9.00

9.50

Calculate
3 years and above Rs. 15 lakh to less than Rs. 1 cr

9.00

9.50

Calculate

Tax Saver Fixed Deposits (Amount capped at Rs. 1 lakh per Financial Year)

Maturity Period Deposit Amount

INTEREST RATE (% p.a.)

General

Senior Citizen

 
Federal Tax Savings Deposit Scheme (FTSD) - 5 Years Upto Rs. 1 lakh

9.00

9.50

Calculate

Tax Implications:

  • The amount invested in fixed deposits with a maturity period of 5 years in a Scheduled bank is eligible for tax deduction under section 80C. However, the interest earned on the deposit is taxable.
  • Tax will be deducted at the source, if the interest income on a fixed deposit per annum exceeds Rs.10000

a) For NRE Fixed Deposit - Less than Rs. 1 cr (last revised on Apr 26, 2012)

Maturity Period Deposit Amount INTEREST RATE (% p.a.)
1 year only Less than Rs. 1 cr 9.25 Calculate
Above 1 year to less than 3 years Less than Rs. 1 cr 9.00 Calculate
3 years and above Less than Rs. 1 cr 9.00 Calculate