New Delhi: Bank FD Rates: After SBI, HDFC Bank, presently Canara Bank has given uplifting news to its crores of clients. Public area Canara Bank has expanded interest rates by up to 0.25 percent on fixed deposits (FDs) with various time spans.
New rates effective from March 1, 2022
In an explanation gave by Canara Bank, it was said that the new rates are compelling from March 1, 2022. It said that the interest rate of FD has been expanded to 5.1 percent for a time of one year. On FDs for one to two years, it has been expanded from 5% to 5.15 percent. Presently FD of 2-3 years will get 5.20 percent yearly premium.
Greatest increment of 0.25 percent
For Canara Bank, the interest rates on deposits of 3-5 years has been expanded to 5.45 percent, which was prior 5.25 percent. For the benefit of the bank, it was said that the interest rate has been expanded to 5.5 percent by expanding the most extreme 0.25 percent on fixed deposits of 5-10 years. Senior residents will get 0.50 percent for example half percent more premium on all FDs.
Interest on RD likewise expanded
Allow us to let you know that somewhat recently SBI, HDFC Bank and Bank of Baroda have likewise changed the interest rate on FDs. SBI had likewise changed the paces of repeating stores on February 20.
Interest on FD in SBI
7 days to 45 days- - 2.90%
46 days to 179 days- - 3.90%
180 days to 210 days- - 4.40%
211 days to under 1 year- - 4.40%
For over 1 year and under two years- - 5.10%
Over 2 years and under 3 years- - 5.20 %
Over 3 years and under 5 years - - 5.45%
For a considerable length of time to 10 years- - 5.50 %Premium acquired on FD in HDFC
7 to 14 days- - 2.50%
15 to 29 days- - 2.50%
30 to 45 days- - 3.00 %
46 days to 60 days- - 3.00 %
61 days to 90 days- - 3.00 %
91 days to a half year - 3.50%
6 Months 1 Day to 9 Months- - 4.40%
9 Months 1 Day to Less than 1 Year- - 4.40%
As long as 1 year- - 5.00%
1 year from 1 day to 2 years- - 5.00%
a long time from 1 day to 3 years- - 5.20%
3 Years 1 Day to 5 Years- - 5.45%
a long time from 1 day to 10 years- - 5.60%
