Know your bank FD return: From SBI, ICICI Bank to HDFC Bank, top lenders offer these FD interest rates now

Bank FD interest rates: State Bank of India (SBI), ICICI Bank, HDFC Bank, Punjab National Bank (PNB) and a bunch of top lenders in the country pay FD interest rates offered to the tune of 3-7.75 per cent on domestic fixed deposits of up to Rs 2 crore.

Bank FD interest rates: SBI, ICICI Bank, HDFC Bank and a bunch of top lenders in the county pay FD interest rates to the tune of 3-7.75 per cent to the general public and slightly better FD interest rates to senior citizens. | Image: Reuters

Bank fixed deposit (FD) interest rates: Do you know the exact return you are getting on your fixed deposit (FD) at this very moment? Some of the biggest commercial banks in the country — including the likes of SBI, Punjab National Bank (PNB), HDFC Bank and ICICI Bank — currently offer FD interest rates to the tune of 3-7.75 per cent on domestic fixed deposits — also known as term deposits — up to Rs 2 crore. All of these lenders pay slightly better returns to senior citizen depositors in select maturities.

Here's a lowdown on the latest FD interest rates:

SBI interest rate on FD

SBI FD term (maturity period)	SBI interest rate with effect from February 15, 2023
SBI FD term (maturity period)	General public	Senior citizen
7 days to 45 days	3%	3.5%
46 days to 179 days	4.5%	5%
180 days to 210 days	5.25%	5.75%
211 days to less than 1 year	5.75%	6.25%
1 Year to less than 2 years	6.8%	7.3%
2 years to less than 3 years	7%	7.5%
3 years to less than 5 years	6.5%	7%
5 years and up to 10 years	6.5%	7.50%*
*Including additional premium of 50 bps under "SBI We-care" deposit scheme
Source: SBI website

ICICI Bank FD interest rate

ICICI Bank FD maturity period	FD interest rate with effect from February 24, 2023
ICICI Bank FD maturity period	General public	Senior citizen
7 days to 14 days	3.00%	3.50%
15 days to 29 days	3.00%	3.50%
30 days to 45 days	3.50%	4.00%
46 days to 60 days	4.25%	4.75%
61 days to 90 days	4.50%	5.00%
91 days to 120 days	4.75%	5.25%
121 days to 150 days	4.75%	5.25%
151 days to 184 days	4.75%	5.25%
185 days to 210 days	5.75%	6.25%
211 days to 270 days	5.75%	6.25%
271 days to 289 days	6.00%	6.50%
290 days to less than 1 year	6.00%	6.50%
1 year to 389 days	6.70%	7.20%
390 days to < 15 months	6.70%	7.20%
15 months to < 18 months	7.10%	7.60%
18 months to 2 years	7.10%	7.60%
2 years 1 day to 3 years	7.00%	7.50%
3 years 1 day to 5 years	7.00%	7.50%
5 years 1 day to 10 years	6.90%	7.50%
Source: ICICI Bank website

Punjab National Bank (PNB) FD interest rate

Punjab National Bank FD maturity period	FD interest rate with effect from February 20, 2023
Punjab National Bank FD maturity period	General public	Senior citizen
7 to 14 days	3.5%	4%
15 to 29days	3.5%	4%
30 to 45 days	3.5%	4%
46 to 90 days	4.5%	5%
91 to 179 days	4.5%	5%
180 days to 270 days	5.5%	6%
271 days to less than 1 year	5.8%	6.3%
1 year	6.8%	7.3%
Above 1 year to 665 days	6.8%	7.3%
666 days	7.25%	7.75%
667 days to 2 years	6.8%	7.3%
Above 2 year & up to 3 years	7%	7.5%
above 3 year & up to 5 years	6.5%	7%
above 5 years & up to 10 years	6.5%	7.3%
Source: PNB website

HDFC Bank FD interest rate

HDFC Bank FD maturity period	FD interest rate with effect from February 21, 2023
HDFC Bank FD maturity period	General public	Senior citizen
7 - 14 days	3.00%	3.50%
15 - 29 days	3.00%	3.50%
30 - 45 days	3.50%	4.00%
46 - 60 days	4.50%	5.00%
61 - 89 days	4.50%	5.00%
90 days < = 6 months	4.50%	5.00%
6 mnths 1 days <= 9 mnths	5.75%	6.25%
9 mnths 1 day to < 1 year	6.00%	6.50%
1 year to < 15 months	6.60%	7.10%
15 months to < 18 months	7.10%	7.60%
18 months to < 21 months	7.00%	7.50%
21 months - 2 years	7.00%	7.50%
2 years 1 day - 3 years	7.00%	7.50%
3 year 1 day to - 5 years	7.00%	7.50%
5 year 1 day - 10 years	7.00%	7.75%*
*An additional premium of 0.25% (over and above the existing premium of 0.5 per cent) for senior citizens booking a fixed deposit during the special deposit offer from May 18, 2020 to March 31, 2023
Source: HDFC Bank website

Axis Bank FD interest rate

Axis Bank FD maturity period	FD interest rate with effect from March 10, 2023
Axis Bank FD maturity period	General public	Senior citizen
7 days to 14 days	3.5%	3.5%
15 days to 29 days	3.5%	3.5%
30 days to 45 days	3.5%	3.5%
46 days to 60 days	4%	4%
61 days < 3 months	4.5%	4.5%
3 months < 4 months	4.75%	4.75%
4 months < 5 months	4.75%	4.75%
5 months < 6 months	4.75%	4.75%
6 months < 7 months	5.75%	6%
7 months < 8 months	5.75%	6%
8 months < 9 months	5.75%	6%
9 months < 10 months	6%	6.25%
10 months < 11 months	6%	6.25%
11 months to 11 months 24 days	6%	6.25%
11 months 25 days < 1 year	6%	6.25%
1 year to 1 year 4 days	6.75%	7.5%
1 year 5 days to 1 year 10 days	6.75%	7.5%
1 year 11 days to 1 year 24 days	6.75%	7.5%
1 year 25 days < 13 months	7.1%	7.85%
13 months < 14 months	7.15%	7.9%
14 months < 15 months	7.15%	7.9%
15 months < 16 months	7.15%	7.9%
16 months < 17 months	7.15%	7.9%
17 months < 18 months	7.15%	7.9%
18 Months < 2 years	7.15%	7.9%
2 years < 30 months	7.26%	8.01%
30 months < 3 years	7%	7.75%
3 years < 5 years	7%	7.75%
5 years to 10 years	7%	7.75%
Source: Axis Bank website