Money & Banking

The Latest Fixed Deposit Interest Rates: Dec 31, 2021

| Updated on: Jan 13, 2022

A fixed deposit is a trusted way to maintain liquidity and earn an assured rate of return on the capital. Interest rates vary from one bank to another. Let's take a comprehensive look at the interest rates on offer today.

Bank <1

year
1 to 2

years
2 to 3

years
3 to 5

years
w.e.f
FOREIGN BANKS
Citi Bank 2.75 3 3.5 3.5 Dec 31
DBS Bank 3.5 4.75 5.5 5.5 Aug 20
Deutsche Bank 3.85 4.25 4.5 6.25 Mar 18
HSBC 3.1 3.75 4 4 Nov 26
Scotia Bank 2.2 2.25 2.55 2.55 Dec 16
Standard Chartered 4.6 5.4 5.4 5.4 Jul 17
INDIAN: PUBLIC SECTOR BANKS
Bank of Maharashtra 4.25 4.9 4.9 4.9 Jan 08
Bank of Baroda 4.4 5 5.1 5.25 Nov 16
Bank of India 4.35 5.05 5.05 5.05 Aug 01
Canara Bank 4.4 5.1 5.25 5.35 Aug 09
Central Bank of India 4.25 5 5 5 Nov 10
Indian Bank 4.4 5.1 5.2 5.25 Nov 05
Indian Overseas Bank 4.9 5.2 5.2 5.2 Nov 09
Punjab National Bank 4.4 5 5.1 5.25 Aug 01
Punjab & Sind Bank 4.5 5.05 5.3 5.3 Sep 16
State Bank of India 4.4 5.1 5.3 5.4 Jan 08
UCO Bank 4.4 5 5 5.05 Nov 16
Union Bank 4.4 5.1 5.3 5.4 Sep 01
INDIAN: PRIVATE SECTOR BANKS
Axis Bank 4.4 5.4 5.4 5.75 Dec 14
Bandhan Bank 4.5 5.5 5.5 5.25 Jun 07
Catholic Syrian 4.25 5 5.25 5.5 Nov 02
City Union Bank 4.75 5.25 5 5 Aug 01
DCB Bank 5.25 5.95 5.95 5.95 Nov 22
Dhanlaxmi Bank 4.25 5.15 5.3 5.4 Aug 01
Federal Bank 4.4 5.35 5.4 5.6 Dec 16
HDFC Bank 4.4 4.9 5.15 5.35 Dec 01
ICICI Bank 4.4 5 5.2 5.4 Dec 04
IDBI Bank 4.3 5.15 5.4 5.4 Aug 16
IDFC First Bank 4.75 5.25 5.75 6 Nov 23
IndusInd Bank 5.5 6 6 6 Jul 23
J & K Bank 4.5 5.1 5.2 5.3 Oct 11
Karnataka Bank 5 5.1 5.4 5.4 Nov 01
Kotak Bank 4.5 5.15 5.3 5.3 Dec 29
Karur Vysya Bank 4.25 5.25 5.25 5.75 Oct 08
RBL Bank 5.25 6 6.3 6.3 Sep 01
South Indian Bank 4.5 5.1 5.5 5.65 Dec 23
Tamilnad Mercantile Bank 5 5.35 5.35 5 Nov 18
TNSC Bank 5.75 6 5.85 6 Dec 09
Yes Bank 5.25 6 6.25 6.25 Nov 03
SMALL FINANCE BANKS
AU Small Finance Bank 4.85 5.85 6 5.75 Oct 14
Equitas Small Finance Bank 4.85 5.85 6 5.75 Oct 01
Fincare Small Finance Bank 5 6 6.5 6.75 Oct 25
Jana Small Finance Bank 5.5 6.5 6.5 6.75 May 07
Suryoday Small Finance Bank 5.75 6.5 7 6.75 Sep 09
Ujjivan Small Finance Bank 4.75 6.6 6.75 6.25 Dec 31

Compiled by BankBazaar.com from respective bank's website as on the date mentioned above. Note that fixed interest rates may be subject to a revision after a specified tenure depending on the bank's T&Cs.

Some banks/FIs allow fixed rate only for a definite period and thereafter prevailing floating rates are made applicable.

Published on January 09, 2022

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