123 personal finance

Listed below is a Fixed Deposit comparision/review of rates and tenures of major foreign and local private and public sector banks in India. Many banks have revised their respective rates and fine tuned their tenures to suit their requirements.
The rates are for various minimum amounts.
Most competitive rates are listed to yeild a higher annualised returns within shortest stipulated time frames.
The prepayment penalties are not considered.

NAME TERM(DAYS/YRS) STATED RATES(%) SENIORCITIZENS(%)

HSBC 400 10.25 10.50

CITIBANK NA 365 10 10.50

BARCLAYS BANK PLC 366 10.50 N.A

STANDARD CHARTERED 401 10.50 N.A

DEUTCHE BANK 1-1.5YRS 7.50 N.A

KOTAK MAHINDRA BANK 365-389 10.50 N.A

ICICI BANK 390 10.50 11

HDFC BANK 9M OR 1 YR + 10.50 11
15/16 DAYS

INGVYSYA 365 11 11.50

TAMILNADU MERCENTILE 1YR 10.50 10.75
BANK

IDBI 1-2YRS 10.25 10.75

SBI 1-2YRS 10 10.50


Kindly check the respective rates with corresponding banks before making any investment decision.