Bank FD Rates 2022: A Fixed Deposit (FD) is considered as a safe option by many people. As it is not linked to the market, the interest rates do not fluctuate and remain stable throughout the fixed deposit tenure. Along with the rising interest rates of loans, banks are also making their deposit schemes attractive. For this, they are increasing the interest rates on FDs.
ESAF Small Finance Bank is offering a special fixed deposit rate of 8 per cent for 999 days. The bank has offered the special FD till November 30, 2022. The bank is offering interest rates on fixed deposits in the range of 4 per cent to 8.50 per cent for the public. According to the EASAF Website, “Special FD rate of 8.00% for 999 days will be available till 30-Nov-2022.”
The bank is offering 8 per cent interest rate on FDs for the general public while 8.50 per cent to the senior citizens. The revised FD interest rates are effective from November 1, 2022.
IDBI Amrit Mahotsav Fixed Deposit Scheme
IDBI Bank is offering attractive interest rate for different maturities under the Amrit Mahotsav Deposits scheme. Under this scheme, IDBI Bank is giving 7.50 percent annual interest on deposits for 700 days to its customers. This attractive deposit scheme of the bank is for a limited time only. On completion of 75 years of independence, the bank has launched Amrit Mahotsav Deposit Scheme.
Presenting our #AmritMahotsav Fixed Deposit offer! Now avail upto 7.50% interest on Fixed Deposits for 700 days. pic.twitter.com/wY6cgpg69t
— IDBI BANK (@IDBI_Bank) November 3, 2022
Recently, many banks including State Bank of India (SBI), HDFC Bank, ICICI Bank, Axis Bank, Kotak Mahindra have increased interest rates on deposits with different maturities.
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Latest interest rate of banks
Canara Bank
The Bank offers a special fixed deposit scheme that provides 7.50% interest rate for a tenure of 666 days. The bank under the scheme is offering a 7% interest rate for general customers, whereas senior citizens will get a 7.5% interest on this fixed deposit plan. This scheme is for the amount under Rs 2 crore.
Now get maximum returns on your investment!
Presenting Canara Special Deposit Scheme that offers 7.50% interest by investing for 666 days. #CanaraBank #CanaraBankSpecialDepositScheme #666Days pic.twitter.com/I2WEoHzVQr
— Canara Bank (@canarabank) October 7, 2022
Utkarsh Small Finance Bank
The Bank offers a fixed deposit scheme that provides upto 8.50 per cent interest rate for a tenure of 700 days. The bank under the scheme is offering a 7.75 per cent interest rate for general customers, whereas senior citizens will get a 8.50 per cent interest on this fixed deposit plan. This scheme is for the amount under Rs 2 crore.
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