The maximum rate of interest that the bank offers is 7.75 percent to its senior citizens for a tenor of 444 days. And interestingly, when the tenor increases to longer than 444 days, the rate of interest falls to 6.90 percent. The maximum rate of interest of 7.75 percent is given to senior citizens for 399 days under Tiranga Plus Deposit Scheme.Ĭanara Bank: This Bank offers 7.25 percent interest to its depositors for a tenor of 444 days. HDFC Bank offers a range of fixed deposit schemes with interest rates ranging from 4.75 to 7.25 per annum for amounts less than 2 crore, and from 5.50 to 7.75 per annum for amounts greater than or equal to 5 crore. The maximum rate of interest that the bank offers is 7.70 percent which is given to senior citizens for a tenor that ranges between 390 days to less than two years.īank of Baroda: The state lender offers higher than 7 percent for tenors that ranges between 2-3 years (7.05 percent) and for 399 days for which it offers 7.25 percent under Baroda Tiranga Plus Deposit Scheme. Premature withdrawal is only allowed in exceptional circumstances After the. When tenor increases to 390 days or more, the rate rises to 7.20 percent. Sangeeta Ojha Non-withdrawable fixed deposits (FDs) from HDFC Bank cannot be closed before the expiry of the term.

Kotak Mahindra: Kotak Mahindra offers 7.10 percent interest rate on fixed deposits that are longer than 364 days. ( These rates of interest on FDs are only offered to the senior citizens)

Hdfc fixed deposit rates