Fixed Deposit (FD) Comparison of SBI, HDFC Bank, Canara Bank and Bank of Baroda

Fixed Deposit Comparison Of Sbi Hdfc Bank Canara Bank And Bank Of Baroda

FD Comparison of SBI, HDFC Bank, Canara Bank and Bank of Baroda : In this article, we will compare the interest rates on Fixed Deposit (FD) offered by SBI, HDFC Bank, Canara Bank and Bank of Baroda.

Canara Bank has revised the interest rate on its Fixed Deposit (FD) on March 1, 2022 by up to 25 basis points. SBI, HDFC Bank and Bank of Baroda (BOB) have increased their fixed deposit interest rates in February 2022. The interest rate charged on FDs of all banks varies according to their deposit tenure. Before making a fixed deposit, it is necessary to compare the interest rates on FDs of all banks.

Here we will compare the new interest rates on Fixed Deposits (FDs) of SBI, HDFC Bank, Canara Bank and Bank of Baroda.

Logo Canara Bank

Canara Bank new FD interest rates

According to the new interest rate, FD in Canara Bank for 7 to 45 days gives an interest rate of 2.90%. FD for 46 to 90 days, 91 to 179 days and 180 to 1 year offer interest rates of 3.9%, 3.95% and 4.40% respectively. An interest rate of 5.1% is available on getting FD for 1 year and 5.15% for getting FD for 1 year to 2 years. An interest rate of 5.2% is available on getting FD for 2 to 3 years and 5.45% for getting FD for 3 to 5 years. An interest rate of 5.5% is given on getting an FD for 5 to 10 years.

Logo Bank Of Baroda Scaled

New FD interest rates from Bank of Baroda

According to the new interest rate, an interest rate of 2.8% is available on getting FD in Bank of Baroda for 7 to 45 days. 3.7% interest rate is available on getting FD from 46 to 180 days. An interest rate of 5% is available on getting FD for 1 year and 5.1% for getting FD for 1 year to 3 years. Bank of Baroda gives an interest rate of 5.25% on getting FD for 3 to 10 years.

Logo Sbi State Bank Of India

SBI new FD interest rate

SBI FD for 7 days to 10 years offer interest rates ranging from 2.9% to 5.5% to its customers. Senior citizens are offered interest rates ranging from 3.4% to 6.30%.

Logo Hdfc Bank

HDFC Bank new FD interest rates

HDFC Bank offers 2.50% to 5.60% interest on FD between 7 days to 10 years. Offers interest rates ranging from 3% to 6.35% for senior citizens on FD between 7 days to 10 years. This interest rate has been implemented with effect from February 14, 2022.

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Neetin Shekhar

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