The Revised Interest Rates on NRE Retail Term Deposit w.e. In case of premature closure of Fixed Deposit booked in the above offer (including sweep in / partial closure) post 5 years, the interest rate will be 1.25 less (penalty as applicable) of the rate on the date of deposit booked, to the period for which deposit remained with the bank and not at the contracted rate. HDFC Bank will offer a 2. On term deposits of 10 years, SBI is offering 7.5 interest to senior citizens.
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Axis Bank changed its FD rates with effect from February. Let your savings grow at optimum rate of interest at HDFC Bank. ICICI offers 7.5 interest on 2-3 yr FD as compared to 7.4 in the case of HDFC Bank. For Senior Citizen (aged 60 and above), additional Interest rate of 0.50% and for Super Senior Citizens (aged 80 years and above), additional Rate of 0.75% continues. Also Read: How to choose the right bank to save your money in fixed deposit State Bank of India Fixed Deposit. Open HDFC Banks Fixed Deposit Rupee Account to earn higher interest income on your Indian & foreign earnings. Get complete details about NRO Fixed Deposit Interest rates & calculate your maturity amount.Interest rate for IOB tax Saver deposit will remain unchanged at 6.50%.