(Compare the Interest Rates Offered on deposits by all the public sector banks and major private sector bank in India at a quick glance.)
The names of public sector banks and private sector banks are separately listed below in an alphabetic order. The table at the right side of the banks’ name shows the interest rate for domestic deposits of below two crore offered by the respective bank for the period of 1 year, 2 years, 3 years 5 years and above 5 years which are updated at regular interval.
For current rate of interest offered by the banks on all types of deposits including Domestic Fixed deposits, SB A/cs, NRE/NRO/FCNR deposits etc.;
CLICK the Bank’s name that navigates you to concerned bank’s official websites showing the present rate of interest, offered by them on all types of deposits including Domestic Fixed deposits, SB A/cs, NRE/NRO/FCNR deposits.
Deposit rates of Public Sector and private sector Banks -at a glance as per official websites of respective bank as on 21.04.2019
| Bank names | 1 Year | 2 Years | 3 Years | 5 Years | 5+ Years | Special rates |
| Allahabad Bank | 6.75 | 6.60 | 6.50 | 6.50 | 6.50 | 1 year to less than 2 years 6.75%,333 DAYS 6.75 |
| Andhra Bank | 6.80 | 6.80 | 6.75 | 6.75 | 6.50 | Up to 2 years 6.80% |
| Bank of Baroda | 6.70 | 6.80 | 6.70 | 6.70 | 6.70 | above one year up to 400 days6.85%,>400 days up to 2 years 6.80%, 444 days 7% |
| Bank of India | 6.70 | 6.70 | 6.50 | 6.50 | 6.50 | *444 days 6.75% |
| Bank of Maharashtra | 6.50 | 6.50 | 6.50 | 6.25 | 6.25 | Above 3 yrs 6.25 |
| Canara Bank | 6.75 | 6.00 | 6.00 | 6.00 | 6.00 | above 1 year 6.0% 444 days 6.65%, 555 days 6.70% |
| Central Bank | 6.65 | 6.55 | 6.55 | 6.55 | 6.55 | 1 year< 2 years 6.60, 2 years and above 6.50 |
| Corporation Bank | 6.60 | 6.50 | 6.50 | 6.50 | 6.50 | For555 days 6.90%,556 to 665 days, 666 days 7%, |
| IDBI Bank | 7.25 | 7.20 | 6.85 | 6.85 | 6.25 | |
| Indian Overseas Bank | 6.60 | 6.75 | 6.80 | 6.80 | 6.80 | 1 year to < 2 years 6.60%, 2 years to < 3 yrs 6.75%, above 3 years 6.80% |
| Indian Bank | 6.75 | 6.50 | 6.00 | 6.00 | 6.00 | above 1 year to below 2 years 6.60% |
| Oriental bank of commerce | 7.00 | 6.75 | 6.70 | 6.75 | 6.75 | |
| Punjab National Bank | 6.75 | 6.75 | 6.75 | 6.25 | 6.25 | 555 days 6.75% |
| Punjab & Sind Bank | 7.00 | 7.00 | 6.55 | 6.55 | 6.55 | above 2yrs<3 yrs 6.80% |
| Syndicate Bank | 6.60 | 6.75 | 7.15 | 6.50 | 6.50 | 400 days 6.70% 501 to 2 years 6.75%, |
| UCO Bank | 6.60 | 6.50 | 6.50 | 6.50 | 6.50 | above 1 year 6.75% |
| Union Bank | 6.75 | 6.60 | 6.60 | 6.70 | 6.70 | 14 months to 3 years 6.60%, |
| United Bank | 6.50 | 6.25 | 6.00 | 6.00 | 6.00 | above1 year less than 3 years 6.25%, |
| State Bank of India | 6.80 | 6.80 | 6.80 | 6.85 | 6.85 | from 1 year less than 5 year 6.80% |
Deposit rates of major private sector banks -at a glance
| Bank names | 1 Year | 2 Years | 3 Years | 5 Years | 5+ Years | As appeared on official websites of the concerned bank as on 21.04.2019 |
| Axis Bank | 7.30 | 7.50 | 7.25 | 7.00 | 7.00 | From 2 years less than 2 yrs 7.50% |
| DCB Bank | 7.00 | 7.50 | 8.25 | 7.25 | 7.25 | above 2yrs less than 3 yrs 7.60%, |
| Federal Bank | 6.85 | 7.00 | 7.00 | 7.00 | 7.00 | above1 year up to 15 months 7.30 % |
| HDFC Bank | 7.30 | 7.30 | 7.40 | 7.25 | 7.25 | |
| ICICI Bank | 6.75 | 7.10 | 7.50 | 7.00 | 7.00 | 1 year to 389 days 6.90%, 390 days to 2 years 7.10% |
| J&K Bank | 7.30 | 7.30 | 7.30 | 6.50 | 6.50 | 1 year less than 5 year 7.30% |
| Karnataka Bank | 7.50 | 7.50 | 7.00 | 7.00 | 6.50 | above 2 yearsup to 5 years 7.00% |
| Karur Vysya Bank | 7.25 | 7.25 | 7.00 | 7.00 | 7.00 | 1 year less than 3 year 7.25% |
| Kotak Mahindra Bank | 7.20 | 7.10 | 7.00 | 6.50 | 6.50 | |
| RBL Bank | 8.00 | 8.05 | 760 | 7.60 | 7.60 | 60 months to less than 120 months 7.50%, 120 months to 240 months 7.20% |
| South Indian Bank | 7.40 | 7.00 | 7.25 | 7.25 | 7.25 | |
| Yes Bank | 7.25 | 7.25 | 7.25 | 7.25 | 7.25 |
Disclaimer: Public Sector Banks are the banks where Government of India has the majority capital stake and in Private Sector Banks, the private promoters and the general public are the shareholders. This website neither recommends the readers to put their deposit in any specific bank nor take any responsibility, in the events of a bank fails or goes into liquidation or reconstructed or amalgamated or merged with another bank.
As interest rates are subject to change without prior notice, the depositor shall ascertain from the concerned bank, the rates on the value date of FD. Readers/bankers/financial institutions may inform us about updates, corrections or any inclusions to be made in this post. Banks at their discretion offer additional interest to the resident senior citizens (of age 60 years and above), over and above the rate of interest admissible to general public. (Example: plus 0.25% p.a., 0.40% p.a., plus 0.50% p.a., maximum up to plus 1.00%). At present, most of the banks offer 0.50% additional interest to Senior Citizen over and above the rate of interest admissible to general public. Senior Citizens are therefore required to check the additional interest offered to them by the concerned bank before depositing their money.
Please prefer Lakshmi Vilas Bank Interest rates in this site also. They are giving High Rate Of Interest on Savings and Term Deposits..
O.K. noted
I’m not able to track the official website of the LVB for deposit rate. If possible send me the link.
I am SEP 1998 VRS pensioner of Canara Bank with BP Rs.7069/. What will be my pension for Feb 2018.
(2) What is the position of Bank Pensioner after recent Supreme court’s judgement?
Thanks, Regards. SBM
Sir, RAte of interest of O.B.C. needs correction.
Thank you, sir. I have changed the rate, as well as revised URL of the new official website.Thanks once again and regard.
had given a personal guarantee of a corporate loan.Does the personal loan needs to be renewed after a year or after a certain period or it is limitless till the company or i am alive.
It depends purely on the terms of the guarantee contract. However, if you decide to opt out, you will have to approach the lender directly with an application. Unfortunately, the discretion is solely dependent on the lender whether or not it will let you go. You may also approach the bank with an application for a release if there is a substitute guarantor for the loan. If the bank is really convinced why you are opting out and is convinced about the credentials of the substitute borrower, it may set you free. For limitation period of personal guarantee click and read the following link
https://bankingschool.co.in/loans-and-advances/how-to-compute-period-of-limitation-for-personal-guarantees/