Comparison of 2023 Fixed Deposit Interest Rates: SBI vs BoB vs HDFC vs ICICI Bank

At the Bank of Baroda, interest rates on fixed deposits (FDs) have altered. The new rates went into effect on May 12. Compare the FD rates offered by SBI, Bank of Baroda, ICICI, and HDFC Bank by scrolling down.

Latest FD Rates for 2023 from Bank of Baroda (BoB)

The lender is offering a 3 percent interest rate on terms ranging from 7 to 45 days. Customers can get a 4.5 percent return on FDs that mature in 46 to 180 days.

The interest rate for a term deposit with a duration of 181 to 210 days is 5.25 percent. If the FD matures in 211 days to less than a year, the interest rate is 5.75 percent.

6.75 percent returns will be given to customers on deposits made for one to two years. Customers who use the special 395-day Baroda Tiranga Plus Deposit Scheme will get interest at a rate of 7.25 percent.

Customers will earn a return of 7.05 percent on term deposits with tenors of more than two years but less than three years. FDs that mature in three to 10 years will receive interest at a rate of 6.5 percent.

Latest FD Rates for 2023 from State Bank of India (SBI)

Returns from SBI customers might range from 3 to 7.1 percent. The biggest lender in India offers senior folks an additional 0.5 percent interest. SBI offers term deposits at 6.8% with maturities ranging from one to two years. For maturities of three to 10 years, the interest rate on FDs is 6.5 percent.

2023 ICICI Bank FD Rates Latest

Regular FD investors can expect returns from ICICI Bank that vary from 3 to 7.1 percent.

2023 HDFC Bank FD Rates

On term deposits under Rs 2 crore, average investors can earn yields ranging from 3 to 7 percent.

Also Read : Know who is Swaminathan Janakiraman, the newly appointed Deputy Governor of the Reserve Bank of India

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