Citibank, a subsidiary of Citigroup has revised its fixed deposit interest rates recently. The bank now offers an interest rate of 1.85 percent to 3.50 percent to the general public and 2.35 percent to 4.00 percent to senior citizens for time deposits with maturities ranging from 7 to 1096 days.
The private lender now provides an interest rate of 1.85 percent on deposits maturing in seven to fourteen days, 1.90 percent on deposits maturing in 15 to 35 days, and 2.55 percent on FDs maturing in 36 to 180 days, following the most recent adjustment. Citibank offers 2.60 percent on term deposits with terms ranging from 181 to 270 days.
The Bank offers a 2.75 percent interest rate on FDs with a maturity term of 271 days to 540 days. Fixed deposits maturing in 541 days to 731 days will pay a 3% interest rate. In the maturity period of 732 days to less than 1096 days, FDs will yield 3.50 percent respectively.
Citibank latest FD rates:
Other Bank FD rates:
SBI latest FD interest rates (below Rs 2 crore) for the general public: SBI FDs between 7 days to 45 days will fetch 2.9%. Term deposits between 46 days to 179 days will give 3.9%. FDs of 180 days to less than one year will fetch 4.4%. FDs with 3 years to less than 5 years will offer 5.3% and term deposits maturing in 5 years and up to 10 years will continue giving 5.4%. The lender offers senior citizens’ an additional 50 bps interest rate across all tenors.
HDFC Bank latest FD interest rates (below Rs 2 crore) for the general public: HDFC Bank offers maximum interest rate of up to 5.5 per cent on fixed deposit of up to Rs 2 crore for tenure of up to 10 years. The Bank offers minimum interest rate of up to 2.5 per cent on fixed deposit tenor of 7 days to 14 days.
Axis Bank latest FD interest rates (below Rs 2 crore) for the general public: Axis Bank offers FDs across different tenures, ranging from 7 days to 10 years. The bank has revised the interest rate on FDs on 4 January 2021. For general customers, the bank gives interest on FDs ranging from 2.5% to 5.50%. Axis Bank offers a higher interest rate to senior citizens on select maturities.
IDFC First Bank latest FD interest rates (below Rs 2 crore) for the general public: IDFC First Bank offers short-term FDs ranging from seven days to one year and long-term FDs ranging from one to ten years. FD interest rates in IDFC First Bank range from 2.75%p.a. to 6% p.a. for deposits with a tenure of 7 days to ten years. These rates are effective from 1 May 2021.
Kotak Mahindra Bank latest FD interest rates (below Rs 2 crore) for the general public: Kotak Mahindra Bank gives interest rate ranging from 2.5% to 5.30% on term deposits maturing in 7 days to 10 years. These rates are applicable from 26 April 2021.
