FD Interest Rates Updated: Reduction in fixed deposit interest rates, know which bank is giving how much interest…

FD Interest Rates Updated: The period of decline in the stock market continues. Meanwhile, private bank Yes Bank has announced a cut in its fixed deposit interest rates. The bank has made a reduction of 25 basis points, which has come into effect from November 5, 2024.

Now for common citizens, FD rates in Yes Bank range from 3.25% to 7.75%, whereas in fixed deposits, elderly people will get interest ranging from 3.75% to 8.25%. The highest interest rate on 18 month fixed deposit is 7.75% and for senior citizens it is 8.25%.

Besides, we are also telling you about the interest rates of State Bank of India, ICICI Bank, Punjab National Bank and HDFC Bank, which will make it easier for you to invest.

SBI FD Rates Updates

Whereas in fixed deposits, State Bank of India has given the interest rate for the general public from 3.50% to 7.10%, while the elderly are getting the benefit of 4% to 7.60%. Under SBI's special 400 day scheme, elderly people are getting 7.60% interest.

ICICI Bank Fixed Deposit Rates

ICICI Bank has also reduced the fixed deposit rates for general citizens from 3% to 7.25% and for senior citizens from 3.50% to 7.80%. Here the highest interest of 7.80% is being given on FD of 15 to 18 months.

HDFC Bank FD Interest Rates Updated

HDFC Bank has changed its FD rates from 3% to 7.35% for general public and from 3.50% to 7.85% for senior citizens. Here 7.75% interest is being given on FD of 2 years 11 months to 35 months.

PNB FD Interest Rates Updated

Punjab National Bank (PNB) has also fixed FD rates at 3.50% to 7.25% and for senior citizens at 4% to 7.75%. PNB's highest interest rate on 400 days FD is 7.75%