As soon as the month of July started, many banks have changed their FD rates. These changes have come into effect from July 1, 2024. These changes have been made by all the banks for FDs up to Rs 3 crore. After the change, now the banks are offering FD rates up to 8.75 percent. Let us know which banks have changed the FD rates and how much interest they are offering you now.
Axis Bank FD rate
According to the website of Axis Bank, FD rates have been revised from July 1, 2024. The bank is offering the highest interest rate of 7.75 percent to senior citizens on FDs of 5-10 years. At the same time, the highest interest rate of 7.2 percent is being given to other people on FDs of 17 months to 18 months.
Ujjivan Small Finance Bank FD Rate
Ujjivan Small Finance Bank has also revised the rates on FDs up to Rs 3 crore from July 1, 2024. The bank is giving the highest interest rate of 8.75 percent to senior citizens on FDs of 12 months. At the same time, the rest of the people are being given 8.25 percent interest on FDs for a period of 12 months.
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ICICI Bank FD Rate
ICICI Bank has revised its FD rates. According to the bank’s website, these rates have become effective from June 29, 2024. These revised rates apply to FDs up to Rs 3 crore. The bank is giving the highest interest of 7.2 percent on FDs to the customers, which is being given for a period of 15 months to 2 years. At the same time, the interest given to senior citizens is 7.75 percent, which is being given for a period of 15 months to less than 18 months.
Punjab and Sind Bank FD Rate
Punjab and Sindh Bank has also revised the rates for FDs up to Rs 3 crore from July 1, 2024. The bank is giving the highest FD rate of 7.8 percent to senior citizens for a period of 666 days. At the same time, the rest of the people are being given the highest interest of 7.3 percent for the same period.
Bank of India fd rate
Bank of India is giving the highest interest rate of 7.8% to senior citizens for a period of 666 days. Whereas the rest of the people are being given 7.3% interest for the same period. Please note that these rates have become effective from June 30.
