personal finance

Check fixed deposit interest rates of SBI, PNB, HDFC Bank and ICICI Bank


The fixed deposit (FD) is one of the mostly common used financial instruments by individuals as well as senior citizens to invest their money.

Conservative investors prefer bank FDs as they consider it be a safer option compared to equities.

Before investing you should compare FD rates offered by several banks. The following FD rates offered by State Bank of India (SBI), Punjab National Bank (PNB), HDFC Bank ,and ICICI Bank are the interest rates for January 2020, and for those FDs below Rs 2 crore.

FD rates offered by SBI (Individuals and Senior Citizen)

Tenors FD rates for public (%) FD rates for senior Citizens (%)
Above 1 year & up to 2 years 6.1 6.6
Above 2 year & up to 3 years 6.1 6.6
Above 3 year & up to 5 years 6.1 6.6
Above 5 years & up to 10 years 6.1 6.6


FD rates offered by PNB (Individuals and Senior Citizen)

Tenors FD rates for public (%) FD rates for senior Citizens (%)
Above 1 year & up to 2 years 6.3 6.8
Above 2 year & up to 3 years 6.25 6.75
Above 3 year & up to 5 years 6.25 6.75
Above 5 years & up to 10 years 6.3 7.8

FD rates offered by HDFC Bank (Individuals and Senior Citizen)

Tenors FD rates for public (%) FD rates for senior Citizens (%)
Above 1 year & upto 2 years 6.3 6.8
Above 2 year & upto 3 years 6.4 6.9
Above 3 year & upto 5 years 6.3 6.8
Above 5 years & upto 10 years 6.3 6.8

FD rates offered by ICICI Bank (Individuals and Senior Citizen)

Tenors FD rates for public (%) FD rates for senior Citizens (%)
1 year to 389 days 6.2 6.7
390 days to < 18 months 6.3 6.8
18 months to 2 years 6.3 6.8
2 years 1 day up to 3 years 6.4 6.9
3 years 1 day up to 5 years 6.4 6.9
5 years 1 day up to 10 years 6.4 6.9
5 Years Tax saver FD(Max up to Rs. 1.50 lac) 6.4 6.9


(Source: Data taken from respective banks’ website as mentioned above)





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