Wednesday, 29 February 2012

Bank Fixed Deposits Interest Rate

  • Wednesday, 29 February 2012
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  • Given below are the Best Fixed Deposit Rates by each bank for the selected parameters:
    INSTITUTION GROUP INTEREST % p.a period INVESTMENT                            (Rs)                    Investor Type             tax status

    Bharat Co-operative Bank Cooperative Banks 10.25 Bharat Akshaya Deposit Scheme - III - 500 days (Special Scheme) Less than Rs. 15 lakh General Taxable
    Tamilnad Mercantile Bank Indian Private Sector Banks 10.25 1 year to less than 2 years Less than Rs. 1 cr General Taxable
    Development Credit Bank Indian Private Sector Banks 10.00 18 months Less than Rs. 15 lakh General Taxable
    Bassein Catholic Co-operative Bank Cooperative Banks 10.00 Above 12 Months to 18 Months Less than Rs. 15 lakh General Taxable
    The Ratnakar Bank Indian Private Sector Banks 9.78 Special 400 days Deposit scheme Less than Rs. 15 lakh General Taxable
    Dhanalakshmi Bank Indian Private Sector Banks 9.75 500 days Less than Rs. 1 cr General Taxable
    State Bank of Patiala Public Sector / Nationalized Banks 9.75 555 days Less than Rs. 1 cr General Taxable
    Oriental Bank of Commerce Public Sector / Nationalized Banks 9.75 1 year to less than 2 years Less than Rs. 15 lakh General Taxable
    Punjab and Sind Bank Public Sector / Nationalized Banks 9.75 500 days Upto Rs. 15 lakh General Taxable
    Federal Bank Indian Private Sector Banks 9.75 1 year only Less than Rs. 15 lakh General Taxable
    Corporation Bank Public Sector / Nationalized Banks 9.65 12 months only Less than Rs. 15 lakh General Taxable
    Dena Bank Public Sector / Nationalized Banks 9.60 365 days Upto Rs. 15 lakh General Taxable
    Catholic Syrian Bank Indian Private Sector Banks 9.60 365 days to 374 days Less than Rs. 15 lakh General Taxable
    Yes Bank Indian Private Sector Banks 9.60 15 Months 15 days to 16 Months Less than Rs. 15 lakh General Taxable
    ING Vysya Bank Indian Private Sector Banks 9.50 367 days to 500 days Less than Rs. 15 lakh General Taxable
    Kotak Bank Indian Private Sector Banks 9.50 Above 1 year to 389 days Less than Rs. 15 lakh General Taxable
    IDBI Bank Public Sector / Nationalized Banks 9.50 1 year 1 day to 499 days Upto Rs. 15 lakh General Taxable
    Indian Overseas Bank Public Sector / Nationalized Banks 9.50 1 year to less than 2 years Upto Rs. 25 lakh General Taxable
    Indus Ind Bank Indian Private Sector Banks 9.50 400 days (SPECIAL SCHEMES) Less than Rs. 15 lakh General Taxable
    State Bank of Travancore Public Sector / Nationalized Banks 9.50 500 days Less than Rs. 1 cr General Taxable
    UCO Bank Public Sector / Nationalized Banks 9.50 1 year Upto Rs. 5 cr General Taxable
    Abu Dhabi Commercial Bank Foreign Banks 9.50 500 days Less than Rs. 1 cr General Taxable
    Shamrao Vithal Co-operative Bank Cooperative Banks 9.50 365�days to�499 days Less than Rs. 15 lakh General Taxable
    Nainital Bank Indian Private Sector Banks 9.50 Above 1 year to less than 2 years Less than Rs. 15 lakh General Taxable
    State Bank of Mysore Public Sector / Nationalized Banks 9.50 1 year to less than 2 years Less than Rs. 15 lakh General Taxable
    Allahabad Bank Public Sector / Nationalized Banks 9.50 1 year to less than 2 years Less than Rs. 5 cr General Taxable
    State Bank of Hyderabad Public Sector / Nationalized Banks 9.40 1 year to less than 2 years Upto Rs. 1 cr General Taxable
    Bank of Baroda Public Sector / Nationalized Banks 9.35 Baroda Utsav Deposit scheme (444 days) Less than Rs. 1 cr General Taxable
    Syndicate Bank Public Sector / Nationalized Banks 9.35 1 year to less than 2 years Less than Rs. 5 cr General Taxable
    Punjab National Bank Public Sector / Nationalized Banks 9.30 555 days Less than Rs. 1 cr General Taxable
    Bank of Maharashtra Public Sector / Nationalized Banks 9.30 1 year Less than Rs. 1 cr General Taxable
    Central Bank of India Public Sector / Nationalized Banks 9.30 555 days (Cent Super plus) Less than Rs. 1 cr General Taxable
    Bank of India Public Sector / Nationalized Banks 9.25 555 days Less than Rs. 15 lakh General Taxable
    Axis Bank Indian Private Sector Banks 9.25 1 year to less than 14 months Less than Rs. 15 lakh General Taxable
    Canara Bank Public Sector / Nationalized Banks 9.25 556 days to less than 2 years Less than Rs. 1 cr General Taxable
    ICICI Bank Indian Private Sector Banks 9.25 390 days to less than 2 years Less than Rs. 15 lakh General Taxable
    State Bank of India (SBI) Public Sector / Nationalized Banks 9.25 1 year to less than 2 years Less than Rs. 1 cr General Taxable
    Bombay Mercantile Co-operative Bank Cooperative Banks 9.25 12 months Only Less than Rs. 15 lakh General Taxable
    Saraswat Co-operative Bank Cooperative Banks 9.25 12 months only Less than Rs. 1 cr General Taxable
    Vijaya Bank Public Sector / Nationalized Banks 9.25 One year to less than Two years Less than Rs. 5 cr General Taxable
    HDFC Bank Indian Private Sector Banks 9.25 1 year 16 days Less than Rs. 1 cr General Taxable
    J&K Bank Indian Private Sector Banks 9.25 1 year to less than 2 years Less than Rs. 1 cr General Taxable
    United Bank of India Public Sector / Nationalized Banks 9.25 1 year to less than 2 years Less than Rs. 1 cr General Taxable
    HSBC Foreign Banks 9.00 365 days Less than Rs. 15 lakh General Taxable
    Citi Bank Foreign Banks 9.00 365 days to 400 days Less than Rs. 15 lakh General Taxable
    Royal Bank of Scotland Foreign Banks 8.50 1 year 1 day Less than Rs. 15 lakh General Taxable
    Standard Chartered Bank Foreign Banks 8.00 372 days Less than Rs. 15 lakh General Taxable
    Deutsche Bank Foreign Banks 7.60 1 year to 1.5 years Less than Rs. 15 lakh General Taxable

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