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COMPARE FIXED DEPOSIT INTEREST RATES PAID BY  BANKS IN INDIA

Ads by Google COMPARISON OF FIXED DEPOSIT INTEREST RATES BY INDIAN BANKS -  2013   (Check Highest Rate of Interest Paid by Banks in India / Maximum Rate of Interest Paid by Indian Banks. Best Fixed Deposit Rates by Banks)   Which Banks Pay the Highest Rate of Interest on Fixed Deposits in 2013 ? Best Rate of Interest on Fixed Deposits in India in 2013 ? Comparative Bank Rates in India. Latest Deposit Rates of Banks in India 2013 We give below the Highest Rate of Interest or the maximum rate of interest on Fixed Deposits in certain buckets offered by banks in India in 2013 (in the first week of May, 2013) :-   Ads by Google Name of the Bank Period of fixed Deposit Rate of Interest(%) City Union Bank  500 days 365 days  to 499 days 10.00%  9.50% Lakshmi Vilas Bank 1 year  9.50% Tamilnad Mercantile Bank (TMB) 400 days 20 months 20 days 401 days to 20 months 20 days 9.75% 9.50% 9.25% State Bank of Bikaner and Jaipur Golden Jubilee Deposit (50 weeks) 1year to 5 years 9.60% 9.50% Karur Vysya Bank 1year to 2 years Above 2 years and upto 3 years 9.50% 9.25% Catholic Syrian Bank  365 days to and including 24 months 9.35% Bank of Baroda  7 years 6 months and 5 days 9.34%                       Moreover, some other banks are also offering 9.50% ROI for certain other tenures.  You can check the bank of your choice by clicking the links given below.   PS ; In addition to above rate of interest, most of the banks offer upto 0.5% extra to senior citizens  The above chart only gives a rough idea as to which banks are offering highest rate of interest  in a particular bucket on a particular date.   The above banks may not be offering the best rate of interest on fixed deposits in all other buckets / periods.   There is also a growing trend to pay higher interest for deposits of Rs.15 lakh and above / 1 crore and above.  Therefore, if you are bulk depositor, please check the same.     CLICK HERE FOR FIXED DEPOSIT CALCULATOR   Comparing rate of interests of banks in India for last few years indicate that they have been quite volatile.  In 2010, the rate of interest started again going up as banks were short of funds.   In the early 2011, these have further hardened.   However, since April 2012, the trend for deposit interest rate has been downward.   It appears the peak rate of interest are over at least for this phase.   There has been very frequent changes by not only foreign banks but also by Public Sector Banks and it becomes extremely difficult to keep updated data as most  banks do not inform the media about the changes, and some even do not update their websites promptly.    Moreover, now a days there are no standard buckets across all banks.  Some banks are offering very high rate of interest for a particular segments based on some odd days (e.g. 333 days, 400 days; 555 days; 1111 days etc. etc.)   It becomes all the more difficult to compare such rates in a single chart.   Therefore, for the time being, we have withdrawn the comparative charts of fixed deposits across all maturities.  Therefore, it is advised to check up with the respective Bank before final decision is taken up for deposits.    To make the life a bit easier for you, we give below the links for some major banks which will take you directly to the relevant page of interest rates of that bank.         DIRECT  LINKS  FOR  FIXED DEPOSIT  RATES  FOR  MAJOR  BANKS     S.No. Name of the Bank 1 Allahabad Bank 2 Andhra Bank 3 Axis Bank 4 Bank of Baroda 5 Bank of India 6 Bank of Maharashtra 7 Canara Bank 8 Catholic Syrian Bank 9 Corporation Bank 10 Central Bank of India 11 City Union Bank 12 DCB Bank 12 Dena Bank 13 Dhanalakshmi Bank 14 Federal Bank 15 HDFC Bank 16 ICICI Bank 17 IDBI Bank 18 Indian Bank 19 Indian Overseas Bank 20 Indus Ind Bank 21 Indian Bank 22 Indian Overseas Bank 23 ING Vysya Bank 24 J&K Bank 25 Karnataka Bank 26 Karur Vysya Bank 27 Kotak Bank 28 Lakshmi Vilas Bank 29 Oriental Bank of Commerce 30 Punjab National Bank 31 Punjab and Sind Bank 32 South Indian Bank 33 State Bank of Bikaner and Jaipur 34 State Bank of Hyderabad 35 State Bank of India 36 State Bank of Patiala 37 State Bank of Travancore 38 Syndicate Bank 39 Tamilnad Mercantile Bank Ltd 40 The Ratnakar Bank 41 UCO Bank 42 Union Bank of India 43 Yes Bank 44 Vijaya Bank     Foreign Banks   S No Name of the Bank 1 Abu Dhabi Commercial Bank 2 Bank of Ceylon 3 Citi Bank 4 China Trust Commercial Bank 5 Deutsche Bank 6 HSBC Bank 7 Standard Chartered Bank 8 Scotia Bank 9 Royal Bank of Scotland     CLICK HERE FOR FIXED DEPOSIT CALCULATOR       Click Here For :  Highest Rate of Interest on Saving Fund Accounts   You May Be Interested in Reading  Our Two other popular articles :        (a) HOT TIPS FOR BANK DEPOSITS                (b)  HOT TIPS FOR TDS  INTEREST ON BANK DEPOSITS     Click Here to know :  Highest Rate of Interest on Saving Fund Accounts