DEPOSIT INTEREST RATES FOR BANKS IN INDIA

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Deposit Interest Rates in India had been going down for last few years, but in recent months these have again shown upward trend. .  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.  .   We have below compiled the list of banks and tried to give the appropriate links so that you can directly go to the website of the bank to know the latest interest rates. . It is possible that in some cases the same could  not be updated due to non-supply / confirmation of changed details by respective banks.   Therefore, it is advised to check up with the respective Bank before final decision is taken up for deposits.  

(The Interest Rates given on banks sites is usually  for the lowest slab of deposits.  For deposits above Rs.15 lacs , 1 crore , 2 crores etc., most of the banks have higher rates.  Similarly, Senior citizens are offered higher rate of interest by most of the Banks.  Thus, it is advisable to check such interest rates on respective sites of the banks.)