What is a Bank Fixed Deposit?

Fixed Deposit, also called Term Deposit is an investment where the interest rate is guaranteed not to change for the nominated term, so you know exactly what your investment is worth.
Showing only the BEST Fixed Deposit Rates by each bank for the selected parameters. To view all rates, click here
INSTITUTION GROUP INTEREST % p.a PERIOD INVESTMENT (Rs) INVESTOR TYPE TAX STATUS

Saraswat Co-operative Bank Tamilnad Mercantile Bank

Cooperative Banks

10.25

400 days only (Bonanza III) 1 year to less than 2 years Bharat Akshaya Deposit Scheme - III - 500 days (Special Scheme) 1 year 18 months Special 400 days Deposit scheme 555 days

Less than Rs. 1 cr

General

Taxable

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Indian Private Sector Banks

10.25

Less than Rs. 1 cr

General

Taxable

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Bharat Co-operative Bank

Cooperative Banks

10.25

Less than Rs. 15 lakh

General

Taxable

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City Union Bank (CUB) Development Credit Bank The Ratnakar Bank

Indian Private Sector Banks Indian Private Sector Banks Indian Private Sector Banks

10.00 10.00 9.78

Less than Rs. 15 lakh Less than Rs. 15 lakh Less than Rs. 15 lakh

General General General

Taxable Taxable Taxable

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State Bank of Patiala

Public Sector / Nationalized Banks Public Sector / Nationalized Banks Public Sector / Nationalized Banks Cooperative Banks

9.75

Less than Rs. 1 cr

General

Taxable

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Oriental Bank of Commerce Punjab and Sind Bank

9.75

1 year to less than 2 years 500 days

Less than Rs. 15 lakh

General

Taxable

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9.75

Upto Rs. 15 lakh

General

Taxable

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Bassein Catholic Cooperative Bank Federal Bank Dhanalakshmi Bank Catholic Syrian Bank Dena Bank

9.75

Above 12 Months to 18 Months 1 year only 500 days 365 days to 374 days 365 days

Less than Rs. 15 lakh

General

Taxable

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Indian Private Sector Banks Indian Private Sector Banks Indian Private Sector Banks Public Sector / Nationalized Banks Indian Private Sector Banks Indian Private Sector Banks

9.75 9.75 9.60 9.60

Less than Rs. 15 lakh Less than Rs. 1 cr Less than Rs. 15 lakh Upto Rs. 15 lakh

General General General General

Taxable Taxable Taxable Taxable

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Kotak Bank Yes Bank

9.60 9.60

390 days 15 Months 15 days to 16 Months 555 days (Cent Super plus) (upto 31-03-2012) 1 year

Less than Rs. 15 lakh Less than Rs. 15 lakh

General General

Taxable Taxable

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Central Bank of India

Public Sector / Nationalized Banks Public Sector / Nationalized Banks Public Sector / Nationalized Banks Foreign Banks

9.55

Less than Rs. 1 cr

General

Taxable

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UCO Bank

9.50

Upto Rs. 5 cr

General

Taxable

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State Bank of Travancore

9.50

1 year to less than 2 years 500 days

Less than Rs. 1 cr

General

Taxable

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Abu Dhabi Commercial Bank Shamrao Vithal Cooperative Bank Allahabad Bank

9.50

Less than Rs. 1 cr

General

Taxable

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Cooperative Banks

9.50

365days to499 days

Less than Rs. 15 lakh

General

Taxable

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Public Sector / Nationalized Banks Indian Private Sector Banks Indian Private Sector Banks

9.50

1 year to less than 2 years 367 days to 500 days Above 1 year to less than 2 years Above 12 months to less than 2 years

Less than Rs. 5 cr

General

Taxable

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ING Vysya Bank Nainital Bank

9.50 9.50

Less than Rs. 15 lakh Less than Rs. 15 lakh

General General

Taxable Taxable

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Corporation Bank

Public Sector / Nationalized Banks

9.50

Less than Rs. 15 lakh

General

Taxable

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State Bank of Mysore

Public Sector / Nationalized Banks Indian Private Sector Banks

9.50

1 year to less than 2 years 400 days (SPECIAL SCHEMES) 1 year to less than 2 years 500 days

Less than Rs. 15 lakh

General

Taxable

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Indus Ind Bank

9.50

Less than Rs. 15 lakh

General

Taxable

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Indian Overseas Bank

Public Sector / Nationalized Banks Public Sector / Nationalized Banks Public Sector / Nationalized Banks Public Sector / Nationalized Banks Public Sector / Nationalized Banks Public Sector / Nationalized Banks Public Sector / Nationalized Banks Public Sector / Nationalized Banks Public Sector / Nationalized Banks Indian Private Sector Banks

9.50

Upto Rs. 25 lakh

General

Taxable

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IDBI Bank

9.50

Upto Rs. 15 lakh

General

Taxable

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State Bank of Hyderabad

9.40

1 year to less than 2 years Baroda Utsav Deposit scheme (444 days) 1 year to less than 2 years 555 days

Upto Rs. 1 cr

General

Taxable

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Bank of Baroda

9.35

Less than Rs. 1 cr

General

Taxable

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Syndicate Bank

9.35

Less than Rs. 5 cr

General

Taxable

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Punjab National Bank

9.30

Less than Rs. 1 cr

General

Taxable

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Bank of Maharashtra

9.30

Maha Nidhi (444 days)

Less than Rs. 1 cr

General

Taxable

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State Bank of India (SBI)

9.25

1 year to less than 2 years One year to less than Two years 14 months to less than 15 months 555 days

Less than Rs. 1 cr

General

Taxable

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Vijaya Bank

9.25

Less than Rs. 5 cr

General

Taxable

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Axis Bank

9.25

Less than Rs. 15 lakh

General

Taxable

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Bank of India

Public Sector / Nationalized Banks Indian Private Sector Banks

9.25

Less than Rs. 15 lakh

General

Taxable

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ICICI Bank

9.25

390 days to less than 2 years 1 year 16 days 12 months Only

Less than Rs. 15 lakh

General

Taxable

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HDFC Bank Bombay Mercantile Cooperative Bank Canara Bank

Indian Private Sector Banks Cooperative Banks

9.25 9.25

Less than Rs. 1 cr Less than Rs. 15 lakh

General General

Taxable Taxable

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Public Sector / Nationalized Banks Public Sector / Nationalized Banks Indian Private Sector Banks

9.25

1 year and above to less than 2 years 1 year to less than 2 years 1 year to less than 2 years 365 days to 400 days 365 days 1 year 1 day 372 days 1 year to 1.5 years

Less than Rs. 1 cr

General

Taxable

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United Bank of India

9.25

Less than Rs. 1 cr

General

Taxable

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J&K Bank

9.25

Less than Rs. 1 cr

General

Taxable

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Citi Bank HSBC Royal Bank of Scotland Standard Chartered Bank Deutsche Bank

Foreign Banks Foreign Banks Foreign Banks Foreign Banks Foreign Banks

9.00 9.00 8.50 8.00 7.60

Less than Rs. 15 lakh Less than Rs. 15 lakh Less than Rs. 15 lakh Less than Rs. 15 lakh Less than Rs. 15 lakh

General General General General General

Taxable Taxable Taxable Taxable Taxable

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