Federal Bank revises interest rates on fixed deposits: Details inside

Federal Bank FD Rates 2022

The bank will now offer an interest rate of 4.25 per cent on deposits maturing in 6 months, while Federal Bank will now offer an interest rate of 4.80 per cent on deposits maturing in 9 months. The bank will now pay 5.45 per cent interest on fixed deposits maturing in one year and 5.75 per cent on deposits maturing in two years. Fixed deposits maturing in 750 days will now attract an interest rate of 6.00% and fixed deposits maturing in 3 years to 6 years will now attract an interest rate of 5.75%.

Federal Bank is now offering an interest rate of 5.95 per cent on deposits with maturities ranging from 2222 days to 75 months. In addition, the bank is now guaranteeing an interest rate of 5.75 per cent on deposits maturing in 7 to 10 years. Following the revision in the interest rate, elderly residents will now get interest rates ranging from 4.75 per cent to 6.40 per cent from Federal Bank on deposits maturing in 7 days to 10 years, in addition to 0.50 per cent higher than the regular rate. Bank.

After today’s revision by Federal Bank, senior citizens will get maximum interest rate of 6.60 per cent on fixed deposits maturing in 2222 days to 75 months, while general public will get maximum interest rate of 6 per cent on fixed deposits maturing in 750 days. will be received. Day.

On 16 July 2022, Canara Bank Revision of interest rates on fixed deposits. The bank is now offering an interest rate of 2.90% to 5.75% for general public on deposits maturing in 7 days to 10 years and 2.90% to 6.25% for older persons. Whereas on 16 July 2022 axis BankA private sector lender, hiked the interest rate by 25 basis points for deposits below Rs. 2 crores with maturities of 6 to 7 and 8 to 9 months respectively.

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