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Tax Saver FD rate comparison

by primadmin
Tax Saver Fixed Deposit – Interest Rate Comparison (Maximum investment of Rs. 1.50 Lk in a FY will qualify for Tax rebate under Section 80C)
Private Sector Banks

5 Yrs Regular 5 Yrs Senior Citizen
Axis Bank 5.75% 6.50%
Bandhan Bank 6.25% 7.00%
Catholic Syrian Bank 5.25% 5.75%
City Union Bank 5.25% 5.25%
DCB Bank 5.95% 6.45%
Federal Bank 5.60% 6.25%
HDFC Bank 5.40% 5.90%
ICICI Bank 5.35% 5.85%
IDBI Bank 5.50% 6.00%
IDFC First Bank 6.00% 6.50%
IndusInd Bank 6.00% 6.50%
J&K Bank 5.30% 5.80%
Karnataka Bank 5.40% 5.80%
Karur Vysya Bank 5.75% 5.75%
Kotak Bank 5.30% 5.80%
RBL Bank 6.30% 6.80%
South Indian Bank 5.65% 6.15%
Tamilnad Mercantile Bank 5.00% 5.50%
Yes Bank 6.25% 6.40%

Nationalised Banks

5 Yrs Regular 5 Yrs Senior Citizen
Bank of Baroda 5.25% (5.25% for 10 Yrs) 5.75% (6.25% for 10 Yrs)
Bank of India 5.05% 5.55%
Bank of Maharashtra 4.90% 5.40%
Canara Bank 5.25% 5.75%
Central Bank of India 5.00% 5.50%
Indian Bank 5.15% 5.65%
Indian Overseas Bank 5.20% 5.20%
Punjab National Bank 5.25% 5.75%
Punjab & Sindh Bank 5.30% 5.80%
State Bank of India 5.40% 6.20%
UCO Bank 5.05% 5.55%
Union Bank of India 5.50% 5.50%

Foreign Banks

5 Yrs Regular 5 Yrs Senior Citizen
Citi Bank 3.50% 3.50%
DBS Bank 5.50% 6.00%
Deutsche Bank 6.25% 6.25%

Small Finance Bank

5 Yrs Regular 5 Yrs Senior Citizen
AU Small Finance Bank 5.75% 6.25%
Capital Small Finance Bank 6.00% 6.50%
ESAF Small Finance Bank 5.25% 5.75%
Jana Small Finance Bank 6.75% 7.55%
Suryoday Small Finance Bank 6.75% 7.00%
Ujjivan Small Finance Bank 6.40% 7.15%
Utkarsh Small Finance Bank 6.25% 6.75%

Note:Highlighted ones indicate the best rate in that bucket.
Disclaimer: While we have put in our best effort for providing you the latest interest rates, viewers need to cross check before investing and invest at their own risk. Updated on 18/01/2022.