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India FD Interest Rate Roundup - September 15, 2011 | Ratekhoj.com, Best Fixed Deposits, Loans, Insurance Rates and Credit Cards

India FD Interest Rate Roundup - September 15, 2011

Posted in 80c, Banking, Fixed Deposits, NRO by Ram Vishnu
September 14, 2011

Best FD Interest Rates in India as of September 15, 2011

(You can get the current best fixed deposit rates in India here.)

Highest Fixed Deposit Rates for Non-Seniors in all Indian Banks

Duration	Institutions	Rate
3 months	Corporation Bank	8.75
6 months	Oriental Bank Of Commerce	9.10
1 year	Lakshmi Vilas Bank Greater Bombay Coop Bank	10.50
2 years	Lakshmi Vilas Bank Mahanagar Co-op Bank	10.50
3 years	Mahanagar Co-op Bank	10.50
4 years	City Union Bank Tamilnad Mercantile Bank	9.75
5 years	Tamilnad Mercantile Bank	10.00
>5 years	Tamilnad Mercantile Bank	10.00

Highest Fixed Deposit Rates for Non-Seniors in Public Sector Banks

Duration	Institutions	Rate
3 months	Corporation Bank	8.75
6 months	Oriental Bank Of Commerce	9.10
1 year	Oriental Bank Of Commerce	9.75
2 years	Oriental Bank Of Commerce	9.75
3 years	State Bank Of Travancore	9.60
4 years	State Bank Of Travancore	9.60
5 years	State Bank Of Travancore	9.60
>5 years	State Bank Of Travancore	9.60

Highest Fixed Deposit Rates for Seniors in all Indian Banks

Duration	Institutions	Rate
3 months	UCO Bank Corporation Bank	8.75
6 months	Oriental Bank Of Commerce	9.60
1 year	Greater Bombay Coop Bank	11.00
2 years	Lakshmi Vilas Bank Mahanagar Co-op Bank	10.75
3 years	Mahanagar Co-op Bank	10.75
4 years	Lakshmi Vilas Bank IDBI Bank	10.25
5 years	Tamilnad Mercantile Bank IDBI Bank Lakshmi Vilas Bank IDBI Bank	10.25
>5 years	IDBI Bank Tamilnad Mercantile Bank IDBI Bank	10.25

Highest Fixed Deposit Rates for Seniors in Public Sector Banks

Duration	Institutions	Rate
3 months	UCO Bank Corporation Bank	8.75
6 months	Oriental Bank Of Commerce	9.60
1 year	Oriental Bank Of Commerce IDBI Bank	10.25
2 years	Oriental Bank Of Commerce IDBI Bank	10.25
3 years	IDBI Bank	10.25
4 years	IDBI Bank	10.25
5 years	IDBI Bank	10.25
>5 years	IDBI Bank	10.25

Highest FD Rates for Non-Seniors for 80(C) tax savings deposits

(Max of Rs. 1 lakh per year. Duration of FD is minimum of 5 years)

Institutions	Rate
Tamilnad Mercantile Bank	10.00

Highest FD Rates for Seniors for 80(C) tax savings deposits

(Max of Rs. 1 lakh per year. Duration of FD is minimum of 5 years)

Institutions	Rate
Tamilnad Mercantile Bank	10.25

Highest NRO Fixed Deposit Rates (for NRIs)

Duration	Institutions	Rate
3 months	Syndicate Bank	8.50
6 months	Syndicate Bank	9.00
1 year	Tamilnad Mercantile Bank	10.00
2 years	Catholic Syrian Bank	9.70
3 years	Tamilnad Mercantile Bank	9.75
4 years	Tamilnad Mercantile Bank	9.75
5 years	Tamilnad Mercantile Bank	10.00
>5 years	Tamilnad Mercantile Bank	10.00

You can get the current best fixed deposit rates in India here.

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