The fixed Deposit investment option is one of the best financial products for those looking for zero risk and high returns. To be honest this is one of the safest investment options with fixed-income benefits. Moreover, major lenders offer higher interest rates to women and senior citizen FD investors. However, before investing experts suggest that one should consider all the available options. So, here is the FD rates comparison of ICICI, HDFC and PNB for 2023.
Latest FD Rates of ICICI, HDFC, and PNB for 2023
ICICI Bank FD Rates
ICICI bank is offering an interest rate of 3 per cent for the FDs maturing in 7 to 29 days and 3.5 per cent for the FD plans maturing between 30 and 45 days.
“ICICI Bank will now offer a 6.70 per cent interest rate on deposits maturing between one year and less than 15 months, a 7.10 per cent interest rate on FDs maturing between 15 months and less than 2 years, and a 7 per cent interest rate on deposits maturing between two years and a day and 5 years.”
The 6.9 per cent interest rate is offered by ICICI bank to every citizen investing in FD for five years to ten years and one day.
HDFC Bank FD Rates
HDFC bank is offering an interest rate of 3 per cent for the FDs maturing in 7 to 29 days and 3.5 per cent for the FD plans maturing between 30 and 45 days.
“HDFC Bank will offer a 6.60 per cent interest rate on deposits maturing between one year and less than 15 months, a 7.1 per cent interest rate on FDs maturing between 15 months and less than 2 years, and a 7 per cent interest rate on deposits maturing between two years and a day and 5 years.”
The 7 per cent interest rate is offered by ICICI bank to every citizen investing in FD for five years to ten years and one day.
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PNB FD Rates
” Punjab National Bank offers a 3.5 per cent rate for the general public and 4 per cent for senior citizens on fixed deposits of 7 days to 45 days. The bank offers 6.8 per cent for general investors and 7.75 per cent for senior citizens on FDs maturing between 1 year to 2 years. Senior citizens can get 7.5 per cent interest on FDs of 2 years to 3 years. The general public will get a 7 per cent return on the same FDs,” mentioned Zeenews.
