Interest Rate on FD for 2 Year - Fab 2018

Fixed Deposit Definition -

Fixed Deposit Account are those accounts in which a fixed sum of money is deposited for a specified time usually for a period from 7 days to 10 years. A higher interest rate is offered on fixed deposits which varies from bank to bank according to the amount deposited and duration of investment. Private sector banks and foreign banks offer higher rate of interest as compared to public sector bank in order to attract more deposits.

Fixed Deposit Highlights -

  • Maximum Investment Amount: No such limit
  • Interest Rates Variable: From 7 to 9% based on term
  • Interest earned is taxable: Yes
  • Lock in Period: No
  • Tenure: 2 Years
  • Maturity Value: Taxable
  • Premature Withdrawals: Entire amount, anytime but after charging a certain penalty
  • Risk: Risky as compared to PPF

Interest Rate for 2 Years Fixed Deposit

The highest interest rate is offered by The Nainital Bank (for 2 years) at 7.90% and Rbl Bank (for 2 years) at 7.50% followed by Idfc Bank (for 2 years) at 7.25%.

BankMaturity Period Interest Rate (p.a.)Calculate
Fincare Small Finance Bank Ltd2 Years8.75%
North East Small Finance Bank Limited2 Years8.50%
Suryoday Small Finance Bank2 Years8.50%
Esaf Small Finance Bank Limited2 Years8.00%
Ujjivan Small Finance Bank Limited2 Years8.00%
The Nainital Bank Limited2 Years7.90%
Utkarsh Small Finance Bank2 Years7.85%
Deustche Bank2 Years7.25%
Dcb Bank Limited2 Years7.25%
Idfc Bank Limited2 Years7.25%
Equitas Small Finance Bank Limited2 Years7.25%
Rbl Bank Limited2 Years7.20%
Capital Small Finance Bank Limited2 Years7.20%
Laxmi Vilas Bank2 Years7.15%
Au Small Finance Bank Limited2 Years7.15%
City Union Bank Limited2 Years7.10%
Karnataka Bank Limited2 Years7.10%
Karur Vysya Bank2 Years7.00%
Tamilnad Mercantile Bank Limited2 Years7.00%
Yes Bank2 Years7.00%
Axis Bank2 Years6.90%
Bandhan Bank Limited2 Years6.80%
Indusind Bank2 Years6.80%
Federal Bank2 Years6.75%
Icici Bank Limited2 Years6.75%
Punjab National Bank2 Years6.75%
South Indian Bank2 Years6.75%
Kotak Mahindra Bank Limited2 Years6.70%
Dhanalakshmi Bank2 Years6.60%
Punjab And Sind Bank2 Years6.60%
Syndicate Bank2 Years6.60%
Vijaya Bank2 Years6.60%
Allahabad Bank2 Years6.50%
Andhra Bank2 Years6.50%
Bank Of Baroda2 Years6.50%
Bank Of India2 Years6.50%
Catholic Syrian Bank Limited2 Years6.50%
Central Bank Of India2 Years6.50%
Corporation Bank2 Years6.50%
Idbi Bank2 Years6.50%
Jammu And Kashmir Bank Limited2 Years6.50%
Oriental Bank Of Commerce2 Years6.50%
State Bank Of Bikaner And Jaipur2 Years6.50%
State Bank Of India2 Years6.50%
Standard Chartered Bank2 Years6.50%
State Bank Of Mysore2 Years6.50%
State Bank Of Patiala2 Years6.50%
State Bank Of Travancore2 Years6.50%
Uco Bank2 Years6.50%
Union Bank Of India2 Years6.50%
Bank Of Maharashtra2 Years6.25%
Dbs Bank Ltd2 Years6.25%
Hdfc Bank2 Years6.25%
Hsbc Bank2 Years6.25%
Indian Bank2 Years6.25%
Indian Overseas Bank2 Years6.25%
Canara Bank2 Years6.20%
Chinatrust Commercial Bank Limited2 Years6.10%
United Bank Of India2 Years6.00%
Citi Bank2 Years5.00%
Disclaimer: The Fixed Deposit Interest Rates keep on changing. You are advised to check the interest rates with banks before making your FD.      Source: Bank Websites

Upcoming Bank Holidays

2018 June 30 is a bank holiday in Mizoram due to Remna Ni.
2018 July 02 is a bank holiday in Andaman And Nicobar Island due to Annual Closing Of RBI.
2018 July 03 is a bank holiday in Meghalaya due to Beh Dienkhlam.
2018 July 05 is a bank holiday in Jammu And Kashmir due to Guru Hargobindji's Birthday.
2018 July 13 is a bank holiday in Arunachal Pradesh due to Bhanu Jayanti/Martyr's Day.
2018 July 17 is a bank holiday in Meghalaya due to U Tirot Sing Day.

Search IFSC/MICR/ATM

 

 

 

Financial Calculators

Search Bank By Branch

Bank Interest Rates

ALL INDIA BANKS LIST
A B BANK LIMITED ABN-AMRO Bank N.V ABU DHABI COMMERCIAL BANK AIRTEL PAYMENTS BANK LIMITED
ALLAHABAD BANK American Express Banking Corp ANDHRA BANK Antwerp Diamond Bank NV
AU SMALL FINANCE BANK LIMITED AXIS BANK B N P PARIBAS BANDHAN BANK LIMITED
BANK OF AMERICA BANK OF BAHARAIN AND KUWAIT BSC BANK OF BARODA BANK OF CEYLON
BANK OF INDIA BANK OF MAHARASHTRA BANK OF TOKYO MITSUBISHI LIMITED BARCLAYS BANK
BHARATIYA MAHILA BANK LIMITED Calyon Bank CANARA BANK CAPITAL SMALL FINANCE BANK LIMITED
CATHOLIC SYRIAN BANK LIMITED CENTRAL BANK OF INDIA CHINATRUST COMMERCIAL BANK LIMITED CITI BANK
CITY UNION BANK LIMITED CORPORATION BANK DBS Bank Ltd DCB BANK LIMITED
DENA BANK DEUSTCHE BANK DHANALAKSHMI BANK EQUITAS SMALL FINANCE BANK LIMITED
ESAF SMALL FINANCE BANK LIMITED EXPORT IMPORT BANK OF INDIA FEDERAL BANK FINCARE SMALL FINANCE BANK LTD
HDFC BANK HSBC BANK HSBC BANK OMAN SAOG ICICI BANK LIMITED
IDBI BANK IDFC BANK LIMITED INDIAN BANK INDIAN OVERSEAS BANK
INDUSIND BANK JAMMU AND KASHMIR BANK LIMITED JP MORGAN BANK JSC VTB BANK
KARNATAKA BANK LIMITED KARUR VYSYA BANK KOTAK MAHINDRA BANK LIMITED Krung Thai Bank Public Co. Ltd
LAXMI VILAS BANK MASHREQBANK PSC MIZUHO CORPORATE BANK LIMITED NORTH EAST SMALL FINANCE BANK LIMITED
OMAN INTERNATIONAL BANK SAOG ORIENTAL BANK OF COMMERCE PUNJAB AND SIND BANK PUNJAB NATIONAL BANK
RBL Bank Limited SBM BANK MAURITIUS LIMITED SHINHAN BANK SOCIETE GENERALE
SONALI BANK LTD SOUTH INDIAN BANK STANDARD CHARTERED BANK STATE BANK OF BIKANER AND JAIPUR
STATE BANK OF HYDERABAD STATE BANK OF INDIA STATE BANK OF MYSORE STATE BANK OF PATIALA
STATE BANK OF TRAVANCORE SURYODAY SMALL FINANCE BANK SYNDICATE BANK TAMILNAD MERCANTILE BANK LIMITED
THE BANK OF NOVA SCOTIA THE NAINITAL BANK LIMITED UBS AG UCO Bank
Ujjivan Small Finance Bank Limited UNION BANK OF INDIA UNITED BANK OF INDIA UNITED OVERSEAS BANK LIMITED
UTKARSH SMALL FINANCE BANK VIJAYA BANK Woori Bank YES BANK
ZILA SAHAKARI BANK LTD