State Bank of India (SBI), Axis Bank, Kotak Mahindra Bank and IDFC First Bank offer fixed deposits (FDs) for tenures ranging from 7 days to 10 years. It's always important to compare the FD interest rates offered by various banks before parking your money for any FD deposit. Axis Bank and IDFC First Bank have revised interest rates on fixed deposits this month. Let's take a look at the latest FD interest rates offered by SBI, Axis Bank, IDFC First, Kotak Mahindra BankSBI latest FD interest rates (below ₹2 crore) for the general publicSBI FDs between 7 days to 45 days will fetch 2.9%. FD interest rates in IDFC First Bank range from 2.75%p.a.

Source: Mint May 10, 2021 02:03 UTC