Here is a list of 20 bank interest rates of Indian banks. These are applicable from June of 2009, and the banks may change this anytime, so this list may not be up to date. Each bank name is linked to the website of the bank and clicking it will land you on the page which has the latest deposit rates. Click that to ensure that the data you are viewing is up to date.

Most banks have laid out terms which are not very easy to compare from one to another, and so I have taken the rates which I found on most websites. Most of these rates are for deposits of under Rs. 15 lakhs.

I stopped at 20 because each bank has listed out its terms differently and I wasn’t happy with the comparison chart that follows.  Treat this  as a sort of a rough comparison chart.

S.No. Bank 1 Year to < 2 years 2 Years to < 3 years 3 Years to < 5 years

More than 5

1 State Bank of India

7.00%

7.25%

7.25%

7.75%

2 ICICI Bank

7.25%

7.75%

7.75%

8.25%

3 HDFC Bank

6%

7.25%

6.00%

6.00%

4 Canara Bank

7.25%

7.50%

7.50%

8.00%

5 Axis Bank

7.30%

7.60%

7.25%

7.25%

6 PNB

6.50%

7.00%

7.50%

7.00%

7 Andhra Bank

7.25%

7.25%

7.25%

7.25%

8 Bank of Baroda

7.00%

7.00%

7.00%

7.00%

9 State Bank of Hyderabad

7.25%

7.25%

7.25%

7.75%

10 State Bank of Patiala

7.50%

8.00%

8.00%

11 State Bank of Travancore

7.25%

7.50%

7.50%

8.00%

12 Allahabad Bank

8%

8.25%

8.25%

8.25%

13 Bank of India

7.00%

7.00%

7.00%

7.00%

14 Bank of Maharashtra

7.50%

7.50%

7.50%

7.50%

15 Central Bank of India

7.50%

7.50%

7.50%

8%

16 Dena Bank

7.25%

7.25%

7.50%

7.50%

17 IDBI Bank

7.50%

7.75%

7.75%

8.25%

18 Indian Bank

7.50%

7.75%

7.50%

19 Syndicate Bank

7.50%

7.75%

8.00%

7.75%

20 Kotak Bank

7.00%

7.00%

7.00%

7.00%

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