Fixed deposits (FDs) are one of the most popular saving schemes and tax-saving instruments. FDs, however, cannot be withdrawn until the end of the tenure, which makes it one of the sought after retirement savings plan. and the bank also provides suitable interest rates on FDs on the amount deposited below Rs 2 crore. Here are the key interest rates offered by State Bank of India, Punjab National Bank, ICICI Bank, HDFC Bank and Axis Bank on domestic term deposits for less than Rs 2 crore:

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State Bank of India:

ICICI Bank:

Axis Bank:

First Published:May 13, 2019 1:20 PM IST