Current Fixed Deposit Interest Rates in India (Mar-2014)

Latest interest rates on bank FDs-Mar-2014Current Fixed Deposit Interest Rates in India (Mar-2014)

Current FD rates indicate that, in the last one month, public sector banks have reduced the fixed deposit rates. While there are minor changes in private bank FD rates, foreign banks have increased the FD rates.

Also Read: Latest RD rates in Mar-2014

Positive movers

  • Foreign banks: Deutsche Bank has increased the FD rates for 3 year period. HSBC has increased 1 year and 3 year fixed deposit rates.
  • Private Banks: Federal bank has increased deposit rates on a 1 year FD scheme.
  • Public Sector Banks: Allahabad Bank, Bank of Baroda and Bank of India have increased deposit rates for 1 year and 2 year tenure.

Negative Movers

  • Foreign Banks: Deutsche Bank reduced 1 year FD rates.
  • Private Banks: Karnataka bank has reduced 4 year deposit rate.
  • Public Sector Banks: Bank of Baroda, SBI and Bank of Maharastra has reduced the FD rates for various tenures from 1 year to 5 year period.

Comparison of current and latest bank FD interest rates among various banks in India.

The comparison list of latest bank FD rates would help investors to choose the right bank for fixed deposits. Green indicates that the rates have been increased compared to our previous month's article and RED indicates that the rates are reduced comparing to our previous month's article. is the only website in India, which tracks FD rates month on month and provides whether a particular bank has increased the FD rate or slashed the FD rates. This is a unique feature of our blog. Investment in bank FD provides a good fixed income option.

Also Read: What are the Fixed Income Options available ?

Latest bank FD interest rates in India - Mar-2014

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Current Fixed Deposit Interest Rates in India (Mar-2014)



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