On FDs maturing between five years and ten years, Axis Bank gives 7% to the general public and 7. On FDs maturing between five years and ten years, BoB offers an interest rate of 6.5 % to general customers and 7.15% to elderly people. The minimum amount required for opening an ICICI Bank tax-saving FD is ₹10,000, whereas the maximum deposit should not exceed ₹1,50,000 in a year.īank of Baroda tax-saving FDs latest rates ICICI Bank offers an interest rate of 7% to general customers and 7.5 % to senior citizens on FDs with maturity between five years and 10 years. Senior citizens get 50 basis points extra on these deposits. For deposits >5 crore, the base rate is the rate applicable. For deposits 2 crore to < 5 crore, the base rate is the rate applicable to deposits of 2 crores as on the date of booking the deposit. The bank is offering an interest rate of 7% on tax-saving FDs. on such withdrawal will be the contracted rate or the base rate applicable for the period the deposit has remained with the bank, whichever is lower. HDFC Bank offers fixed deposits of maturity of up to 10 years.
HDFC Bank allows the opening of tax-saving deposits with a minimum amount of ₹ 100. The minimum deposit in an SBI income tax saving FD is ₹1,000 and in multiples thereof whereas the maximum deposit should not exceed ₹1,50,000 in a year. SBI offers an interest rate of 6.5% for general customers and 7% for senior citizens on its tax-saving FDs.
