Period | Interest Rate (per annum) 7 - 14 days 3.50% 15 - 29 days 4.00% 30 - 45 days 5.00% 46 - 60 days 7.00% 61 - 90 days 6.

50% 91 Days to less than 6 months 1 day 6.75% 6 months 1 day - 6 months 15 days 7.75% 6 months 16 days 7.75% 6 months 17 days - 9 months 15 days 7.25% 9 months 16 days 8.00% 9 months 17 days - 1 year 7.25% 1 year 1 day - 1 year 15 days 9.00% 1 year 16 days 9.25% 1 year 17 days - 2 years 8.50% 2 years 1 day - 2 years 15 days 8.50% 2 years 16 days 9.25% 2 years 17 days - 3 years 8.50% 3 years 1 day - 5 years 8.25% 5 years 1 day - 8 years 8.25% 8 Year 1 Day - 10 Years 8.25%

Compare Best fixed deposit rates in India February 2012

Please note that:-

For competitive rates best of +-1 days are listed below

 

Rates for deposit below 15 Lacs Last Updated on 2nd Fabruary 2012 1 3 6 9 1 2 3 5 >5 Promotional Mont Mont Month Month Year Year year Year Year Offer h h s s s s s s s 7.00 7.25 6.75 7.00 7.00 7.00 7.25 7.00 7.00 7.75 7.75 8.00 7.50 8.00 8.50 8.00 7.50 7.75 7.25 8.00 7.50 8.00 8.50 8.00 8.25 9.25 9.00 9.25 9.40 9.50 9.40 9.00 8.50 9.25 9.25 9.25 9.40 9.50 9.40 9.00 8.75 8.75 9.25 9.25 9.25 9.25 9.25 9.25 9.50 9.50 9.00 8.75 9.40 9.00 9.00 8.75 8.75 9.25 8.25 9.00 8.50 8.5 9.00 8.75 9.25 (1or 2 yr 16 days) 9.50 (1111 days) 9.50 (5Years10 Years) 9.25 (450 days) Withdrawn from 1st Nov 9.25 (555 days) 9.25 (590 or 790 or 990 days)

Banks

ICICI Bank 5.00 SBI Bank HDFC BANK Punjab National Bank Axis Bank Allahabad Bank Andhra Bank Bank of 7.00 5.00 4.50 5.00 5.00 4.50 5.50

India Central Bank Of India 5.00 5.75 8.50 7.25 5.00 7.75 7.00 7.00 7.30 7.25 7.25 7.25 7.00 8.00 8.65 7.50 9.50 8.50 9.25 8.75 8.50 8.75 7.60 7.75 8.00 8.10 8.25 7.10 8.00 9.00 8.70 7.75 8.50 8.50 9.25 8.75 8.50 9.00 7.75 9.25 8.00 8.10 8.25 7.60 8.50 9.25 8.70 7.75 9.55 9.25 9.65 9.00 9.75 9.50 9.00 9.50 8.25 9.25 9.00 7.60 9.00 9.50 9.50 7.75 9.35 9.30 9.50 8.75 9.50 9.40 9.25 9.50 8.75 9.25 8.75 8.50 8.00 9.50 9.25 8.25 9.35 9.30 9.05 9.25 9.25 9.09 9.40 (555 days)

Corporation 8.00 Bank Dhanlakshm 6.00 i Bank Federal Bank Kotak Mahindra Bank Bank of Baroda Barclays Bank Canara Bank Citibank India Deutsche Bank HSBC IDBI Bank 5.00 5.75 4.75

9.0012 month 9.65 9.25

10.1 10.10 ( 3 to 5 10.10 10.10 0 Years) 9.25 9.25 9.25 9.25 9.25 9.00 9.50 9.00 9.25 9.25 9.25 9.25 8.75 8.75 8.50 8.75 7.75 8.00 9.50 9.50 9.25 9.00 8.25 8.25 9.35 9.25 9.50 9.00 8.25 9.25 9.00 9.25 8.50 9.00 9.25 9.00 8.75 9.75 (1 Years) 9.50 (200Days) 9.50(1 Year to 699 Days) 9.35 (444 days ) NA 9.25(1111 days) 9.25 (555D) 9.25(1000Days ) NA NA 9.00(365 Days) 9.50 (500 days) 9.50 (366-500 days) 9.25 (440 days) 9.55(between 211-269 days) 9.30(271 Days) 9.60 (15 month 15 days to 16 months) NA 9.5 (15 Month) 9.50 (1 Years

Indian Bank 6.25 5.80 4.50 4.00 6.75 4.75 6.00

ING Vysya 5.50 Bank Standard Chartered Syndicate Bank Yes Bank 6.25 4.50

5.00

8.25 7.00 8.10 6.50

8.50 8.00 8.25 8.00

9.00 8.00 8.30 8.00

9.00 9.25 8.75 9.60

9.00 9.35 8.60 9.50

9.00 8.75 9.35 9.00 8.60 9.00 9.50 9.30

8.75 8.75 9.50 8.75

Vijaya Bank 4.00 DBS Bank Dena Bank 5.50 5.50

to 3 Years) City Union Bank 6.00 6.00 7.50 9.00 10.00 10.00 10.0 9.75 0 9.50 10 ( 1 Years to 3 Years)

FIXED DEPOSITS WITH COMPANIES

Cumulative Yeild Company Shriram Transport Finance Mahindra & Mahindra JP Associate DHFL Kolte Patil Ltd. Apollo Hospitals 1 Year 9.25 9.50 2 Year 9.75 10.25 9.25 13.80 11.36 11.50 9.25 3 Year 10.75 10.50 9.50 15.07 11.98 12.00 9.50

LIC Housing Finance 9.00 12.40 10.78 11.00 9.00

How to Avoid TDS( Tax Deduction on Source) on Fixed Deposit FD in India

70 rate or flag By FREEWORKING

TDS on Fixed Deposit

Fixed Deposit( F.D)- Fixed Deposit are the fund on which the interest is paid for the fixed term & the funds cant be withdrawn before maturity, & if the fund is withdrawn before maturity giving notice, there will be a huge loss of interest.

As all know, banks make fixed deposit to customer which have higher rate of interest compare to saving account. But sometimes we all see the bank deduct some amount of fixed deposit as TDS (Tax Deducted at Source). To get back the Tax from Income Tax Department is not easy and most of the people including me avoid doing so. There are some tips to save the interest on fixed deposit from TDS. What is the procedure to deduct TDS on F.D? 1The bank deducts TDS on fixed deposit only when the interest amount on fixed deposit exceeds Rs. 10000. 2The TDS rate on the fixed deposit is 10%.

3Bank will pay the remaining amount of interest like if you get 20000 Rs interest on your deposit Bank will pay 18000( 20000-10% of 20000). 4. For getting the refund of your Tax amount, one need to be files the income tax return

How to Avoid TDS on Fixed Deposit

1TDS is deducted at bank branch. So it is advisable to break up the deposit and make the F.D in some branch instead of making it in one branch with larger amount. 2Make the F.D of small amount in different branches. It will save your interest as lesser interest less chances of deducting TDS. 3You can submit Form 15H. You can submit form 15H if you havent any taxable income in previous year. This form is for below 65 years of age. 4You can submit Form 15G. You can submit form 15G if you havent any taxable income in previous year. This form is for below 65 years of age. 5All these forms should be submitted before 31st march of the year. If these forms are submitted on time, the bank will not deduct TDS.

Fixed Deposit Calculator

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