What was FD interest rate in 2016?
Axis Bank offers an interest rate of 6.25% per annum for regular depositors and 6.75% for senior citizens….Interest Rates of Tax-Saving Fixed Deposits for 2016.
| Banks | Tax-Saver FD Interest Rates | |
|---|---|---|
| Yes Bank | 7.10% | 7.60% |
| Kotak Mahindra Bank | 6.00% | 6.50% |
| Deutsche Bank | 8.00% | 8.00% |
| IndusInd Bank | 6.75% | 7.25% |
What was the FD interest rate in 2015?
Table 74 : Structure of Interest Rates
| (Per cent per annum) | ||
|---|---|---|
| Year (as at end March) | Call/ Notice Money Rates | Deposit Rates* |
| 2014-15 | 7.97 | 8.25-8.50 |
| 2015-16 | 6.98 | 7.00-7.30 |
| 2016-17 @ | 6.40 | 7.00-7.30 |
What was the FD interest rate in 2012?
Latest fixed deposit rates offered by State Bank of India.
👉 For more insights, check out this resource.
| Tenors | Revised rates w.e.f. 28.03.2012 |
|---|---|
| 181 days to 240 days | 8 |
| 241 days to less than 1 year | 8 |
| 1 year to less than 2 years | 9.25 |
| 2 years to less than 3 years | 9.25 |
What was FD interest rate in 2011?
Check out fixed deposit rates of HDFC Bank.
👉 Discover more in this in-depth guide.
| Period | Interest Rate (per annum) | Effective From |
|---|---|---|
| 15 – 29 days | 4.00% | 12-May-11 |
| 30 – 45 days | 5.00% | 12-May-11 |
| 46 – 60 days | 7.00% | Aug 13, 2011 |
| 61 – 90 days | 6.50% | 12-May-11 |
What was FD interest rate in 2017?
Here’s a list of Fixed Deposit interest rates offered by various banks as of October 2017.
| Institution | Tenure | Interest Rate |
|---|---|---|
| Post Office | 1 year – 5 years | 6.8% – 7.6% |
| State Bank of India | 1 year – 10 years | 6.50% – 6.25% |
| Axis Bank | 1 year – 10 years | 6.50% – 6% |
| Bank of India | 1 year – 10 years | 6.70% – 6.50% |
What was the bank interest rate in 2016?
As announced in the Fourth Bi-Monthly Monetary Policy Statement 2016-17 dated October 04, 2016, the Bank Rate stands adjusted by 25 basis points from 7.00 per cent to 6.75 per cent with effect from October 04, 2016.
What was the federal interest rate in 2016?
Federal Funds Rate – 62 Year Historical Chart
| Federal Funds Rate – Historical Annual Yield Data | ||
|---|---|---|
| Year | Average Yield | Annual % Change |
| 2017 | 1.00% | 141.82% |
| 2016 | 0.39% | 175.00% |
| 2015 | 0.13% | 233.33% |
What was the bank interest rate in 2015?
As announced in the Fourth Bi-Monthly Monetary Policy Statement 2015-16 dated September 29, 2015, the Bank Rate stands adjusted by 50 basis points from 8.25 per cent to 7.75 per cent with effect from September 29, 2015. 3.
What was interest rates in 2016?
Although they were a little higher to end the year, rates in 2016 averaged 3.65%. With global turmoil, investors flocked to the safety of the U.S. bond market to guarantee the steadiness of their investments. Rates began to rise after the 2016 presidential election.
How do I contact OCBC for time deposit rates?
Time Deposit Interest Rates For deposits of more than S$1,000,000, you may call us at (65) 6538 1111 or approach any OCBC Bank branch for interest rates.
What is the interest rate of OCBC monthly savings account?
Monthly Savings Account. Interest rate. Base interest. 0.05% a year*. When you deposit a minimum of S$50 and make no withdrawal that month. 0.05% a year*. OCBC Child Development Account (CDA) holders get an exclusive CDA Advantage Bonus Interest. (Not applicable to accounts opened from 2 May 2018 onwards) 0.10% a year*.
What is the interest rate for OCBC Child Development Account (CDA)?
0.05% a year*. When you deposit a minimum of S$50 and make no withdrawal that month. 0.05% a year*. OCBC Child Development Account (CDA) holders get an exclusive CDA Advantage Bonus Interest. (Not applicable to accounts opened from 2 May 2018 onwards) 0.10% a year*. *Applies to entire account balance.
What is the withdrawal amount for new fixed deposits?
New Fixed Deposits/Fixed Deposits rolled over from 5 March 2018 onwards. The withdrawal amount shall be in multiples of Ringgit Malaysia One Thousand (RM1,000). A minimum of Ringgit Malaysia One Thousand (RM1,000) per receipt must be maintained till maturity date; otherwise it will be treated as a full withdrawal of the Fixed Deposit/-i (s).
