These two government banks updated the interest rate of Fixed Deposits, know the latest interest rate

The minimum interest rate of UCO Bank is 2.80 percent and the maximum interest rate is 5.60 percent. Talking about the Central Bank of India, the minimum interest rate is 2.75 percent and the maximum interest rate is 5.15 percent.

The interest rate has been increased.

After the meeting of the Monetary Policy Committee, the Reserve Bank of India (Reserve Bank of India) has once again decided not to make any changes in the interest rate. The repo rate remains unchanged at 4 per cent and the reverse repo rate at 3.35 per cent. Experts said that in this buy-monthly monetary policy, RBI can increase the reverse repo rate. After the announcement of the Monetary Policy Committee, two public sector banks have fixed deposits (Fixed Deposits) interest rate has been updated. Central Bank of India (Central Bank of India) and UCO Bank (UCO Bank) has implemented the new interest rate from February 10, while it is for an amount less than 2 crores. Let us know about the changed interest rate.

Talking about the Central Bank of India, the minimum interest rate is 2.75 percent and the maximum interest rate is 5.15 percent. The interest rate is 2.75 percent for 7-14 days, 2.90 percent for 15-30 days, 2.90 percent for 31-45 days, 3.25 percent for 46-90 days, 3.80 percent for 91-179 days.

Central Bank of India

Interest rate on fixed deposits.

4.25 per cent for 180-364 days, 5 per cent for less than 2 years to 1 year, 5.10 per cent for 2 years to less than 3 years, 5.10 per cent for less than 3-5 years and 5-10 years 5.15 per cent.

The minimum interest rate of UCO Bank is 2.80 percent and the maximum interest rate is 5.60 percent. The interest rate is 2.80 percent for 7-29 days, 3.05 percent for 30-45 days, 3.80 percent for 46-90 days, 3.95 percent for 91-180 days, 4.65 percent for 181-364 days. 5.35 per cent for 1 year, 5.60 per cent for 1-2 years, 5.60 per cent for 2-3 years, 5.80 per cent for less than 3-5 years and 5.60 per cent for more than 5 years. The new rate for senior citizens ranges from 4.05 per cent to 6.55 per cent.

General (Non-Staff, Non-Senior Citizen) General (Non-Staff, Senior Citizen) Ex-Staff (Senior Citizen) Existing Rate Ex-Staff (Senior Citizen) Revised Rate
1 7 – 14 Days 2.55% 2.80% 3.80% 4.05%
2 15 – 29 Days 2.55% 2.80% 3.80% 4.05%
3 30 – 45 Days 2.80% 3.05% 4.05% 4.30%
4 46 – 60 Days 3.55% 3.80% 4.80% 5.05%
5 61 – 90 Days 3.55% 3.80% 4.80% 5.05%
6 91 – 120 Days 3.70% 3.95% 4.95% 5.20%
7 121 – 150 Days 3.70% 3.95% 4.95% 5.20%
8 151-180 Days 3.70% 3.95% 4.95% 5.20%
9 181 to 364 days 4.40% 4.65% 5.65% 5.90%
10 1 year 5.10% 5.35% 6.15% 6.40%
11 More than 1 year but upto 2 Years 5.10% 5.60% 6.25% 6.50%
12 Above 2 Years upto 3 Years 5.10% 5.60% 6.25% 6.50%
13 Above 3 Years and less than 5 Years 5.30% 5.80% 6.30% 6.55%
14 5 years and above 5.10% 5.60% 6.30% 6.55%

State of SBI, HCFC, ICICI Bank

Explain that State Bank of India offers a minimum interest of 2.9 percent to 5.4 percent on fixed deposits. It ranges from 7 days to 10 years. In January, ICICI Bank also increased the interest rate for fixed deposits. This interest rate ranges from 2.50 percent to 5.60 percent. HDFC Bank has increased the interest rate by 5-10 basis points for fixed deposits of less than Rs 2 crore. The interest rate on FDs for 2 years 1 day to 3 years is 5.2 percent, for 3 years 1 day to 5 years, 5.4 percent and for 5 years 1 day to 10 years, the interest rate is 5.6 percent.

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