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Base Rates

Latest Fixed deposit Interest rate data on way2goals last Updated on February 3rd, 2012

The table below shows the base rate of various banks operating in India, including public sector, private and foreign banks.

What is base rate?

The base rate is the lowest rate at which banks can lend to anyone.

According to the RBI instructions, starting July 1st 2010, all banks will have to publish their base rates and determine the effective rate of interest for loan facilities. Some banks allow existing borrowers to either continue with the current system of chargeable effective rate of interest (linked to Benchmark lending rate) till the loan falls due or renewal/review, or switch over to the base rate system even prior to the due date of renewal/review, in case they are inclined to do so.

BankBase Rate(%)
DBS India 9.00
Karnataka Bank 9.00
The Royal Bank of Scotland 9.00
Kotak Mahindra Bank 9.50
South Indian Bank Limited 9.60
State Bank of Mysore 9.75
Punjab and Sind Bank 9.75
Standard and Chartered Bank 9.75
The Jammu and Kashmir Bank Limited 10.00
Axis Bank 10.00
Tamilnad Mercantile Bank Limited 10.00
The Catholic Syrian Bank 10.00
State Bank of Hyderabad 10.00
United Bank of India 10.00
State Bank of India 10.00
Andhra Bank 10.00
ICICI Bank 10.00
The Karur Vysya Bank Limited 10.00
HDFC Bank 10.00
Syndicate Bank 10.00
ING Vysya Bank 10.20
Corporation Bank 10.25
Vijaya Bank 10.25
Indian Bank 10.50
State Bank of Travancore 10.50
Yes Bank 10.50
Dena Bank 10.70
Bank of Maharashtra 10.70
Central Bank of India 10.75
Oriental Bank of Commerce 10.75
Canara Bank 10.75
Bank of India 10.75
Bank of Baroda 10.75
Allahabad Bank 10.75
Punjab National Bank 10.75
IDBI Bank 10.75
The Federal Bank Limited 10.75
Union Bank of India 10.75
Indian Overseas Bank 10.75
IndusInd Bank 10.75

Way2Goals helps you by providing centralized information about bank FDs which is updated twice a week. It has built-in filters to help you choose the Best Fixed Deposits to match your needs and see how your investment grows for your time horizon.

You can also find Interest Rates , branches, phone nos, link to bank website and download forms of a particular bank.

 

Allahabad Bank

Interest Rates Effective from September 14th, 2011

Andhra Bank

Interest Rates Effective from November 1st, 2011

Axis Bank

Interest Rates Effective from February 1st, 2012

Bank of Baroda

Interest Rates Effective from September 14th, 2011

Bank of India

Interest Rates Effective from June 27th, 2011

Bank of Maharashtra

Interest Rates Effective from August 22nd, 2011

Barclays Bank

Interest Rates Effective from September 20th, 2011

Canara Bank

Interest Rates Effective from December 29th, 2011

Central Bank of India

Interest Rates Effective from January 5th, 2012

Citi Bank

Interest Rates Effective from November 15th, 2011

City Union Bank

Interest Rates Effective from December 5th, 2011

Corporation Bank

Interest Rates Effective from December 9th, 2011

DBS India

Interest Rates Effective from January 31st, 2012

Dena Bank

Interest Rates Effective from December 19th, 2011

Development Credit Bank Ltd.

Interest Rates Effective from December 29th, 2011

HDFC Bank

Interest Rates Effective from August 13th, 2011

HSBC Bank India

Interest Rates Effective from August 2nd, 2011

ICICI Bank

Interest Rates Effective from July 22nd, 2011

IDBI Bank

Interest Rates Effective from August 1st, 2011

Indian Bank

Interest Rates Effective from September 23rd 2011

Indian Overseas Bank

Interest Rates Effective from December 12th, 2011

IndusInd Bank

Interest Rates Effective from January 9th, 2012

ING Vysya Bank

Interest Rates Effective from November 1st, 2011

Karnataka Bank

Interest Rates Effective from August 2nd, 2011

Kotak Mahindra Bank

Interest Rates Effective from January 19th, 2012

Oriental Bank of Commerce

Interest Rates Effective from November 28th, 2011

Post Office

Interest Rates Effective from December 1st, 2011

Punjab and Sind Bank

Interest Rates Effective from August 24th, 2011

Punjab National Bank

Interest Rates Effective from August 1st, 2011

South Indian Bank Limited

Interest Rates Effective from August 10th, 2011

Standard and Chartered Bank

Interest Rates Effective from December 12th, 2011

State Bank of Bikaner and Jaipur

Interest Rates Effective from December 23rd, 2011

State Bank of Hyderabad

Interest Rates Effective from July 12th, 2011

State Bank of India

Interest Rates Effective from January 1st, 2012

State Bank of Mysore

Interest Rates Effective from August 5th, 2011

State Bank of Travancore

Interest Rates Effective from December 1st,2011

Syndicate Bank

Interest Rates Effective from January 9th, 2012

Tamilnad Mercantile Bank Limited

Interest Rates Effective from November 10th, 2011

The A.P. Mahesh co-op urban Bank

Interest Rates Effective from July 7th, 2011

The Catholic Syrian Bank

Interest Rates Effective from January 2nd, 2012

The Federal Bank Limited

Interest Rates Effective from January 17th, 2012

The Jammu and Kashmir Bank Limited

Interest Rates Effective from December 23rd, 2011

The Karur Vysya Bank Limited

Interest Rates Effective from November 27th, 2011

The Lakshmi Vilas Bank

Interest Rates Effective from August 1st, 2011

The Royal Bank of Scotland

Interest Rates Effective from October 7th, 2011

TNSC Bank

Interest Rates Effective from January 23rd, 2012

Union Bank of India

Interest Rates Effective from December 23rd, 2011

United Bank of India

Interest Rates Effective from August 3rd, 2011

Vardhaman [Mahila] Urban co-op. Bank

Interest Rates Effective from June 16th, 2011

Vijaya Bank

Interest Rates Effective from June 7th, 2011

Yes Bank

Interest Rates Effective from December 23rd, 2011

Maturity value of Rs 1 Lac for General public

6 months 1 year 2 years

3 years 4 years 5 years

8 years 10 years

Highest interest paying FDs


Maturity value of Rs 1 Lac for seniors

6 months 1 year 2 years

3 years 4 years 5 years

8 years 10 years

Highest interest paying FDs

 

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