FINANCE

FD rates even before RBI changed the Repo Rate, know what are the new interest rates..

The meeting regarding the monetary policy (RBI Monetary Policy Repo Rate) of the Reserve Bank of India i.e. RBI has started. Soon RBI will decide whether the policy interest rates should be cut or increased or there should be no change. Even before the RBI sets the repo rate, many banks have revised their FD rates. Many people do FD, so everyone wants to know about these interest rates. Let us know about such banks, which have changed the interest rates of FD in the last few days.

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KARNATAKA BANK

Karnataka Bank has made some changes in its FD rates from December 2. Under this, if you make FD for a period of 7 days to 10 years, you will get interest ranging from 3.5 percent to 7.5 percent. The highest interest will be 7.50 percent on an FD of 375 days. If you are a senior citizen, then you will get interest up to 8 percent.

What are the interest rates?

Karnataka Bank is giving 3.50 percent interest on FDs of 7 days to 45 days. On the other hand, you will get 4 percent interest on FDs of 46-90 days. If you make an FD of 91 to 179 days, you will get 5.25 percent interest. You will get 6.25 percent interest on FDs of 180 days to less than 1 year. Apart from this, 7.25 percent interest will be given on FDs of 1-2 years and 7.50 percent interest will be given on FDs of 375 days. On the other hand, 6.50 percent interest will be given on FDs of 2-5 years and 5.80 percent interest will be given on FDs of 5-10 years.

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CANARA BANK

Canara Bank changed the interest rates given on FDs of less than Rs 3 crore on December 1. For common people, these changed rates range from 4 percent to 7.40 percent. If you are a senior citizen, you will get interest ranging from 4 percent to 7.9 percent.

What are the interest rates?

You will get 4 percent interest on FDs of 7-45 days. You will get 5.25 percent interest on FDs of 46-90 days. The bank will give you 5.5 percent interest on FDs of 91-179 days. At the same time, you will get 6.25 percent interest on FDs from 180 days to 1 year. Apart from this, you will get 6.85 percent interest on FDs of 1-2 years, 7.30 percent on FDs of 2-3 years, and 7.40 percent on FDs of 3-5 years.

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These 3 banks changed rates last month.

Apart from these, Yes Bank revised its interest rates on November 5. At the same time, IndusInd Bank and IDFC First Bank revised their interest rates on November 26 last month.

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