The Bank of Baroda offers the highest interest rate for a one-year deposit, with a rate of 6.85%. Punjab National Bank follows closely with a rate of 6.80%. Axis Bank offers the lowest rate at 6.00% for the same period.
For three-year deposits, Kotak Mahindra Ltd. and Bank of Baroda offer the highest rate at 7.15%. Axis Bank offers a rate of 7.10%, while ICICI Bank and HDFC Bank offer 7.00%.
For five-year deposits, Axis Bank offers the highest rate at 7.10%. Punjab National Bank offers the lowest rate at 6.55%. HDFC, Kotak, and ICICI Bank all offer a rate of 7.00% for the same period. Overall, Bank of Baroda and Kotak Mahindra Ltd. offer the highest rates for longer-term deposits, while Axis Bank offers the highest rate for shorter-term deposits.