HSBC is a leading brand in the banking sector offering a host of banking services, including fixed deposit schemes. HSBC fixed interest rates are comparable with their market counterparts. By making investments in HSBC Fixed Deposit schemes, you can benefit from the higher interest rates compared to savings bank accounts.Read more
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|BANKS||GENERAL CITIZENS||SENIOR CITIZEN|
|Axis Bank FD Rates||2.50% - 5.75%||2.50% - 6.50%|
|Bandhan Bank FD Rates||3.00% - 5.00%||3.75% - 5.75%|
|Bank of Baroda FD Rates||2.80% - 5.25%||3.30% - 6.25%|
|Bank of India FD Rates||2.85% - 5.05%||3.35% - 5.55%|
|Canara Bank FD Rates||2.90% - 5.40%||2.90% - 5.90%|
|Central Bank of India FD Rates||2.75% - 5.00%||2.90% - 3.25%|
|DBS Bank FD Rates||2.50% - 5.50%||3.50% - 6.00%|
|HDFC Bank FD Rates||2.50% - 5.60%||3.00% - 6.35%|
|IDFC Bank FD Rates||2.50% - 6.00%||3.00% - 6.50%|
|Indian Bank FD Rates||2.90% - 5.15%||3.40% - 5.65%|
|Indian Overseas Bank FD Rates||3.40% - 5.20%||3.90% - 5.70%|
|IndusInd Bank FD Rates||2.50% - 6.00%||3.00% - 6.50%|
|Punjab National Bank FD Rates||2.90% - 5.25%||3.50% - 5.75%|
|SBI FD Rates||5.30% - 5.40%||5.80% - 6.20%|
|UCO Bank FD Rates||2.55% - 5.05%||3.80% - 6.30%|
|Yes Bank FD Rates||3.25% - 6.25%||3.75% - 7.25%|
FD accounts with HSBC bank are available for a diverse range of maturity periods beginning from 7 days to 5 years. HSBC bank offers a minimum interest rate of 2.75% and a maximum of 4% to the general public on their fixed deposits. Senior citizens are given an additional 0.5% interest on their FDs. This applies to all available maturity periods.
The table below shows HSBC fixed interest rates for 2021:
|Tenure||Interest Rate (%)for Regular Citizens||Interest Rate (%)for Senior Citizens|
|7 - 14 days||2.25||2.75|
|15 - 29 days||3||3.0|
|30 - 59 days||2.75||3.25|
|60 - 89 days||2.80||2.30|
|90 - 269 days||3.0||3.5|
|270 - 399 days||3.10||3.60|
|400 days (less than 18 months)||3.25||3.75|
|18 months (599 days)||3.30||3.80|
|601 days (699 days)||3.30||3.80|
|701 days to 731 days||3.50||4|
|732 days to less than 36 months||3.60||4.10|
|36 months to 60 months||4||4.50|
HSBC Fixed Deposit Account allows you to earn a higher interest rate at low risk. It has other benefits like easy opening of accounts, premature withdrawal and closure of the account.
Here are some peculiarities of HSBC fixed deposit:
HSBC Fixed Deposit calculator is an easy-to-use, hassle-free tool that helps in quick calculation of the maturity amount and the interest earned receivable at the end of the policy tenure. By entering some basic details, you can calculate the correct FD amount. Here are the steps that an investor needs to follow to calculate Fixed Deposit rates on the FD Calculator:
The amount that is invested
The Rate of Interest offered
The tenure of the Fixed Deposit Account
The compounding period, that is, yearly, half-yearly, quarterly, or monthly
The FD Amount
Once entered the following details, an investor will come to know:
The maturity value of the FD
The total interest earned during the complete tenure
HSBC is a multinational bank with a presence in most countries around the world. Apart from online and branch visits, you can even open an HSBC FD account through a phone call.
The following are some additional features of HSBC Bank fixed deposit schemes:
HSBC bank is a prestigious name in the banking sector globally. It offers a wide array of products and services, including fixed deposit plans. HSBC Fixed Interest Rate is both competitive in the market and attractive to investors. For higher standards of services and banking experience, choose HSBC Bank.
Rate of Interest (Yearly)
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