RBI Cuts Repo Rate Again: New FD Rates From SBI, HDFC, Axis & More, Full List Inside Daily Udaipur

RBI Repo Rate Update

rbi update relief for bank customers as rbi revises minimum balance penalty rules

RBI repo rate reduced to 5.5% after 50 basis point cut on June 6, 2025
Impact on FD and savings account interest rates

New FD Rates of Major Banks

SBI: 6.25% for 1–2 years, 6.05% for 5 years
HDFC Bank: 6.25% for 1 year, 6.4% for 5 years
Bank of Maharashtra, Axis Bank: 6.25% for 1 year (up to ₹3 crore)
Similar rates across other major banks

What is the Return on a ₹5 Lakh FD After 5 Years

₹5 lakh FD at HDFC for 5 years @ 6.4% interest
Interest earned: ₹1,86,823
Total maturity amount: ₹6,86,823

FD Investment Benefits

Safe investment option
Not affected by market fluctuations
Ideal for retirement planning and fixed income seekers

Author Profile

Kuldeep Singh Chundawat: My name is Kuldeep Singh Chundawat. I am an experienced content writer with several years of expertise in the field. Currently, I contribute to Daily Kiran, creating engaging and informative content across a variety of categories including technology, health, travel, education, and automobiles. My goal is to deliver accurate, insightful, and captivating information through my words to help readers stay informed and empowered.