RBI Repo Rate Update
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
- 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.
Latest entries
Technology, BusinessFebruary 28, 2026AI Will Transform Jobs, Not Eliminate Them: Amazon CEO Andy Jassy
Politics, NationalFebruary 28, 2026Assam BJP to Announce Assembly Candidates After Holi Celebration
CricketFebruary 28, 2026Englands Thrilling Victory Over New Zealand in T20 World Cup 2026
SPORTSFebruary 27, 2026Chennaiyin FC Aims for First Win Against Odisha FC in ISL 2025-26
Follow Us on WhatsApp