Archive · 24 Jul 2025
Latest Interest Rates on Fixed Deposits and Home Loans: December 6, 2024
Banks offer different interest rates on fixed deposits, which is a way to save money and earn interest.
Interest rates depend on the bank and the length of time you keep your money in the deposit.
For example, DBS Bank offers different rates for different time periods.
Banks also offer home loans with varying interest rates, both fixed and variable, which also depend on the lender.
Fixed deposit interest rates vary across different banks.
DBS Bank offers 6% for less than 1 year, up to 6.55% for 1-2 years.
HSBC offers 5.5% for 1-2 years, and 5.35% for 2-3 years.
Jana Small Finance Bank offers 7.5% for less than 1 year, and 7.75% for 1-2 years.
Home loan interest rates also vary, with floating rates and fixed rates available.
- Who
- Banks and financial institutions.
- What
- Interest rates on fixed deposits and home loans.
- When
- As of December 6, 2024
- Where
- Across various banks and financial institutions.
- Why
- To understand the current interest rates for savings and loans.
- DBS Bank (1-2 year FD)
- 6.55%
- HSBC (1-2 year FD)
- 5.5%
- Jana Small Finance Bank (1-2 year FD)
- 7.75%
- Axis Bank (Home Loan Floating)
- 8.35-9.35%
- Home Loan Rates (as of)
- December 6, 2024