At present, 6.9-7.5 percent interest is being given in the Post Office TD Scheme, which is higher than the FD rates of many banks. Post Office TD Scheme works just like a bank FD, in which you invest a lump sum amount for a fixed time and on maturity you get the principal amount along with interest, hence many investors also call it ‘Post Office FD’. In Post Office TD Scheme, it is also said that 6.9 percent on one year investment, 7.0 percent on two year investment, 7.1 percent on three year investment and 7.5 percent on 5 year investment.

Only interest around Rs 90000

Bank interest rate after repo rate

State Bank of India (SBI)

SBI has reduced the interest rate for general customers from 6.45 percent to 6.40 percent from December 15, 2025. For senior citizens, it has been reduced from 6.95 percent to 6.90 percent. Apart from this, the interest rate on Amrit Vrishti FD has also been reduced from 6.60 percent to 6.45 percent.

Indian Bank

After RBI’s decision regarding repo rate, Indian Bank has also reduced its repo-linked benchmark lending rate from 8.2 percent to 7.95 percent.

ICICI Bank

After reducing the repo rate, ICICI Bank is currently giving interest between 2.75-6.60 percent on FDs of different tenures, while senior citizens are getting around 7.20 percent.

Bank of Baroda

After the reduction in repo rate, Bank of Baroda (BoB) has also reduced the repo-linked benchmark lending rate from the current 8.15 percent to 7.90 percent.

No interest will be given despite delay in tax refund, know what is the rule before getting disappointed?