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Historic FD Interest Rates


wealthymattersIn case you ever wonder how much higher or lower FD rates are likely to go here is a table showing historical rates.Personally I consider 8%pa as a sort of cut off point and have an aversion for FDs of any length when rates are below 9%.So I try to book them for longer tenures when rates are higher and ride out the lean periods.When FDs are lean pickings the PPF is likely to be a better bet.

Year FD Rate
1970-71 7.25
1971-72 7.25
1972-73 7.25
1973-74 7.25
1974-75 8.00-10.00
1975-76 10.00
1976-77 10.00
1977-78 9.00
1978-79 9.00
1979-80 10.00
1980-81 10.00
1981-82 10.00
1982-83 11.00
1983-84 11.00
1984-85 11.00
1985-86 11.00
1986-87 11.00
1987-88 10.00
1988-89 10.00
1989-90 10.00
1990-91 11.00
1991-92 13.00
1992-93 11.00
1993-94 10.00
1994-95 11.00
1995-96 13.00
1996-97 12.50-13.00
1997-98 11.50-12.00
1998-99 10.50-11.50
1999-00 10.00-10.50
2000-01 9.50-10.00
2001-02 8.00-8.50
2002-03 5.50-6.25
2003-04 5.25-5.50
2004-05 5.75-6.25
2005-06 6.25-7.00
2006-07 6.50-8.00
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About Keerthika Singaravel
Engineer,Investor,Businessperson

6 Responses to Historic FD Interest Rates

  1. Visalakshi says:

    Very educative and of great help in forecasting the approximate future course of interest rate movement. Thank you.

  2. Pingback: Middle Class Savings Mantras: Have They Stopped Working? | dmr money

  3. Mihir kotak says:

    Very nice

    • Thanks.

  4. Anup says:

    Instructive data but is it reliable? It will be great if you could mention the source..

    • Data collated and put out by the RBI.

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