2024 Interest Rates Uk And India. Can i get monthly interest on my fixed deposit? Interest rate in india averaged 6.37 percent from 2000 until 2024, reaching an all time high of 14.50 percent in august of 2000 and a record low of 4.00 percent in may of 2020.

 — gross is a contractual rate payable before deduction of income tax at rate specified by law.  — as of july 9, 2024, banks offered interest rates ranging from 5.75% to 8.25% for fixed deposit tenure up to three years.