What Will Interest Rates Be In 2024. Currently, fd interest rates of scheduled banks range from 2.50% p.a. That peak level was set when the fomc last raised interest rates in july 2023.

Currently, union bank of india and bank of maharashtra offer the lowest home loan interest rate starting from 8.35% p.a. That peak level was set when the fomc last raised interest rates in july 2023.