Annual returns on fixed deposits are fixed even amid market fluctuations and geopolitical uncertainties.Fixed deposits (FDs), which offer guaranteed returns on investments, are meant for investors looking for assured interests.

FDs are fixed-income instruments, the returns on which are determined at the time of initiating the deposit.

The annual returns on fixed deposit investments are fixed even amid market fluctuations and geopolitical uncertainties.

Fixed deposits are of two types: with premature withdrawal facility and without premature without facility.

The fixed deposits which offer premature withdrawal facility do not offer income tax benefits.

However, FDs without a premature withdrawal facility require a lock-in period of five or 10 years and offer income tax benefits.Major banks offer the facility of opening a fixed deposit account.Given below are FD interest rates offered by State Bank of India (SBI), HDFC Bank, ICICI Bank and IDBI Bank:State Bank of India (SBI):The following FD interest rates are applicable on deposits below Rs.

1 crore, according to the bank's website - sbi.co.in: Maturity period (term)Interest rate with effect from July 30, 2018General publicSenior citizen7 days to 45 days5.756.2546 days to 179 days6.256.75180 days to 210 days6.356.85211 days to less than 1 year6.46.91 year to less than 2 year6.77.22 years to less than 3 years6.757.253 years to less than 5 years6.87.35 years and up to 10 years6.857.35(Source: sbi.co.in) (: 10 Things You Should Follow While Making An Online Transaction)HDFC Bank:The following FD interest rates are applicable on deposits below Rs.

1 crore from November 6, 2018, according to the bank's website - hdfcbank.com: (: PNB Revises Fixed Deposit Interest Rates)ICICI BankThe following FD interest rates are applicable on deposits below Rs.

1 crore:Maturity period (term)Interest rate with effect from August 14, 2018General publicSenior citizen7 days to 14 days44.515 days to 29 days4.254.7530 days to 45 days5.5646 days to 60 days5.756.2561 days to 90 days66.591 days to 120 days66.5121 days to 184 days66.5185 days to 289 days6.57290 days to less than 1 year6.757.251 year to 389 days6.757.25390 days to 2 years77.52 years 1 day up to 5 years7.257.755 years 1 day up to 10 years77.55 Years Tax saver FD (Max up to Rs.

1.50 lac)7.257.75(Source: icicibank.com) (: Fixed Deposit Interest Rates Offered By Corporates)IDBI BankThe following FD interest rates on deposits below Rs 1 crore are with effect from October 15, 2018:Maturity SlabInterest Rate (% p.a.)Regular citizensSenior citizens15-30days5.756.2531-45 days5.756.2546-60 days6.256.7561-90 days6.256.7591-6 months6.256.756 months 1 day to 270 days6.57271 days to < 1year6.571 year77.5>1yrs to  2yrs7.057.55>2 yrs to < 3 yrs7.057.553 yrs to < 5 yrs6.857.355 years6.857.35> 5yrs - 7yrs6.256.75>7 yrs - 10 yrs6.256.75>10 yrs - 20 yrs*66.5Source: idbi.com India Post fixed deposits offer annual rates of return between 6.9-7.8 per cent.