FD Interest Rates in India

What are FD Interest Rates?

FD interest rates are the rates of return earned on a Fixed Deposit (FD) account for a specific period. 

A Fixed Deposit, or FD, is a savings scheme that provides guaranteed returns at fixed interest rates offered by various public and private banks, Non-Banking Finance Companies (NBFCs), and Small Finance Banks (SFBs). 

You deposit a lump sum amount for a fixed tenure at a predetermined interest rate in an FD scheme. The interest rate is fixed at the time of investment and remains unchanged throughout the deposit period. 

FD rates vary by deposit amount, tenure, and type of depositor. You can get better returns with higher FD interest rates on your savings as compared to regular savings accounts. 

Key Features of the Fixed Deposit Interest Rates in India:

Learn the importance of the fixed deposit rates from the list of key features mentioned below:

• Eligibility: Any Indian resident, including minors and HUFs, can open an FD account.

• Risk-Free FD Interest Rates: Banks offer fixed rates of interest on your deposits that are backed by an assured insurance cover of up to ₹5 lakhs on your deposits by the RBI.

• Short vs. Long Tenure: You can choose the FD tenure between 7 days to 10 years. Shorter tenures generally have lower interest rates compared to longer tenures.

• Influencing Factors: RBI monetary policy, repo rate, base rate, bank liquidity, credit demand, and economic conditions affect FD interest rates.

• Senior Citizens: Banks offer higher interest rates on FDs for senior citizens. FD interest rates for senior citizens range from 2.50% to 9.50%, depending on deposit amount and tenure.

FD Interest Rates of Different Banks in India in 2025

The below mentioned tables show the best fixed deposit rates offered by popular banks in India on deposits below ₹2 crores:

1. SBI Bank FD Rates in 2025

   SBI (State Bank of India) is one of the largest and oldest public sector banks in India, offering a wide range of banking services. The State Bank of India FD interest rates on deposits of up to ₹ 2 crores are as follows:

   TENURE	REGULAR RATES Current Rates	SENIOR CITIZEN
   7 days to 45 days	3.30%	3.80%
   46 days to 179 days	5.30%	5.80%
   180 days to 210 days	6.05%	6.55%
   211 days to less than 1 year	6.30%	6.80%
   1 year to less than 2 year	6.50%	7.00%
   2 years to less than 3 years	6.70%	7.20%
   3 years to less than 5 years	6.55%	7.05%
   5 years and up to 10 years	6.30%	7.30%

2. ICICI Bank FD Rates in 2025

   ICICI Bank is one of India's leading private sector banks, which offers a comprehensive range of financial products and services. The FD rate of interest offered by ICICI bank to its customers is listed in the following table:

   TENURE	REGULAR RATES Current Rates	SENIOR CITIZEN
   7 days to 29 days	3.00%	3.50%
   30 days to 45 days	3.50%	4.00%
   46 days to 60 days	4.25%	4.75%
   61 days to 90 days	4.50%	5.00%
   91 days to 184 days	4.75%	5.25%
   185 days to 270 days	5.75%	6.25%
   271 days to less than 1 year	6.00%	6.50%
   1 year to less than 15 months	6.70%	7.20%
   15 months to less than 18 months	7.25%	7.85%
   18 months to 2 years	7.25%	7.75%
   2 years 1 day to 5 years	7.00%	7.50%
   5 years 1 day to 10 years	6.90%	7.40%

   

3. PNB Bank FD Rates in 2025

   PNB (Punjab National Bank) offers Fixed Deposit (FD) schemes, which are a popular investment option in India. The fixed deposit interest rates offered by Punjab National Bank for different tenure are listed below:

   TENURE	REGULAR RATES Current Rates	SENIOR CITIZEN
   7 to 14 days	3.50%	4.00%
   15 to 29 days	3.50%	4.00%
   30 to 45 days	3.50%	4.00%
   46 to 90 days	4.50%	5.00%
   91 to 179 days	5.50%	6.00%
   180 to 270 days	6.00%	6.50%
   271 days to 302 days	6.25%	6.75%
   303 days	6.15%	6.65%
   304 days to less than 1 year	6.25%	6.75%
   1 year	6.70%	7.20%
   Above 1 year to 389 days	6.80%	7.30%
   390 days	7.00%	7.50%
   391 days to 505 days	6.80%	7.30%
   506 days	6.70%	7.20%
   507 days to 2 years	6.80%	7.30%
   Above 2 years to 3 years	6.75%	7.25%
   Above 3 years to 1203 days	6.25%	6.75%
   1204 days	6.15%	6.65%
   1205 days to 5 years	6.25%	6.75%
   Above 5 years to 1894 days	6.00%	6.80%
   1895 days	5.85%	6.65%
   1896 days to 10 years	6.00%	6.80%

4. HDFC Bank FD Rates in 2025

   HDFC Bank offers a range of Fixed Deposit (FD) options. The following table shows the fd interest rates offered by HDFC Bank to its domestic customers on deposits below ₹2 crores:

   TENURE	REGULAR RATES Current Rates	SENIOR CITIZEN
   7 – 14 days	3.00%	3.50%
   15 – 29 days	3.00%	3.50%
   30 – 45 days	3.50%	4.00%
   46 – 60 days	4.50%	5.00%
   61 – 89 days	4.50%	5.00%
   90 days – 6 months	4.50%	5.00%
   6 months 1 day – 9 months	5.75%	6.25%
   9 months 1 day – less than 1 year	6.00%	6.50%
   1 year – less than 15 months	6.60%	7.10%
   15 months – less than 18 months	7.10%	7.60%
   18 months – less than 21 months	7.25%	7.75%
   21 months  – 2 years	7.00%	7.50%
   2 years 1 day – less than 2 years 11 months	7.00%	7.50%
   2 years 11 months (35 months)	7.35%	7.85%
   2 years 11 months 1 day – 3 years	7.00%	7.50%
   3 years 1 day – less than 4 years 7 months	7.00%	7.50%
   4 years 7 months (55 months)	7.40%	7.90%
   4 years 7 months 1 day – 5 years	7.00%	7.50%
   5 years 1 day – 10 years	7.00%	7.50%

5. Axis Bank FD Rates in 2025

   Axis Bank offers a variety of Fixed Deposit options designed to meet diverse financial needs with attractive interest rates. The list of fd interest rates are mentioned below:

   TENURE	REGULAR RATES Current Rates	SENIOR CITIZEN
   7 days to 14 days	3.00%	3.50%
   15 days to 29 days	3.00%	3.50%
   30 days to 45 days	3.50%	4.00%
   46 days to 60 days	4.25%	4.75%
   61 days to less than 3 months	4.50%	5.00%
   3 months – 3 months 24 days	4.75%	5.25%
   3 months to less than 4 months	4.75%	5.25%
   4 months to less than 5 months	4.75%	5.25%
   5 months to less than 6 months	4.75%	5.25%
   6 months to less than 7 months	5.75%	6.25%
   7 months to less than 8 months	5.75%	6.25%
   8 months to less than 9 months	5.75%	6.25%
   9 months to less than 10 months	6.00%	6.50%
   10 months to less than 11 months	6.00%	6.50%
   11 months to 11 months 24 days	6.00%	6.50%
   11 months 25 days to less than 1 year	6.00%	6.50%
   1 year to 1 year 4 days	6.70%	7.20%
   1 year 5 days to 1 year 10 days	6.70%	7.20%
   1 year 11 days to 1 year 24 days	6.70%	7.20%
   1 year 25 days to less than 13 months	6.70%	7.20%
   13 months to less than 14 months	6.70%	7.20%
   14 months to less than 15 months	6.70%	7.20%
   15 months to less than 16 months	7.25%	7.75%
   16 months to less than 17 months	7.25%	7.75%
   17 months to less than 18 months	7.25%	7.75%
   18 months to less than 2 years	7.25%	7.75%
   2 years to less than 30 months	7.10%	7.60%
   30 months to less than 3 years	7.10%	7.60%
   3 years to less than 5 years	7.10%	7.60%
   5 years to 10 years	7.00%	7.75%

   

6. Bank of Baroda FD Rates in 2025

   You can secure your savings with Bank of Baroda's Fixed Deposit schemes, offering competitive returns and flexible tenures. The following table shows the attractive rates offered by BOB Bank:

   TENURE	REGULAR RATES Current Rates	SENIOR CITIZEN
   7 days to 14 days	4.25%	4.75%
   15 days to 45 days	4.50%	5.00%
   46 days to 90 days	5.50%	6.00%
   91 days to 180 days	5.60%	6.10%
   181 days to 210 days	5.75%	6.25%
   211 days to 270 days	6.25%	6.75%
   271 days & above and less than 1 year	6.50%	7.00%
   360 days (bob360)	7.10%	7.60%
   1 year	6.85%	7.35%
   Above 1 year to 400 days	7.00%	7.50%
   Above 400 days to 2 Years	7.00%	7.50%
   Above 2 Years to 3 Years	7.15%	7.65%
   Above 3 Years to 5 Years	6.50%	7.15%
   Above 5 Years to 10 Years	6.50%	7.50%
   Above 10 years (MACT/MACAD Court Order schemes only)	6.25%	6.75%

7. Canara Bank FD Rates in 2025

   Canara Bank's Fixed Deposits provide a safe and reliable investment avenue with assured returns over flexible durations. You can learn about the various fd interest rates for different tenure offered by Canara Bank in the following table:

   TENURE	REGULAR RATES Current Rates	SENIOR CITIZEN
   7 days to 45 days*	4.00%	4.00%
   46 days to 90 days	5.25%	5.25%
   91 days to 179 days	5.50%	5.50%
   180 days to 269 days	6.15%	6.65%
   270 days to less than 1 year	6.25%	6.75%
   1 year	6.85%	7.35%
   444 days	7.25%	7.75%
   Above 1 year to less than 2 years	6.85%	7.35%
   2 years to less than 3 years	6.85%	7.35%
   3 years to less than 5 years	6.80%	7.30%
   5 years to 10 years	6.70%	7.20%

8. Kotak Mahindra Bank FD Rates in 2025

   Kotak Mahindra Bank’s Fixed Deposits combine high interest rates with the safety of capital, making it an ideal savings choice. Learn about the Kotak Mahindara FD interest rates from the following table:

   TENURE	REGULAR RATES Current Rates	SENIOR CITIZEN
   7 – 14 days	2.75%	3.25%
   15 – 30 days	3.00%	3.50%
   31 – 45 days	3.25%	3.75%
   46 – 90 days	3.50%	4.00%
   91 – 120 days	4.00%	4.50%
   121 – 179 days	4.25%	4.75%
   180 days	7.00%	7.50%
   181 days to 269 days	6.00%	6.50%
   270 days	6.00%	6.50%
   271 days to 363 days	6.00%	6.50%
   364 days	6.50%	7.00%
   365 days to 389 days	7.10%	7.60%
   390 days (12 months 24 days)	7.40%	7.90%
   391 days to less than 23 months	7.40%	7.90%
   23 months	7.30%	7.85%
   23 months 1 day to less than 2 years	7.30%	7.85%
   2 years to less than 3 years	7.15%	7.65%
   3 years to less than 4 years	7.00%	7.60%
   4 years to less than 5 years	7.00%	7.60%
   5 years to 10 years	6.20%	6.70%

   

9. YES Bank FD Rates in 2025

   YES Bank’s Fixed Deposit schemes offer attractive interest rates and multiple options to cater to your financial goals. The different fd interest rates offered to its domestic customers by Yes Bank are as follows:

   TENURE	REGULAR RATES Current Rates	SENIOR CITIZEN
   7 days to 14 days	3.25%	3.75%
   15 days to 45 days	3.70%	4.20%
   46 days to 90 days	4.10%	4.60%
   91 days to 120 days	4.75%	5.25%
   121 days to 180 days	5.00%	5.50%
   181 days to 271 days	6.10%	6.60%
   272 days to less than 1 year	6.35%	6.85%
   1 year	7.25%	7.75%
   1 year 1 day to less than 18 months	7.50%	8.00%
   18 months to less than 24 months	7.75%	8.25%
   24 months to less than 36 months	7.25%	7.75%
   36 months to less than 60 months	7.25%	8.00%
   60 months	7.25%	8.00%
   60 months 1 day to 120 months	7.00%	7.75%

10. IDFC Bank FD Rates in 2025

    IDFC First Bank's Fixed Deposits promise attractive returns and flexible investment options tailored to your needs. The IDFC Bank offers the following fd interest rates for different tenure on deposits below ₹ 2 crores:

    TENURE	REGULAR RATES Current Rates	SENIOR CITIZEN
    7 to 14 days	3.00%	3.50%
    15 to 29 days	3.00%	3.50%
    30 to 45 days	3.00%	3.50%
    46 to 90 days	4.50%	5.00%
    91 to 180 days	4.50%	5.00%
    181 days to less than 1 year	5.75%	6.25%
    1 year	6.50%	7.00%
    1 year 1 day to 399 days	7.25%	7.75%
    400 days	7.75%	8.25%
    401 days to 2 years	6.80%	7.30%
    2 years 1 day to 3 years	7.00%	7.50%
    3 years 1 day to 5 years	6.75%	7.25%
    5 years 1 day to 10 years	6.50%	7.00%

11. IndusInd Bank FD Rates in 2025

    IndusInd Bank’s Fixed Deposit plans are designed to provide you with security and attractive interest earnings on your savings. Learn about these fd interest rates from the table below:

    TENURE	REGULAR RATES Current Rates	SENIOR CITIZEN
    7 days to 14 days	3.50%	4.00%
    15 days to 30 days	3.50%	4.00%
    31 days to 45 days	3.75%	4.25%
    46 days to 60 days	4.75%	5.25%
    61 days to 90 days	4.75%	5.25%
    91 days to 120 days	4.75%	5.25%
    121 days to 180 days	5.00%	5.50%
    181 days to 210 days	5.85%	6.35%
    211 days to 269 days	6.10%	6.60%
    270 days to 354 days	6.35%	6.85%
    355 days to 364 days	6.50%	7.00%
    1 year to below 1 year 3 months	7.75%	8.25%
    1 year 3 months to below 1 year 4 months (15 months to 16 months)	7.75%	8.25%
    1 year 4 months to below 1 year 6 months	7.75%	8.25%
    1 year 6 months to 2 years	7.75%	8.25%
    Above 2 years to below 2 years 6 months	7.25%	7.75%
    2 years 6 months to below 2 years 7 months (30 months to 31 months)	7.25%	7.75%
    2 years 7 months to 3 years 3 months	7.25%	7.75%
    Above 3 years 3 months to below 61 months	7.25%	7.75%
    61 months and above	7.00%	7.50%

    

12. Indian Bank FD Rates in 2025

    Indian Bank's Fixed Deposit schemes offer a range of benefits, including competitive interest rates and flexible investment tenures. The different fd rates offered by India Bank are listed in the following table:

    TENURE	REGULAR RATES Current Rates	SENIOR CITIZEN
    7 days to 14 days	2.80%	2.80%
    15 days to 29 days	2.80%	3.30%
    30 days to 45 days	3.00%	3.50%
    46 days to 90 days	3.25%	3.75%
    91 days to 120 days	3.50%	4.00%
    121 days to 180 days	3.85%	4.35%
    181 days to less than 9 months	4.50%	5.00%
    9 months to less than 1 year	4.75%	5.25%
    1 year	6.10%	6.60%
    Above 1 year to less than 2 years	7.10%	7.60%
    2 years to less than 3 years	6.70%	7.20%
    3 years to less than 5 years	6.25%	6.75%
    5 years	6.25%	6.75%
    Above 5 years	6.10%	6.85%

13. Union Bank of India FD Rates in 2025

    Union Bank of India's Fixed Deposit offerings ensure steady and safe growth for your investments with flexible terms. You can learn about the Union Bank of India fixed deposit interest rates from the table mentioned below:

    TENURE	REGULAR RATES Current Rates	SENIOR CITIZEN
    7 days to 14 days	3.50%	4.00%
    15 days to 30 days	3.50%	4.00%
    31 days to 45 days	3.50%	4.00%
    46 days to 90 days	4.50%	5.00%
    91 days to 120 days	4.80%	5.30%
    121 days to 180 days	5.00%	5.50%
    181 days to less than 332 days	6.35%	6.85%
    333 days	7.40%	7.90%
    334 days to less than 1 year	6.35%	6.85%
    1 year	6.80%	7.30%
    Above 1 year to 398 days	6.80%	7.30%
    399 days	7.25%	7.75%
    400 days to 2 years	6.60%	7.10%
    Above 2 years to 996 days	6.60%	7.10%
    997 days	6.40%	6.90%
    Above 998 days to less than 3 years (execpt for 999 days @ 6.40% p.a.)	6.60%	7.10%
    3 years	6.70%	7.20%
    Above 3 years to 5 years	6.50%	7.00%
    Above 5 years to 10 years	6.50%	7.00%

14. Bank of India (BOI) FD Rates in 2025

    Bank of India’s Fixed Deposit schemes are tailored to provide high returns and secure investment options for your savings. The following table shows the fd interest rates offered by BOI to its domestic customers for different tenure: 

    TENURE	REGULAR RATES Current Rates	SENIOR CITIZEN
    7 days to 14 days	3.00%	3.00%
    15 days to 30 days	3.00%	3.00%
    31 days to 45 days	3.00%	3.00%
    46 days to 90 days	4.50%	4.50%
    91 days to 179 days	4.25%	4.25%
    180 days to 210 days	5.75%	6.25%
    211 days to 269 days	5.75%	6.25%
    270 days to less than 1 year (except 333 days)	5.75%	6.25%
    1 year	7.05%	7.45%
    Above 1 year to less than 2 years	6.75%	7.25%
    2 years	6.75%	7.25%
    Above 2 years to less than 3 years	6.75%	7.25%
    3 years to less than 5 years	6.50%	7.25%
    5 years to less than 8 years	6.00%	6.75%
    8 years to 10 years	6.00%	6.75%

Overview of a Fixed Deposit Scheme in India

You can learn the key features of a general FD Scheme in India in 2025 from the table below:

Different Types of FD Interest Rates in India

Banks in India offer a variety of Fixed Deposit Schemes, which can be classified into two main types depending on the option to choose the FD interest payout:

• Cumulative FD: The interest accumulates over the chosen tenure and is paid out along with the principal at maturity.

• Non-Cumulative FD: The interest is paid out periodically, usually quarterly, but can also be monthly at a lower rate. 

The rates of interest on Fixed Deposit Schemes also vary based on the type of FD scheme, which can be categorised as follows:

• Standard FD Interest Rates

• Senior Citizen FD Interest Rates

• Tax Saver FD Interest Rates

• Special Term FD Interest Rates

• Flexi Fixed Deposit FD Interest Rates

The next few sections will help you understand these different fixed deposit rates available in India.

1. Standard Fixed Deposit Interest Rates

   A regular Fixed Deposit scheme offers the standard FD rates for a specified tenure.

   • Offers an interest on fixed deposit for the entire tenure.

   • Available for periods ranging from 7 days to 10 years.

   • Generally, the minimum FD deposit starts from as low as ₹1,000.

   • Interest can be received monthly, quarterly, or annually.

2. Senior Citizens FD Interest Rates

   A fixed deposit provides higher interest rates exclusively for senior citizens.

   • Typically offers FD rates 0.25% to 0.75% p.a. higher than standard FDs.

   • For citizens of India aged 60 years & above.

   • Few banks also offer extra FD rates to super senior citizens (above 80 years of age).

   • Interest earned up to ₹50,000 per year is tax-free under Section 80 TTB if you choose the old tax regime.

   • Ideal for retired individuals seeking regular income.

3. Tax Saver FD Interest Rates

   A fixed deposit with tax benefits under Section 80C of the Income Tax Act.

   • The invested FD amount of up to ₹1.5 lakh p.a. is eligible for deduction under Section 80C.

   • Available for a 5-year period with a mandatory lock-in period of 5 years with no premature withdrawals allowed.

   • Offers slightly lower FD rates than standard FDs.

   • It cannot be used as collateral for loans during the lock-in period.

4. Special Term FD Interest Rates

   A fixed deposit offering unique interest rates or benefits for specific tenures or terms.

   • Banks offer special interest rates for specific tenures like 300 days, 555 days, etc.

   • Special FD rates are often introduced during festive seasons or special bank events.

   • May offer higher interest rates than regular FDs for selected terms.

   • Available for a limited time and specific to certain banks.

5. Flexi Fixed Deposit FD Interest Rates

   A flexible fixed deposit that links a savings account with a fixed deposit, allowing easy transfer of surplus funds.

   • Combines benefits of a savings account and FD, while allowing partial withdrawals.

   • The surplus savings account balance is automatically converted to an FD Scheme.

   • Earns higher interest compared to a regular savings account.

   • Offers various tenure options, usually linked to the savings account balance.

   • Allows partial withdrawal without breaking the entire FD, maintaining the remaining amount.

Types of FD Interest Rates for NRIs (Non–Resident Indians)

Fixed Deposit (FD) interest rates in India for Non-Resident Indians (NRIs) can vary based on the type of FD account they choose. The main types of NRI FD accounts include:

1. NRE FD Rates

   Non-Resident External (NRE) Fixed Deposits allow NRIs to deposit their foreign earnings in India, offering attractive NRE FD rates and repatriable principal and interest.

   • Both the principal and interest can be repatriated to the account holder’s country of residence without restrictions.

   • Offers attractive interest rates similar to domestic FDs, often ranging from 5% to 7.5%.

   • Deposits are made in foreign currencies but converted to INR, protecting against exchange rate fluctuations.

   • Typically requires a minimum tenure of one year to avail of the benefits.

2. NRO FD Rates

   Non-Resident Ordinary (NRO) Fixed Deposits enable NRIs to manage income earned in India, with interest being taxable and funds partially repatriable.

   • Interest earned is subject to Indian income tax, including applicable surcharge and cess.

   • Only the interest amount is freely repatriable; the principal can be repatriated up to USD 1 million per financial year with proper documentation.

   • Generally offers higher interest rates compared to regular savings accounts, often between 6.5% to 8%.

   • Offers a wide range of tenures from 7 days to 10 years.

3. FCNR FD Rates

   Foreign Currency Non-Resident (FCNR) Fixed Deposits allow NRIs to invest in foreign currency in India, protecting against exchange rate fluctuations, with high fixed deposit interest and full repatriability.

   • Deposits can be held in various foreign currencies such as USD, GBP, EUR, etc.

   • Principal and interest are protected against INR depreciation as they remain in foreign currency.

   • Generally, tenures range from 1 to 5 years.

   • Offers competitive interest rates compared to similar international deposits.

4. RFC FD Rates

   Resident Foreign Currency (RFC) Fixed Deposits are for returning NRIs to deposit their foreign earnings in India in foreign currency, with tax benefits and repatriability.

   • Specifically designed for NRIs returning to India, allowing them to maintain foreign currency deposits.

   • Can be maintained in multiple foreign currencies such as USD, GBP, EUR, etc.

   • Interest earned is subject to Indian income tax if the account holder has returned to India for permanent residence.

   • Tenures can range from 1 year to 3 years, providing flexibility based on financial needs.

   • Helps in mitigating the risk of currency fluctuation, preserving the value of foreign currency assets.

FD Interest Calculator

An FD calculator is an online financial tool that helps you quickly estimate the interest earned from your FD investments. You need to insert the following details in the calculator:

• Total investment

• Fixed Deposit interest rate (yearly) 

• Tenure

The FD interest rate calculator will show you the total maturity amount and the interest earned on your FD investments. 

FD vs. Market- Linked Plans

The following table shows a quick comparison of the Fixed Deposit scheme and market-linked plans like Unit Linked Insurance Plans (ULIP) and Child Plans:

FD vs. Guaranteed Return Plans

You can learn about the FD and guaranteed return plans in a better way from the following table:

Documents Required to Open Fixed Deposit Account

Here is the list of must-have documents for opening a Fixed Deposit Account with the best FD rate of interest in India:

• Identity Proof (Any one): Aadhar card, PAN card, Driving License, Voter ID card.

• Address Proof (Any one): Passport, Electricity bill, Utility bills, Photo ration card.

• Savings Account Details to Link with FD Account: Bank statement, Cancelled cheque.

Taxation on FD Schemes

The taxation rules applicable while filing the annual Income Tax Returns (ITR) on the income earned from Fixed Deposit Interest Rates are as follows:

When to Invest in FD Interest Rates?

Following are the key tips to remember before investing in FD interest rates:

• Invest in fixed deposits when FD rates are increasing to get higher returns.

• You can choose to invest in an FD scheme when the economy is stable to ensure stable returns.

• Consider FD investments when inflation rates are low so that the real returns from your FD scheme are more attractive.

• Align your FD investments with your financial goals, such as saving for purchasing a house, marriage expenses, or creating an emergency fund.

• Opt for FDs if you prefer low-risk investment options with guaranteed returns.

• Invest in FDs during times of market volatility to safeguard your principal and earn stable interest rates.

Benefits of Fixed Deposit Interest Rates in India

The key features of the best Fixed Deposit interest rates in India are listed below:

• Guaranteed Returns: The fixed deposit schemes offer guaranteed returns to you as the FD rates are fixed throughout the tenure. 

• Low Risk: The FD rates are a low-risk investment as compared to market-linked best investment options, which makes them ideal for risk-free investors.

• Flexible Tenure: You can choose from various tenure options, ranging from a few days to several years.

Wrapping It Up!

The top banks offer the best interest rate on FD with attractive features like guaranteed returns, loans on FD, and nomination facility. You must make a comparative analysis of all the FD savings plans as per your investment horizon and future financial needs.

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