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FD Interest Rates in India
The latest FD interest rates in India range from 2.75% to 7.25% p.a. for general citizens and 3.25% to 7.75% p.a. for senior citizens. Public sector banks offer 2.75% to 7.25% p.a. for general citizens and 3.00% to 7.75% for senior citizens. Private sector banks provide 2.75% to 7.40% p.a. for general citizens and 3.25% to 7.90% for senior citizens.
Returns as high
as 6.9%*
Includes life cover
Completely Tax free+
as 6.9%*
Includes life cover
Completely Tax free+
Maximum returns Offered by
Guaranteed
Highest
6.9%*
Guaranteed Plan
(by insurance companies)
(10 Years)
6.5%##
Fixed Deposits
(by SBI bank)
(5-10 Years)
6.9%***
Public Provident Fund
(other popular options)
(15 Years)
We are rated++
10.5 Crore
Registered Consumer
51
Insurance Partners
5.3 Crore
Policies Sold
Get Guaranteed Returns up to 6.9%%* With Life Cover
Fully Tax-Free unlike FD and Life Cover Included
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- FD Interest Rates
What are FD Interest Rates?
FD is a safe savings plan that guarantees returns at a fixed rate of interest. These are provided by different institutions such as the public and private banks, Non-Banking Finance Companies (NBFCs), Small Finance Banks (SFBs), and Post Offices.
In an FD, you deposit a lump sum amount for a fixed tenure at a predetermined interest rate. 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 depositor type (general citizens and senior citizens). You can get better returns with higher FD interest rates on your deposits compared to regular savings accounts.
Information About
Guaranteed Return Plans
Returns Before Tax
6.9%* (TAX-FREE)
Returns After Tax
6.9%*
Guaranteed Returns
Yes
Life Cover
Yes
Tax on Profit
Tax Free*
Risk
No Risk
Fixed Deposits
Returns Before Tax
7% (TAXABLE)
Returns After Tax
4.8%
Guaranteed Returns
Yes
Life Cover
No
Tax on Profit
Taxable
Risk
Low Risk
Debt Mutual Fund
Returns Before Tax
8% (TAXABLE)
Returns After Tax
5.5%
Guaranteed Returns
No
Life Cover
No
Tax on Profit
Taxable
Risk
High Risk
*For annual premium upto ₹5 Lacs
Latest FD News
SBI Cuts Retail Fixed Deposit Rates by 25 bps Across Tenures
October 15, 2025
State Bank of India reduced FD rates for deposits up to ₹3 crore effective June 15, 2025,
after Reserve Bank of India’s (RBI) repo rate cuts.
See More
FD Interest Rates of Top 10 Leading Banks in India
Below are the latest FD interest rates offered by leading banks in India (public and private sectors) for the general public and senior citizens.
| Bank Name | FD Interest Rate p.a. (General Public) | FD Interest Rate p.a. (Senior Citizens) |
| State Bank of India | 3.05% - 6.45% | 3.55% - 7.05% |
| HDFC Bank | 2.75% - 6.60% | 3.25% - 7.10% |
| ICICI Bank | 2.75% - 6.60% | 3.25% - 7.10% |
| Canara Bank | 3.25% - 6.50% | 3.25% - 7.00% |
| Bank of Baroda | 3.50% - 6.60% | 4.00% - 7.10% |
| Punjab National Bank | 3.50% - 7.25% | 4.00% - 7.75% |
| Kotak Mahindra Bank | 2.75% - 6.60% | 3.25% - 7.10% |
| Indian Bank | 2.80% - 6.70% | 3.30% - 7.20% |
| Union Bank of India | 3.40% - 6.60% | 3.90% - 7.10% |
| Axis Bank | 3.00% - 6.60% | 3.50% - 7.35% |
*Revised FD interest rates as of October 2025
#Top 10 Banks in India by business revenue as of October 2025
FD Rates of Top Public Sector Banks in India
Here is a list of the best fixed deposit interest rates in India offered by Public Sector Banks for deposits of up to Rs 3 crores:
| Name of Bank FD | FD Interest Rate p.a. (General Public) | FD Interest Rate p.a. (Senior Citizens) |
| Bank of Baroda | 3.50% - 6.50% | 4.00% - 7.10% |
| Bank of India | 3.00% - 6.45% | 3.00% - 7.10% |
| Bank of Maharashtra | 2.75% - 6.25% | 3.25%- 6.75% |
| Canara Bank | 3.25% - 6.50% | 3.25% - 7.00% |
| Central Bank of India | 3.50% - 6.2\50% | 4.00% - 7.00% |
| Indian Bank | 2.80% - 6.70% | 3.30% - 7.20% |
| Indian Overseas Bank | 3.50% - 6.75% | 4.00% - 7.25% |
| Punjab & Sind Bank | 3.00% - 6.80% | 3.50% - 7.30% |
| Punjab National Bank | 3.00% - 6.60% | 3.50% - 7.10% |
| State Bank of India | 3.05% - 6.45% | 3.55% - 7.75% |
| UCO Bank | 2.90% - 6.45% | 3.15% - 6.95% |
| Union Bank of India | 3.40% - 6.50% | 3.90% - 7.10% |
*Revised FD interest rates w.e.f. October, 2025
*FD Rates of Top Public Sector Banks in India for October 2025
FD Rates of Top Private Sector Banks
Here is a list of the best fixed deposit interest rates in India offered by Private Sector Banks for deposits of up to Rs 3 crores:
| Name of the Bank | FD Interest Rate p.a. (General Citizens) | FD Interest Rate p.a. (Senior Citizens) |
| Axis Bank | 3.00% - 6.60% | 3.50% - 7.35% |
| Bandhan Bank | 2.95% - 7.70% | 3.70% - 7.70% |
| City Union Bank | 4.00% - 6.75% | 4.00% - 7.00% |
| DCB Bank | 3.75% - 7.20% | 4.00% - 7.70% |
| Dhanlaxmi Bank | 4.00% - 6.80% | 4.00% - 7.30% |
| Federal Bank | 3.00% - 6.70% | 3.50% - 7.20% |
| HDFC Bank | 2.75% - 6.60% | 3.25% - 7.10% |
| ICICI Bank | 2.75% - 6.6% | 3.25% - 7.10% |
| IndusInd Bank | 3.25% - 7.00% | 3.75% - 7.50% |
| IDFC FIRST Bank | 3.00% - 7.00% | 3.50% - 7.50% |
| Jammu & Kashmir Bank | 3.50% - 7.05% | 4.00% - 7.55% |
| Karnataka Bank | 3.50% - 6.65% | 3.75% - 6.80% |
| Karur Vysya Bank | 4.00% - 6.80% | 7.20% |
| Kotak Mahindra Bank | 2.75% - 6.60% | 3.25% - 7.29% |
| Nainital Bank | 3.25% - 7.00% | 3.75% - 7.50% |
| RBL Bank | 3.50% - 7.20% | 4.00% - 7.70% |
| South Indian Bank | 2.90% - 6.60% | 3.40% - 7.10% |
| Tamilnad Mercantile Bank | 4.00% - 6.90% | 4.00% - 7.40% |
| YES Bank | 3.25% - 7.00% | 3.75% - 7.75% |
| IDBI Bank | 3.00% - 6.55% | 3.50% - 7.05% |
*Revised FD interest rates w.e.f. October, 2025 *FD Rates of Top Private Sector Banks in India for October 2025
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:
- Guaranteed Returns: Fixed Deposits provide you with secure, predictable, and guaranteed returns, which are unaffected and untouched by market fluctuations.
- Flexibility in Tenure: The FD comes with a flexible tenure period starting from 7 days to 10 years, suiting your financial goals and repayment capacity.
- Tax-Saving Fixed Deposit: Most of the FDs come up with certain lock-in periods and deductions up to Rs 1.5 lacs under Section 80C of the Income Tax Act.
- Sweep-in / Sweep-out Facility: A Sweep-in/sweep-out facility is a common feature, where your excess funds are automatically transferred to a different account, so they are readily available when you need them most.
- Senior Citizen Benefits: An additional benefit is usually an increase of 0.5% to 0.75% on the standard interest rate given to senior citizens (usually above 60 years) who invest in an FD.
- Loan Against Fixed Deposit: An FD is a reliable option to have in case of emergencies, in financial terms. It is quite simple to take a loan on a fixed deposit. You can borrow a loan of up to 90% to 95% of the amount of the fixed deposit, depending on the bank.
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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. SBI FD interest rates on deposits amounting to less than ₹ 3 crores are as follows:
Tenors Revised Rates for Public Revised Rates for Senior Citizens 7 days to 45 days 3.05% 3.55% 46 days to 179 days 4.90% 5.40% 180 days to 210 days 5.65% 6.15% 211 days to less than 1 year 5.90% 6.40% 1 Year to less than 2 years 6.25% 6.75% 2 years to less than 3 years 6.45% 6.95% 3 years to less than 5 years 6.30% 6.80% 5 years and up to 10 years 6.05% 7.05*% *Includes an additional premium of 0.5% under the “SBI We-care” deposit scheme.
** SBI FD Interest Rates w.e.f July 17, 2025 -
ICICI Bank FD Rates in 2025
ICICI Bank is one of India's leading private sector banks offering a comprehensive range of financial products and services. ICICI Bank FD interest rates for its customers are listed in the following table:
Tenure General Citizen (p.a.) Senior Citizen (p.a.) 7 to 45 Days 2.75% 3.25% 46 to 90 Days 4.00% 4.50% 91 to 184 Days 4.50% 5.00% 185 Days to < 1 Year 5.50% 6.00% 1 Year to < 18 Months 6.25% 6.75% 18 Months to 2 Years 6.40% 6.90% 2 Years 1 Day to 10 Years 6.60% 7.10% 5 Years (Tax Saver FD) 6.60% 7.10% * ICICI Bank FD Interest Rates w.e.f. October 15, 2025
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Punjab National Bank FD Rates in 2025
As one of the leading public sector banks, PNB offers a range of FD schemes popular among conservative investors and senior-citizen depositors. Below are the PNB FD rates for different tenures:
Tenure General Citizen p.a. Senior Citizen p.a. 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 60 Days 4.50% 5.00% 61 to 90 Days 4.50% 5.00% 91 to 179 Days 4.90% 5.40% 180 to 270 Days 5.60% 6.10% 271 Days to 302 Days 5.60% 6.10% 303 Days 5.50% 6.00% 304 Days to < 1 Year 5.60% 6.10% 1 Year 6.25% 6.75% > 1 Year to 389 Days 6.40% 6.90% 390 Days 6.60% 7.10% 391 Days to 505 Days 6.40% 6.90% 506 Days 6.30% 6.80% 507 Days to 2 Years 6.40% 6.90% > 2 Years to 3 Years 6.40% 6.90% > 3 Years to 1203 Days 6.25% 6.75% 1204 Days 6.15% 6.65% 1205 Days to 5 Years 6.25% 6.75% > 5 Years to 1894 Days 6.00% 6.80% 1895 Days 5.85% 6.65% 1896 Days to 10 Years 6.00% 6.80% * PNB Bank FD Interest Rates w.e.f September 01, 2025
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HDFC Bank FD Rates in 2025
HDFC Bank offers a range of Fixed Deposit (FD) options. The following table shows the HDFC FD interest rates for its domestic customers on deposits below ₹3 crores:
Tenure General Citizen (p.a.) Senior Citizen (p.a.) 7 – 14 days 2.75% 3.25% 15 – 29 days 2.75% 3.25% 30 – 45 days 3.25% 3.75% 46 – 60 days 4.25% 4.75% 61 – 89 days 4.25% 4.75% 90 days ≤ 6 months 4.25% 4.75% 6 months 1 day ≤ 9 months 5.50% 6.00% 9 months 1 day to < 1 year 5.75% 6.25% 1 year to < 15 months 6.25% 6.75% 15 months to < 18 months 6.35% 6.85% 18 months to < 21 months 6.60% 7.10% 21 months – 2 years 6.45% 6.95% 2 Years 1 day to < 2 Years 11 Months 6.45% 6.95% 2 Years 11 Months – 35 Months 6.45% 6.95% 2 Years 11 Months 1 day ≤ 3 Years 6.45% 6.95% 3 Years 1 day to < 4 Years 7 Months 6.40% 6.90% 4 Years 7 Months – 55 Months 6.40% 6.90% 4 Years 7 Months 1 day ≤ 5 Years 6.40% 6.90% 5 Years 1 day – 10 Years 6.15% 6.65% * HDFC Bank FD Interest Rates w.e.f June 25, 2025
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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 Axis Bank FD interest rates is mentioned below:
Tenure General Citizen (p.a.) Senior Citizen p.a. 7 – 14 days 3.00% 3.50% 15 – 29 days 3.00% 3.50% 30 – 45 days 3.25% 3.75% 46 – 60 days 4.00% 4.50% 61 days – 87 days 4.00% 4.50% 88 days – 3 months 24 days 4.50% 5.00% 3 months 25 days < 4 months 4.50% 5.00% 4 months < 6 months 4.50% 5.00% 6 months < 9 months 5.50% 6.00% 9 months < 1 year 5.75% 6.25% 1 year – 1 year 10 days 6.25% 6.75% 1 year 11 days < 13 months 6.25% 6.75% 13 months < 15 months 6.25% 6.75% 15 months < 18 months 6.50% 7.00% 18 months < 2 years 6.60% 7.10% 2 years < 3 years 6.60% 7.10% 3 years < 5 years 6.60% 7.10% 5 years to 10 years 6.60% 7.35% * Axis Bank FD Interest Rates w.e.f. October 14, 2025
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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 BOB FD interest rates:
Tenure General Citizen (p.a.) Senior Citizen (p.a.) 7 days to 14 days 3.50 4.00* 15 days to 45 days 3.50 4.00* 46 days to 90 days 5.00 5.50* 91 days to 180 days 5.00 5.50* 181 days to 210 days 5.50 6.00* 211 days to 270 days 5.75 6.25* 271 days to less than 1 year 6.00 6.50* 1 year 6.50 7.00* Above 1 year to 400 days 6.50 7.00* Above 400 days and up to 2 years (except 444d) 6.50 7.00* Above 2 years and up to 3 years 6.50 7.00* Above 3 years and up to 5 years 6.40 7.00# Above 5 years and up to 10 years 6.00 7.00** Above 10 years (MACAD only) 5.50 6.00* Bob Square Drive Deposit Scheme (444 Days) 6.60 7.10* Bank of Baroda FD Interest Rates w.e.f September 12, 2025
* Extra 0.50% interest for senior citizens on deposits of 3 years and above 10 years.
# Extra 0.60% interest (0.50% + 0.10%) for senior citizens on deposits above 3 years up to 5 years (from 05.05.2025).
** Extra 1.00% interest (0.50% + 0.50%) for senior citizens on deposits above 5 years up to 10 years. -
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 Canara Bank FD interest rates for different tenures in the following table:
Tenure General Public (p.a.) Senior Citizen (p.a.) 7 Days to 45 Days 3.25% 3.25% 46 Days to 90 Days 4.25% 4.25% 91 Days to 179 Days 4.50% 4.50% 180 Days to 269 Days 5.50% 6.00% 270 Days to less than 1 Year 5.75% 6.25% 1 Year Only 6.25% 6.75% 444 Days 6.50% 7.00% Above 1 Year to less than 2 Years 6.25% 6.75% 2 Years & above to less than 3 Years 6.25% 6.75% 3 Years & above to less than 5 Years 6.25% 6.75% 5 Years & above to 10 Years 6.25% 6.75% *Canara Bank FD interest rates w.e.f. August 07, 2025
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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 Mahindra FD interest rates from the following table:
Tenure General Public (p.a.) Senior Citizen (p.a.) 7 - 14 Days 2.75% 3.25% 15 - 30 Days 2.75% 3.25% 31 - 45 Days 3.00% 3.50% 46 - 90 Days 3.50% 4.00% 91 Days 5.00% 5.50% 92 Days - 179 Days 4.25% 4.75% 180 Days 5.75% 6.25% 181 Days to 269 Days 5.50% 6.00% 270 Days 5.50% 6.00% 271 Days to 363 Days 6.00% 6.50% 364 Days 6.00% 6.50% 365 Days to 389 Days 6.25% 6.75% 390 Days (12 months, 25 days) 6.50% 7.00% 391 Days - Less than 23 Months 6.60% 7.10% 23 Months 6.60% 7.10% 23 months 1 Day- less than 2 years 6.50% 7.00% 2 years- less than 3 years 6.40% 6.90% 3 years and above but less than 4 years 6.40% 6.90% 4 years and above but less than 5 years 6.40% 6.90% 5 years and above up to and inclusive of 10 years 6.25% 6.75% *Kotak Mahindra Bank FD interest rates w.e.f. August 20, 2025
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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 Yes Bank FD interest rates offered to its domestic customers are as follows-
Tenure General Public (p.a.) Senior Citizen (p.a.) 7 days to 14 days 3.25% 3.75% 15 days to 45 days 3.50% 4.00% 46 days to 90 days 4.50% 5.00% 91 days to 120 days 4.75% 5.25% 121 days to 180 days 4.75% 5.25% 181 days to 271 days 6.00% 6.50% 272 days to < 12 months 6.25% 6.75% 12 months 6.65% 7.15% 12 months 1 day to < 18 months 6.75% 7.25% 18 months 6.75% 7.25% 18 months 1 day < 24 months 7.00% 7.50% 24 months < 36 months 7.00% 7.50% 36 months to < 60 months 7.00% 7.75% 60 months 6.75% 7.50% 60 months 1 day to <= 120 months 6.75% 7.50% *Yes Bank FD interest rates w.e.f. August 30, 2025
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IDFC First Bank FD Rates in 2025
IDFC First Bank's Fixed Deposits promise attractive returns and flexible investment options tailored to your needs. Senior citizens receive 0.50% extra interest on IDFC FIRST Bank Fixed Deposits. The IDFC First Bank FD interest rates for different tenures on deposits below ₹ 3 crores:
Tenure General Public (p.a.) Senior Citizen (p.a.) 7 - 14 days 3.00% 3.50% 15 - 29 days 3.00% 3.50% 30 - 45 days 3.00% 3.50% 46 - 90 days 4.00% 4.50% 91 - 180 days 4.50% 5.00% 181 days – less than 1 year 5.50% 6.00% 1 year 6.30% 6.80% 1 year 1 day– 370 days 6.30% 6.80% 371 days – 2 years 6.50% 7.00% 2 years 1 day - 3 years 7.00% 7.50% 3 years 1 day – 5 years 6.75% 7.25% 5 years 1 day – 10 years 6.60% 7.10% *IDFC First Bank FD interest rates w.e.f. September 03, 2025
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IndusInd Bank FD Rates in 2025
IndusInd Bank Fixed Deposit plans are designed to provide you with security and attractive interest earnings on your savings. Learn about these Indusind Bank FD interest rates from the table below:
Tenure General Public (p.a.) Senior Citizen (p.a.) 7 days to 30 days 3.25% 3.75% 31 days to 45 days 3.50% 4.00% 46 days to 60 days 4.50% 5.00% 61 days to 90 days 4.75% 5.25% 91 days to 180 days 5.00% 5.50% 181 days to 210 days 5.75% 6.25% 211 days to 269 days 6.00% 6.50% 270 days to 364 days 6.25% 6.75% 1 Year to below 1 Year 6 Months 6.75% 7.25% 1 Year 6 Months to below 1 Year 7 Months 7.00% 7.50% 1 Year 7 Months to 3 Years 6.90% 7.40% Above 3 Years up to below 61 Months 6.65% 7.15% 61 Months and above 6.50% 7.00% Tax Saver (5 years) 6.65% 7.15% *IndusInd Bank FD interest rates w.e.f. September 25, 2025
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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 Indian Bank FD rates are listed in the following table:
Tenure General Public (p.a.) Senior Citizen (p.a.) 7 days to 14 days 2.80% 3.30% 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 (Except 444 & 555 Days) 6.50% 7.00% 444 days 6.70% 7.20% 555 Days 6.60% 7.10% 2 years to less than 3 years 6.40% 6.90% 3 years to less than 5 years 6.25% 6.75% 5 year 6.00% 6.50% Above 5 years 6.00% 6.50% *Indian Bank FD interest rates w.e.f. August 01, 2025
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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. Check the latest Union Bank FD interest rates in the table below:
Tenure General Public (p.a.) Senior Citizen (p.a.) 7-45 Days 3.40% 3.90% 46 -90 Days 4.40% 4.90% 91-120 Days 4.70% 5.20% 121-180 Days 4.90% 5.40% 181 Days to < 1 Year 6.15% 6.65% 1 Year 6.40% 6.90% > 1 Year to 996 days 6.50% 7.00% 997 days 6.30% 6.80% >998 Days to less than 3 Years 6.50% 7.00% 3 years 6.60% 7.10% > 3 years to 10 years 6.40% 6.90% *Union Bank FD interest rates w.e.f. August 20, 2025
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Bank of India (BOI) FD Rates in 2025
Bank of India’s Fixed Deposit schemes are customised to provide high returns and secure investment options for your savings. The following table shows the latest Bank of India FD interest rates for its domestic customers for different tenures:
Tenure General Public (p.a.) Senior Citizen (p.a.) 7 days to 14 days 3.00% 3.5% 15 days to 30 days 3.00% 3.5% 31 days to 45 days 3.00% 3.5% 46 days to 90 days 4.50% 5.00% 91 days to 179 days 4.25% 4.75% 180 days to 210 days 5.50% 6.00% 211 days to 269 days 5.50% 6.00% 270 days to less than 1 Year 5.50% 6.00% 1 Year 6.25% 6.75% Above 1 Year to less than 2 Years (except 450) 6.30% 6.80% 450 days (Star Vaibhav) 6.45% 6.95% 2 Years to less than 3 Years 6.30% 6.80% 3 Years to less than 5 Years 6.60% 7.10% 5 Years to less than 8 Years 6.25% 6.75% 8 years & above to 10 Years 6.00% 6.50% *Bank of India FD interest rates w.e.f. August 04, 2025
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:
| Feature | Description |
| Interest Rates | Vary between 2.75% to 7.25% for general citizens and 3.25% to 7.75% for senior citizens |
| Tenure | Ranges from 7 days to 10 years. |
| Loan Against FDs | Typically, up to 90% of the deposit amount is available as a loan/overdraft. |
| Auto Sweep Facility | Link a savings account with an FD for auto-transfer of surplus funds to earn FD rates and vice versa. |
| Premature Withdrawal | Allowed with a penalty; Interest rates may be lower for early withdrawals. |
| TDS and Tax-Saving | TDS applicable. Depositors can claim deductions under Section 80C of the Income Tax Act. |
| Nomination | Available. Up to 2 nominees can collect the FD amount upon the account holder's demise. |
| Timely Closure | Closing the FD account at maturity, receiving the principal and accrued interest, offers better returns than other savings plans. |
| Breaking the FD Account | You can withdraw the entire deposit before maturity by paying a penalty. Some banks may waive it in emergencies. |
| Partial Withdrawal | Typically, in ₹1,000 units, with a 1% penalty, the remaining balance earns the original interest rate. |
| Financial Safety | An FD investment is considered safe with minimal risk, especially if deposited in a reputable bank. |
Key Takeaways
FD interest rates offered by public and private sector banks range from 2.75% to 7.25% p.a. for general citizens and 3.25% to 7.75% p.a. for senior citizens. With attractive features like guaranteed returns, auto-sweep, and loans on FD, these schemes make them suitable for investors looking for assured returns. Currently, some small finance banks and private banks offer the highest rate of interest for select tenures. You should always compare the rates and seek the advice of an expert before making a major investment decision.
FAQs
-
What is the normal FD interest rate for 2025?
The average FD interest rates range from 2.75% to 7.25% p.a. for general citizens and 3.25% to 7.75% p.a. for senior citizens, as of October 2025. -
Which bank FD interest rate is high?
The bank with the highest FD rate in India currently is Shri Ram Finance Limited, offering a maximum interest rate of up to 8.15% including 0.50% p.a. for Senior Citizens -
What is the FD rate today?
Various financial institutions offer the best FD interest rates in India, ranging between 2.75% to 7.25% p.a. -
Are there any loans offered against a fixed deposit?
Yes. If you want to withdraw your deposit prematurely, you can consider taking a loan against your FD. You can take a loan of up to 75% to 95% of your principal amount. -
Are Fixed Deposit investments secure?
Yes, FD investments are considered highly secure. The Deposit Insurance and Credit Guarantee Corporation (DICGC), a subsidiary of the RBI, provides insurance coverage of up to ₹5 lakh per depositor, per bank, ensuring your funds are protected.
* Applicable for Titanium variant of Max Life Smart Fixed-return Digital (Premium payment of 5 years, Policy term of 10 years) and a healthy male of 18 years old paying Rs. 30,000/- monthly (exclusive of all applicable taxes)
** Fixed deposit rate applicable for 5 year's 1 day to
10 years for investment amount less< 2 Crore ( Not for senior citizens).
*** PPF interest rate applicable for 15 years
for investment amount upto 1.5 Lac
+ Trad plans with a premium above 5 lakhs
would be taxed as per applicable tax slabs post 31st march 2023
*The Guaranteed Returns are dependent on the policy term and premium term availed along with the other variable factors. 6.9% rate of return is for an 18 years old, healthy male for a policy term of 20 years and premium term of 10 years with Rs.10,000 monthly installment premium. All plans listed here are of insurance companies’ funds.
*Tax benefit is subject to changes in tax laws. Standard T&C Apply
++Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in
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