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Which Bank Has the Highest FD Interest Rates?
Fixed deposit interest rates for general citizens offered by popular banks in India range from 2.75% to 8.20% p.a., and from 3.55% to 8.40% for senior citizens. Besides, Small Finance Banks (SFBs) like Suryoday SFB, Unity SFB, and Jana SFB currently offer interests between 2.75% to 8.00% p.a. for general citizens and 3.25% to 8.15% p.a. 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)
Get Guaranteed returns up to 6.9%*
Fully Tax-Free* (unlike FD), Life Cover Included
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FD Interest Rates
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Articles - FD Rates
- Which Bank has the Highest Interest Rate for Fixed Deposit
FD Interest Rates in 2025
Below are the highest FD interest rates in India for callable deposits of up to Rs. 3 crores. Check the FD interest rates 2025 offered by different banks for an easy comparison.
| Name of Bank | FD Interest Rates (p.a.) | General Citizens (p.a.) | Senior Citizens (p.a.) |
| Highest FD Interest Rate by the Bank | |||
| SBI FD Rates | 6.45% (2 years to less than 3 years) | 3.05% - 6.45% | 3.55% - 7.05% |
| HDFC Bank FD Rates | 6.60% (18 months to < 21 months) | 2.75% - 6.60% | 3.25% - 7.10% |
| ICICI Bank FD Rates | 6.60% (2 Years 1 Day to 10 Years) | 2.75% - 6.60% | 3.25% - 7.10% |
| Axis Bank FD Rates | 6.60% (18 months to 10 years) | 3.00% - 6.60% | 3.50% - 7.35% |
| PNB FD Rates | 6.60% (390 days) | 3.25% - 6.60% | 3.75% - 7.10% |
| Yes Bank FD Rates | 7.00% (36 months to < 60 months) | 3.25% - 7.00% | 3.75% - 7.75% |
| Kotak Mahindra FD Rates | 6.60% (23 Months) | 2.75% - 6.60% | 3.25% - 6.77% |
| Bandhan Bank FD Rates | 7.30% (2 years to less than 3 years) | 2.95% - 7.30% | 3.70% - 7.80% |
| Suryoday SFB FD Rates | 8.20% (5 Years) | 4.00% - 8.20% | 4.40%- 8.40% |
| Ujjivan SFB FD Rates | 7.45% (24 months) | 3.50% - 7.45% | 4.00% - 7.95% |
| ESAF SFB FD Rates | 7.60% (444 days) | 2.75% - 7.60% | 3.25% - 8.10% |
| Unity SFB FD Rates | 6.75% (501 Days to 5 Years) | 4.00% - 6.75% | 4.00% - 7.25% |
| Barclays Bank FD Rates | 5.27% (4 years to 10 years) | 4.30% - 5.27% | - |
*FD Interest Rates of different banks as of September 2025
Note: The rate of interest on FD mentioned in the above table is subject to change. The table does not represent any chronological order. The rates columns contain the lowest and highest interest rates for general and senior citizens..
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
List of Different Types of Banks Offering High Interest Rates in India
Fixed Deposit Schemes offer various rates of interest on FDs based on different factors. Let’s take a look at a breakdown of these rates, including the maximum interest rate on an FD from different banks.
The FD interest rates in India offered by different types of banks / NBFCs are categorised as follows:
- Public Sector Bank FD Rates
- Private Sector Bank FD Rates
- Small Finance Bank FD Rates
- Non-Banking Financial Company (NBFC) FD Rates
- Foreign Bank FD Rates
Top Public Sector Banks Giving High Interest Rates on FD in India
Here is a list of the best fixed deposit interest rates in India offered by PSBs for deposits of up to Rs. 3 crores:
| Name of Bank FD | General Citizens p.a. | Senior Citizens p.a. |
| Indian Bank FD Rates | 2.80% -6.70% | 3.30% -7.20% |
| Bank of Baroda FD Rates | 3.50% -6.60% | 4.00% -7.10% |
| Bank of India (BOI) FD Rates | 3.00% -6.45% | 3.00% -7.10% |
| Canara (Syndicate Bank) Bank FD Rates | 3.25% -6.50% | 3.25% -7.00% |
| Central Bank FD Rates | 3.50% -6.70% | 4.00% -7.20% |
| Indian Overseas Bank FD Rates | 3.50% -6.75% | 4.00% -6.70% |
| PNB FD Rates | 3.25% -6.50% | 3.75% -7.10% |
| Bank of Maharashtra FD Rates | 2.75% -6.20% | 3.25% -6.70% |
| SBI Bank FD Rates | 3.05% - 6.45% | 3.55% - 7.05% |
| Union Bank of India | 3.40% -6.50% | 3.90% -6.90% |
*FD Interest Rates of different banks as of September 2025
Note: The interest rate on FD for the particular banks mentioned in the above table is subject to change, including revisions in the maximum interest rate on FD offered by the bank. The rates columns contain the lowest and highest interest rates for general and senior citizens.
Top Private Sector Banks Giving High Interest Rates on FD
Leading Private Sector Banks in India offer the best rate of interest on FD of up to Rs. 3 crores, as mentioned in the table below:
| Name of Bank | General Citizens p.a. | Senior Citizens p.a. |
| Axis Bank FD Rates | 3.00% - 6.60% | 3.50% - 7.35% |
| Bandhan Bank FD Rates | 2.95% - 6.55% | 3.70% - 7.05% |
| DBS Bank FD Rates | 2.75% -7.15% | 2.75% -7.65% |
| Dhanlaxmi Bank FD Rates | 4.00% -6.90% | 4.50% -7.45% |
| HDFC FD Rates | 2.75% - 6.45% | 3.25% - 6.95% |
| IDFC Bank FD Rates | 3.00% -6.75% | 3.50% -7.25% |
| ICICI Bank FD Rates | 2.75% - 6.60% | 3.25% - 7.10% |
| Karur Vysya Bank FD Rates | 4.00% - 6.65% | 4.50% - 7.15% |
| RBL Bank FD Rates | 3.50% - 7.20% | 4.00% -7.70% |
| SBM Bank FD Rates | 4.15% -7.50% | 4.65% -8.30% |
| IndusInd Bank FD Rates | 3.25% -7.00% | 3.75% -7.50% |
| Jammu & Kashmir Bank FD Rates | 3.50% -7.10% | 4.00% -7.60% |
| Yes Bank FD Rates | 3.25% - 7.00% | 3.75% - 7.75% |
*FD Rate of Interest is effective as of September 2025.
Top Small Finance Banks Giving High Interest Rates on FD
The Small Finance Banks (SFBs) registered under the Companies Act, 2013, offer high FD rates of interest to give financial support to the weaker sections of the economy.
The list of best rates of interest on FD for deposits of up to Rs. 3 crores by SFBs is as follows:
| List of Top Small Finance Banks (SFBs) | General Citizens p.a. | Senior Citizens p.a. |
| Suryoday SF Bank FD Rates | 4.00% - 8.20% | 4.40%- 8.40% |
| Ujjivan SF Bank FD Rates | 3.50% - 7.45% | 4.00% - 7.95% |
| ESAF SF Bank FD Rates | 2.75% - 7.60% | 3.25% - 8.10% |
| Unity SF Bank FD Rates | 4.00% - 6.75% | 4.00% - 7.25% |
| Jana SF Bank FD Rates | 5.15% -8.00% | 5.15% -8.00% |
| Utkarsh SF Bank FD Rates | 4.00% -7.65% | 4.50% -8.15% |
| Equitas SF Bank FD Rates | 3.50% -7.40% | 4.00% -7.90% |
| AU Small Finance Bank FD Rates | 3.50% -7.10% | 4.50% -7.29% |
*FD Rate of Interest is effective as of September 2025.
Top NBFCs Giving High Interest Rates on FD
Non-Banking Financial Companies (NBFCs) offer higher FD interest rates than small finance banks. Here is a list of the best rates of interest on FD in 2025 provided by the top NBFCs in India for deposits of up to Rs. 3 crores:
| Non-Banking Financial Companies (NBFC) | General Citizens p.a. | Senior Citizens p.a. |
| Aditya Birla Capital FD | 7.05% - 7.50% | 7.30% - 7.75% |
| Bajaj Finserv FD | 6.60% - 6.95% | 6.95% - 7.30% |
| Mahindra & Mahindra Finance Service Ltd FD | 6.75% - 7.00% | 7.25% - 7.50% |
| Shriram Finance FD | 7.00% - 7.60% | 7.50% - 8.10% |
| Sundaram Finance FD | 6.54% - 6.82% | 7.10% - 7.30% |
*FD Rate of Interest is effective as of September 2025.
Note: The Fixed Deposit interest rates mentioned in the above table are subject to change. The table does not represent any chronological order.
Top Foreign Banks Giving High Interest Rates on FD
The list of foreign banks offering the best FD rates in India on deposits of up to Rs. 3 crores is as follows:
| List of Foreign Bank FDs | General Citizens p.a. | Senior Citizens p.a. |
| Deutsche Bank FD Rates | 3.00% - 7.00% | 3.00% - 7.00% |
| HSBC Bank FD Rates | 2.50% - 5.50% | 3.00% - 6.00% |
| Standard Chartered Bank FD Rates | 3.00% - 7.20% | 3.50% - 7.70% |
| Barclays Bank FD Rates | 4.30% - 5.27% | - |
*FD Rate of Interest is effective as of September 2025.
Documents Required To Open a 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:
-
Proof of Identity:
- Aadhaar card
- PAN card
- Driving license
- Voter ID card
- Government ID card
-
Address proof:
- Passport
- Electricity bill
- Utility bills
- Photo Ration Card
-
Savings Account Details to Link with FD Account:
- Bank Statement
- Cancelled cheque
Key Features of the Banks Offering High FD Interest Rates
When choosing a Fixed Deposit, investors often prefer leading public and private sector banks. Here are the key features that make them stand out:
- Trusted by Investors: Established banks with strong track records inspire confidence, making them a safe choice for parking hard-earned savings.
- Attractive Interest Rates: By offering higher FD rates, these banks encourage customers to grow their wealth while ensuring steady inflows of deposits.
- Strong Financial Base: A robust capital adequacy ratio (CAR) ensures that these banks remain financially sound, capable of managing risks and meeting regulatory standards.
- Customer Retention & Market Leadership: Competitive FD rates help these banks retain loyal customers while expanding their market share in a crowded financial services industry.
- Support for Lending: Funds raised through FDs strengthen the banks’ ability to offer loans for homes, businesses, and personal needs. This helps the banks create a sustainable cycle of growth for both banks and depositors.
Wrapping up
Small finance banks and NBFCs usually offer higher interest rates than the public and private banks. This is due to multiple factors like business strategy, competitive pressure, and regulatory mandate. Among leading banks, HDFC, ICICI, and Kotak offer some of the highest rates with several benefits and features. The interest rate is not the only factor to consider when selecting an FD; you should also consider the stability of the bank and the tenure that pays the highest interest rate, because it differs across banks.
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Bank of Baroda FD Rates
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Allahabad Bank FD Calculator
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AU Bank FD Calculator
Axis Bank FD Calculator
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Bank of Baroda FD Calculator
Bank of India FD Calculator
Bank of Maharashtra FD Calculator
Canara Bank FD Calculator
Central Bank FD Calculator
Corporation Bank FD Calculator
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FAQs
-
Which bank gives more interest on FDs?
Some small finance banks like Suryoday Small Finance Bank and Utkarsh Small Finance Bank offer the highest FD interest rates, up to 8.20% p.a. for regular investors and even higher for senior citizens. Among major private banks, Axis Bank and HDFC Bank offer up to 6.60% p.a. to the general public, while senior citizens can earn up to 7.35% p.a. with Axis Bank (as of September 2025). -
Which bank gives a higher interest on an FD?
Leading private sector banks like Axis Bank, HDFC Bank, and Kotak Bank offer up to 6.60% p.a. to the general public, while senior citizens can earn up to 7.35% p.a. (as of September 2025). Small finance banks like Suryoday SFB also offer comparatively higher rates. -
What is the highest FD rate of HDFC Bank?
The highest interest rates of the HDFC Bank go up to 6.60% p.a. for the general citizens and 7.10% for the senior citizens. -
Which PSB gives the highest interest rate on FD for its general citizens in India?
Indian Overseas Bank gives the highest interest rate for its general citizens, up to 6.75% -
How much does SBI offer its FD interest rates?
The SBI offers FD interest rates that range from 3.05% - 6.45% for the general citizens and 3.55% - 7.05% for senior citizens.
* 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. 20,000/- 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
#Discount offered by insurance company
++Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
˜Top plans are based on annualized premium, for bookings made through https://www.policybazaar.com in FY 25. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in
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