Fixed Deposit Interest Rates 2026
Bank-wise FD rates for general and senior citizens — highest rate, 1/2/3/5-year rates and special tenures from the latest published rate cards.
Updated 30 September 2026 · 25 banks trackedWhat you need to know
FD rates in India follow the RBI repo rate with a lag. After the RBI cut the repo rate from 6.50% to 5.25% between February and December 2025, most banks trimmed deposit rates through late 2025 and 2026. Today the large public and private banks pay roughly 6.0%–6.6% for 1–5 years to regular depositors, while several mid-sized private banks still pay 7%–7.45%. Senior citizens usually get 0.50% more. The tables below are built from each bank’s latest rate card (effective dates shown) for deposits below ₹3 crore.
Highest FD rates by bank
Highest rate each bank pays on any tenure, for deposits below ₹3 crore. Tap a bank for its full tenure-wise rate card.
| Bank | Highest – general | Highest – senior | Range (general) | Rate card effective |
|---|---|---|---|---|
| Bandhan BankPrivate sector | 7.45%2 – <3 years | 7.95%2 – <3 years | 2.95% – 7.45% | 20 Jun 2026 |
| IDFC FIRST BankPrivate sector | 7.25%500 days – 3 years | 7.50%500 days – 3 years | 3.25% – 7.25% | 25 Jul 2026 |
| YES BankPrivate sector | 7.25%18 months 1 day – <24 months | 7.75%18 months 1 day – <24 months / 3 – 5 years | 3.25% – 7.25% | 2 Jun 2026 |
| RBL BankPrivate sector | 7.20%18 – 36 months | 7.70%18 – 36 months | 3.50% – 7.20% | 8 Sep 2026 |
| Tamilnad Mercantile BankPrivate sector | 7.10%456 days | 7.50%456 days | 4.00% – 7.10% | 1 Jan 2026 |
| IndusInd BankPrivate sector | 7.00%1 year 6 months – <1 year 7 months | 7.50%1 year 6 months – <1 year 7 months | 3.25% – 7.00% | 1 Sep 2026 |
| Kotak Mahindra BankPrivate sector | 6.80%2 – <3 years | 7.30%2 – <3 years | 2.75% – 6.80% | 10 Jun 2026 |
| South Indian BankPrivate sector | 6.80%30 months | 7.30%30 months | 2.90% – 6.80% | 19 Jun 2026 |
| Bank of BarodaPublic sector | 6.75%555 days (bob Golden Goal) | 7.25%555 days (bob Golden Goal) | 3.50% – 6.75% | 12 Jun 2026 |
| Federal BankPrivate sector | 6.75%36 months | 7.25%36 months | 3.00% – 6.75% | 12 Mar 2026 |
| Bank of IndiaPublic sector | 6.70%3 years | 7.45%3 years | 3.00% – 6.70% | 18 May 2026 |
| Indian BankPublic sector | 6.65%555 days (Ind Grow) | 7.15%555 days (Ind Grow) | 2.80% – 6.65% | 4 Aug 2026 |
| Karnataka BankPrivate sector | 6.65%555 days | 7.05%555 days | 3.50% – 6.65% | 1 Mar 2026 |
| Canara BankPublic sector | 6.60%555 days | 7.10%555 days | 3.00% – 6.60% | 5 Aug 2026 |
| Indian Overseas BankPublic sector | 6.60%444 days | 7.10%444 days | 3.50% – 6.60% | 15 May 2026 |
| Punjab National BankPublic sector | 6.60%444 days | 7.10%444 days | 3.00% – 6.60% | 1 Jun 2026 |
| Standard Chartered BankForeign bank | 6.60%1 year – 376 days | 7.10%1 year – 376 days | 2.75% – 6.60% | 25 Sep 2026 |
| Bank of MaharashtraPublic sector | 6.55%400 days | 7.05%400 days | 2.60% – 6.55% | 31 Jan 2026 |
| Union Bank of IndiaPublic sector | 6.55%555 days | 7.05%555 days | 2.70% – 6.55% | 4 Aug 2026 |
| Axis BankPrivate sector | 6.50%18 months – <2 years / 2 – <3 years / 3 – <5 years / 5 – 10 years | 7.25%5 – 10 years | 3.00% – 6.50% | 19 Aug 2026 |
| HDFC BankPrivate sector | 6.50%3 years – 4 years 7 months | 7.00%3 years – 4 years 7 months | 2.75% – 6.50% | 6 Mar 2026 |
| ICICI BankPrivate sector | 6.50%3 years 1 day – 5 years / 5 years 1 day – 10 years | 7.10%3 years 1 day – 5 years | 2.75% – 6.50% | 27 Jul 2026 |
| IDBI BankPrivate sector | 6.50%>2 – <3 years | 7.00%>2 – <3 years | 3.00% – 6.50% | Jun 2026 |
| State Bank of IndiaPublic sector | 6.45%444 days (Amrit Vrishti) | 7.05%5 – 10 years | 3.05% – 6.45% | 15 Dec 2025 |
| Central Bank of IndiaPublic sector | 6.30%444 / 555 days | 6.80%444 / 555 days | 3.00% – 6.30% | 10 Dec 2025 |
Source: each bank’s published rate card as compiled on 27 September 2026. Rates change often — confirm on the bank’s website before investing.
FD rates for 1, 2, 3 and 5 years
| Bank | 1 year | 2 years | 3 years | 5 years |
|---|---|---|---|---|
| IDFC FIRST Bank | 6.50% Sr: 6.75% | 7.25% Sr: 7.50% | 7.25% Sr: 7.50% | 6.75% Sr: 7.00% |
| Bandhan Bank | 7.00% Sr: 7.50% | 7.45% Sr: 7.95% | 7.25% Sr: 7.75% | 5.85% Sr: 6.60% |
| RBL Bank | 7.00% Sr: 7.50% | 7.20% Sr: 7.70% | 7.20% Sr: 7.70% | 7.00% Sr: 7.50% |
| YES Bank | 6.65% Sr: 7.15% | 7.00% Sr: 7.50% | 7.00% Sr: 7.75% | 7.00% Sr: 7.75% |
| Federal Bank | 6.25% Sr: 6.75% | 6.40% Sr: 6.90% | 6.75% Sr: 7.25% | 6.40% Sr: 6.90% |
| Bank of India | 6.50% Sr: 7.00% | 6.60% Sr: 7.10% | 6.70% Sr: 7.45% | 6.00% Sr: 6.75% |
| IndusInd Bank | 6.75% Sr: 7.25% | 6.90% Sr: 7.40% | 6.65% Sr: 7.15% | 6.65% Sr: 7.15% |
| Tamilnad Mercantile Bank | 6.80% Sr: 7.30% | 6.60% Sr: 7.10% | 6.60% Sr: 7.10% | 6.60% Sr: 7.10% |
| HDFC Bank | 6.25% Sr: 6.75% | 6.45% Sr: 6.95% | 6.50% Sr: 7.00% | 6.40% Sr: 6.90% |
| Axis Bank | 6.25% Sr: 6.75% | 6.50% Sr: 7.00% | 6.50% Sr: 7.00% | 6.50% Sr: 7.25% |
| Standard Chartered Bank | 6.60% Sr: 7.10% | 6.50% Sr: 7.00% | 6.50% Sr: 7.00% | 6.25% Sr: 6.75% |
| ICICI Bank | 6.25% Sr: 6.75% | 6.30% Sr: 6.80% | 6.45% Sr: 6.95% | 6.50% Sr: 7.10% |
| Kotak Mahindra Bank | 6.35% Sr: 6.85% | 6.80% Sr: 7.30% | 6.40% Sr: 6.90% | 6.25% Sr: 6.75% |
| IDBI Bank | 6.20% Sr: 6.70% | 6.25% Sr: 6.75% | 6.35% Sr: 6.85% | 6.25% Sr: 6.75% |
| State Bank of India | 6.25% Sr: 6.75% | 6.40% Sr: 6.90% | 6.30% Sr: 6.80% | 6.05% Sr: 7.05% |
| Punjab National Bank | 6.25% Sr: 6.75% | 6.30% Sr: 6.80% | 6.30% Sr: 6.80% | 6.10% Sr: 6.60% |
| Bank of Baroda | 6.25% Sr: 6.75% | 6.25% Sr: 6.75% | 6.25% Sr: 6.75% | 6.30% Sr: 6.90% |
| Canara Bank | 6.25% Sr: 6.75% | 6.25% Sr: 6.75% | 6.25% Sr: 6.75% | 6.25% Sr: 6.75% |
| South Indian Bank | 6.25% Sr: 6.75% | 5.85% Sr: 6.35% | 6.20% Sr: 6.70% | 5.70% Sr: 6.20% |
| Karnataka Bank | 6.50% Sr: 6.90% | 6.40% Sr: 6.80% | 6.15% Sr: 6.55% | 6.15% Sr: 6.55% |
| Indian Bank | 6.10% Sr: 6.60% | 6.20% Sr: 6.70% | 6.15% Sr: 6.65% | 6.00% Sr: 6.50% |
| Union Bank of India | 6.20% Sr: 6.70% | 6.15% Sr: 6.65% | 6.10% Sr: 6.60% | 6.00% Sr: 6.50% |
| Indian Overseas Bank | 6.50% Sr: 7.00% | 6.40% Sr: 6.90% | 6.10% Sr: 6.60% | 6.10% Sr: 6.60% |
| Central Bank of India | 6.20% Sr: 6.70% | 6.25% Sr: 6.75% | 6.00% Sr: 6.50% | 6.00% Sr: 6.50% |
| Bank of Maharashtra | 6.20% Sr: 6.70% | 6.15% Sr: 6.60% | 5.25% Sr: 5.75% | 5.00% Sr: 5.50% |
Rate that applies to a deposit of exactly that tenure on each bank’s current card. Sorted by 3-year rate. “—” means the bank’s published card has no slab covering that tenure; check with the bank.
Special-tenure FDs (444, 555 days and more)
Many banks put their best rate on an unusual tenure. These special buckets can be withdrawn early like any FD, but check whether they are available only for a limited period.
| Bank | Scheme | Tenure | General | Senior |
|---|---|---|---|---|
| Tamilnad Mercantile Bank | TMB456 | 456 days | 7.10% | 7.50% |
| IDFC FIRST Bank | Green Deposit | 375 days | 7.00% | 7.25% |
| Bank of Baroda | bob Golden Goal | 555 days | 6.75% | 7.25% |
| Federal Bank | 36 Months | 36 months | 6.75% | 7.25% |
| Federal Bank | 15 Months | 15 months | 6.70% | 7.20% |
| Karnataka Bank | 555 Days | 555 days | 6.65% | 7.05% |
| Indian Bank | Ind Grow | 555 days | 6.65% | 7.15% |
| Canara Bank | 555 Days | 555 days | 6.60% | 7.10% |
| Indian Bank | Ind Prosper | 777 days | 6.60% | 7.10% |
| Indian Overseas Bank | 444 Days | 444 days | 6.60% | 7.10% |
| Bank of Maharashtra | 400 Days | 400 days | 6.55% | 7.05% |
| Canara Bank | 444 Days | 444 days | 6.50% | 7.00% |
| Indian Overseas Bank | Green Deposit | 999 days | 6.50% | — |
| State Bank of India | Amrit Vrishti | 444 days | 6.45% | 6.95% |
| HDFC Bank | Special FD | 33 months | 6.45% | 6.95% |
| Bank of Baroda | bob Square Drive | 444 days | 6.45% | 6.95% |
| HDFC Bank | Special FD | 55 months | 6.40% | 6.90% |
| Indian Bank | Ind Green | 500 days | 6.40% | 6.90% |
| IDBI Bank | Vasundhara Green Deposit | 1111 days | 6.35% | 6.85% |
| Central Bank of India | 444 Days | 444 days | 6.30% | 6.80% |
| Central Bank of India | 555 Days | 555 days | 6.30% | 6.80% |
| Axis Bank | 444 Days FD | 444 days | 6.25% | 6.75% |
| Central Bank of India | 1111 Days | 1111 days | 6.25% | 6.75% |
| Indian Bank | IND Supreme 2.0 | 300 days | 6.20% | 6.70% |
| Bank of Maharashtra | Green Deposit | 1777 days | 6.05% | 6.55% |
| South Indian Bank | Green Deposit | 66 months | 6.00% | 6.50% |
Why do FD rates differ between banks?
Banks that need deposits to fund loan growth (often mid-sized private banks) pay more to attract money.
When the RBI cuts the repo rate, banks lower deposit rates over the following months; hikes work the other way.
Banks price each tenure separately, so the best rate is often in an odd bucket such as 444 days or 18–24 months.
Senior citizens (60+) usually get +0.50%; some banks add more for super seniors (80+) or for staff.
Rates on this page are for retail deposits below ₹3 crore; bulk deposits are priced separately.
Non-callable deposits (no premature withdrawal, ₹1 crore+) can earn slightly more.
How to use these rates
- Match the tenure to your goal first, then look for the best rate in that bucket — do not lock money for longer just to get 0.10% more.
- Compare the effective yield: quarterly compounding makes 7.00% worth about 7.19% a year on a cumulative FD.
- Check the effective date — banks change cards frequently, and the rate that applies is the one on the day you book (or renew) the FD.
- Spread large amounts across banks so each stays within the ₹5 lakh DICGC cover.
Frequently asked questions
Which bank gives the highest FD rate today?
Among the banks we track, Bandhan Bank (7.45% for 2–3 years), IDFC FIRST Bank (7.25% for 500 days–3 years), YES Bank (7.25% for 18–24 months) and RBL Bank (7.20% for 18–36 months) are at the top for regular depositors. Small finance banks can pay more, but carry higher risk than large banks, although they are also covered by DICGC up to ₹5 lakh.
Are FD rates going to fall further?
The RBI held the repo rate at 5.25% in its August 2026 policy with a neutral stance, so large rate cuts are not expected immediately. Deposit rates tend to move a few months after the repo rate.
Is the rate fixed for the full tenure?
Yes. The rate on the day you open the FD applies until maturity, even if the bank later changes its card. On renewal the prevailing rate applies.
Do rates differ for amounts above ₹3 crore?
Yes. Deposits of ₹3 crore and above are bulk deposits with separate rates.
Information is for education and comparison. Rates and rules change — confirm with your bank and a tax adviser before investing. FinancePortal is not a financial or tax adviser.