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हिंदी में पढ़ें

Scheduled Banks offering highest FD interest rates – 6.50% p.a. and above

Amongst all bank categories, small finance banks are offering the highest FD interest rates. Within the scheduled small finance bank category, Suryoday Small Finance Bank is offering the highest FD interest rate of 8.51% p.a.; followed by Unity Small Finance Bank offering FD rates of 8.50% p.a.  Among scheduled private sector banks, DCB Bank offers the best FD interest rates of up to 7.85% p.a for a tenure of above 700 days to 3 years.  Among scheduled public sector banks, highest FD rate is offered by Union Bank of India of up to 7.30% p.a for a tenure of 800 days and 3 years.

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Senior citizens (of age 60 years and above) can earn fixed deposit rates of up to 9.00% p.a. on tenures ranging from 1 year to 10 years. Banks usually offer an additional FD interest rate of 50-80 bps over the regular fixed deposit rates to senior citizens. Some banks also offer additional interest rates of 20-30 bps, over and above the additional senior citizen FD rates under special FD schemes.  Additionally, most banks offer preferential interest rates to super senior citizens aged 80 years and above. For instance, RBL Bank, Indian Overseas Bank, Indian Bank and Punjab National Bank offer an additional 75-80 bps over and above the regular FD rates to super senior citizens.

BanksInterest Rates (% p.a.)Additional interest rate for senior citizens (% p.a.)
Highest FD rate1-year
tenure		3-year
tenure		5-year
tenure
Suryoday Small Finance Bank8.517.007.256.750.25-0.50
Unity Small Finance Bank8.507.357.657.650.50*
Jana Small Finance Bank8.107.258.107.250.70
Shivalik Small Finance Bank8.007.508.007.000.50
Equitas Small Finance Bank8.007.507.757.000.50
ESAF Small Finance Bank8.005.505.755.250.50
Ujjivan Small Finance Bank8.006.507.207.200.75
Fincare Small Finance Bank8.007.257.007.000.50
Utkarsh Small Finance Bank8.007.507.507.500.75
DCB Bank7.857.257.857.600.50
RBL Bank7.807.007.007.000.50
SBM Bank7.757.057.307.750.50
YES Bank7.757.007.007.000.50**
AU Small Finance Bank7.756.107.757.200.50
North East Small Finance Bank7.755.257.006.500.75
Bandhan Bank7.507.257.255.850.50-0.75
Induslnd Bank7.507.007.507.250.50-0.75
IDFC First Bank7.506.757.507.000.50
Union Bank of India7.306.307.306.700.50
Axis Bank7.266.757.007.000.25-0.75

*Senior citizen FD rates are offered for a tenure ranging from 46 days to 10 years

**Additional 25 bps for tenure 3 years to 10 years are offered to senior citizen FD depositors2

The rates are updated as of  2 February 2023

Calculate FD Return & Maturity

Suggested Read: Comparison of FD Interest Rates Offered by All Banks in 2023

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Suryoday Small Finance Bank

Suryoday Small Finance Bank FD rates are in the range of 4.00-8.51% p.a. for the general public. Senior citizens FD rates range from 4.50-8.76% p.a. The bank offers FD tenures from 7 days to 10 years. The interest rate for Tax Saving FDs is 8.51% p.a. for the general public and 8.76% p.a. for senior citizen depositors.

Highest slab rate8.51% (for 999 days)
For 1 year7.00% p.a.
For 2 years8.01% p.a.
For 3 years7.25% p.a.
For 4 years6.75% p.a.
For 5 years6.75% p.a.
Tax-Saving FD6.75% p.a.

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Unity Small Finance Bank

Unity Small Finance Bank FD rates are in the range of 4.50-8.50% p.a. for the general public. Senior citizens’ FD rates range from 4.50-9.00% p.a. The bank offers FD tenures from 7 days to 10 years.

Highest slab rate8.50% (for 181 days; 501 days)
For 1 year7.35% p.a.
For 2 years7.40% p.a.
For 3 years7.65% p.a.
For 4 years7.65% p.a.
For 5 years7.65% p.a.

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Jana Small Finance Bank

Jana Small Finance Bank FD rates are in the range of 3.75-8.10% p.a. for the general public. Senior citizens FD rates range from 4.70-8.80% p.a. The bank offers FD tenures from 7 days to 10 years. The interest rate for Tax Saving FDs is 7.25% p.a. for the general public and 7.95% p.a. for senior citizen depositors.

Highest slab rate8.10% p.a. (for above 2 years to 3 years)
For 1 year7.25% p.a.
For 2 years7.50% p.a.
For 3 years8.10% p.a.
For 4 years7.35% p.a.
For 5 years7.25% p.a.
Tax-Saving FD7.25% p.a.

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Shivalik Small Finance Bank

The FD interest rates of Shivalik Small Finance Bank are in the range of 3.75-8.00% p.a. for the general public. Senior citizens’ FD rates range from 4.25-8.50% p.a. The bank offers FD tenures from 7 days to 10 years. The interest rate on Shivalik Small Finance Bank Tax Saving FDs is 7.00% p.a. for the general public and 7.50% p.a. for senior citizen depositors for tenures of 5 years to 10 years.

Highest slab rate8.00% (for 18 months to 36 months)
For 1 year7.50% p.a.
For 2 years8.00% p.a.
For 3 years8.00% p.a.
For 4 years7.00% p.a.
For 5 years7.00% p.a.
Tax-Saving FD7.00% p.a.

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Equitas Small Finance Bank

Equitas Bank FD rates are in the range of 3.50-8.00% p.a. for the general public. Senior citizens FD rates range from 4.00-8.50% p.a. The bank offers FD tenures from 7 days to 10 years.

Highest slab rate8.00% p.a. (for 888 days)
For 1 year7.50% p.a.
For 2 years7.25% p.a.
For 3 years7.75% p.a.
For 4 years7.25% p.a.
For 5 years7.00% p.a.

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ESAF Small Finance Bank

ESAF FD interest rates are in the range of 4.00-8.00% p.a. for the general public. The fixed deposit interest rates for senior citizens range from 4.50-8.50% p.a. The bank offers FD tenures from 7 days to 10 years.

Highest slab rate8.00% p.a. (for 999 days)
For 1 year5.50% p.a.
For 2 years7.25% p.a.
For 3 years5.75% p.a.
For 4 years5.75% p.a.
For 5 years5.25% p.a.

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Ujjivan Small Finance Bank

Ujjivan Small Finance Bank FD rates are in the range of 3.75-8.00% p.a. for the general public. Senior citizens FD rates range from 4.50-8.75% p.a. The bank offers FD tenures from 7 days to 10 years.  The interest rate for Tax Saving FDs is 7.20% p.a. for the general public and 7.95% p.a. for senior citizen depositors.

Highest slab rate8.00% (for 80 weeks)
For 1 year6.50% p.a.
For 2 years7.50% p.a.
For 3 years7.20% p.a.
For 4 years7.20% p.a.
For 5 years7.20% p.a.
Tax-Saving FD7.20% p.a.

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Fincare Small Finance Bank

Fincare Small Finance Bank FD rates are in the range of 3.00-8.00% p.a. for the general public. Senior citizens FD rates range from 3.50-8.50% p.a. The bank offers FD tenures from 7 days to 84 months. The interest rate for Tax Saving FDs is 7.00% p.a. for the general public and 7.50% p.a. for senior citizen depositors.

Highest slab rate8.00% (for 1000 days)
For 1 year7.25%
For 2 years7.30%
For 3 years7.00%
For 4 years7.00%
For 5 years7.00%
Tax-Saving FD7.00%

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Utkarsh Small Finance Bank

Utkarsh Small Finance Bank FD rates are in the range of 4.00-8.00% p.a. for the general public. The fixed deposit interest rates for senior citizens range from 4.75-8.75% p.a. The bank offers FD tenures from 7 days to 10 years. The interest rate for Tax Saving FDs is 7.50% p.a. for the general public and 8.25% p.a. for senior citizen depositors.

Highest slab rate8.00% p.a. (for 700 days)
For 1 year7.50% p.a.
For 2 years7.50% p.a.
For 3 years7.50% p.a.
For 4 years7.50% p.a.
For 5 years7.50% p.a.
Tax-Saving FD7.50% p.a.

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DCB Bank

DCB Bank FD rates are in the range of 3.75-7.85% p.a. to the general public and 4.25-8.35% p.a. to senior citizens on tenures ranging from 7 days to 10 years. The interest rate on DCB Bank Tax Saving FDs is 7.60% p.a. for the general public and 8.10% p.a. for senior citizen depositors for tenures of 5 years.

Highest slab rate7.85% (for more than 700 days to 3 years )
For 1 year7.25% p.a.
For 2 years7.85% p.a.
For 3 years7.85% p.a.
For 4 years7.60% p.a.
For 5 years7.60% p.a.
Tax-Saving FD7.60% p.a.

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RBL Bank

RBL Bank FD rates are in the range of 3.25-7.80% p.a. to the general public and 3.75- 8.30% p.a. to senior citizens on tenures ranging from 7 days to 20 years. The interest rate on RBL Bank Tax Saving FDs is 7.00% p.a. for the general public and 7.50% p.a. for senior citizen depositors for tenures of 5 years.

Highest slab rate7.80% (from 15 months to 725 days)
For 1 year7.00% p.a.
For 2 years7.00% p.a.
For 3 years7.00% p.a.
For 4 years7.00% p.a.
For 5 years7.00% p.a.
Tax-Saving FD7.00% p.a.

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SBM Bank

SBM Bank FD rates are in the range of 4.25-7.75% p.a. for the general public. Senior citizens FD rates range from 4.75-8.25% p.a. The bank offers FD tenures from 7 days to 10 years. The interest rate for Tax Saving FDs is 7.75% p.a. for the general public and 8.25% p.a. for senior citizen depositors.

Highest slab rate7.75% p.a. (for 5 years)
For 1 year7.05% p.a.
For 2 years7.30% p.a.
For 3 years7.30% p.a.
For 4 years7.40% p.a.
For 5 years7.75% p.a.
Tax-Saving FD7.75% p.a.

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YES Bank

YES Bank FD rates are in the range of 3.25-7.75% p.a. for the general public. Senior citizens Fixed Deposit rates range from 3.75-8.25% p.a. The bank offers FD tenures from 7 days to 10 years. The interest rate for Tax Saving FDs is 7.00% p.a. for the general public.

Highest slab rate7.75% p.a. (for 35 months)
For 1 year7.00% p.a.
For 2 years7.00% p.a.
For 3 years7.00% p.a.
For 4 years7.00% p.a.
For 5 years7.00% p.a.
Tax-Saving FD7.00% p.a.

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AU Small Finance Bank

AU Small Finance Bank FD rates are in the range of 3.75-7.75% p.a. for the general public. Senior citizens FD interest rates range from 4.25-8.25% p.a. The bank offers FD tenures from 7 days to 10 years. The interest rate on AU Small Finance Bank Tax Saving FDs is 7.20% p.a. for the general public and 7.70% p.a. for senior citizen depositors for tenures of 5 years.

Highest slab rate7.75% p.a. (for 24 months 1 day to 45 months)
For 1 year6.10% p.a.
For 2 years7.20% p.a.
For 3 years7.75% p.a.
For 4 years7.20% p.a.
For 5 years7.20% p.a.
Tax-Saving FD7.20% p.a.

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North East Small Finance Bank

North East Small Finance Bank FD rates are in the range of 3.00-7.75% p.a. for the general public. Senior citizens FD rates range from 3.75-8.50% p.a. The bank offers FD tenures from 7 days to 3650 days.

Highest slab rate7.75% p.a. (for 1111 days)
For 1 year5.25% p.a.
For 2 years7.00% p.a.
For 3 years7.00% p.a.
For 4 years6.50% p.a.
For 5 years6.50% p.a.

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Bandhan Bank

The FD rates of Bandhan Bank are in the range of 3.00-7.50% p.a. to the general public and 3.75- 8.00% p.a. to senior citizens on tenures ranging from 7 days to 10 years. The interest rate on Bandhan Bank Tax Saving FDs is 5.85% p.a. for the general public and 6.60% p.a. for senior citizen depositors for tenures of 5 years to 10 years.

Highest slab rate7.50% (for 600 days)
For 1 year7.25% p.a.
For 2 years7.25% p.a.
For 3 years7.25% p.a.
For 4 years7.25% p.a.
For 5 years5.85% p.a.
Tax-Saving FD5.85% p.a.

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IndusInd Bank

IndusInd Bank FD rates are in the range of 3.50-7.50% p.a. for the general public. Senior citizens FD rates range from 4.00-8.25% p.a. The bank offers FD tenures from 7 days to 61 months and above. The interest rate for Tax Saving FDs is 7.25% p.a. for the general public and 8.00% p.a. for senior citizen depositors.

Highest slab rate7.50% p.a. (for 2 years to 3 years 3 months)
For 1 year7.00% p.a.
For 2 years7.50% p.a.
For 3 years7.50% p.a.
For 4 years7.25% p.a.
For 5 years7.25% p.a.
Tax-Saving FD7.25% p.a.

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IDFC First Bank

IDFC Bank FD rates are in the range of 3.50-7.50% p.a. for the general public. Senior citizens Fixed Deposit rates range from 4.00-8.00% p.a. The bank offers FD tenures from 7 days to 10 years. The interest rate for Tax Saving FDs is 7.00% p.a. for the general public and 7.50% p.a. for senior citizen depositors.

Highest slab rate7.50% (for 18 months 1 day to 3 years)
For 1 year6.75% p.a.
For 2 years7.50% p.a.
For 3 years7.50% p.a.
For 4 years7.00% p.a.
For 5 years7.00% p.a.
Tax-Saving FD7.00% p.a.

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Union Bank of India

Union Bank of India FD rates are in the range of 3.00-7.30% p.a. to the general public and 3.50-7.80% p.a. to senior citizens on tenures ranging from 7 days to 10 years. The interest rate on Union Bank of India Tax Saving FDs is 6.70% p.a. for the general public and 7.20% p.a. for senior citizen depositors for tenures of 5 years to 10 years.

Highest slab rate7.30% p.a. (for 800 days; 3 years)
For 1 year6.30% p.a.
For 2 years6.30% p.a.
For 3 years7.30% p.a.
For 4 years6.70% p.a.
For 5 years6.70% p.a.
Tax-Saving FD6.70% p.a.

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Axis Bank

Axis Bank FD rates are in the range of 3.50-7.26% p.a. to the general public and 3.50-8.01% p.a. to senior citizens on tenures ranging from 7 days to 10 years. The interest rate on PNB Tax Saving FDs is 7.00% p.a. for the general public and 7.75% p.a. for senior citizens for tenures of 5 years.

Highest slab rate7.26% (for 2 years to less than 30 months)
For 1 year6.75% p.a.
For 2 years7.26% p.a.
For 3 years7.00% p.a.
For 4 years7.00% p.a.
For 5 years7.00% p.a.
Tax-Saving FD7.00% p.a.

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1 Comment. Leave new

Ashish
December 10, 2022 1:52 am

Please call need to do FD

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