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Bank FD interest rates

For a 1-year FD these 6 banks pay 6.1% to 7% a year, and 6.6% to 7.5% to senior citizens: deposits under ₹3 crore, as each bank’s own page gave them.

FD rates for 1, 2, 3 and 5 years

% a year on deposits under ₹3 crore. Banks are in alphabetical order; the highest rate for each tenure is in bold. Open a bank for all its tenures.

General

Bank 1 year 2 years 3 years 5 years
Axis Bank 6.25% 6.5% 6.5% 6.5%
Bandhan Bank 7% 7.45% 7.25% 5.85%
IDFC First Bank 6.5% 7.1% 7.1% 6.75%
Indian Bank 6.1% 6.15% 6.05% 6%
PNB 6.25% 6.3% 6.3% 6.35%
SBI 6.25% 6.4% 6.3% 6.05%

Senior citizens

Bank 1 year 2 years 3 years 5 years
Axis Bank 6.75% 7% 7% 7.25%
Bandhan Bank 7.5% 7.95% 7.75% 6.6%
IDFC First Bank 6.75% 7.35% 7.35% 7%
Indian Bank 6.6% 6.65% 6.55% 6.5%
PNB 6.75% 6.8% 6.8% 6.85%
SBI 6.75% 6.9% 6.8% 7.05%

Every tenure, bank by bank

How these rates are checked

From each bank’s own page

  • Every month, in its first ten days, each bank’s rates are copied by hand from the bank’s own rate page, with the date the bank says they apply from.
  • They are checked before they go up: no tenure left out between two others, senior citizen rates not below general ones, and any change of more than 0.5 points read again on the bank’s page.
  • A bank not checked again for 45 days is marked; after 75 days its rates come down until they are checked again.

What they cover

  • Fixed deposits of resident individuals under ₹3 crore, at each bank’s card rates. Senior citizen rates are as each bank defines them.
  • Banks can change their rates at any time: check the bank’s page or branch before you invest.
  • This page lists rates. It does not recommend a bank or a deposit.
Why isn’t my bank here?

Some banks don’t allow their rates to be republished, and some websites could not be read. Not shown for now:

  • HDFC Bank: its terms forbid reproducing its website content without written permission.
  • ICICI Bank: its terms forbid public or commercial use of its website content without written permission.
  • Kotak Mahindra Bank: its terms forbid reproducing its website content without written permission.
  • Bank of Baroda: its terms forbid reproducing its website content without written permission.
  • IndusInd Bank: its terms forbid reproducing its website content without written permission.
  • Union Bank of India: its terms prohibit the use of its website content.
  • Canara Bank: its website does not allow automated reading of its rate page.
  • Bank of India: its website could not be reached.
  • Yes Bank: its website could not be reached.
What changed (latest: 5 October 2026)

Changes to the rates on this page, newest first.

    • Rates checked on the pages of SBI, Axis Bank, PNB, Indian Bank, IDFC First Bank and Bandhan Bank
    • Axis Bank’s rates shown here took effect, as its page says
    • IDFC First Bank’s rates shown here took effect, as its page says
    • Indian Bank’s rates shown here took effect, as its page says
    • Bandhan Bank’s rates shown here took effect, as its page says
    • PNB’s rates shown here took effect, as its page says
    • SBI’s rates shown here took effect, as its page says

Mistakes we have fixed on any page are listed on Corrections.

What will my deposit come to?

Open a bank above and pick a tenure: the FD calculator opens at that rate, with the interest year by year. Each bank’s page also shows what ₹1 lakh comes to for 1, 2, 3 and 5 years.

What to check next