Top Banks Fixed Deposit Latest Interest Rate of 2023

Many top banks in India provide a good range of Fixed Deposit (FD) options that include a number of benefits such as nomination facility, competitive rate of interest, joint account, loan/overdraft facility, and so on. Here is a comparison of fixed deposit (FD) interest rates for amounts less than Rs 2 crore over various tenors.

SBI Bank

SBI is one of India's most reputable and well-established banks, ranking among the best. offers interest rates ranging from 3% to 6.75% with terms ranging from 7 days to 10 years.

Tenors	Interest Rates (p.a.)
	General Public	Senior Citizens
7 days to 45 days	3.00%	3.50%
46 days to 179 days	4.50%	5.00%
180 days to 210 days	5.25%	5.75%
211 days to less than 1 year	5.75%	6.25%
1 year to less than 2 year	6.75%	7.25%
2 years to less than 3 years	6.75%	7.25%
3 years to less than 5 years	6.25%	6.75%
5 years to 10 years	6.25%	7.25%*

Yes Bank

Yes Bank has interest rates ranging from 3.25% to 7.75% (including special deposits) with terms ranging from 7 days to 10 years.

Tenure	Interest Rates (% p.a.)
	Regular Citizens	Senior Citizens
7 days to 14 days	3.25	3.75
15 days to 45 days	3.7	4.2
46 days to 90 days	4.1	4.6
91 days to 180 days	4.75	5.25
181 days to 271 days	5.75	6.25
272 days to less than 1 year	6	6.5
1 year to less than 15 months	7	7.5
Above 15 months to less than 20 months	7	7.5
Above 22 months to less than 25 months	7	7.5
Above 25 months to less than 35 months	7	7.5
Above 35 months to less than 36 months	7	7.5
3 years to 10 years	7	7.75

HDFC Bank

HDFC Bank provides interest rates ranging from 3% to 7% for terms ranging from 7 days to 10 years.

Tenor	Less than 2 Crore
	Interest Rate (per annum)	Senior Citizen Rates (per annum)
7 - 14 days	3.00%	3.50%
15 - 29 days	3.00%	3.50%
30 - 45 days	3.50%	4.00%
46 - 60 days	4.50%	5.00%
61 - 89 days	4.50%	5.00%
90 days < = 6 months	4.50%	5.00%
6 months 1 days <= 9 months	5.75%	6.25%
9 months 1 day to < 1 year	6.00%	6.50%
1 year to < 15 months	6.50%	7.00%
15 months to < 18 months	7.00%	7.50%
18 months to < 21 months	7.00%	7.50%
21 months - 2 years	7.00%	7.50%
2 years 1 day - 3 years	7.00%	7.50%
3 year 1 day to - 5 years	7.00%	7.50%
5 year 1 day - 10 years	7.00%	7.75%

Canara Bank

Canara Bank provides interest rates ranging from 3.25% to 7.15% for terms ranging from 7 days to 10 years.

FD Tenure	Interest Rates (% p.a.)
	Regular Citizens	Senior Citizens
7 days to 45 days*	3.25	3.25
46 days to 90 days	4.5	4.5
91 days to 179 days	4.5	4.5
180 days to 269 days	5.5	6
270 days to less than 1 year	5.5	6
1 year	6.75	7.25
Above 1 year to less than 2 years	6.8	7.3
400 days	7.15	7.65
666 days	7	7.5
2 years to less than 3 years	6.8	7.3
3 years to less than 5 years	6.5	7
5 years to 10 years	6.5	7

Axis Bank

Axis Bank provides interest rates ranging from 3% to 7.01% for terms ranging from 7 days to 10 years.

Tenure	Regular Citizens	Senior Citizens
7 days to 14 days	3.50%	3.50%
15 days to 29 days	3.50%	3.50%
30 days to 45 days	3.50%	3.50%
46 days to 60 days	4.00%	4.00%
61 days to less than 3 months	4.50%	4.50%
3 months to less than 4 months	4.75%	4.75%
4 months to less than 5 months	4.75%	4.75%
5 months to less than 6 months	4.75%	4.75%
6 months to less than 7 months	5.75%	6.00%
7 months to less than 8 months	5.75%	6.00%
8 months to less than 9 months	5.75%	6.00%
9 months to less than 10 months	6.00%	6.25%
10 months to less than 11 months	6.00%	6.25%
11 months to 11 months 24 days	6.00%	6.25%
11 months 25 days to less than 1 year	6.00%	6.25%
1 year to 1 year 4 days	6.75%	7.50%
1 year 5 days to 1 year 10 days	6.75%	7.50%
1 year 11 days to 1 year 24 days	6.75%	7.50%
1 year 25 days to less than 13 months	7.10%	7.85%
13 months to less than 14 months	6.75%	7.50%
14 months to less than 15 months	6.75%	7.50%
15 months to less than 16 months	6.75%	7.50%
16 months to less than 17 months	6.75%	7.50%
17 months to less than 18 months	6.75%	7.50%
18 months to less than 2 years	6.75%	7.50%
2 years to less than 30 months	7.26%	8.01%
30 months to less than 3 years	7.00%	7.75%
3 years to less than 5 years	7.00%	7.75%
5 years to 10 years	7.00%	7.75%

Bank of Baroda

Bank of Baroda provides interest rates ranging from 3% to 7.05% for terms ranging from 7 days to 10 years.

Tenure	Interest Rates (%) p.a.
	Regular Citizens	Senior Citizens
7 days to 14 days	3	3.5
15 days to 45 days	3	3.5
46 days to 90 days	4.5	5
91 days to 180 days	4.5	5
181 days to 210 days	5.25	5.75
211 days to 270 days	5.75	6.25
Above 271 days to less than 1 year	5.75	6.25
1 year	6.75	7.25
Above 1 year to 400 days	6.75	7.25
Above 400 days to 2 years	6.75	7.25
Above 2 years to 3 years	6.75	7.25
Above 3 years  to 5 years	6.25	6.90*
Above 5 years to 10 years	6.25	7.25**
444 days (Baroda Tiranga Deposit Scheme)	6.75	7.25
555 days (Baroda Tiranga Deposit Scheme)	6.75	7.25
399 days (Baroda Tiranga Plus Deposit Scheme)	7.05	7.55

Punjab National Bank

PNB provides interest rates ranging from 3.50% to 7.25% for terms ranging from 7 days to 10 years.

Tenure	Interest Rates (% p.a.)
	Regular Citizens	Senior Citizens	Super Senior Citizens
7 to 14 days	3.5	4	4.3
15 to 29 days	3.5	4	4.3
30 to 45 days	3.5	4	4.3
46 to 90 days	4.5	5	5.3
91 to 179 days	4.5	5	5.3
180 to 270 days	5.5	6	6.3
271 days to less than 1 year	5.5	6	6.3
1 year	6.75	7.25	7.55
Above 1 year to 665 days	6.75	7.25	7.55
666 days	7.25	7.75	8.05
667 days to 2 years	6.75	7.25	7.55
Above 2 years to 3 years	6.75	7.25	7.55
Above 3 years to 5 years	6.5	7	7.3
Above 5 years to 10 years	6.5	7	7.3

Kotak Mahindra Bank

Kotak Mahindra Bank provides interest rates ranging from 2.75% to 7% with terms ranging from 7 days to 10 years.

Tenure	Interest Rates (% p.a.)
	Regular Individuals	Senior Citizens
7 - 14 days	2.75	3.25
15 - 30 days	3	3.5
31 - 45 days	3.25	3.75
46 - 90 days	3.5	4
91 - 120 days	4	4.5
121 - 179 days	4.25	4.75
180 days	5.75	6.25
181 days to 269 days	5.75	6.25
270 days	5.75	6.25
271 days to 363 days	5.75	6.25
364 days	6	6.5
365 days to 389 days	6.75	7.25
390 days (12 months 25 days)	7	7.5
391 days to less than 23 months	7	7.5
23 months	7	7.5
23 months 1 day to less than 2 years	7	7.5
2 years to less than 3 years	6.75	7.25
3 years to less than 4 years	6.5	7
4 years to less than 5 years	6.25	6.75
5 years to 10 years	6.2	6.7