Home  »  Banking  »  Bank FD Interest Rates

Fixed Deposit (FD) Interest Rates

Fixed Deposit, also called Term Deposit is an investment where the interest rate is guaranteed not to change for the nominated term, so you know exactly what your investment is worth. A fixed deposit is a great way to save money for a period of time, if you are looking at getting your invested money safely along with good earning through it then fixed deposit is the way to go.

Comparison of Bank Fixed Deposit Interest Rates

60 Results found
Bank Name Maturity Period Deposit Amount Interest Rate
General Senior Citizen
Deutsche Bank 5 years Less than Rs. 1cr 8.25 -
Bharat Co-operative Bank Above 24 months upto 36 months Rs. 15 lakh and above 7.50 -
Karur Vysya Bank 3 years and above Less than Rs. 1 cr 7.50 -
Lakshmi Vilas Bank 1000 days Up to Rs. 1 cr 7.50 -
Bassein Catholic Co-operative Bank Above 18 Months to 60 Months Rs. 15 lakh and above 7.50 -
Abu Dhabi Commercial Bank 1 years and above to less than 2 years Less than Rs. 1 cr 7.30 -
Punjab & Maharashtra Co-operative Bank 37 months to 60 months Less than Rs. 25 lakh 7.25 -
Yes Bank 36 Months 10 Days to 36 Months 20 Days Less than Rs. 1cr 7.20 -
Janakalyan Sahakari Bank Above 30 months to 60 months Less than Rs. 15 lakh 7.00 7.50
Shamrao Vithal Co-operative Bank Above 24 mths to 60 mths Less than Rs. 1 cr 7.00 7.15
DCB Bank More than 60 months to 120 months Less than Rs. 1 cr 7.00 7.50
The Ratnakar Bank 120 months to 240 months Rs. 1 cr and above to upto Rs 3 cr 7.00 -
Bombay Mercantile Co-operative Bank Above 3 years to 5 years Less than Rs. 1cr 7.00 -
Kapole Co-operative Bank Tax Savings Scheme - 5 Years Upto Rs. 1 lakh 7.00 -
Thane Janata Sahakari Bank Above 60 months up to 120 months Less than Rs. 1 cr 7.00 -
Indus Ind Bank 270 days or below 1 year Less than Rs. 15 lakh 7.00 -
Union Bank of India Above 3 years to 5 years Less than Rs. 1 cr 6.80 -
Abhyudaya Co-operative Bank Above 36 months upto 120 months Less than Rs. 1 cr 6.75 -
Federal Bank 1111 days Less than Rs. 1 cr 6.75 -
State Bank of India (SBI) 2 years to less than 3 years Above Rs. 10 cr 6.75 -
City Union Bank (CUB) Above 5 years and upto 10 years Up to Rs. 1 cr 6.70 -
Allahabad Bank 1 year to less than 2 years Less than Rs. 1 crore 6.60 -
Nainital Bank Naini Tax Saver Scheme - 5 years to 10 Years Upto Rs. 1 lakh 6.60 6.60
Small Industries Development Bank of India 37 months to 60 months Less than Rs. 1 cr 6.50 7.00
South Indian Bank Above 2 years to upto and incl 10 years Less than Rs. 1 cr 6.50 -
Central Bank of India CENT Tax Saving Deposit - 5 Years Upto Rs. 1 lakh 6.50 7.00
Indian Bank 1 year less then Rs. 1cr 6.50 7.00
Dhanalakshmi Bank Above 5 years and upto and inclusive of 10 years Less than Rs. 1 cr 6.50 -
Karnataka Bank Above 2 years to 10 years Upto Rs. 5 cr 6.50 -
Tamilnad Mercantile Bank 91 days to 179 days Less than Rs. 15 lakh 6.50 -
Bank of India 2 years & above to less than 3 years Rs. 1 cr and above to less than Rs. 10 cr 6.50 -
Corporation Bank Corp Tax Saver Plus - 5 years Upto Rs. 1 lakh 6.50 7.00
IDBI Bank 271 days to less than 1year less than Rs. 1cr 6.50 -
Bandhan Co-operative Bank 7 years to up to 10 years Less than Rs. 1 cr 6.40 6.90
Bandhan Bank 7 years to up to 10 years Less than Rs. 1 cr 6.40 6.90
Punjab and Sind Bank 180 days to 269 days Less than Rs. 1cr 6.40 6.90
Dena Bank 8 years to 10 years Less than Rs. 1cr 6.30 -
Catholic Syrian Bank 3 years Rs. 1 cr and above 6.25 -
J&K Bank 91 days to 180 days Rs. 1 cr to less than Rs. 5 cr 6.25 -
Bank of Baroda Above 3 Years and upto 5 Years Above Rs. 10 cr to Rs 25 cr 6.25 -
Bank of Maharashtra 3 years Mahalaximi Less than Rs. 1 cr 6.25 6.75
United Bank of India 2 years to less than 3 years Less than Rs. 1 cr 6.25 6.75
HDFC Bank 91 days to less than 6 months Less than Rs. 1 cr 6.25 -
Andhra Bank Above 5 years to 10 years Above Rs. 50 cr to less than Rs. 100 cr 6.25 -
Saraswat Co-operative Bank Above 1 year up to 24 months 3 crore and above 6.15 -
Axis Bank 30 months to less than 3 years Rs. 10 cr to less than Rs. 25 cr 6.00 -
Indian Overseas Bank 5 years and above Upto Rs. 1 cr 6.00 -
Standard Chartered Bank 57 days to 59 days Less than Rs. 1 cr 5.50 -
Oriental Bank of Commerce 46 days to 90 days Less than Rs. 1 cr 5.50 -
Syndicate Bank Exact 5 yrs Rs. 5 cr to Less than Rs. 25cr 5.25 -
ICICI Bank 7 days to 14 days Rs. 500 cr and above 5.25 -
HSBC 36 months Less than Rs. 1cr 5.00 -
Canara Bank 2 year and above to less than 3 years Rs. 1 cr and above 4.90 -
UCO Bank 1 years to less than 2 years 25 crs and upto 50 Cr 4.75 -
Vijaya Bank 30 days to 45 days Rs. 50 cr to 75 cr 4.00 -
Zoroastrian Co-operative Bank 1 year to less than 5 years Less than Rs. 1 cr 4.00 -
Punjab National Bank 7 days to 14 days Rs. 1 cr to Rs. 10 cr 4.00 -
Royal Bank of Scotland 5 years Less than Rs. 1 cr 4.00 -
Kotak Bank 15 days to 30 days Less than Rs. 1 cr 4.00 -
Citi Bank 7 days to 10 days Less than Rs. 1 cr 3.00 3.50

Why Bank FD Interest Rate Varies From Bank to Bank?

There are different kind of banks that are available in India, like public sector or nationalized banks, Indian private sector banks, foreign banks and cooperative banks. Each category of banks have different interest rates and every bank have their own set of interest rate and it varies from bank to bank.

Banks are free to set their own interest rates, according to their own asset liability match. Banks therefore will hike deposit interest rates, if they need additional deposits. On the other hand they will reduce the interest rates, when they are not in need. They can also borrow from the RBI.

Why compare bank interest rates?

These days you can book a fixed deposit online, which means you do not have to bother to go to the nearest branch. What this means you can compare bank interest rates and book an FD online that offers the best or the highest interest rates. This makes comparison of interest rates imperative. We have given the below interest rates of all of the banks, which will help to compare interest rates on bank deposits and than invest. We urge readers to take a look before investing.

TDS on Bank Fixed Deposit Interest?

Remember, that Bank FDs attract a TDS, if the interest amount is over Rs 10,000. Therefore, it is imperative that you plan your FDs accordingly. You can submit tax saving form 15g or 15h, if you do not want tax to be deducted by the bank on the interest income of the fixed deposits.

Should you only look at Bank Fixed Deposit interest rates?

Bank deposits are relatively secure, unless you go for the smaller cooperative banks, some of which may not be very secure. So, you would probably only need to compare interest rates. There is no rating that is given to bank deposits, as they are more or less secure deposits. You can opt for both private and public sector banks, though the interest rates on these bank deposits hardly vary between these banks.

Find IFSC

Bank Interest Rates & Calculators
Public Sector / Nationalized Banks
Indian Private Sector Banks
Foreign Banks
Cooperative Banks

Get Latest News alerts from Goodreturns

Get Latest News alerts from Goodreturns

We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more