Guaranteed Wealth Growth
Fixed Deposit Interest Rates
Lock in high guaranteed returns. Compare current Fixed Deposit (FD) rates across public sector, private sector, and Small Finance Banks online.
Guaranteed Returns
Fulfill savings goals with fixed interest margins that stay completely unaffected by stock market drops.
DICGC Insurance Cover
Deposits are insured up to ₹5 Lakhs per bank (including principal & interest) under RBI's DICGC policy.
Flexible Tenures
Choose deposit tenures ranging from 7 days up to 10 years matching your exact financial requirements.
Interest Rate Comparison
FD Interest Rates Across Banks
Review the approximate interest rates offered by top banking institutes for deposits under ₹2 Crores:
| Bank Category | Top Regular FD Rate | Senior Citizen FD Rate | Best Safe Tenure |
|---|---|---|---|
| State Bank of India (SBI) | 6.80% - 7.10% | 7.30% - 7.60% | 1 Year - 400 Days |
| HDFC Bank / ICICI Bank | 7.10% - 7.25% | 7.60% - 7.75% | 15 Months - 18 Months |
| IDFC First Bank / IndusInd Bank | 7.75% - 8.00% | 8.25% - 8.50% | 1 Year - 2 Years |
| Small Finance Banks (SFBs) | 8.25% - 8.60% | 8.75% - 9.10% | 500 Days - 3 Years |
FAQs
Fixed Deposit Interest Rates FAQs
Find immediate answers regarding Fixed Deposit interest rates.
What is a Fixed Deposit (FD)?
A Fixed Deposit (FD) is a secure investment instrument offered by banks and Non-Banking Financial Companies (NBFCs). You lock in a lump-sum amount of money for a specific maturity period at a guaranteed interest rate that does not change until maturity.
Are deposits in Small Finance Banks safe?
Yes. Small Finance Banks are fully regulated by the Reserve Bank of India (RBI). Under the Deposit Insurance and Credit Guarantee Corporation (DICGC) Act, deposits up to ₹5 Lakhs (inclusive of principal and accrued interest) per depositor are 100% insured, matching the safety level of large commercial banks.
How does TDS work on Fixed Deposits?
If the total interest earned across all your FDs in a bank exceeds ₹40,000 in a financial year (or ₹50,000 for senior citizens), the bank will deduct 10% TDS (Tax Deducted at Source) automatically. If your net income is below the taxable threshold, you can submit Form 15G or 15H to prevent this TDS deduction.
