Fixed deposits remain one of the most preferred savings options in India, especially for investors who value stability over market-linked volatility. With interest rates changing across banks, choosing the right institution can make a meaningful difference to your returns and overall financial security.
To help you compare confidently, we’ve analysed the top banks for fixed deposits, offering FD rates, reliable safety, and flexible tenure options for 2026. Whether you’re a conservative saver or planning long-term goals, this list will guide you toward the best fixed deposit banks in India today.
Fixed Deposit Interest Rates of 5 Leading Banks in India
Here’s a list of the top banks for fixed deposits in India:
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State Bank of India
When it comes to finding safe banks for FD investments, SBI generally tops the list. As of 18 November 2025, the highest FD interest rate for regular depositors is 6.45% for the 2–3 year tenure, while senior citizens can earn up to 7.05% for 5–10 year deposits.
The current FD interest rate applicable on domestic term deposits below 3 Crore are listed below:
| Tenure | Regular Interest Rate (p.a.) | Senior Citizen Interest Rates (p.a.) |
|---|---|---|
| 7 days to 45 days | 3.05% | 3.55% |
| 46 days to 179 days | 4.90% | 5.40% |
| 180 days to 210 days | 5.65% | 6.15% |
| 211 days to less than 1 year | 5.90% | 6.40% |
| 1 year to less than 2 years | 6.25% | 6.75% |
| 2 years to less than 3 years | 6.45% (highest) | 6.95% |
| 3 years to less than 5 years | 6.30% | 6.80% |
| 5 years and up to 10 years | 6.05% | 7.05%* (highest) |
*Includes the additional 50 bps applicable under the SBI We-Care deposit scheme.
Note: Rates valid as of 18 Nov 2025 and may change. Please check the latest rates before investing.
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HDFC Bank
HDFC is yet another top bank for fixed deposits, offering a range of FD options including domestic deposits, NRO/NRE FDs, and 5-year tax-saver FDs. As of 18th November 2025, the highest FD rate offered is 6.60% p.a. for regular depositors and 7.10% p.a. for senior citizens.
The current FD interest rates applicable on deposits of less than 3 Crore are listed below:
| Tenure | Regular Interest Rate (p.a.) | Senior Citizen Interest Rate (p.a.) |
|---|---|---|
| 7 – 14 days | 2.75% | 3.25% |
| 15 – 29 days | 2.75% | 3.25% |
| 30 – 45 days | 3.25% | 3.75% |
| 46 – 60 days | 4.25% | 4.75% |
| 61 – 89 days | 4.25% | 4.75% |
| 90 days ≤ 6 months | 4.25% | 4.75% |
| 6 months 1 day ≤ 9 months | 5.50% | 6.00% |
| 9 months 1 day to < 1 year | 5.75% | 6.25% |
| 1 year to < 15 months | 6.25% | 6.75% |
| 15 months to < 18 months | 6.35% | 6.85% |
| 18 months to < 21 months | 6.60% (Highest) | 7.10% (Highest) |
| 21 months – 2 years | 6.45% | 6.95% |
| 2 years 1 day to < 2 years 11 months | 6.45% | 6.95% |
| 2 years 11 months – 35 months | 6.45% | 6.95% |
| 2 years 11 months 1 day ≤ 3 years | 6.45% | 6.95% |
| 3 years 1 day to < 4 years 7 months | 6.40% | 6.90% |
| 4 years 7 months – 55 months | 6.40% | 6.90% |
| 4 years 7 months 1 day ≤ 5 years | 6.40% | 6.90% |
| 5 years 1 day – 10 years | 6.15% | 6.65% |
Note: Rates valid as of 18 Nov 2025 and may change. Please check the latest rates before investing.
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ICICI Bank
ICICI Bank is considered one of the best fixed deposit banks in India offering a balance of capital safety and high returns. As of 18th November 2025, regular depositors can earn up to 6.60% p.a., while senior citizens can earn up to 7.10% p.a. on deposits of less than 3 Crore.
The table below sums up the FD interest rate applicable for different tenures:
| Tenure | Regular Interest Rates (p.a.) | Senior Citizen Interest Rates (p.a.) |
|---|---|---|
| 7 to 45 Days | 2.75% | 3.25% |
| 46 to 90 Days | 4% | 4.5% |
| 91 to 184 Days | 4.5% | 5% |
| 185 Days to < 1 Year | 5.5% | 6% |
| 1 Year to < 18 Months | 6.25% | 6.75% |
| 18 Months to 2 Years | 6.4% | 6.9% |
| 2 Years 1 Day to 10 Years | 6.6% (Highest) | 7.1% (Highest) |
| 5 Years (Tax Saver FD) | 6.6% (Highest) | 7.1% (Highest) |
Note: Rates valid as of 18 Nov 2025 and may change. Please check the latest rates before investing.
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Bank of Baroda
Bank of Baroda is a leading public sector bank in India that’s preferred by risk-averse investors looking for fixed deposit schemes for long-term savings. Currently, Bank of Baroda’s highest FD interest rates stand at 6.60% p.a. for regular depositors and 7.10% for senior citizens for the 444 days FD scheme.
All current FD rates are outlined below:
| Tenure | Residents / General Public | Resident Indian Sr. Citizen | Resident Super Senior Citizen |
|---|---|---|---|
| 7 days to 14 days | 3.50% | 4.00% | 4.00% |
| 15 days to 45 days | 3.50% | 4.00% | 4.00% |
| 46 days to 90 days | 5.00% | 5.50% | 5.50% |
| 91 days to 180 days | 5.00% | 5.50% | 5.50% |
| 181 days to 210 days | 5.50% | 6.00% | 6.00% |
| 211 days to 270 days | 5.75% | 6.25% | 6.25% |
| 271 days to < 1 year | 6.00% | 6.50% | 6.50% |
| 1 year | 6.25% | 6.75% | 6.75% |
| Above 1 year to 400 days | 6.50% | 7.00% | 7.10% |
| Above 400 days to 2 years (excl. 444 days) | 6.50% | 7.00% | 7.10% |
| Above 2 years to 3 years | 6.50% | 7.00% | 7.10% |
| Above 3 years to 5 years | 6.40% | 7.00% | 7.10% |
| Above 5 years to 10 years | 6.00% | 7.00% | 7.00% |
| Above 10 years (MACAD only) | 5.50% | 6.00% | 6.00% |
| BoB Square Drive Deposit (444 days) | 6.60% (Highest) | 7.10% (Highest) | 7.20% (Highest) |
Note: Rates valid as of 18 Nov 2025 and may change. Please check the latest rates before investing.
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Suryoday Small Finance Bank
Suryoday Small Finance Bank is one of the top banks for fixed deposits in India is you want higher returns. Currently, Suryoday Small Finance Bank offers the highest FD interest rates on 5-year FDs. Regular citizens can earn up to 8.05% p.a., while senior citizens earn up to 8.10% p.a.
The latest FD interest rates for Suryoday Small Finance Bank are listed below:
| Tenure | Interest Rate (p.a.) | Senior Citizen Rate (p.a.) |
|---|---|---|
| 7 Days to 14 Days | 4.00% | 4.20% |
| 15 Days to 45 Days | 4.25% | 4.45% |
| 46 Days to 90 Days | 4.50% | 4.70% |
| 91 Days to 6 Months | 5.00% | 5.20% |
| 6 Month 1 Day | 6.75% | 6.95% |
| Above 6 Month 1 Day to 9 Months | 5.50% | 5.70% |
| Above 9 Months to < 1 Year | 6.00% | 6.20% |
| 1 Year | 7.40% | 7.60% |
| Above 1 Year to 15 Months | 7.25% | 7.45% |
| Above 15 Months to 18 Months | 7.25% | 7.45% |
| Above 18 Months to 2 Years | 7.25% | 7.45% |
| Above 2 Years to 30 Months | 7.25% | 7.45% |
| Above 30 Months to 36 Months | 7.25% | 7.45% |
| Above 3 Years to < 5 Years | 6.75% | 6.95% |
| 5 Years | 8.05% (Highest) | 8.10% (Highest) |
| Above 5 Years to 10 Years | 7.25% | 7.45% |
Note: Rates valid as of 18 Nov 2025 and may change. Please check the latest rates before investing.
Fixed Deposit Interest Comparison in India
The following table shows you the fixed deposit interest comparison in detail:
| Bank | Regular interest rate | Senior Citizen rate |
| SBI | 3.05% – 6.45% | 3.55% – 7.05% |
| HDFC Bank | 2.75% – 6.60% | 3.25% – 7.10% |
| ICICI Bank | 2.75% – 6.60% | 3.25% – 7.10% |
| Bank of Baroda | 3.50% – 6.60% | 4.00% – 7.10% |
| Suryoday Small Finance Bank | 4.00% – 8.05% (Highest) | 4.20% – 8.10% (Highest) |
Note: Rates valid as of 18 Nov 2025 and may change. Please check the latest rates before investing.
How to Get the Highest FD Returns in 2026?
By investing in the top banks for fixed deposits, you can earn up to 8.05% p.a. (8.10% if you’re above 60 years) on your investment. You can choose from different investment tenures and FD schemes to match your goals and time horizon.
Head to GoldenPi if your goal is to secure the highest FD returns in 2026. Here, you’ll find top banks and NBFCs like Suryoday Small Finance Bank and Shriram Finance to earn FD earning at up to 8.15% p.a.
FAQs on Top 5 Banks for Fixed Deposits
How to choose the best bank for FD?
You can compare the FD interest rates to find the highest FD interest rates in 2026. Apart from that, you can also review the tenure and premature withdrawal rules needs to find a bank FD that suits your goals.
Are small finance banks safe banks for FD investment?
Yes, small finance banks are regulated by the RBI and offer DICGC insurance up to ₹5 lakh per depositor. This makes them safe banks for FD investments.
Since small finance banks typically offer higher rates, investing in their FDs may mean better interest earning potential.
Which bank offers the highest FD returns currently?
As of 18th November 2025, the Suryoday Small Finance Bank offers the highest FD returns of 8.05% p.a. and 8.10% p.a. for regular citizens and seniors, respectively.
What are the top private sector banks for fixed deposits?
HDFC Bank, ICICI Bank and Axis Bank are among the leading private sector banks for FDs. These banks are considered the best fixed deposit banks in India because of their stellar reputation, strong credit profiles, and multiple tenure and scheme options.
Disclaimer:
This information is for general information purposes only. GoldenPi makes no guarantee on the accuracy of the data provided here; the information displayed is subject to change and is provided on an as-is basis. Nothing contained herein is intended to or shall be deemed to be investment advice, implied or otherwise. Investments in the securities market are subject to market risks. Read all the offer-related documents carefully before investing.
Fixed Deposit schemes are regulated by the Reserve Bank of India. GoldenPi Securities Private Limited is a registered debt broker and acts as a distributor and not as a manufacturer of the product.
