Banks with best FD rates: Check top interest rates across banks for 1-5 year tenures

fixed deposit

• Small finance banks offer FD rates up to 8.25 percent per annum.
• Private banks' FD rates now up to 7.85% annually.
• Public sector banks' FD rates are up to 6.60 percent per annum.

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Fixed deposit (FD) rates vary widely across banks, making it important for investors to compare options before investing. While small finance banks are offering higher interest rates, private and public sector banks continue to provide relatively lower returns.

Even a small difference in interest rates can impact your overall earnings, especially for longer tenures. Have a look at the interest rates by different banks before making investment decisions.

Small finance banks

• Jana Small Finance Bank is offering fixed deposit interest rates of up to 8.25 percent per annum, for deposit tenures between 1 year and 5 years.
• ESAF Small Finance Bank is offering fixed deposit interest rates of up to 8.00 percent per annum, for deposit tenures between 1 year and 5 years.
• Shivalik Small Finance Bank is offering fixed deposit interest rates of up to 7.80 percent per annum, for deposit tenures between 1 year and 5 years.
• Utkarsh Small Finance Bank is offering fixed deposit interest rates of up to 7.50 percent per annum, for deposit tenures between 1 year and 5 years.
• Ujjivan Small Finance Bank is offering fixed deposit interest rates of up to 7.45 percent per annum, for deposit tenures between 1 year and 5 years.
• Equitas Small Finance Bank is offering fixed deposit interest rates of up to 7.40 percent per annum, for deposit tenures between 1 year and 5 years.
• AU Small Finance Bank is offering fixed deposit interest rates of up to 7.10 percent per annum, for deposit tenures between 1 year and 5 years.

Here is a list curated on FD rates offered by Small Finance Banks, according to Paisabazaar.com

Private sector banks

• SBM Bank India is offering fixed deposit interest rates of up to 7.85 percent per annum, for deposit tenures between 1 year and 5 years.
• IDFC FIRST Bank is offering fixed deposit interest rates of up to 7.50 percent per annum, for deposit tenures between 1 year and 5 years.
• RBL Bank is offering fixed deposit interest rates of up to 7.20 percent per annum, for deposit tenures between 1 year and 5 years.
• DCB Bank is offering fixed deposit interest rates of up to 7.15 percent per annum, for deposit tenures between 1 year and 5 years.
• IndusInd Bank is offering fixed deposit interest rates of up to 7.00 percent per annum, for deposit tenures between 1 year and 5 years.
• City Union Bank is offering fixed deposit interest rates of up to 7.00 percent per annum, for deposit tenures between 1 year and 5 years.

Here is a list curated on FD rates offered by Private Sector Banks, according to Paisabazaar.com

Public sector banks

• Punjab National Bank is offering fixed deposit interest rates of up to 6.60 percent per annum, for deposit tenures between 1 year and 5 years.
• Canara Bank is offering fixed deposit interest rates of up to 6.60 percent per annum, for deposit tenures between 1 year and 5 years.
• Indian Bank is offering fixed deposit interest rates of up to 6.60 percent per annum, for deposit tenures between 1 year and 5 years.
• Bank of Baroda is offering fixed deposit interest rates of up to 6.45 percent per annum, for deposit tenures between 1 year and 5 years.
• State Bank of India is offering fixed deposit interest rates of up to 6.40 percent per annum, for deposit tenures between 1 year and 5 years.
• Union Bank of India is offering fixed deposit interest rates of up to 6.60 percent per annum, for deposit tenures between 1 year and 5 years.

Here is a list curated on FD rates offered by Public Sector Bank, according to Paisabazaar.com

Foreign banks

• Deutsche Bank is offering fixed deposit interest rates of up to 7.00 percent per annum, for deposit tenures between 1 year and 5 years.
• Standard Chartered Bank is offering fixed deposit interest rates of up to 6.60 percent per annum, for deposit tenures between 1 year and 5 years.
• HSBC Bank is offering fixed deposit interest rates of up to 5.50 percent per annum, for deposit tenures between 1 year and 5 years.

Here is a list curated on FD rates offered by Foreign Banks, according to Paisabazaar.com