FD Interest Rates: SBI, HDFC, and ICICI Bank have released their latest interest rates on FDs ranging from 7 days to 10 years. Find out where general customers and senior citizens are getting the best returns and which tenure offers the best opportunities.
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FD Interest Rates: Fixed deposits (FDs) are a straightforward and safe investment option for those who want fixed and stable returns without taking on significant risk. FDs typically offer higher interest rates than savings accounts. You deposit a fixed amount in a bank for a fixed period and earn a pre-determined interest rate. The term can range from 7 days to 10 years. Upon maturity, you can withdraw the money or convert it into a new FD.
FDs are especially useful when saving for a goal, such as your child’s education, marriage, or buying a home. Many banks also offer a feature where a fixed amount is automatically deducted from your account each month and deposited into an FD.
It’s important to compare interest rates across different banks before investing. Generally, mid-term FDs (1 to 3-year FDs) offer higher interest rates. Senior citizens (those above 60 years of age) receive higher interest rates than regular customers. Now let us see the latest FD rates of the big banks of the country.
State Bank of India (SBI)
At SBI, the country’s largest public sector bank, general customers receive 6.45% interest, while senior citizens receive 6.95% interest on FDs with tenures of less than 2 years and less than 3 years. Senior citizens receive 7.05% interest, while general customers receive 6.05% interest on FDs with tenures of 5 to 10 years. The rates are effective from July 15, 2025.
| Duration | General customers |
Senior Citizen
|
| 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% | 6.95% |
| 3 years to less than 5 years | 6.30% | 6.80% |
| 5 years to 10 years | 6.05% | 7.05% |
HDFC Bank
The country’s largest private lender, HDFC Bank, is offering a maximum interest rate of 6.95% for senior citizens and 6.45% for general customers on FDs with tenures of less than 18 months and less than 3 years. For FDs with tenures of 5 to 10 years, general customers are offered 6.15% and senior citizens are offered 6.65%. The rates are effective from December 17, 2025.
| Duration | General customers |
Senior Citizen
|
| 7 to 45 days | 2.75% | 3.25% |
| 46 to 90 days | 4.00% | 4.50% |
| 91 to 184 days | 4.50% | 5.00% |
| 185 days to less than 1 year | 5.50% | 6.00% |
| 1 year to less than 18 months | 6.25% | 6.75% |
| 18 months to 2 years | 6.30% | 6.80% |
| 2 years 1 day to 3 years | 6.45% | 6.95% |
| 3 years 1 day to 5 years | 6.50% | 7.10% |
| 5 years 1 day to 10 years | 6.50% | 7.00% |
| 5 Years (Tax Saver FD) | 6.50% | 7.10% |
ICICI Bank
ICICI Bank offers a maximum interest rate of 7.10% for senior citizens on FDs with 3- to 5-year and 5-year tax-saving FDs. For general customers, the maximum interest rate is 6.50% for FDs with 3- to 10-year maturity periods. The rates are effective from March 3, 2026.
| Duration | General customers |
Senior Citizen
|
| 7 to 45 days | 2.75% | 3.25% |
| 46 to 90 days | 4.00% | 4.50% |
| 91 to 184 days | 4.50% | 5.00% |
| 185 days to less than 1 year | 5.50% | 6.00% |
| 1 year to less than 18 months | 6.25% | 6.75% |
| 18 months to 2 years | 6.30% | 6.80% |
| 2 years 1 day to 3 years | 6.45% | 6.95% |
| 3 years 1 day to 5 years | 6.50% | 7.10% |
| 5 years 1 day to 10 years | 6.50% | 7.00% |
| 5 Years (Tax Saver FD) | 6.50% | 7.10% |
Yes Bank
Private-sector Yes Bank offers senior citizens a maximum interest rate of 7.75% on FDs with maturities of more than 3 years and up to 5 years. This is the highest rate among the major banks listed in this article. For general customers, the bank offers a maximum interest rate of 7.00% on FDs with maturities of 1.5 years to more than 5 years. These rates are effective from December 1, 2025.
| Duration | General customers |
Senior Citizen
|
| 7 days to 14 days | 3.25% | 3.75% |
| 15 days to 45 days | 3.50% | 4.00% |
| 46 days to 90 days | 4.50% | 5.00% |
| 91 days to 120 days | 4.75% | 5.25% |
| 121 days to 180 days | 4.75% | 5.25% |
| 181 days to 271 days | 6.00% | 6.50% |
| 272 days to 335 days | 6.25% | 6.75% |
| 336 days to less than 12 months | 6.50% | 7.00% |
| 12 months | 6.65% | 7.15% |
| 12 months 1 day to less than 18 months | 6.75% | 7.25% |
| 18 months | 6.75% | 7.25% |
| 18 months 1 day to less than 24 months | 7.00% | 7.50% |
| 24 months to less than 36 months | 7.00% | 7.50% |
| 36 months to less than 60 months | 7.00% | 7.75% |
| 60 months | 6.75% | 7.50% |
| 60 months 1 day to 120 months | 6.75% | 7.50% |
Overall, when investing in an FD, it’s not enough to simply look for the highest interest rate. It’s more prudent to consider your needs, investment horizon, and liquidity before making a decision.
Disclaimer: All interest rates are as per the information provided on the official websites of the respective banks.
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