Fixed deposits (FDs) remain the most popular and safest investment option for millions of Indians. Many banks are offering high interest rates on FDs for both general and senior citizen investors. Some banks are offering interest rates as high as 8 percent, guaranteeing excellent returns in the current market. Here are the full details of 10 major banks currently offering the highest FD interest rates.
Jana Small Finance Bank
This bank is offering a robust interest rate of 8 percent for a five-year term. These rates are effective from December 2, 2025.
Suryoday Small Finance Bank
This bank is also offering an attractive interest rate of 8 percent for both general and senior citizens on a five-year fixed deposit. These rates are effective from December 3, 2025.
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Slice Small Finance Bank
Slice Small Finance Bank is offering a rate of 7.75 percent for both general and senior citizens on FDs with a tenure of 18 months, making it an excellent option for medium-term investors.
Dhanlaxmi Bank
This bank is offering a rate of 7.45 percent for senior citizens for 12 months. The bank revised its FD rates on November 28, 2025.
Equitas Small Finance Bank
Equitas offers an interest rate of 7.30 percent for a special tenure of 888 days. These rates are effective from November 3, 2025.
ICICI Bank
ICICI Bank offers an interest rate of 6.6 percent for general depositors and 7.2 percent for senior depositors on two-year and five-year FDs. These rates are effective from December 4, 2025.
Union Bank of India
Union Bank of India offers 6.60 percent interest to general citizens on three-year term deposits. These rates are effective from August 20, 2025.
State Bank of India (SBI)
SBI offers 6.45 percent interest to general citizens and 6.95 percent interest to senior citizens on two-year FDs. For tenures up to 5 years and 10 years, the rates are 6.05 percent for general citizens and 7.05 percent for senior citizens. The revised rates are effective from July 15, 2025.
HDFC Bank
HDFC Bank offers 6.60 percent interest to general citizens and 7.10 percent interest to senior citizens on eighteen-month deposits. These rates are effective from June 25, 2025.
Bank of Baroda
Bank of Baroda offers 6.50 percent interest on three-year fixed deposits for general citizens and 7 percent for senior citizens.
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