Best FD Rates 2026: The Reserve Bank of India has once again kept the repo rate unchanged. Since interest rates have not risen, banks have maintained existing interest rates on Fixed Deposits (FDs). Moreover, if you are currently looking for a secure investment avenue, FDs remain an excellent, hassle-free option.
If you are considering opening an FD, you can do so with Small Finance Banks. This allows you to start an investment that yields attractive interest returns. You can find relevant details below, including specific interest rates currently offered on FDs.
Current Interest Rates on Fixed Deposits
Currently, Utkarsh Small Finance Bank is offering the highest returns on Fixed Deposits. The bank offers a record interest rate of 8.10% on a special FD tenure of 666 days. For other tenures, the bank offers 6.00% for 1 year, 7.50% for 3 years, 7.00% for 5 years, and 6.75% for a long-term FD of 10 years.
Suryoday Small Finance Bank is also offering 8.10% interest on FDs with a tenure of 30 months. The bank offers 7.25% interest on 1-year and 3-year FDs, 7.90% on 5-year FDs, and 7.25% on 10-year FDs.
Shivalik Small Finance Bank is offering its customers a strong interest rate of 7.80% on a special short-term FD scheme with a tenure of 21 to 22 months. Additionally, if you open a 1-year FD with this bank, you can earn 6.00% interest; for a 3-year tenure, the rate is 6.75%; and for long-term FDs of 5 and 10 years, the rate is 6.25%.
Jana Small Finance Bank is also among the banks offering excellent returns on FDs. The bank offers its customers an interest rate of 7.77% on fixed deposits with tenures ranging from 3 to 5 years. If you prefer shorter or longer tenures, the bank offers 7.00% interest on a 1-year FD, 7.50% on a 3-year FD, and 6.50% on a long-term 10-year FD.
Earn substantial interest on FDs here as well.
ESAF Small Finance Bank offers an impressive interest rate of 7.75% on medium-term FDs (2 to 3 years). Interest rates are 4.75% for a 1-year FD, 6.00% for a 3-year tenure, and 5.75% for 5-year and 10-year fixed deposits.
To attract customers, Slice Small Finance Bank is offering 7.75% interest on an FD with a unique tenure of 18 months and 2 days. Furthermore, investors can earn 6.25% annual interest on a 1-year FD, 7.50% on a 3-year FD, 7.00% on a 5-year FD, and 6.50% on a 10-year FD.