It’s every Indian investor’s dream to secure their hard-earned money while earning substantial returns. Fixed deposits (FDs) remain the most reliable and preferred method of safe investment in India. If you also want to earn substantial profits by investing your savings in FDs in 2025, this news will be icing on the cake. Many small finance banks, and even major private and public sector banks, have skyrocketed their FD interest rates, with returns for senior citizens exceeding 9%. Let’s explore the record-breaking interest rates of the country’s top 10 banks in detail so you can make a sound investment.
Small Finance Banks Delivering Record-Breaking Returns
Small finance banks are currently offering the most attractive interest rates on FDs, offering investors bumper returns. Unity Small Finance Bank leads the pack, offering record-breaking interest rates of 8.60% for general customers and 9.10% for senior citizens on FDs with a maturity of 100 days. These rates above 9% are among the most attractive in the market. Suryoday Small Finance Bank is also offering impressive returns of 8.40% for general customers and 8.80% for senior citizens on 5-year FDs. Utkarsh Small Finance Bank is also offering unparalleled returns of 8.25% for general customers and 8.75% for senior citizens on 2- to 3-year tenures.
SBI’s Strong Bet and Bumper Returns on Special Term Deposits
The country’s largest bank, State Bank of India (SBI), has also increased its long-term FD rates. SBI is offering its general customers an impressive 8.25% interest rate on FDs with tenures ranging from 3 years and 2 days to less than 5 years. Meanwhile, SBI’s senior citizen customers are receiving an additional 0.50% return on this special term, bringing them up to 8.75%.
In addition to SBI, several other major private banks are also offering impressive returns on special terms. Bandhan Bank is offering bumper returns of 8.00% for general customers and 8.50% for senior citizens on its 600-day special FD. Similarly, DCB Bank is offering solid returns of 8.00% and 8.50% for general and senior citizen customers, respectively, on its 36-month FD.
YES Bank and RBL Bank offer returns above 8%
Among the leading private banks, YES Bank is also not far behind in the race for high interest rates. Yes Bank offers attractive interest rates of 7.75% for general customers on FDs of less than 18 months and up to 36 months, while for senior citizens, this rate jumps to 8.25%.
RBL Bank is also offering lucrative returns of 7.50% for general customers and 8.00% for senior citizens on FDs of 24 months to less than 36 months. IDFC First Bank offers solid interest rates of 7.50% for general customers and 8.00% for senior citizens on FDs ranging from 1 year 1 day to 550 days.
Higher rates for 444-day and other special tenors
Many banks are also luring customers with attractive rates on short- to medium-term FDs. IndusInd Bank is offering interest rates of up to 7.50% and 8.00% for general and senior citizen customers, respectively, on FDs ranging from 2 years 9 months to 3 years 3 months. Similarly, Karur Vysya Bank is offering excellent returns of up to 7.50% for general customers and 8.00% for senior citizens on its 444-day special FD.
Deutsche Bank is offering another unique offer, offering a uniform, attractive rate of 7.75% for both general and senior citizens on FDs above 2 years and up to 3 years.
Investors should be aware that these higher rates are often applied by banks for specific, limited periods. Therefore, it is wise to choose the option that offers the highest interest rate, most suitable for your preferred tenure and needs.