FD Interest Rates March 2026: When it comes to safe investments, fixed deposits are a must-mention. This is crucial information for anyone considering FDs in March 2026. Major banks such as HDFC, ICICI, and Axis Bank have updated their interest rates. If your goal is to secure your funds while earning guaranteed returns, now is the perfect time to strategize your FD.
We will provide you with the complete list of the latest FD rates for March 2026, along with details on which bank offers the highest returns…
HDFC Bank
HDFC Bank has adjusted its interest rates as of March 6. The bank provides FDs with terms ranging from 7 days to 10 years.
9 months 1 day to less than 1 year: 5.75% interest
2 years 11 months 1 day to 3 years: 6.45% interest
4 years 7 months 1 day to 5 years: 6.40% interest
5 years 1 day to 10 years: 6.15% interest
New rates from Yes Bank and Bandhan Bank
Yes Bank: According to the new rates effective from March 5, 6.65% interest is offered on 1 year FDs, and 7% interest is available on 3 year FDs.
Bandhan Bank: This bank is providing an annual interest rate of 7.25% on FDs with a tenure of 2 years to less than 3 years.
Suryoday Small Finance Bank: Here, you can secure the highest interest rate of 7.90%.
If you are in search of the best returns, Suryoday Small Finance Bank takes the lead. These rates are effective from March 6.
1 year FD: 7.25% interest
5-year FD (highest): 7.90% annual interest.
Special Scheme from Bank of India (BOI)
Bank of India has also updated its rates in March.
1 year FD: 6.25% interest
Star Swarnim FD (450 days): This is a unique scheme from the bank, offering the highest interest rate of 6.60%.
Latest rates from ICICI and Axis Bank
Both banks have rolled out their new rates starting March 10.
Axis Bank: Offering 6.25% interest on FDs maturing in 1 year to 1 year 10 days.
ICICI Bank: Interest is provided at a rate of 6.25% on FDs with terms of less than 1 year to 18 months.
All these rates are for regular citizens. Banks typically offer slightly higher interest rates to senior citizens. Meanwhile, State Bank of India (SBI) and Bank of Maharashtra have not made any changes to their rates; their old rates will remain in effect.
