Bank FD Rates 2026: While SIPs and stock market investments have become increasingly popular, many conservative investors who prefer safety and guaranteed returns still consider fixed deposits (FDs) to be one of the most reliable investment options. FDs remain the preferred choice among these investors, especially those who seek stability over volatility.

Several major Indian lenders, from SBI to HDFC Bank, have revised their fixed deposit interest rates for various periods. These changes follow the central bank’s repo rate cut, making loans cheaper for commercial banks across the country. Let’s find out which banks are offering the highest interest rates on fixed deposits.

Which bank is offering the highest interest on FD?

SBI offers a 6.25% return on FDs ranging from one year to less than two years. 6.40% returns are available on FDs ranging from two years to less than three years. For senior citizens, SBI has set a 6.75% return on FDs between one and two years and a 6.90% return on FDs ranging from two to less than three years.

HDFC offers a 6.25% interest rate on FDs with a tenure of 1 year to 15 months and a 6.35% interest rate for FDs with a tenure of 15 months to less than 18 months. Interest rates for two years are 6.45%. Senior citizens can earn 6.75% on FDs with a tenure of one year. They are offered 6.95% for two years. Axis Bank, This bank offers interest rates of 6.25% for one-year and 6.45% for two-year FDs. For senior citizens, the bank offers 6.75% interest on one-year and 6.95% interest on two-year FDs.

Canara Bank offers 5.9% interest on FDs with maturity periods of 1 year to 15 months. For senior citizens, the interest rate is 6.40% for the same period. ICICI Bank offers 6.25% interest on FDs with maturity periods of less than 1 year to 18 months and 6.6% for 2 years and 1 day to 5 years. For senior citizens, it’s 6.75% for 1 year to less than 18 months and 7.2% for 2 years and 1 day to 5 years. Axis Bank offers interest rates of 6.25% for one-year and 6.45% for two-year FDs. For senior citizens, the bank offers 6.75% interest on one-year and 6.95% interest on two-year FDs.

Meanwhile Bank of Baroda offers 6.25% interest on FDs with a maturity period of one year and 6.50% on FDs with maturity periods of more than two years and up to three years. Senior citizens will receive 6.75% and 7% interest for these time periods. Kotak Mahindra Bank offers a 6.25% interest rate on FDs with maturities ranging from 365 days to 389 days. Senior citizens are eligible for 6.75% for the same period. FDs with maturities of two to less than three years are offered at 6.4% and 6.90% for senior citizens.