FD Rates: If you’re on the lookout for a secure investment, a fixed deposit (FD) is still a go-to option. With an FD, you put your money away for a set time and earn a guaranteed interest rate. That’s why, whenever interest rates shift, folks quickly start checking which bank has the best deals.

As of the end of November 2025, FD interest rates at scheduled banks in India vary from about 2.50% to 8.60%. Small finance banks and NBFCs usually provide the highest rates, while bigger private and PSU banks tend to offer slightly lower ones. FD tenures can be anywhere from 7 days to 10 years, and the interest rates are set accordingly.

SBI FD Interest Rates

The largest bank in the country, State Bank of India (SBI), has interest rates that range from 3.05% to 6.60% for regular customers. Senior citizens get an extra 0.50%, bringing their rates up to 7.10%. For one-year FDs, general customers earn 6.25% interest, while senior citizens earn 6.75%.

Bank of Baroda (BoB)

For general individuals, Bank of Baroda’s FD interest rates range from 3.50% to 6.60%. Senior citizens can enjoy rates from 4.00% to 7.10%. On tax-saver FDs (5–10 years), the bank offers 6.00–6.40% for general customers and 7.00% for senior citizens.

HDFC Bank FD Rates

HDFC Bank’s FD rates range from 2.75% to 6.60%. Senior citizens can earn between 3.25% and 7.10%. FDs are available for tenures from 7 days to 10 years.

PNB FD Rates

Punjab National Bank provides interest rates from 3.00% to 6.60% for general customers. Senior citizens can earn between 3.50% and 7.10%. PNB’s tax-saving FDs offer rates from 5.85–6.25% for general individuals and 6.35–6.75% for senior citizens.

Axis Bank FD Rates

Axis Bank has interest rates ranging from 3.00% to 6.60% for general customers. Senior citizens can earn up to 7.35%. For FDs maturing in 1 year to 1 year and 10 days, general customers earn 6.25%, while senior citizens earn 6.75%.

Who will benefit more?

If you’re looking for the highest returns, consider small finance banks and NBFCs, as they offer higher interest rates than larger banks. However, for safety, people often choose larger banks like SBI, HDFC, and PNB