Highest Interest Rate On FD: HDFC, SBI, Axis Bank, ICICI Bank, Canara Bank, Calculate Latest Rates

Recently many banks have revised their rate of interest on Fixed Deposits (FDs). Compare latest interest rate among top lenders in India.

Written by: Anirudha Yerunkar Edited by: Anirudha Yerunkar

Published: August 14, 2024, 2:15 PM IST

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FD Interest Rate: Recently majority of banks have revised their rate of interest which they offer for the fixed deposits. HDFC, SBI, Axis Bank, ICICI Bank, Canara Bank & many other banks offer attractive interest rates on the FD for different tenure.

Recently Bank of Baroda revised its interest rate for senior citizens as well as for general citizens. Bandhan bank also revised its FD interest rates for senior citizens.

Comparison of different FD interest rates among top Banks in India can help you choose the highest interest rate & tenure as per your requirement. The tenure for fixed deposits can range from 7 days to 10 years.

Below are some banks currently offering the highest FD interest rates in India:

State Bank of India FD Interest Rates

7.10% for 400 days – Amrit Kalash

ICICI Bank  Interest Rates

7.20% for 15 months to 2 years

Canara Bank FD Interest Rates

7.25% for 444 days

HDFC Bank  FD Interest Rates

7.25% for 18 months to less than 21 months

Bank of India  FD Interest Rates

 7.20% for 15 months to 2 years

Bank of Baroda (BOB) FD Interest Rates

7.25% for above 2 years to 3 years

Punjab National Bank (PNB) FD Interest Rates

7.25% for 400 days

Axis Bank FD Interest Rates

7.20% for 17 months to less than 18 months

Bandhan Bank FD Interest Rates

8.50 per cent on an FD with a tenure of 21 months for senior citizens. Other customers will earn 8 per cent interest

(Disclaimer: The information provided in this article is for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.)