Best FD interest rates by term
The highest fixed deposit rates we hold for 1, 2, 3 and 5 years, out of 47 banks we cover. For resident individuals, deposits below ₹3 crore, taken from each bank's own published rates. No sign-up and no commission.
✔ Rates checked between 8 Oct 2026 and 30 Oct 2026. Each bank shows its own date.What would your money earn?
Interest on a 1-year FD at three rates. A rough figure: interest added every quarter, before tax.
The highest rates usually come from smaller banks, which carry more risk than the large ones. Deposit insurance covers up to ₹5 lakh per person per bank, interest included, so a higher rate is not free of risk.
Who pays the most
Top 5 banks for each term. A longer bar means a higher rate.
Highest 1-year FD rates, general customers
Highest 2-year FD rates, general customers
Highest 3-year FD rates, general customers
Highest 5-year FD rates, general customers
HDFC Bank vs ICICI Bank vs SBI, Axis and Kotak: FD rates side by side
The five best-known banks, general customers, ₹1 lakh.* Green marks the best of the five for that term. The small print under each rate is how far it is from the middle of all 47 banks.
| Bank | 1 year | 2 years | 3 years | 5 years |
|---|---|---|---|---|
| HDFC Bank | 6.25%-0.05 vs middle | 6.45%-0.10 vs middle | 6.45%-0.05 vs middle | 6.40%+0.05 vs middle |
| ICICI Bank | 6.25%-0.05 vs middle | 6.30%-0.25 vs middle | 6.45%-0.05 vs middle | 6.50%+0.15 vs middle |
| State Bank of India | 6.25%-0.05 vs middle | 6.40%-0.15 vs middle | 6.30%-0.20 vs middle | 6.05%-0.30 vs middle |
| Axis Bank | 6.25%-0.05 vs middle | 6.50%-0.05 vs middle | 6.50%+0.00 vs middle | 6.50%+0.15 vs middle |
| Kotak Mahindra Bank | 6.35%+0.05 vs middle | 6.65%+0.10 vs middle | 6.40%-0.10 vs middle | 6.25%-0.10 vs middle |
* Rates for these banks were checked on 8 Oct 2026. Banks change rates without notice, so confirm with the bank before you book.
Compare any two banks for your own amount and term in the FD calculator; senior citizen rates are there too.
Small finance banks usually pay more. Deposit insurance still covers ₹5 lakh per person per bank, interest included.
Banks pay by exact days, so a 400-day deposit can pay more than a 1-year one. The calculator checks every day count.
Interest is taxed as income. For a 5-year tax-saver FD, see the tax-saver option.
Your amount. Your term. Every bank.
See what each bank would pay you, for free.
Rates change without notice, so confirm with the bank before you book. How we collect and check these rates is on how we work. FinResp is an independent research site; it does not take FD bookings and earns no fee or commission from any bank. This is information, not advice.