India Markets open in 49 mins

Fixed Deposit: Private Banks That Are Offering Highest Interest Rates

Team BankBazaar


Fixed deposit remains a popular investment choice for many Indians as it offer assured returns with capital safety. You can open an FD account with the public, private, small finance as well as foreign banks. Take a look at interest rates offered by top private banks in India.

Bank <1 Year >=1 to <=2 2 to <=3 3 to <=5
Axis Bank 6.45 6.5 6.5 6.5
Bandhan Bank 6.8 7.4 7.35 7.35
Catholic Syrian 6 6.5 6.25 6.25
City Union Bank 6.25 6.6 6.35 6.35
DCB Bank 6.85 7.6 7.7 7.5
Dhanlaxmi Bank 6.5 6.9 6.5 6.5
Federal Bank 6.5 6.7 6.6 6.6
HDFC Bank 6.05 6.3 6.4 6.3
ICICI Bank 6 6.3 6.4 6.4
IDFC First Bank 7 7.5 7.25 7.25
IndusInd Bank 6.25 6.75 6.75 6.75
J & K Bank 6 6.35 6.35 6.35
Karnataka Bank 6.25 6.6 6.5 6.5
Kotak Bank 6.05 6.3 6.25 6.2
KVB 6.15 6.45 6.45 6.75
LVB 7.35 7.8 7.6 7.5
RBL Bank 6.65 7.5 7.5 7.4
South Indian Bank
6.35 6.9 6.6 6.6
Tamilnad Mercantile Bank Limited 6.8 6.8 6.9 6.75
TNSC Bank 6.75 7.3 6.75 6.75
Yes Bank 7.15 7.5 7.5 7.25

Data taken from respective bank’s website as on 07 Jan 2020. For each year range, maximum offered interest rate is considered; Interest Rate for normal fixed deposit amount below Rs 1 Cr. Compiled by BankBazaar.com, a neutral online marketplace for loans and credit cards.