If guaranteed returns are in your short-term or long-term financial goals, a fixed deposit is what you may be looking for. Opting for a fixed deposit is a sure-shot way of creating wealth without the risk of fluctuating interest rates that occur due to changing economic and market conditions.
…and because we have your best ‘interest’ at heart, we have done the research so you can make an informed decision while planning an investment portfolio.
FD Interest Rates of Top Ten Banks in Nov’22:
| Name of Bank | For General Citizens (p.a.) | For Senior Citizens (p.a.) |
| State Bank of India FD | 3.00% to 6.10% | 3.50% to 6.90% |
| HDFC Bank FD | 3.00% to 6.25% | 3.50% to 7.00% |
| ICICI Bank FD | 3.00% to 6.35% | 3.50% to 6.95% |
| IDBI Bank FD | 3.00% to 6.25% | 3.50% to 7.00% |
| Kotak Mahindra Bank FD | 2.75% to 6.50% | 3.25% to 7.00% |
| RBL Bank FD | 3.25% to 7.25% | 3.75% to 7.75% |
| Punjab National Bank FD | 3.50% to 7.00% | 4.00% to 7.50% |
| Canara Bank FD | 3.25% to 7.00% | 3.25% to 7.50% |
| Axis Bank FD | 3.50% to 6.50% | 3.50% to 7.25% |
| Bank of Baroda FD | 3.00% to 5.65% | 3.50% to 6.65% |
| IDFC First Bank FD | 3.50% to 7.25% | 4.00% to 7.75% |
Disclaimer: Fixed deposit rates applicable at the time of this writing. Please check the bank website before booking your FD.
To analyse more FD rates across other banks, open an account, check eligibility and more, just click the link below!