Best FD interest rates in India: Check fixed deposit returns of DCB Bank, RBL Bank, YES Bank and more
Interest rates on fixed deposits differ significantly among banks. Investors should consider factors such as bank reputation and financial goals when choosing deposit options with varying maturities.
Bank fixed deposits (FDs) remain a preferred investment option for investors seeking stable and predictable returns. They are particularly popular among senior citizens and conservative investors.
A comparison of fixed deposit rates for deposits up to ₹1 crore shows significant differences across banks. The data is based on rates available on 3 August 2026. It covers 5 maturity buckets, ranging from 6 months to over 5 years.
Best FD rates
DCB Bank offers the highest rates in several categories. Six-month deposits earn 6-6.50%. Then, 1- to 2-year deposits offer 6.90-7%. And, 2- to 3-year deposits provide 6.90-7.50%; 3- to 5-year deposits earn 7-7.10%. Deposits above 5 years offer 7-7.50%.
Jammu & Kashmir Bank offers 5.50-6% for short-term deposits. Then, 1- to 2-year deposits earn 6.55-6.60%. And, 2- to 3-year deposits provide 6.75-7.05%; 3- to 5-year deposits offer 6.80%. Deposits with maturities of more than 5 years earn 6.85%.
YES Bank offers 4.75-6.50% for 6-month deposits. Then, 1- to 2-year deposits offer 6.65%-7.25%. And, 2- to 3-year deposits earn 6.90-7%; 3- to 5-year deposits offer 7%. Deposits above 5 years pay 6.75%.
RBL Bank provides 4.75-6.05% for short-term deposits. And, 1- to 2-year deposits earn 7-7.20%. Then, 2- to 3-year deposits offer 7.20%; 3- to 5-year deposits offer 7% to 7.20%. Deposits with maturities of more than 5 years earn 6.70%.
Tamilnad Mercantile Bank offers 6.30-6.50% for 6-month deposits. Then, 1- to 2-year deposits offer 6.60%-7.25%. And, 2- to 3-year deposits earn 7%; 3- to 5-year deposits offer 6.70%. Deposits above 5 years pay 6.70%.
IndusInd Bank offers 5.75-6.25% for short-term deposits. Then, 1- to 2-year deposits earn 6.75-6.90%. And, 2- to 3-year deposits provide 7%; 3- to 5-year deposits offer 6.65-7%. Deposits with maturities of 5 years or more earn 6.50-6.65%.
Dhanlaxmi Bank provides 5.25-7% for 6-month deposits. Then, 1- to 2-year deposits offer 6.25-7.10%. And, 2- to 3-year deposits earn 6.25-6.50%; 3- to 5-year deposits provide 6.50-7.25%. Deposits with maturities of more than 5 years offer 6.50-6.60%.
Axis Bank offers 5.50-5.75% for short-term deposits. Then, 1- to 2-year deposits earn 6.25-6.50%. And, 2- to 3-year deposits provide 6.50%; 3- to 5-year deposits offer 6.50%. Deposits with maturities of more than 5 years also earn 6.50%.
ICICI Bank provides 4.50-5.50% for 6-month deposits. And, 1- to 2-year deposits earn 6.25-6.30%. Then, 2- to 3-year deposits offer 6.30-6.45%, and 3- to 5-year deposits offer 6.45-6.50%. Deposits with maturities of more than 5 years earn 6.50%.
Federal Bank offers 4.50-6% for short-term deposits. Then, 1- to 2-year deposits earn 6.25-6.60%. And, 2- to 3-year deposits provide 6.40%; 3- to 5-year deposits offer 6.40-6.70%. Deposits with maturities of more than 5 years earn 6.40%.
Karur Vysya Bank provides 6-7% for 6-month deposits. And, 1- to 2-year deposits earn 6.55-7.20%. Then, 2- to 3-year deposits offer 6.55%; 3- to 5-year deposits offer 6.55%. Deposits with maturities of more than 5 years earn 6.25-6.55%.
Kotak Mahindra Bank offers 5-6% for short-term deposits. Then, 1- to 2-year deposits earn 6.35-6.55%. And, 2- to 3-year deposits offer 6.80%; 3- to 5-year deposits offer 6.40%. Deposits with maturities of more than 5 years earn 6.25%.
Canara Bank provides 5.25-5.50% for 6-month deposits. And, 1- to 2-year deposits earn 6.25-6.60%. Then, 2- to 3-year deposits offer 6.25%; 3- to 5-year deposits offer 6.25%. Deposits with maturities of more than 5 years earn 6.25%.
City Union Bank offers 5.75-6.25% for short-term deposits. And, 1- to 2-year deposits earn 6.65-7.25%. Then, 2- to 3-year deposits provide 6.50%; 3- to 5-year deposits offer 6.25-6.50%. Deposits with maturities of more than 5 years earn 6.25%.
HDFC Bank provides 4.25-5.75% for 6-month deposits. And, 1- to 2-year deposits earn 6.25-6.45%. Then, 2- to 3-year deposits offer 6.45%; 3- to 5-year deposits offer 6.40-6.50%. Deposits with maturities of more than 5 years earn 6.15-6.40%.
Indian Overseas Bank offers 4.50-5.50% for short-term deposits. Then, 1- to 2-year deposits earn 6.40-6.60%. And, 2- to 3-year deposits offer 6.40%; 3- to 5-year deposits offer 6.10%. Deposits with maturities of more than 5 years also earn 6.10%.
Among the banks compared, DCB Bank, RBL Bank, YES Bank, Tamilnad Mercantile Bank and IndusInd Bank offer the strongest rates across multiple tenures. Public sector banks generally offer lower returns than several private sector lenders, particularly for medium-term deposits.
Investors should compare rates alongside liquidity requirements, bank reputation and financial goals before investing.
About the Author
Sounak Mukhopadhyay covers trending news, sports and entertainment for LiveMint. His reporting focuses on fast-moving stories, box office performance, digital culture and major cricket developments. He combines real-time updates with clear context for everyday readers. <br><br> Sounak brings newsroom experience across breaking news, explainers and long-form features. He has a strong emphasis on accuracy, verification and responsible storytelling. His work tracks audience behaviour, celebrity influence and the business of sport and cinema. He helps readers understand why a story matters beyond the headline. <br><br> Sounak has contributed to widely read digital publications. He continues to build a body of journalism shaped by consistency, speed and editorial clarity. He is particularly interested in the intersection of media, popular culture and public conversation in contemporary India. <br><br> At LiveMint, he writes daily coverage as well as analytical pieces that interpret numbers, trends and cultural moments in accessible language. His approach prioritises factual depth, balanced framing and reader trust. The reporting aligns with modern newsroom standards of transparency and credibility. <br><br> Outside daily reporting, he explores storytelling across formats including podcasts, filmmaking and narrative non-fiction. Through his journalism, Sounak aims to document the rhythms of modern entertainment and sports while maintaining rigorous editorial integrity. <br><br> Sounak continues to develop audience-focused journalism that connects speed with substance in a rapidly-changing information environment. His work seeks clarity, trust and lasting public value in every story he reports.
Catch all the Instant Personal Loan, Business Loan, Business News, Money news, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
Wait for it…
Oops! Looks like you have exceeded the limit to bookmark the image. Remove some to bookmark this image.