FD Rates 2025: Compare Top Banks Offering Up To 8.05% On Fixed Deposits

FD Interest Rate Comparison: Fixed Deposit is a safe instrument that allows investors to deposit their money in banks and earn a fixed return until the maturity of the deposit. Several banks offer different

interest rates on the deposits depending on the maturity period.

FD interest rates generally range between 3% and 8%, depending on the tenure of the deposit. Senior citizens often benefit from an extra 0.5% interest rate, making FDs even more appealing for retirement savings.

Before investing, it’s essential to compare interest rates across different banks to maximise your returns. In this article, we have reviewed the FD interest rates offered by four leading banks, helping you make a well-informed choice.

Suryoday Small Finance Bank is offering the highest rate of 8.05% per annum to customers, followed closely by Jana Small Finance Bank at 8% and Utkarsh Small Finance Bank at 7.65%. These banks are attracting depositors with lucrative rates, especially for longer tenures such as three or five years, along with additional benefits of up to 0.5% for senior citizens.

On the other hand, the country’s largest public lender State Bank of India (SBI) is offering interest on FDs between 6.05% to 6.60%, while Union Bank of India, and Bank of Baroda are offering FD rates ranging between 6.25% and 6.60%, depending on the tenure.

Private sector lenders like HDFC Bank, ICICI Bank, and Axis Bank are offering similar FD returns, with the highest rate capped at 6.60% per annum.

Fixed Deposit Rate Comparison (as of 16 Oct 2025)

Bank Type	Bank Name	Highest FD Rate (% p.a.)	1-Year FD Rate (% p.a.)	3-Year FD Rate (% p.a.)	5-Year FD Rate (% p.a.)	Senior Citizen Addl. Rate (% p.a.)
Public Sector Bank (PSU)	State Bank of India	6.60	6.25	6.30	6.05	0.50
	Union Bank of India	6.60	6.40	6.60	6.40	0.50
	Bank of Baroda	6.60	6.50	6.50	6.40	0.50
Private Sector Bank	HDFC Bank	6.60	6.25	6.45	6.40	0.50
	ICICI Bank	6.60	6.25	6.60	6.60	0.50
	Axis Bank	6.60	6.25	6.60	6.60	0.50
Small Finance Bank (SFB)	Suryoday Small Finance Bank	8.05	7.40	7.25	8.05	0.05–0.20
	Jana Small Finance Bank	8.00	7.25	7.50	8.00	0.50
	Utkarsh Small Finance Bank	7.65	6.00	7.65	7.25	0.50