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India FD Rates Compared Across 16 Banks for Five Maturities
Banks pay interest when people keep money in fixed deposits.
The interest rate can change depending on how long the money stays deposited.
This comparison looks at 16 banks in India.
It covers deposits of up to ₹1 crore.
The periods range from six months to five years or longer.
DCB Bank has the highest listed rate, at 7.50%.
Other banks offer different rates, with some reaching 7.25% or more.
The figures came from the banks’ websites on 24 August 2026.
The comparison covers fixed deposits of up to ₹1 crore across 16 Indian banks.
Rates are grouped into five maturity bands, ranging from six months to five years or longer.
DCB Bank offers the highest stated rate, reaching 7.50% in two maturity categories.
RBL Bank, Tamilnad Mercantile Bank, Dhanlaxmi Bank and City Union Bank also offer rates of up to 7.25% or more.
The data was collected from bank websites on 24 August 2026, excluding entities merged into other banks.
- Who
- Sixteen Indian banks, including DCB Bank, YES Bank, RBL Bank, Axis Bank, ICICI Bank and HDFC Bank.
- What
- A comparison of fixed-deposit interest rates across five maturity categories for deposits of up to ₹1 crore.
- Where
- India; the data was collected from each bank’s website.
- When
- Rates available on 24 August 2026.
- Why
- To compare the returns offered by different banks for various fixed-deposit durations.
Key facts
- Banks covered
- 16 banks
- Deposit limit
- Up to ₹1 crore
- Maturity categories
- 6 months to under 1 year; 1 to under 2 years; 2 to under 3 years; 3 to under 5 years; and 5 years or longer
- Highest stated rate
- 7.50%, offered by DCB Bank in the 2-to-under-3-year and 5-years-or-longer categories
- Data date
- 24 August 2026
- Data source
- The websites of the respective banks
- Merger treatment
- Only the main entity of each merged bank was included; banks merged into another entity were removed
Sources
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