Archive · 2 Oct 2026
Latest Fixed Deposit Interest Rates Listed for October 2, 2026
A fixed deposit lets someone keep money in a bank for a set period and earn interest.
Different banks offer different interest rates.
The table shows rates for four time periods, from less than one year to three-to-five years.
Small-finance banks generally have some of the highest rates in the list.
Utkarsh Small Finance Bank has the highest one-to-two-year rate shown, at 8.1%.
Suryoday Small Finance Bank has the highest rates shown for two-to-three years and three-to-five years.
The rates were compiled by BankBazaar from bank websites.
Banks can revise rates or apply different conditions after a specified period.
The table lists fixed-deposit interest rates from foreign, public-sector, private-sector and small-finance banks.
Rates are grouped into four tenures: below one year, one to two years, two to three years, and three to five years.
Among the listed banks, Utkarsh Small Finance Bank offers the highest one-to-two-year rate at 8.1%.
Suryoday Small Finance Bank offers the highest listed rates for two-to-three years at 8.1% and three-to-five years at 8.25%.
BankBazaar compiled the figures from the respective banks' websites, and rates may change under individual bank terms and conditions.
- Who
- Foreign banks, Indian public-sector banks, Indian private-sector banks and small-finance banks listed in the table.
- What
- A comparison of fixed-deposit interest rates across four investment tenures.
- When
- The rates are presented as of October 2, 2026, with individual bank effective dates shown in the table.
- Where
- At the banks listed in the table; the Indian-bank categories identify the domestic institutions.
- Why
- To show the interest rates available for fixed deposits and help compare bank offerings.
- Publication date
- October 2, 2026
- Tenure bands
- Below 1 year; 1 to 2 years; 2 to 3 years; 3 to 5 years
- Highest below-one-year rate
- 7%, listed for Dhanlaxmi Bank, Karur Vysya Bank and Jana Small Finance Bank
- Highest one-to-two-year rate
- 8.1%, offered by Utkarsh Small Finance Bank
- Highest two-to-three-year rate
- 8.1%, offered by Suryoday Small Finance Bank
- Highest three-to-five-year rate
- 8.25%, offered by Suryoday Small Finance Bank
- Source
- BankBazaar compilation from the respective banks' websites
- Rate caveat
- Rates may be revised, and some banks or financial institutions may apply prevailing floating rates after a specified period.