7 Banks that are offering highest interest rate on FDs

ZeeBiz Desk

Sep 11,2024

In fixed deposit (FD), a person deposits a lumpsum amount for a period and gets the same interest rate on a monthly, quarterly, or yearly basis which the bank offers him at the time of depositing money.

Here are the latest FD interest rates that top banks of India are providing to general citizens in 1-year, 2-year, and 3-year FDs.

State Bank of India FD interest rate

1-year: 6.8% 2-year: 6.75% 3-year: 6.5%

Punjab National Bank FD interest rate

1-year: 6.8% 2-year: 7% 3-year: 6.5%

Canara Bank FD interest rate

1-year: 6.85% 2-year: 6.8% 3-year: 6.7%

ICICI Bank FD interest rate

1-year: 6.7% 2-year: 7% 3-year: 7%

HDFC Bank FD interest rate

1-year: 6.6% 2-year: 7% 3-year: 7%

Axis Bank FD interest rate

1-year: 6.7% 2-year: 7.1% 3-year: 7%

Bank of Baroda FD interest rate

1-year: 6.85% 2-year: 7.15% 3-year: 6.5%