Updated on August 6, 2026
Interest rates on bank deposits vary across institutions in India. To help you stay informed, we’ve compiled the latest deposit interest rates offered by all public sector banks and leading private sector banks.
In the lists below, banks are arranged alphabetically under their respective categories —Public Sector Banks and Private Sector Banks.
Next to each bank’s name, you’ll find a **comparison table** showing current rates on **callable domestic deposits below ₹3 crore for tenures of 1 year, 2 years, 3 years, 5 years, and above 5 years. These figures are **regularly updated** for your convenience.
Most banks also offer additional interest rates for senior citizens, and in some cases, super senior citizens (aged 80 years and above).
👉 Click on a bank’s name to visit its official website and view the latest detailed interest rate structure** for all types of deposits, including domestic fixed deposits.
| Public sector Banks as of 06.08.2026 interest rate in percentage per annum |
| Bank’s Name | 1 Year | 2 Years | 3 Years | 5 Years | 5+ Years | Special rates |
| Bank of Baroda | 6.25 | 6.00 | 5.50 | 5.00 | 4.50 | |
| Bank of India | 6.50 | 6.60 | 6.70 | 6.00 | 6.00 | |
| Bank of Maharashtra | 6.15 | 6.15 | 5.25 | 5.00 | 5.00 | |
| Canara Bank | 6.25 | 6.25 | 6.25 | 6.25 | 6.25 | 444 days 6.50 |
| Central Bank | 6.10 | 6.25 | 6.00 | 6.00 | 6.00 | 444 days 6.70 |
| IDBI Bank | 6.20 | 6.25 | 6.35 | 6.25 | 5.90 | |
| Indian Bank | 6.10 | 6.15 | 6.05 | 6.00 | 6.00 | |
| I.O.B (Indian Overseas Bank) | 6.50 | 6.40 | 6.10 | 6.10 | 6.10 | 444 days 6.60 |
| Punjab National Bank | 6.25 | 6.30 | 6.35 | 6.00 | 6.00 | 444days 6.60 |
| Punjab & Sind Bank | 5.85 | 5.95 | 5.85 | 5.95 | 5.85 | 444 days 6.80 |
| UCO Bank | 6.10 | 6.10 | 6.00 | 6.00 | 6.00 | 444 days 6.45 |
| Union Bank | 6.20 | 6.00 | 6.00 | 6.00 | 6.00 | 444 days 6.50 |
| State Bank of India | 6.25 | 6.40 | 6.30 | 6.05 | 6.05 |
Rate of interest (percent per annum) on term deposits of major private sector banks -at a glance.
Last Updated on 06.08.2026
|
Bank’s Name |
1 Year |
2 Years |
3 Years |
5 Years |
5+ Years |
As appeared on the official websites of the respective banks as of 22.10.2025 |
|
6.25 |
6.60 |
6.60 |
6.60 |
6.60 | ||
|
6.90 |
6.90 |
7.00 |
7.00 |
7.00 |
||
|
6.50 |
6.60 |
6.50 |
6.50 |
6.50 |
||
|
6.30 |
6.40 |
6.40 |
6.25 |
6.25 |
||
|
6.25 |
6.45 |
6.45 |
6.40 |
6.40 |
||
|
6.25 |
6.30 |
6.45 |
6.50 |
6.50 |
||
|
6.50 |
6.60 |
6.80 |
6.85 |
6.85 |
||
|
6.50 |
6.40 |
6.15 |
6.15 |
5.50 | ||
|
6.55 |
6.55 |
6.55 |
6.55 |
6.25 |
||
|
6.35 |
6.80 |
6.25 |
6.25 |
6.25 |
||
|
7.00 |
7.20 |
7.20 |
6.70 |
6.70 |
||
|
6.25 |
5.85 |
6.20 |
5.70 |
5.70 |
||
|
6.65 |
7.00 |
7.00 |
6.75 |
6.75 |
Disclaimer: Public Sector Banks are the banks where the Government of India has the majority capital stake and in Private Sector Banks, the private promoters and the general public are the shareholders. This website neither recommends the readers put their deposit in any specific bank nor take any responsibility, in the event of a bank failing or going into liquidation or reconstructed or amalgamated, or merging with another bank.
As interest rates are subject to change without prior notice, the depositor shall ascertain from the concerned bank, the rates on the value date of FD. Readers/bankers/financial institutions may inform us about updates, corrections or any inclusions to be made in this post. Banks at their discretion offer additional interest to the resident senior citizens (of age 60 years and above), over and above the rate of interest admissible to the general public. (Example: plus 0.25% p.a., 0.40% p.a., plus 0.50% p.a., maximum up to plus 1.00%). At present, most banks offer 0.50% additional interest to Senior citizens over and above the rate of interest admissible to the general public. Senior Citizens are therefore required to check the additional interest offered to them by the concerned bank before depositing their money.
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