The Reserve Bank of India (RBI) has recently cut the repo rate. Due to this, banks have reduced their fixed deposit (FD) interest rates. FD is a safe way to save money. To earn more, check and compare the latest FD rates.
HDFC Bank gives 6.60% interest to regular customers. Senior citizens get 7.10% on deposits of 15 to 21 months. For one year, the rates are 6.25% and 6.75% respectively.
ICICI Bank gives 6.60% to regular customers. Senior citizens get 7.10% on deposits of 2 to 5 years.
Kotak Mahindra Bank gives 6.60% on deposits of about 1 year to 2 years.
Federal Bank gives 6.85% to regular customers. Senior citizens get 7.35% interest on 444-day deposits. Punjab National Bank (PNB) offers 6.70% interest to regular customers. Senior citizens get 7.20% interest on 390-day deposits. Union Bank of India offers 6.85% interest to regular customers. Senior citizens get 7.35% interest on 456-day deposits. State Bank of India (SBI) offers 6.45% interest for 2 to 3 years. Senior citizens get 6.95% interest. The rates were updated in June 2025. Always check the latest rates before investing.
