FD interest rates: Looking for higher returns on one-year FDs? Here's a list of 8 banks offering high interest rates...
FD interest rates 2025: There are many investment options today. Most people invest in the stock market or mutual funds. However, there are many who still choose safe investments. Bank FDs are considered a safe investment. Here, you receive a fixed return. Your investment in the stock market may even be negative. However, here you will receive a fixed interest rate. However, many people want to invest for a shorter period of time and also want a higher return.
If you too want to invest for a shorter period of time and desire higher returns, today we will tell you about FDs from 8 banks that are offering higher returns on one-year FDs than other banks. Let's explore the interest rates these banks offer on one-year FDs.
Which banks are offering higher returns on one-year FDs?
Which banks are offering higher returns on one-year FDs? Before investing your money in a fixed deposit account, it is advisable to compare the interest rates offered by different banks and choose the one that offers the highest interest.
Sr. No. Bank Regular Interest Rate Interest Rate for Senior Citizens
1. HDFC Bank 6.25 6.75
2. ICICI Bank 6.25 6.75
3. Kotak Mahindra Bank 6.25 6.75
4. Federal Bank 6.25 6.75
5. SBI 6.25 6.75
6. Union Bank of India 6.4 6.9
7. Canara Bank 6.25 6.75
8. Punjab National Bank 6.25 6.75
HDFC Bank: This largest private bank offers 6.25% interest on its one-year term deposits to ordinary citizens and 6.75% to senior citizens.
ICICI Bank: This private lender offers 6.25% interest on one-year fixed deposits for general citizens and 6.75% for senior citizens.
Kotak Mahindra Bank: This private bank also offers 6.25% and 6.75% interest on one-year fixed deposits for general citizens and senior citizens, respectively.
Federal Bank: It also offers 6.25% and 6.75% interest on one-year FDs for general citizens and senior citizens, respectively. The highest return (6.70%) is available on deposits with a 999-day term.
State Bank of India (SBI): The country's largest public sector bank offers 6.25% interest on one-year fixed deposits for general citizens and 6.75% for senior citizens.
Union Bank: This public sector bank offers 6.40% interest on one-year fixed deposits to ordinary citizens and 6.90% interest to senior citizens.
Canara Bank: This public sector bank offers 6.25% interest on one-year fixed deposits to ordinary citizens and 6.75% interest to senior citizens. FDs with 444 days offer the highest returns of 6.50% and 7%.
Punjab National Bank: This public sector bank offers 6.25% interest to ordinary citizens and 6.75% interest to senior citizens.
Disclaimer: This content has been sourced and edited from Dainik Jagran. While we have made modifications for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.
