FD Rates: These 5 major banks are the 'champions' of offering the highest interest rates on FDs. SBI and PNB are on the list. Check if your bank is on the list

These days, investors are worried about the fluctuations in high interest rates, but fixed deposits (FDs) are still considered the safest and most reliable investment. They offer guaranteed returns at fixed times, making them popular among both ordinary people and senior citizens. Major banks like State Bank of India (SBI), Punjab National Bank (PNB), ICICI Bank, HDFC Bank, and Bank of Baroda are offering excellent FD interest rates to their customers. So, if you're looking to grow your savings safely, these banks' special FD schemes could be a great option for you. Find out which of the top 5 banks offers the highest interest rates for FD investments?

SBI FD Interest Rates

For general citizens: 3.05% to 6.60%
For senior citizens: 3.55% to 7.10%
Highest rates: 6.60% (general citizens) and 7.10% (senior citizens), on the 444-day Amrit Varsha Special FD.

HDFC Bank FD Interest Rates

For General Citizens: 2.75% to 6.60%
For Senior Citizens: 3.25% to 7.10%*
Highest Rates: 6.60% (General Citizens) and 7.10% (Senior Citizens) for FDs with tenures ranging from 18 months to less than 21 months.

ICICI Bank FD Interest Rates

For General Citizens: 2.75% to 6.60%
For Senior Citizens: 3.25% to 7.10%
Highest Rates: 6.60% (General Citizens) and 7.10% (Senior Citizens) for tenures ranging from 2 years 1 day to 10 years.

Punjab National Bank (PNB) FD Interest Rates

For General Citizens: 3.00% to 6.60%
For Senior Citizens: 3.50% to 7.10%
Highest Rates: 6.60% (General Citizens) and 7.10% (Senior Citizens), for a 390-day term.

Bank of Baroda (BoB) FD Interest Rates

For General Citizens: 3.50% to 6.60%
For Senior Citizens: 4.00% to 7.10%
Highest Rates: 6.60% (General Citizens) and 7.10% (Senior Citizens), for a 444-day term.

Top 5 Banks' Highest FD Interest Rates (as of September 25, 2025)

Bank	General Citizens (FD Interest Rate)	Senior Citizens (FD Interest Rate)	Highest Rate & Tenure
SBI	3.05% – 6.60%	3.55% – 7.10%	444 days
HDFC	2.75% – 6.60%	3.25% – 7.10%	18 to <21 months
ICICI	2.75% – 6.60%	3.25% – 7.10%	2 years 1 day – 10 years
PNB	3.00% – 6.60%	3.50% – 7.10%	390 days
BoB	3.50% – 6.60%	4.00% – 7.10%	444 days

How to Open a Bank FD Account

Opening an FD account with a bank is very easy. You can open an FD by visiting your nearest bank branch or online using netbanking/mobile apps. All you need is a savings account. Fill out the form, selecting the amount, tenure, and nominee. Your FD account is immediately activated upon payment. (Source: Banks' websites, as of September 25, 2025)

5 FAQs
Q1. What is an FD and why invest in it?

FDs are a safe investment that offers guaranteed returns over a period of time.

Q2. Which bank is offering the highest FD interest rate in 2025?

SBI, HDFC, ICICI, PNB, and Bank of Baroda are offering interest rates ranging from 6% to 7%.

Q3. How high is the interest rate on FDs for senior citizens?

Senior citizens receive approximately 0.50% higher interest rates than ordinary citizens.

Q4. How can I open an FD account?

You can open an FD account online, at your nearest bank branch, through netbanking, or through a mobile app.

Q5. When is interest paid on FDs?

Interest is paid monthly, quarterly, annually, or at maturity, depending on the option you choose.