highest interest on one year FD see list of all banks sbi icici pnb bob hdfc

Banks have made small savings schemes more attractive due to the Finance Ministry’s move to keep small savings rates unchanged till December. Banks are paying good interest on one year FD. State Bank of India is now paying 4.9% interest on one-year fixed deposits (FD), while HDFC Bank and ICICI Bank are paying 5.1% and 5% respectively. While small finance banks like Sunrise, Fincare, Utkarsh, North East are offering interest up to 7.00%. Come find out who among the top banks of India is paying the highest interest on FDs maturing in a year ..

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banks’ name Ordinary citizen senior citizen
ESAF Small Finance Bank 7.00% 7.50%
Utkarsh Small Finance Bank 7.25 % 7.75%
Jan Small Finance Bank 6.90% 7.40%
Suryoday Small Finance Bank 7.25 % 7.75%
Ujjivan Small Finance Bank 6.50% 7.00%
Fin Care Small Finance Bank 6.95% 7.45%
RBL 6.85% 7.35%
IDFC First Bank 6.75% 7.25%
Bandhan Bank 5.75% 6.50%
Indusind 7.00% 7.50%
This bank 6.75% 7.25%
Federal Bank 5.35% 5.85%
HDFC bank 5.10% 5.60%
Axis Bank 5.15% 5.80%
DCB Bank 6.50% 7.00%
Kotak Mahindra Bank 4.75% 5.25%
DBS 4.15% 4.15
ICICI Bank 5.00% 5.50%
PNB 5.25% 6.00%
Canara Bank 5.40% 5.90%
State Bank of India 4.90% 5.40%
Bank of baroda 5.10% 5.60%

Source: Money Market

Note: These interest rates applicable on domestic deposits of less than Rs 2 crore are till 11 September 2020.

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