Fixed deposits (FDs) remain one of the safest investment options for Indian savers because they offer a guaranteed rate of return and capital protection. Banks revise their deposit rates regularly in response to changes in the Reserve Bank of India’s policy rates. As of mid‑2025, large banks like the State Bank of India (SBI) offered around 6.25 %–6.45 % per annum on one‑year deposits for general citizens, while senior citizens received about 6.75 %. Private banks such as HDFC and Axis offered similar one‑year rates around 6.25 %–6.40 %, whereas small finance banks like Suryoday Small Finance Bank provided higher returns of around 7.50 % on one‑year FDs. These figures may change during the year.
Snapshot of 2025 FD Rates
| Tenure / Bank | Indicative interest rate (general) | Senior citizen rate |
|---|---|---|
| Large banks (e.g., SBI, HDFC, PNB) | 6 % – 6.45 % for 1‑year FDs | +0.50 % (approx.) |
| Small finance banks (Suryoday SFB) | 7.50 % for 1‑year | Slightly higher (+0.5 % to +0.75 %) |
| PSU banks (Bank of Maharashtra) | 6.7 % for ~1‑year | +0.50 % |
| Shriram Finance | 7.11 % for 1‑year | 7.61 % |
The figures above are illustrative. Always check the latest rate chart of your preferred bank because interest rates depend on tenure, deposit amount and customer category (regular, senior or super senior). Invest only after evaluating your financial goals and comparing rates across institutions.
