Several commercial banks offer competitive fixed‑deposit rates, and the “best” depends on tenure, age category and deposit amount. Based on July–August 2025 data, top rates include:
- SBI – 6.25 % for 1‑year FDs; senior citizens 6.75 %.
- HDFC Bank – about 6.25 % for 1‑year; seniors 6.75 %.
- Axis Bank – 6.25 % for 1‑year.
- Suryoday Small Finance Bank – 7.50 % for 1‑year.
- Bank of Maharashtra – 6.7 % for 366 days.
- Shriram Finance – about 7.11 % for 1‑year.
Comparative Table of Top Bank FD Rates (1‑Year Tenure)
| Bank | 1‑Year FD rate (general) | Senior citizen rate |
|---|---|---|
| SBI | 6.25 % | 6.75 % |
| HDFC Bank | 6.25 % | 6.75 % |
| PNB | ~6.40 % | 6.90 % |
| Axis Bank | 6.25 % | 6.75 % |
| Bank of Maharashtra | 6.70 % | 7.20 % |
| Suryoday SFB | 7.50 % | 8.00 % |
Always confirm rates directly with the bank before investing. Top rates are subject to change, and some banks have special schemes for specific tenures that may offer higher returns.
