Middle class and working people still consider FD as a safe investment, so they should keep some things in mind before investing. This can give them good profit on the amount invested. Different banks give different interest rates on FD, but the interest rates of these 6 banks are the most attractive for one year FD.
FD interest rates: Middle class and working people consider their money safe in FD and if they have even a little more money, they prefer to do FD for a year. If you also want to do a fixed deposit (FD) in a bank, then you should first compare the interest rates offered by different banks (both private and government). Although most banks offer the same interest rates, it is still better to compare them because even a slight difference of 50 basis points can make a big difference in interest rates over a long period of time.
These banks offer higher interest rates on FD
HDFC Bank: It is the largest private bank which offers 6.25 percent interest rate to its regular depositors on one-year FD and 6.75 percent interest rate to senior citizens. These rates are applicable from June 25, 2025.
ICICI Bank: This private bank also offers 6.25 percent and 6.75 percent interest rate respectively to regular and senior citizens on one-year FD deposits.
Kotak Mahindra Bank: Private sector Kotak Mahindra Bank also offers 6.25 per cent and 6.75 per cent interest rates to regular and senior citizens respectively on one-year FD deposits.
Federal Bank: Federal Bank is also a private sector bank which offers 6.40 per cent interest to its regular customers on one-year FD and 6.90 per cent interest to senior citizens. These rates are applicable from August 18.
State Bank of India (SBI): India’s largest public sector bank SBI offers 6.25 per cent interest to its regular depositors and 6.75 per cent interest to senior citizens on fixed deposits for one year. These interest rates are applicable from July 15, 2025.
Union Bank of India: As per the rates applicable from August 20 in state-run lender Union Bank of India, this bank offers 6.40 per cent interest to its regular depositors and 6.90 per cent interest to senior citizens.
| Name of the Bank | Type of bank | Regular Interest Rate (1 Year) | Senior Citizen Interest Rate (1 Year) | Effective Date |
|---|---|---|---|---|
| Union Bank of India | Government | 6.4 percent | 6.90 percent | 20 August 2025 |
| HDFC Bank | Private | 6.25 percent | 6.75 percent | June 25, 2025 |
| ICICI Bank | Private | 6.25 percent | 6.75 percent | – |
| Kotak Mahindra Bank | Private | 6.25 percent | 6.75 percent | – |
| Federal Bank | Private | 6.40 percent | 6.90 percent | August 18, 2025 |
| SBI (State Bank of India) | Government | 6.25 percent | 6.75 percent | July 15, 2025 |
The post FD interest rates: These 6 banks are giving the highest interest on one year FD, know who all are included; See the full list here first appeared on informalnewz.
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