Fixed Deposit (FD) is still a good option for risk-averse investors, as it gives stable and assured returns. However, recently many major banks like SBI, ICICI Bank, HDFC Bank, and Canara Bank have cut FD rates. This change has happened in the last 10 days till May 27, 2025. Therefore, it is important to choose the right bank and the right period while investing in FD.

SBI FD Interest Rates-

If you want to do FD in SBI (State Bank of India), then you can get annual interest ranging from 3.30% to 7.05%. These rates are for general customers. At the same time, senior citizens get slightly higher interest i.e. 3.5% to 7.35%. If you are a super senior citizen (age 80 years or more), then SBI gives you interest up to 7.45%. The highest interest is being given on FD of 444 days.

ICICI Bank FD interest rates-
General people get interest ranging from 3% to 6.85% on ICICI Bank FD. If you are a senior citizen, then you will get interest ranging from 3.5% to 7.35%. The highest interest is being given on FDs of 18 months to 2 years.

HDFC Bank FD interest rates-
HDFC Bank is also giving almost the same interest on FD as ICICI. Here general customers can get interest ranging from 3% to 6.85% and senior citizens can get interest ranging from 3.5% to 7.35%. The highest interest is being given on FDs of a period of 15 months to a little less than 21 months.

Canara Bank FD interest rates-
General customers get 4% to 7% interest on Canara Bank FD, while senior citizens can get 4% to 7.50% interest. The highest interest rate is applicable on FD of 444 days.

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