⚡ FD Maturity Calculator
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Complete FD Rate Comparison — All Banks (October 2026)
| Bank / Institution | Category | Best Rate | Senior Rate | Best Tenure |
|---|---|---|---|---|
| Suryoday Small Finance Bank 🥇 #1 | Small Finance Bank | 8.25% | 8.50% | Up to 5 years |
| Utkarsh Small Finance Bank 🥈 #2 | Small Finance Bank | 8.10% | 8.60% | Select tenures |
| Jana Small Finance Bank 🥉 #3 | Small Finance Bank | 8.00% | 8.30% | 2–3 years |
| Equitas Small Finance Bank | Small Finance Bank | 8.00% | 8.50% | 3 years 1 day |
| Shivalik Small Finance Bank | Small Finance Bank | 8.00% | 8.50% | Select tenures |
| Unity Small Finance Bank (501 days) | Small Finance Bank | 8.00% | 8.50% | 501 days |
| Ujjivan Small Finance Bank | Small Finance Bank | 7.80% | 8.30% | 2 years |
| Bajaj Finance AAA Rated | NBFC | 7.75% | 8.15% | Up to 60 months |
| Post Office Time Deposit Sovereign | Government | 7.50% | 7.50% | 5 years |
| HDFC Bank Safe | Private Bank | 6.50% | See bank | Check rate card |
| Axis Bank | Private Bank | 6.50% | See bank | Check rate card |
| ICICI Bank | Private Bank | 6.50% | 7.10% | Last confirmed Apr 2026 |
| Punjab National Bank (444 days) Special | Public Sector | 6.60% | 7.10% | 444 days |
| Canara Bank (555 days) Special | Public Sector | 6.60% | 7.10% | 555 days |
| Bank of Baroda (444 days) Govt. | Public Sector | 6.45% | 6.95% | 444 days |
| SBI (Amrit Vrishti, 444 days) Govt. | Public Sector | 6.45% | 6.95% | 444 days |
| SBI (regular FDs) | Public Sector | 6.40% | See bank | Check rate card |
⚠️ Rates shown are the highest reported general-category rates as of 27 October 2026 and apply to specific tenures and deposits under ₹3 crore. Banks revise rates without notice — and after the RBI's 7 October rate hike more revisions are likely. Always verify the current rate on the bank's website before investing. "See bank" means we could not confirm the figure. ICICI was last confirmed in April 2026.
🌟 Special FD Schemes — 444, 501, 555 Days
Banks launch special FD schemes with unique tenures — often paying more than their regular FDs for the same period. These are worth considering for savvy investors.
💡 Why odd tenures like 444 or 555 days? Banks use these to manage their asset-liability mix. They offer better rates to attract deposits for specific durations. The rate usually applies only to that exact tenure — PNB, for example, pays its higher rate on day 444 only, not on nearby tenures.
⚠️ Special FD schemes are often limited-period or special-tenure offerings. Rates and availability may change without notice, and the dates shown above may be older than today's rate. Always verify on the official bank website before investing.
Small Finance Bank FD Rates — Detailed Review
Small Finance Banks are RBI-licensed, DICGC-insured, and offer significantly higher rates than large banks. The top rate usually applies to specific tenures, so check the tenure before you book. Here are the top picks:
Suryoday Small Finance Bank
- 8.25% general (maximum reported)
- 8.50% senior citizens (5 years)
- DICGC insured up to ₹5L
- Tax-saver FD: 8.25% / 8.50%
- Rate depends on tenure
- Scheduled bank, RBI-regulated
Utkarsh Small Finance Bank
- 8.10% general (select tenures)
- Senior citizens up to 8.60% (reported)
- DICGC insured up to ₹5L
- Tax-saver FD: 7.00% / 7.50%
- Top rate applies to specific tenures only
- Scheduled bank, RBI-regulated
🏛️ Public Sector vs Private Banks — FD Rate Comparison
Highest general-category rates at large banks, based on the latest rate cards we could confirm (October 2026 unless noted):
| Bank | Type | Highest Rate | Senior Rate | Notes |
|---|---|---|---|---|
| HDFC Bank | Private | 6.50% | See bank | Rate card effective 19 Aug 2026 |
| Axis Bank | Private | 6.50% | See bank | August 2026 schedule |
| ICICI Bank | Private | 6.50% | 7.10% | Last confirmed April 2026 |
| PNB | Public | 6.60% | 7.10% | 444-day special; 7.40% super senior |
| Canara Bank | Public | 6.60% | 7.10% | 555-day special |
| Bank of Baroda | Public | 6.45% | 6.95% | 444-day special; 7.05% super senior |
| SBI | Public | 6.45% | 6.95% | 444-day Amrit Vrishti; regular FDs top out at 6.40% |
📊 Key Insight: At the top end, large private banks and large public sector banks now sit within about 0.2% of each other (roughly 6.4%–6.6%). The real gap is with small finance banks (up to 8.25%) and NBFCs like Bajaj Finance (up to 7.75%). On ₹5L for 3 years, 8% vs 6.5% is roughly ₹25,000–₹30,000 more interest, but SFB deposits are insured only up to ₹5L and NBFC deposits are not DICGC-insured.
👴 Senior Citizen FD Rates — October 2026
Senior citizens (60+) receive an extra 0.25%–0.75% at most banks. Some banks offer higher "super senior" rates for 80+ depositors, especially on special 444/555-day schemes.
| Bank | General Rate | Senior Rate | Extra | Best Tenure |
|---|---|---|---|---|
| Suryoday SFB Highest | 8.25% | 8.50% | +0.25% | Up to 5 years |
| Utkarsh SFB | 8.10% | 8.60% | +0.50% | Select tenures |
| Equitas SFB | 8.00% | 8.50% | +0.50% | 3 years 1 day |
| Shivalik SFB | 8.00% | 8.50% | +0.50% | Select tenures |
| Unity SFB (501 days) | 8.00% | 8.50% | +0.50% | 501 days |
| Jana SFB | 8.00% | 8.30% | +0.30% | 2–3 years |
| Ujjivan SFB | 7.80% | 8.30% | +0.50% | 2 years |
| Bajaj Finance | 7.75% | 8.15% | +0.40% | Up to 60 months |
| PNB (444 days) | 6.60% | 7.10% | +0.50% (7.40% at 80+) | 444 days |
| Canara 555 | 6.60% | 7.10% | +0.50% (+0.60% more at 80+) | 555 days |
| SBI / BoB (444 days) | 6.45% | 6.95% | +0.50% | 444 days |
| Post Office TD | 7.50% | 7.50% | None | 5 years |
👴 Senior Tax Tip: Under Section 80TTB (old tax regime only), a resident senior citizen can claim a deduction of up to ₹50,000 a year on interest from bank, post office and co-operative deposits. Banks also deduct TDS only once a senior's interest at a single bank crosses ₹1,00,000 (from FY 2025-26). Example: on a ₹10L FD at 7% (₹70,000 interest), ₹50,000 is deductible and ₹20,000 is taxable at the slab rate. Interest on company or NBFC FDs (such as Bajaj Finance) does not qualify for 80TTB. Check current limits on incometax.gov.in.
👉 See our complete guide: Best Senior Citizen FD Rates India 2026 — Bank-wise Comparison
🧾 Tax Saving FD — Section 80C
Invest up to ₹1.5 lakh in a 5-year Tax Saving FD and claim a deduction under Section 80C. Note that 80C is available only under the old tax regime, not the new regime.
| Bank | Tax Saver Rate | Senior Rate | Lock-in |
|---|---|---|---|
| Suryoday SFB | 8.25% | 8.50% | 5 years |
| Ujjivan SFB | 7.20% | 7.70% | 5 years |
| Utkarsh SFB | 7.00% | 7.50% | 5 years |
| Shivalik SFB | 6.25% | 6.75% | 5 years |
| Post Office NSC Sovereign | 7.70% | 7.70% | 5 years |
⚠️ Post Office NSC is a savings certificate, not an FD, and its rate is set quarterly (7.7% for Oct–Dec 2026). HDFC, ICICI, Axis, SBI and Canara also offer 5-year tax-saver FDs — check their rate on the day you book.
💡 Pro Tips from a Banker
- FD Laddering — Split ₹5L across FDs maturing in 1, 2, 3, 4, 5 years. Reinvest each at prevailing rates. Get liquidity every year while earning long-term rates. Calculate exact maturity →
- Stay within the DICGC limit — Keep total deposits (FD + savings + RD) at any single bank under ₹5L. Spread across multiple banks if investing more. NBFC deposits (like Bajaj Finance) are not covered by DICGC.
- Callable vs non-callable — Non-callable FDs usually pay slightly more but cannot be broken before maturity. Check the minimum amount and terms with the bank before choosing one.
- Don't lock in everything at once — The RBI raised the repo rate to 5.50% on 7 October 2026 and moved to a "calibrated tightening" stance, so deposit rates may edge up. Bajaj Finance has already raised its FD rates. Laddering lets you capture higher rates later.
- Senior citizen account advantage — Where the money genuinely belongs to a senior parent, depositing in their name earns the extra 0.50% plus the Section 80TTB benefit (old regime).
- TDS management — Banks deduct 10% TDS only when your interest at that bank crosses ₹50,000 (₹1,00,000 for seniors) in a year. File Form 15G (or 15H for seniors) each April if your total income is below the taxable limit.
- FD vs RD vs Savings? — Compare all three options here to choose the right one for your goals.
- Want to save tax too? — Read our complete Section 80C investment guide — FD is just one of 10 options.
- SBI specifically? — See all SBI FD rates by tenure for 2026 including Amrit Vrishti and WeCare scheme.
❓ Frequently Asked Questions
- ✓ Instant results · No login · Mobile friendly
- ✓ Standard banking formulas
- ✓ Side-by-side comparison of 15+ banks
- ✓ Senior citizen special rates included
- ✓ Small finance bank rates vs large banks
⚠️ Disclaimer: All FD rates are indicative, sourced from publicly available information as of October 2026, and may have changed since publication. Special-scheme rates (Canara 444/555, PNB 444, Bank of Baroda, SBI) may have been revised since the dates shown. Rates are subject to change without notice. FinMandi is an independent information platform. We are not a bank, NBFC, insurer, or registered investment adviser. Content is for informational purposes only. Always verify current rates directly with the bank before investing. Bank FDs are covered by DICGC insurance up to Rs 5 lakh per depositor per bank. NBFC FDs are typically not covered by DICGC — check with the specific NBFC before investing. FD interest is fully taxable as per applicable income tax slab.