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December 2025 fixed deposit interest rates: Latest FD rates from top 16 banks; check here
11 min read | Updated on December 05, 2025, 15:18 IST
SUMMARY
In 2025, the RBI cut the repo rate three times, bringing the total deduction to 100 basis points. In line with this, banks across the country have cut their FD interest rates many times throughout the year. It is crucial to compare current offerings and book your FD now to secure today's best rates.
Jana SFB is offering competitive interest rates of up to 8% to normal citizens and senior citizens.
Fixed Deposits (FDs) continue to be one of the most popular and safest investment options in India, particularly for senior citizens seeking a reliable income. Throughout 2025, banks have frequently revised their FD interest rates, primarily in response to changes in the Reserve Bank of India’s (RBI) repo rate.
While Small Finance Banks currently offer the highest returns in the market, many major public and private banks are also providing competitive rates. This gives investors a wide selection of options. Notably, Dhanalaxmi Bank and Jana Small Finance Bank recently announced fresh updates to their FD interest charts.
Dhanlaxmi Bank
Dhanlaxmi Bank revised its interest rates on November 28, 2025. The bank now offers up to 6.95% to the general public on FDs with various tenures, and up to 7.45% to senior citizens:
| Tenure | Interest Rate (Public) | Interest Rate (Senior Citizens) |
|---|---|---|
| 7 Days to 14 Days | 4.00% | 4.50% |
| 15 Days to 45 Days | 4.00% | 4.50% |
| 46 Days to 60 Days | 4.00% | 4.50% |
| 61 Days to 90 Days | 4.00% | 4.50% |
| 91 Days to 179 Days | 5.25% | 5.75% |
| 180 Days to less than 1 year | 5.25% | 5.75% |
| 300 Days (9 months 27 days) | 6.60% | 7.10% |
| 1 year to ≤ 2 years | 6.25% | 6.75% |
| 370 Days (12 months 5 days) | 6.95% | 7.45% |
| >2 years to ≤ 3 years | 6.50% | 7.00% |
| >3 years to ≤ 5 years | 6.50% | 7.00% |
| >5 years to ≤ 10 years | 6.60% | 7.10% |
Jana Small Finance Banks
Jana SFB is offering competitive interest rates of up to 8% to regular customers and senior citizens. The small finance bank revised its interest rates on November 24:
| Tenure | Regular FD Interest Rate (p.a.) | Sr. Citizen Interest Rate (p.a.) |
|---|---|---|
| 7 Days - 14 Days | 5.15% | 5.15% |
| 15 Days - 60 Days | 5.25% | 5.25% |
| 61 Days - 90 Days | 5.25% | 5.25% |
| 91 Days - 120 Days | 5.25% | 5.25% |
| 121 - 130 Days | 5.35% | 5.35% |
| 131 - 180 Days | 5.25% | 5.25% |
| 181 Days - 365 Days | 7.25% | 7.75% |
| >1 Year - 2 Years (730 Days) | 7.45% | 7.95% |
| >2 Years - 3 Years | 7.50% | 8.00% |
| >3 Years - <5 Years | 7.25% | 7.75% |
| 5 Years (1825 Days) | 8.00% | 8.00% |
| >5 Years - 10 Years | 6.50% | 7.00% |
State Bank of India FD rates
Many public sector banks, including the State Bank of India, offer high interest rates on deposits with various tenures. SBI offers up to 7.05% on 5-year to 10-year tenure for senior citizens.
| Tenure | Interest Rates for Public | Interest Rates for Senior Citizens |
|---|---|---|
| 7 days to 45 days | 3.05% | 3.55% |
| 46 days to 179 days | 5.05% | 5.55% |
| 180 days to 210 days | 5.80% | 6.30% |
| 211 days to less than 1 year | 6.05% | 6.55% |
| 1 year to less than 2 years | 6.25% | 6.75% |
| 2 years to less than 3 years | 6.45% | 6.95% |
| 3 years to less than 5 years | 6.30% | 6.80% |
| 5 years and up to 10 years | 6.05% | 7.05%* |
Highest FD interest rates
Let’s look at the highest FD interest rates offered by public, private and small finance banks across India:
| Bank Name | Highest Slab (% p.a.) | 5-Year Tenure (% p.a.) |
|---|---|---|
| Central Bank of India | 6.75 | 6.25 |
| Bank of Baroda | 6.60 | 6.40 |
| Bank of India | 6.60 | 6.00 |
| Bank of Maharashtra | 6.65 | 6.10 |
| Canara Bank | 6.50 | 6.25 |
| Bank Name | Highest Slab (% p.a.) | 5-Year Tenure (% p.a.) |
|---|---|---|
| Bandhan Bank | 7.20 | 5.85 |
| DCB Bank | 7.20 | 7.00 |
| RBL Bank | 7.20 | 6.70 |
| SBM Bank | 7.10 | 7.00 |
| YES Bank | 7.00 | 6.75 |
| Bank Name | Highest Slab (% p.a.) | 5-Year Tenure (% p.a.) |
|---|---|---|
| Suryoday Small Finance Bank | 8.00 | 8.00 |
| Jana Small Finance Bank | 8.00 | 8.00 |
| ESAF Small Finance Bank | 7.60 | 5.75 |
| Utkarsh Small Finance Bank | 7.50 | 7.00 |
| Ujjivan Small Finance Bank | 7.45 | 7.20 |
Generally, for senior citizens, most banks offer an extra 0.5% interest on FDs. Some banks, like Bandhan Bank and YES Bank, offer an additional interest rate of up to 0.75% to senior citizens, while some banks, like Jana SFB, offer the same rate to all citizens.
If you’re looking to invest in an FD, check and compare the FD rates of all banks and book the one you prefer before banks update their rates again. Bank interest rates fluctuate frequently in response to the RBI's monetary policy. It is crucial to compare current offerings and book your FD now to secure today's best rates.
RBI MPC meeting
When the RBI cuts the repo rate, the effect on loans is generally positive for borrowers: it leads to a reduction in lending rates, which translates to lower Equated Monthly Instalments (EMIs) or a shorter loan tenure. However, with this, the banks also lower FD interest rates as they no longer need to offer high rates.
In 2025, the RBI has cut the repo rate four times, bringing the total deduction to 125 basis points. In line with this, banks across the country have cut their FD interest rates many times throughout the year.
Investors must be aware of the changes in the FD rates and can book an FD accordingly before the rates change.
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