Best Fixed Deposit Rates in India

Bank Deposit Period Deposit Type Interest Rate Senior Citizen rates Remarks
Allahabad Bank 1 year upto 3 years Fixed Deposit 10.50 10.50
State Bank of Patiala 300 days Fixed Deposit 10.00 10.00

Rs.15 lakh and above

Tamilnad Mercantile Bank Limited 400 days Fixed Deposit 10.00 10.10

Less than Rs. 1 cr

City Union Bank 500 days Fixed Deposit 10.00 10.00

Up to Rs. 15 lakh

Tamilnad Mercantile Bank Limited 20 months 20 days Fixed Deposit 9.75 10.00

Less than Rs. 1 cr. The following NRI rates for NRE deposits.

Allahabad Bank Above 3 years to less than 5 years Fixed Deposit 9.75 9.75
Bank of Baroda 1 yr Fixed Deposit 9.66 9.66

Rs 50 Cr-100 Cr

Bank of Baroda 1 yr Fixed Deposit 9.66 9.66

Above Rs 100 Cr.

Bank of Baroda 331days to less than 1 yr Fixed Deposit 9.64 9.64

Rs 50 Cr-100 Cr

Bank of Baroda 331days to less than 1 yr Fixed Deposit 9.64 9.64

Above Rs 100 Cr.

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