FD Interest Rates: Federal Bank wins on FD, these five are also giving the highest interest

ICICI Bank: A better option for long-term investors

Interest Rate: 6.6% (Tenure from 2 to 10 years)

For senior citizens: 7.10%

Even if you want to invest for a long term, ICICI Bank is giving good returns. ICICI Bank is giving 6.6 percent to 7.1 percent annual interest on FDs up to 10 years.

Bank of Baroda: Bumper interest in 444 days

Interest Rate: 6.6% (444 days)

For senior citizens: 7.10%

Latest rates effective: June 12, 2025

Like Kotak and Federal Bank, Bank of Baroda has also implemented better rates on 444 day FD. This can prove to be a strong offer especially for senior citizens.

Kotak Mahindra Bank: This also has a tenure of 444 days

Interest Rate: 6.6% (444 days)

For senior citizens: 7.10%

Latest rates effective: June 18, 2025

Kotak Bank has offered an attractive interest rate for a 444 day tenure, which could prove beneficial for short-term investors.

Federal Bank: Elderly people benefit the most

Interest Rate: 6.7% (444 days)

For senior citizens: 7.20%

Latest rates effective: July 17, 2025

Federal Bank is one of the few banks that is offering a rate of 6.7%. If you are looking for a little higher yield and the tenure suits you, this is a good option.

SBI: Government trust and stable returns

Interest Rate: 6.45% (2-3 years)

For senior citizens: 6.95%

Latest rates effective: July 15, 2025

If you prefer to deposit money in a government bank, then SBI is a reliable option. Although the returns are a little low, but in terms of security and accessibility, it is unmatched.

Pay attention not only to the interest rate but also to the tenure and need
The interest rate is important, but while choosing an FD, you should also see for how long you can lock the money and when you are going to need the money. If you are a senior citizen, you will get an additional 0.50% interest in almost every bank, take full advantage of it.