FD interest rates: THESE 7 banks offer highest interest rates on fixed deposits

Core Insights - Comparing interest rates across banks is crucial before opening a fixed deposit account, as even a small difference can significantly impact total earnings [1] Interest Rates Offered by Banks - HDFC Bank offers 6.6% for tenures between 18-21 months for regular investors and 7.10% for senior citizens, effective from June 25 [2] - ICICI Bank provides 6.6% for tenures above 2 years for regular investors and 7.10% for senior citizens [3] - Kotak Mahindra Bank also offers 6.6% for regular citizens and 7.1% for senior citizens for tenures between 391 days to 23 months, effective from August 20 [3] - Union Bank of India offers 6.6% per annum for three years, effective from August 20 [3] - State Bank of India (SBI) provides 6.45% for tenures between 2-3 years for regular citizens and 6.95% for senior citizens, effective from July 15, 2025 [4] - Bank of Baroda offers 6.60% as part of the BOB Square Drive Deposit Scheme (444 days) for regular depositors and 7.10% for senior citizens, effective from September 12, 2025 [4]