FD Rates ready reckoner: Best fixed deposit interest rates from PSU, private & small finance banks in 2026

Core Insights - The article highlights the current fixed deposit (FD) interest rates offered by small finance banks, private sector banks, and public sector banks, indicating that small finance banks provide some of the highest rates in the sector, with returns reaching up to 7.90% per annum for select tenures [2][9]. Small Finance Banks - Small finance banks are offering competitive FD interest rates, with the highest rate being 7.90% per annum for a tenure of 5 years at Suryoday Small Finance Bank [2][3]. - Other notable rates include: - Jana Small Finance Bank: 7.77% for tenures above 3 years to 5 years [3]. - Equitas Small Finance Bank: 7.20% for 888 days [3]. - AU Small Finance Bank: 7.10% for a tenure of 30 months to 36 months [3]. Private Sector Banks - SBM Bank India offers the highest FD interest rate of 7.30% per annum for a tenure above 18 months to less than 2 years and 3 days [4][9]. - Bandhan Bank and RBL Bank both provide a rate of 7.20% for tenures of 18 months to less than 3 years [4][9]. - Other rates include: - Axis Bank: 6.45% for tenures from 15 months to 10 years [5]. - DCB Bank: 7.15% for a tenure of 60 months to 61 months [6]. Public Sector Banks - Punjab & Sind Bank offers the highest interest rate of 6.75% for a tenure of 666 days [7][9]. - Bank of India provides an FD interest rate of 6.70% for a tenure of 450 days [7][9]. - Other notable rates include: - Bank of Maharashtra: 6.65% for a tenure of 400 days [8]. - Canara Bank: 6.50% for a tenure of 555 days [8].