FD पर 8.25% तक की ब्याज दर, देखें बैंकों की पूरी सूची – FD Interest Rate 2025

FD Interest Rate 2025: Some banks are still offering senior citizens (60 years and more), which are up to 8.25% interest on fixed deposits (FDs) for a period of three years with a maximum limit of Rs 3 crore. In addition to FD interest rates given to ordinary depositors, banks and NBFCs usually have 0.50% PA to elderly citizens. Many banks offer an additional interest rate of 0.20% to 0.50% at the top of their senior citizens FD rates for their special plans and/or special tenure.

For example, the ICICI Bank provides less than 18 months of senior citizen FD rates over a period of 15 months (0.10%) of 50 basis digits of the current additional senior citizen FD rates. Additionally, very senior individuals (those 80 years and older) can avail the increased interest rates offered by some banks and NBFCs. For example, the Indian bank gives an additional interest rate of 0.75% PA for five yearsto highly elderly senior (FD depositors 80 years and above) and additional interest rate of 1% for five to ten years old deposits.

FD Interest Rate 2025

FD Rate Of Up To 8.25%

Slice Small Finance Bank offers fixed deposits with a three-year term at an interest rate of 8.25%.

FD Rate for Senior Citizens up to 8.15%

For senior citizens, Utkarsh Small Finance Bank is issuing FDs with three-year terms at an interest rate of 8.15%.

FD Rate of up to 8%

For FDS with a three -year term, Jana Small Finance Bank is offering interest rates up to 8%. Additionally, Shivalik Small Finance Bank is providing up to three years FD interest rates of up to 8%.

When is the bank FDS under TDS deduction?

If the interest from a fixed deposit (FD) in a certain bank is more than Rs 1 lakh, the bank will have to deduct the tax in the source (TDS). Keep in mind that TDS is not an additional tax. When you file your Income Tax Return (ITR), you can claim it as a refund or cut it out of your overall responsibility. Additionally, if you are eligible for one, you may be eligible for interest on your tax return.

For example, under the new tax regime for FY 2025-2026, a senior adult with income of Rs 11 lakh will not be required to pay income tax due to Section 87A tax exemption. Under the new tax regime for the financial year 2025-2026, the income of up to Rs 12 lakh is eligible for the corresponding tax.

If the total income of a senior citizen, all taxes and Section 87A exemption is less than the taxable limit – Rs 12 lakh under the new tax regime or Rs 5 lakh under the previous one – they can also file Form 15H to avoid TDS deduction. Despite the fact that annual income less than Rs 12 lakh has been freed from income tax, banks and other financial institutions will still cut TD.

This is due to the fact that the law suggests that they cut the TD if the interest or income amount is more than a specific limit, which is Rs 1 lakh for senior citizens. Banks will cut TDS after the annual interest exceeds Rs 1 lakh as they are unaware of personal tax obligations. Therefore, send banks to Form 15H to inform.

Latest Fixed Deposit Interest Rates 2025

According to the prescribed provision and its rules, a resident person can provide a self-proclamation to the person responsible for paying some income to a person 60 years or older (a senior citizen) person in Form 15H (including interest on fixed deposits), stating that his estimated total income (including such income) will be tax “zero”. This is done to ensure that in question the person does not deduct any tax on such an income. This information has been explained by Sanjoli Maheshwari, Executive Director of Nangia and Company LLP.

Under the new regime starting in AY 2026–2027, the benefit of Section 87A exemption available for residents with taxable income of Rs 12 lakh will be taken into consideration while calculating tax on expected total income. In its light, a senior citizen may have filed Form 15H to avoid interest on fixed deposits levied at the source of Rs 12 lakh under the new tax regime in AY 2026-27 and after accounting for qualified discounts under Section 87A, it is “zero”.

Documents for Opening FD Account for Senior Citizens

A depositor can immediately start a fixed deposit account by logging on to pure banking or mobile banking, or they can only bring the required paperwork in the branch if they want to open a one in the same bank where they currently have a current account or savings account. The concerned depositor should visit the bank branch with relevant paperwork as per the rules of KYC (knowing his customer) if they are not bank customers.

• Identity Proof
• Senior citizen ID card
• Passport
• PAN card
• Voter ID card
• Driving licence
• Photo ration card
• Address Proof
• Passport
• Telephone bill
• Electricity bill
• Bank Statement with Cheque
• Certificate/ ID card issued by Post office

Best Tax-saver FD Interest Rate

Top tax-Saving FD investors often wish to reduce their tax obligations and choose FDs, also called 5-year-old tax saver FDS. FDs that qualify for 1.5 lakh deductions under section 80c of the income tax act are known as tax-saver FDs. Top tax-shouted FDs are listed in the table below:

Which bank is giving the highest FD interest rate in 2025?

In 2025, several small finance banks are offering the highest FD interest rates, going up to 8.25%. Leading names include Equitas Small Finance Bank, Jana Small Finance Bank, and Unity Small Finance Bank, providing higher returns compared to traditional public sector banks.

What is the latest FD interest rate in SBI 2025?

State Bank of India (SBI) is offering FD interest rates ranging between 3.50% and 7.10% in 2025, depending on the deposit tenure. Senior citizens get an additional 0.50% interest on their fixed deposits, making SBI FDs a secure investment choice with reliable returns.

Are FD rates better in private banks or public banks in 2025?

In 2025, private and small finance banks generally offer higher FD interest rates, sometimes up to 8.25%, compared to public sector banks, which usually range between 6% to 7.25%. However, public banks provide more safety and stability, making them attractive for risk-averse investors.

Can senior citizens get higher FD rates in 2025?

Yes, senior citizens receive additional benefits on FD rates in 2025. Most banks provide 0.50% to 0.75% extra interest for senior citizens. This means if the regular FD rate is 7.50%, seniors can earn up to 8.25%, ensuring better monthly income post-retirement.

Which banks are offering FD interest above 8% in 2025?

In 2025, banks like Unity Small Finance Bank, Jana Small Finance Bank, and Suryoday Small Finance Bank are offering fixed deposit interest rates above 8%. These higher rates are usually available on longer tenures, helping depositors earn attractive and secure returns on investment.

Is investing in FD in 2025 safe compared to other schemes?

Yes, investing in FD remains one of the safest options in 2025. Bank FDs are low-risk, regulated by the RBI, and deposits up to ₹5 lakh are insured under DICGC. While returns are lower than equities, FDs provide guaranteed income and capital safety.

What is the minimum deposit amount required for FD in 2025?

The minimum deposit amount for FD varies by bank in 2025. Most banks allow fixed deposits starting from as low as ₹1,000, while some private banks may require ₹5,000 or more. Investors can choose tenure and deposit amount based on their financial goals.

FAQs on FD Interest Rate 2025