Banks paying highest interest rates in India

What is the safest investment tool you ever heard that gives good returns? Most likely your answer would be "Fixed deposits". Well fixed deposits are the safest investments that return a guaranteed amount of interest. In India banks are the most popular institutes that offer fixed deposit schemes.

If you are looking for banks that offer highest rate of interest for your deposits then you are at the right place. In this page we listed all the popular fixed deposits schemes that offer highest interest rates in India.

These are the interest rates offered to general fixed deposit accounts, which can be opened by anyone. If you are a senior citizen then the interest rates are generally higher by around 0.5% and they are not listed below.

This information is last updated on Dec 28th 2015.

Name Interest Deposit period Bank Website
DCB Bank 8.20% 2 Years to 5 Years Visit bank
DCB Bank 8.15% 18 months to less than 2 Years Visit bank
DCB Bank 8.10% 13 months to less than 18 months Visit bank
Tamilnad Mercantile Bank Ltd 8.10% 777 days Visit bank
Tamilnad Mercantile Bank Ltd 8.05% 555 Days; 5 Years to 10 Years Visit bank
City Union Bank 8.00% 1 Year Visit bank
IndusInd Bank 8.00% 1 Year to below 1 Years 2 Months Visit bank
Standard Chartered Bank 7.95% 376 to 390 Days Visit bank
Tamilnad Mercantile Bank Ltd 7.95% 1 Year to 554 Days; 556 Days to 20 months 20 days Visit bank
Yes Bank 7.95% 24 months 12 days to 24 months 24 days Visit bank
Axis Bank 7.90% 1 Year and upto 2 Years Visit bank
HDFC 7.90% 1 Year Visit bank
ICICI Bank 7.90% 390 days; 391 days to 2 years Visit bank
IndusInd Bank 7.90% 2 years 6 months to below 2 years 9 months Visit bank
Karur Vysya Bank 7.90% 91 Days to 180 Days Visit bank
Kotak Mahindra Bank 7.90% 365 days to 390 days Visit bank
Lakshmi Vilas Bank 7.90% 1 Year to less than 5 Years Visit bank
Yes Bank 7.90% 12 months 10 days to 18 months 18 days Visit bank
Lakshmi Vilas Bank 7.80% 5 Years and above Visit bank
Punjab & Sind Bank 7.80% 1 Year to 2 Years Visit bank
Bank of Maharashtra 7.77% 666 Days Visit bank
Bank of Maharashtra 7.76% 444 Days Visit bank
Andhra Bank 7.75% 1 Year to 10 Years Visit bank
Axis Bank 7.75% 2 Years and upto 5 Years Visit bank
Bank of Maharashtra 7.75% 1 Year Visit bank
Canara Bank 7.75% 1 Year to Less than 5 Years Visit bank
Catholic Syrian Bank 7.75% 400 Days Visit bank
City Union Bank 7.75% Above 1 Year and upto 5 Years Visit bank
HDFC 7.75% 5 Years to 8 Years Visit bank
ICICI Bank 7.75% 1 Year to 389 Days; 2 years to 3 years Visit bank
IDBI Bank 7.75% 1 Years to Less than 2 Years Visit bank
IndusInd Bank 7.75% 2 years 9 months to 61 months Visit bank
Karnataka Bank 7.75% 1 Year to 2 Years Visit bank
Karur Vysya Bank 7.75% 1 year to less than 3 years Visit bank
Kotak Mahindra Bank 7.75% 391 Days - Less than 2 Years Visit bank
State Bank of India 7.75% 456 Days to less than 3 Years Visit bank
Union Bank of India 7.75% 1 Year Visit bank
Vijaya Bank 7.75% 1 Year Visit bank
Yes Bank 7.75% 1 Year to 10 Years Visit bank
South Indian Bank 7.70% 1 Year Visit bank
Union Bank of India 7.70% 1 Year to 3 Years Visit bank
HDFC 7.65% 1 Year to Less than 5 Years Visit bank
Catholic Syrian Bank 7.60% 365 Days to 399 Days Visit bank
Dhanlaxmi Bank 7.60% 365 Days to 3 Years Visit bank
South Indian Bank 7.60% Above 1 year to 3 years Visit bank
Standard Chartered Bank 7.60% 1 Year to 375 days Visit bank
Axis Bank 7.50% 5 Years to 10 Years Visit bank
Bank Of India 7.50% 1 Year and upto 5 Years Visit bank
Bank of Maharashtra 7.50% 2 years to 5 years Visit bank
Canara Bank 7.50% 5 Years to 10 Years Visit bank
Dhanlaxmi Bank 7.50% Above 3 Years to 10 Years Visit bank
IDBI Bank 7.50% 2 Years to 10 Years Visit bank
Karnataka Bank 7.50% Above 2 Years to 10 Years Visit bank
Karur Vysya Bank 7.50% 271 Days to less than 1 Year Visit bank
Kotak Mahindra Bank 7.50% 271 Days to 364 Days Visit bank
Punjab & Sind Bank 7.50% 2 Years Less than 3Years Visit bank
South Indian Bank 7.50% Above 3 years up to and incl.10 years Visit bank
State Bank of India 7.50% 1 year to 455 days Visit bank
Tamilnad Mercantile Bank Ltd 7.50% 180 days Visit bank
Vijaya Bank 7.50% 1 Year to 5 Years Visit bank
Bank Of Baroda 7.30% 1 Year to 5 Years Visit bank
Bank Of India 7.25% 5 Years to 10 Years Visit bank
City Bank 7.25% 541 Days to 1095 Days Visit bank
HSBC 7.25% 731 days Visit bank
Royal Bank of Scotland 7.25% 271 Days and Above Visit bank
Yes Bank 7.25% 3 months to 1 Year Visit bank
Catholic Syrian Bank 7.15% 180 days to 364 days Visit bank
City Bank 7.00% 1 Year to 540 Days Visit bank