FD Rates

Fixed deposits, savings accounts, SCSS, and RD — we track rates daily so you always know where to park your money for the best returns.

• FD Laddering Strategy 2026: Lock Higher Returns Before Rates Fall Further — Five banks revised FD rates in June 2026 as the RBI held repo at 5.25%. Splitting your corpus across 1, 2, and 3-year FDs — laddering — locks in today's top rates of 7.35–7.50% while ensuring one rung matures every year for reinvestment flexibility.
• Best Small Savings Schemes in India 2026 — Ranked by Interest Rate — The government held small savings rates unchanged for the July–September 2026 quarter — the ninth straight quarter without a change. Here is every scheme ranked by rate, from Sukanya Samriddhi at 8.2% to PPF at 7.1%.
• 6 Tax-Saving FD Facts Indians Miss Before Locking In 2026 — A 5-year tax-saving FD gives you a Section 80C deduction up to ₹1.5 lakh — but the interest it pays is fully taxable, not tax-free, and the lock-in has zero exceptions. Here are 6 facts to check before you invest this financial year.
• Why Breaking Your FD Early Doesn't Pay — Loan Against FD Explained (2026) — Need cash before your FD matures? Breaking it early costs a penalty plus a lower recalculated rate. A loan or overdraft against the same FD costs less and keeps your deposit earning its full contracted rate.
• 6 Company FD Facts Indians Miss Chasing 9% Interest Rates in 2026 — Company FDs from NBFCs like Muthoot Capital are paying up to 9.10% in July 2026 — nearly 2 percentage points above the best bank rates. But unlike a bank FD, there's no deposit insurance behind it. Here's what to check before you chase the higher number.
• 5 Special-Tenure FD Facts Indians Miss Comparing 444-Day Rates in 2026 — PNB's 400-day special FD pays 7.25% — a full percentage point above its regular tenures — while SBI's 444-day Amrit Vrishti barely beats its own 1-year rate. Odd-day FDs aren't automatically a better deal. Here's how to actually compare them.
• 6 FD & Savings Account Facts After RBI Held the Repo Rate at 5.25% in 2026 — RBI's June 2026 policy kept the repo rate unchanged at 5.25% and raised its inflation forecast — a combination that makes another rate cut this year less likely and suggests bank FD rates may already be near their floor. Here's what the hold means for your FD and savings account.
• 5 RBI Floating Rate Savings Bond Facts That Beat Most FDs in 2026 — RBI's Floating Rate Savings Bonds are paying 8.05% for July-December 2026 — well above what most bank FDs offer general depositors right now. Here's how the bond actually works, and the lock-in most people miss.
• NRE vs NRO Fixed Deposit 2026: Which One Should NRIs Actually Open? — NRE FD interest is fully tax-free in India and fully repatriable abroad. NRO FD interest is taxed at a flat 30% TDS and capped at $1 million a year for principal repatriation. Picking the wrong one costs real money — here's how NRIs should choose.
• FCNR Deposit 2026: How NRIs Lock In Tax-Free Interest Up to 7% Before RBI's September 30 Deadline — FCNR deposit interest is fully exempt from Indian income tax with zero TDS — a stronger exemption than even an NRE FD carries — and a June 2026 RBI window absorbing banks' hedging costs has pushed dollar rates as high as 7%, but only on deposits booked by September 30, 2026.
• Cumulative vs Non-Cumulative FD 2026: Which Payout Option Actually Fits Your Goal? — Every FD form asks this question and most depositors pick without thinking twice: cumulative, where interest compounds and pays out only at maturity, or non-cumulative, where it lands in your account monthly, quarterly, or annually. The two can differ by tens of thousands of rupees on the same deposit — here's the real math.
• Form 15G and 15H Guide 2026: When to Submit, Who Qualifies, and What Happens If You Miss — Banks deduct 10% TDS on FD interest above ₹40,000 a year — or ₹50,000 for senior citizens. If your total income is below the taxable limit, you can stop this deduction entirely by submitting Form 15G or 15H. Here's exactly how it works and what to do.
• FD Nomination Rules 2026: How to Add Up to 4 Nominees — and What Happens Without One — Until recently, a bank fixed deposit could carry exactly one nominee, full stop. The Banking Laws (Amendment) Act, 2025 changed that from November 1, 2025 — depositors can now name up to four nominees, either splitting the payout by percentage or lining them up in succession. Here's what changed, how to add or update nominees on an existing FD, and exactly what your family has to do if you never got around to it.
• Green Fixed Deposits in India 2026: RBI's Green Deposit Framework, Which Banks Offer It, and Do You Actually Earn More — SBI, HDFC Bank, IndusInd Bank, and half a dozen others now sell a 'green' fixed deposit under RBI's 2023 framework — but the rulebook doesn't require banks to pay you a premium for going green, and some pay less. Here's what a green FD actually funds, which banks offer one in 2026, and whether the label changes your return.
• FD vs Debt Mutual Funds 2026: Which Actually Gives You Better Post-Tax Returns? — Debt mutual funds used to beat bank FDs on tax — until the Finance Act 2023 quietly took that edge away. Gains on units bought after April 2023 are now taxed exactly like FD interest, at your slab rate, with no holding-period benefit left. Here's the real post-tax comparison for 2026.
• FD Premature Withdrawal Penalty Rules 2026: Bank-Wise Comparison (SBI, HDFC, ICICI, PNB) — Break a fixed deposit early and banks don't just knock off a flat percentage — they recompute your interest at the rate for however long you actually held it, then deduct a separate penalty from that already-lower number. Here's exactly how SBI, HDFC, ICICI, and PNB apply this, and what it actually costs on a real deposit.
• How to Claim a Fixed Deposit After the Holder's Death: Nomination, Survivorship, and Legal Heir Rules (2026) — A bank FD doesn't freeze forever when the holder dies — but the process changes completely depending on whether there's a nominee, a surviving joint holder, or no nomination at all. RBI's 2025 Directions set a 15-day settlement clock and a higher no-documents threshold most families don't know about.
• Real Return on Fixed Deposits in 2026: Why Your FD Might Be Losing to Tax and Inflation — A 6.5% FD sounds safe — until you subtract your tax slab and then subtract inflation on top of that. Run the actual numbers and many depositors in the 20% and 30% brackets are earning close to nothing in real terms, or losing money outright.
• Callable vs Non-Callable Fixed Deposit 2026: What RBI's ₹1 Crore Rule Actually Means — Cross ₹1 crore in a single fixed deposit and banks can offer you something retail depositors never see — an FD you cannot break before maturity, in exchange for a slightly higher rate. Here's the exact RBI rule that draws this line, and whether giving up premature withdrawal is actually worth it.
• FD Compounding Frequency 2026: Why a 'Monthly Payout' FD Doesn't Pay 1/12th of the Annual Rate — Pick 'monthly payout' on an FD form and most depositors assume the bank is just splitting the annual rate into twelve equal slices. It isn't — the payout is discounted against RBI's quarterly-compounding default, so a monthly FD quietly earns less than a quarterly one at the identical quoted rate.
• FD Auto-Renewal Rules 2026: What Happens to Your Deposit If You Do Nothing at Maturity — Most fixed deposits renew themselves automatically at maturity — for the same tenure, at whatever rate the bank is offering that day, not the rate you originally locked in. If you haven't checked your FD's maturity instructions in years, the renewed rate might be quietly lower than you think.
• Tax-Free Bonds India 2026: Why These NHAI, PFC & REC Bonds Still Beat FDs for the 30% Tax Bracket — No tax-free bond has been issued in India since 2016 — yet old NHAI, PFC, and REC bonds still trade on the NSE and BSE, paying interest that's 100% exempt under Section 10(15). Here's what they actually yield today, and who they suit.
• FD Marketplace Apps in India 2026: How Stable Money, Bajaj Markets and INDmoney Actually Work — Apps like Stable Money, Bajaj Markets and INDmoney now let you book a fixed deposit with a small finance bank paying 8-9% in a few taps — well above what SBI or HDFC offer directly. Before you move money through one, here's what these apps actually do with your KYC, who holds your deposit, and where DICGC insurance does and doesn't apply.
• Splitting FDs Across Multiple Banks to Avoid TDS in 2026: How the Per-Bank Threshold Actually Works — TDS on FD interest kicks in per bank, not on your total interest across accounts — a detail that lets splitting deposits across multiple banks legally delay when tax is withheld, though not what you actually owe. Here's exactly how the ₹50,000 threshold works, and why it's a cash-flow trick, not a tax-saving one.
• Company FD Credit Ratings Explained 2026: What CRISIL FAAA, ICRA MAAA, and CARE AAA Actually Mean for Your Deposit Safety — A CRISIL 'FAAA' and an ICRA 'MAAA' both mean the same thing — highest safety — but neither is the plain 'AAA' most investors think they're reading. Company FDs carry no DICGC insurance, so the rating is the only real safety check you get. Here's how to actually read one before you chase a high rate.
• FD Interest Certificate 2026: How to Download Form 16A and Your Bank's TDS Certificate — Every bank issues an interest certificate for your FD — but only some of them are Form 16A, and the difference matters when you file your ITR. Here's exactly where to download each one, and what to do if the figures don't match Form 26AS.
• PPF vs Fixed Deposit 2026: Which Wins for a 15-Year Savings Goal? — PPF pays a flat 7.1% but every rupee of that interest is tax-free forever, while a bank FD's higher-looking headline rate gets taxed away every single year. Here's the post-tax math that actually decides which one builds more money for a long-term goal — and why the new tax regime changes the comparison less than you'd think.
• Digital FDs in 2026: Opening a Fixed Deposit via Net Banking or UPI Without Visiting a Branch — Booking a fixed deposit used to mean a branch visit and a physical form. In 2026, most banks let you open, renew, and break an FD entirely from a net banking dashboard or mobile app, and a UPI-linked route now lets you fund one directly from your UPI-enabled account. None of this changes what the FD actually is — same DICGC cover, same taxation — but the mechanics of opening, tracking, and closing one have shifted enough that the old branch-based instructions are now the exception, not the rule.
• What Happens to Your Fixed Deposit When a Bank Merges, Is Acquired, or Fails? (2026 Guide) — A bank merger doesn't touch your FD's rate or maturity date — the new entity honours the old terms. A bank failure is a different story: withdrawal caps kick in overnight, and the ₹5 lakh DICGC insurance limit becomes the number that actually matters. Here's what changes in each scenario, and how to structure your deposits so a single bank's trouble never threatens your full FD corpus.
• NRI FD TDS in 2026: How Section 195's ~31.2% Withholding Works, and How a DTAA Cuts It — NRO fixed deposit interest isn't taxed like a resident's FD — Section 195 deducts TDS from the very first rupee, with no ₹40,000 threshold and a default rate of roughly 31.2% before any surcharge. A Double Taxation Avoidance Agreement can bring that down to 10-15%, but only if you submit the right paperwork to your bank before the interest is credited.
• Neobank Fixed Deposits in India 2026: Why Your FD Sits With a Partner Bank, Not the App — A neobank like Jupiter or Niyo doesn't hold a banking licence of its own — every rupee parked in an in-app FD actually sits with a licensed partner bank behind it. Fi Money's banking app shutdown in March 2026 and Niyo's earlier split from Equitas Small Finance Bank show exactly why that distinction determines whether your money is safe once the app itself disappears.
• Bulk vs Retail Fixed Deposit 2026: Why Crossing ₹3 Crore Doesn't Guarantee a Better Rate — Cross ₹3 crore in a single FD and your rate stops being the bank's published card rate and becomes something negotiated instead — which can land above or below what a retail depositor gets, depending on how much the bank wants your money that week.
• Why the Longest Fixed Deposit Isn't Always the Highest-Paying One: The 2026 FD Rate Curve Explained — Ask most savers which FD pays the most and they'll say the longest one. In 2026, several banks are quietly paying their best rate on an 18-to-24-month deposit instead — while both shorter and longer tenures, including many 5-year tax-saver FDs, pay less.
• Corporate Fixed Deposits India 2026: Is the Extra 2% Interest Worth the Risk? — NBFCs and housing finance companies are advertising fixed deposits at 8–9% while bank FDs sit near 6.5%, and the temptation to chase the extra return is obvious. What most rate-comparison pages leave out is a TDS rule that bites at a fraction of the bank FD threshold, and a risk no deposit insurance number can paper over.
• Lost Your Fixed Deposit Receipt? How to Get a Duplicate FDR Issued in India (2026) — A misplaced fixed deposit receipt feels like lost money, but the FDR is just a paper record — the deposit itself sits safely in the bank's books under your account. Here's the actual process to get a duplicate issued, what it costs, and why most banks barely need the paper anymore.
• Fake Fixed Deposit Receipts in India 2026: How to Verify Your FD Is Genuine Before You Rely On It — An agent promises a rate no bank publishes, hands over a receipt with a real-looking FD number, and the money is gone before anyone checks whether it ever reached a bank. Fake and unauthorised FD schemes keep resurfacing in India precisely because a paper receipt looks identical whether the deposit is genuine or not — here's how to actually tell the difference.
• NRE FD Premature Withdrawal 2026: The Exchange-Rate Loss the Bank's Penalty Never Mentions — Break an NRE FD before it completes one year and RBI's rule is blunt: zero interest, not a discounted rate. Clear that mark and there's a second, quieter cost sitting underneath the bank's own penalty — whatever the rupee has done against your foreign currency since the day you funded the deposit, locked in the moment you convert the money back.
• TDS on FD Interest When Your PAN Is Inoperative 2026: Section 206AA's 20% Rate, and the Relief Window That Fixes It — Section 194A already sets a 10% TDS rate on FD interest above the threshold. What most FD holders don't realise is that a separate section, 206AA, can override that rate entirely — jumping it to a flat 20% — for a reason that has nothing to do with the FD itself: an inoperative PAN, the automatic status a PAN carries the moment it isn't linked to Aadhaar.
• Co-operative Bank FD Safety in 2026: Higher Rates, RBI Restrictions, and What DICGC Actually Pays You — Co-operative banks often pay noticeably more on fixed deposits than the big banks. The trade-off only becomes visible on the day the RBI freezes withdrawals — and knowing in advance how the ₹5 lakh DICGC cover and its 90-day payout work decides whether that day is an inconvenience or a crisis.
• Tax Saver FD 2026: The 5-Year Lock-In, the ₹1.5 Lakh 80C Deduction, and Why It Is Useless Under the New Regime — A tax saver FD looks like a 12–13% investment for someone in the 30% slab — until you notice that almost all of that return is the Section 80C deduction, not the FD rate. Here is how the five-year lock-in works, what it really earns, and who should still buy one in 2026.