What is a Fixed Deposit?
Fixed Deposit, also known as Term Deposit, is an investment product that provides guaranteed returns to its investors. It invests for a fixed tenure at fixed interest rates that are offered at the time of opening a Fixed Deposit. FDs are offered by Banks, Non-Banking Financial Companies (NBFCs), and corporate institutions. NBFCs and Corporate bodies offer higher interest rates than banks.
LIC Housing Finance Ltd
Mahindra Finance
Shriram Finance
Bajaj Finance
PNB Housing Finance
ICICI Home Finance
Best Fixed Deposit Interest Rates in 2025
Fixed Deposit Interest Rates are always changing, so investors must keep up with the recent developments. Knowing the current interest rates can help individuals maximize their earnings, as banks and other fiscal associations always change their rates. These rates change according to the issuer, the depositor's age, and the length of the deposit. Investors can make wise choices and safely invest their savings to lock-in attractive rates by following these rates. To get the top returns on your investment, check the Best Fixed Deposit Interest Rates in 2025 before investing.
|
|
|
|
|
|---|---|---|---|
| Interest Rate (Non-Senior Citizen) | 7.00% | 7.60% | 6.95% |
| Interest Rate (For Senior Citizen) | 7.25% | 8.10% | 7.30% |
| Tenure | 36 Months | 36 Months | 24 Months |
| Rating | FAAA | AA+ | AAA |
Why We Choose the Best Fixed Deposit Schemes for Safe Investment?
It is, also called Corporate Fixed Deposit, similar to regular fixed deposit schemes, but they are provided by corporate entities and NBFCs. Similar to banks, the Reserve Bank of India allows certain NBFCs to take deposits at a fixed interest rate and duration, ensuring regulatory oversight. Investors must look at solutions that offer steady returns, and Fixed Deposit stand out for their attractive interest rates.
Fixed deposit interest rates don't change even when the market conditions change. You will particularly benefit from this stability if you're seeking steady returns that involves low risk.
Moreover, Best Fixed Deposit provide duration flexibility, with options spanning from a few months to several years. This allows you to invest as per your long-term or short-term financial needs.
Similar to Bank FDs, corporate fixed deposits also offer the following benefits
- I Fixed Interest Rates
- II Flexible Tenure Options
- III Flexible Interest Payout Frequency
- IV Additional Interest for Senior Citizens
Two additional benefits of corporate fixed deposits compared to bank fixed deposits are
- I The Interest Rates are typically higher than those offered by banks
- II In this, the penalty period for withdrawing early is shorter
Taxation on the Best Fixed Deposit Interest Rates in 2025
The amount of tax taken from Taxation on Best Fixed Deposit Interest rates.
The amount of tax taken from Fixed Deposits interest varies depending on who holds the account
-
I
According to Section 195 of the IT Act 1961, the TDS rate for non-resident Indians (NRIs) is 30% plus extra charges.
-
II
For Indian citizens, the TDS rate on interest is 10%, but only if the interest earned is more than Rs. 5000.
-
III
Senior citizens pay a 10% TDS on FD interest. But if their total income, including FD interest, is below Rs. 5,00,000 per year, they're exempt from tax.
To avoid tax deductions on Fixed Deposit, submit either Form 15G or 15H to your bank or NBFC at the start of the financial year.
What are Corporate Fixed Deposits?
Corporate Fixed Deposit is an investment instrument that is offered by credit worthy companies where investors can deposit a fixed amount for a specific term in exchange for a fixed interest rate. Unlike traditional banks and NBFCs, Corporations typically offer higher interest rates to attract investors with their fixed deposit schemes.
Corporate FDs operate as funding sources for companies, supporting them to raise capital for various operational and growth-related needs. These deposits hold a degree of risk, as they are not insured by government agencies, so investors should evaluate the company's credit rating and financial stability before investing.
Why should you consider investing in Fixed Deposits for corporate growth in 2025?
Higher Returns
Fixed Deposit is offered by Companies provide higher interest rates than traditional bank fixed deposits, making them an attractive investment option for those looking to earn higher returns.
Fixed Returns
Corporate Fixed Deposit offers a fixed rate of return, which means that investors can expect to earn a predetermined amount of interest on their investments. This makes it easier to plan and manage finances.
Diversification
Investing in Corporate Fixed Deposit provides diversification to an investment portfolio. It can help balance the risk-reward profile of an investor's overall portfolio.
Tenure
Fixed Deposits usually have a fixed tenure, which can range from a few months to a few years. This can help investors plan their investments and liquidity needs accordingly.
Credit Rating
Companies offering corporate Fixed Deposits typically have their credit rating evaluated by credit rating agencies, which can provide investors with an indication of the creditworthiness of the company. This can help investors make more informed decisions about their investments.
Why Invest in Fixed Deposit with RR Finance
Investing in a fixed deposit with RR Finance is a smart choice for secure and guaranteed returns. Fixed deposit investment offers stability, making it ideal for those seeking low-risk options to grow their wealth. At RR Finance, we provide attractive Fixed Deposit Savings plans with competitive interest rates, ensuring your money works for you without market volatility. Whether you are saving for the short term or long term, our fixed deposit solutions are designed to meet your financial goals. Secure your future with RR Finance's trusted fixed deposit investment options today!
Frequently Asked Questions
Fixed Deposit Calculator
Principal: ₹
Total Interest: ₹
Maturity Value: ₹
100% Online
Seamless Investment Process
In-depth product information
Review all information before you invest
Authorised Distributor
Pioneer National Distributor of Corporate FD's
Top 10 Bank FD Rates (2025)
Compare the best fixed deposit rates across India’s top banks. Click below to view each bank’s FD details.
Interest Rate: 6.75% (Regular) | 7.25% (Senior Citizens)
Interest Rate: 7.00% (Regular) | 7.50% (Senior Citizens)
Interest Rate: 6.85% (Regular) | 7.35% (Senior Citizens)
Interest Rate: 7.10% (Regular) | 7.60% (Senior Citizens)
Interest Rate: 6.90% (Regular) | 7.40% (Senior Citizens)
Interest Rate: 7.15% (Regular) | 7.65% (Senior Citizens)
Interest Rate: 7.00% (Regular) | 7.50% (Senior Citizens)
Interest Rate: 7.25% (Regular) | 7.75% (Senior Citizens)
Interest Rate: 7.50% (Regular) | 8.00% (Senior Citizens)
Interest Rate: 6.80% (Regular) | 7.30% (Senior Citizens)
Fixed Deposit FAQs (2025)
Find answers to the most common questions about fixed deposits in India.
Fixed Deposit Rates Comparison
Compare FD interest rates across top private and public sector banks in India
FD Rates Comparison (General Public)
| Bank | 7-45 Days | 46-179 Days | 180-210 Days | 1 Year | 2 Years | 3-5 Years | 5+ Years |
|---|---|---|---|---|---|---|---|
| HDFC Bank | 3.00% | 4.50% | 5.75% | 6.80% | 7.00% | 6.75% | 6.50% |
| ICICI Bank | 3.00% | 4.75% | 5.75% | 6.90% | 7.10% | 6.90% | 6.70% |
| Kotak Mahindra | 2.75% | 4.50% | 5.75% | 6.80% | 7.00% | 6.70% | 6.50% |
| Axis Bank | 3.00% | 4.75% | 5.75% | 6.85% | 7.05% | 6.90% | 6.70% |
| Yes Bank | 4.00% | 5.50% | 6.50% | 7.50% | 7.75% | 7.25% | 7.00% |
| SBI | 3.50% | 5.50% | 6.00% | 6.80% | 7.00% | 6.75% | 6.50% |
| PNB | 3.50% | 4.50% | 6.00% | 6.75% | 7.00% | 6.50% | 6.50% |
| Bank of Baroda | 4.25% | 5.50% | 5.75% | 6.85% | 7.25% | 6.50% | 6.50% |
| Canara Bank | 4.00% | 5.50% | 6.15% | 6.85% | 6.85% | 6.80% | 6.70% |
| Bank of India | 3.00% | 4.50% | 5.50% | 6.80% | 7.25% | 6.50% | 6.00% |
Note: Interest rates are subject to change. Please check with the respective banks for the most current rates. Senior citizen rates are typically 0.25% to 0.50% higher than general rates.
Highest FD Rates - Private Banks
- Yes Bank - Up to 7.75%
- Axis Bank - Up to 7.05%
- ICICI Bank - Up to 7.10%
- HDFC Bank - Up to 7.00%
- Kotak Mahindra - Up to 7.00%
Highest FD Rates - PSU Banks
- Bank of Baroda - Up to 7.25%
- Bank of India - Up to 7.25%
- SBI - Up to 7.00%
- PNB - Up to 7.00%
- Canara Bank - Up to 6.85%
Data compiled from official bank websites. Rates are for domestic fixed deposits below ₹2 crores.
Fixed Deposit Rates Comparison
Compare FD interest rates across top private and public sector banks in India
FD Rates Comparison (General Public)
| Bank | 7-45 Days | 46-179 Days | 180-210 Days | 1 Year | 2 Years | 3-5 Years | 5+ Years |
|---|---|---|---|---|---|---|---|
| HDFC Bank | 3.00% | 4.50% | 5.75% | 6.80% | 7.00% | 6.75% | 6.50% |
| ICICI Bank | 3.00% | 4.75% | 5.75% | 6.90% | 7.10% | 6.90% | 6.70% |
| Kotak Mahindra | 2.75% | 4.50% | 5.75% | 6.80% | 7.00% | 6.70% | 6.50% |
| Axis Bank | 3.00% | 4.75% | 5.75% | 6.85% | 7.05% | 6.90% | 6.70% |
| Yes Bank | 4.00% | 5.50% | 6.50% | 7.50% | 7.75% | 7.25% | 7.00% |
| SBI | 3.50% | 5.50% | 6.00% | 6.80% | 7.00% | 6.75% | 6.50% |
| PNB | 3.50% | 4.50% | 6.00% | 6.75% | 7.00% | 6.50% | 6.50% |
| Bank of Baroda | 4.25% | 5.50% | 5.75% | 6.85% | 7.25% | 6.50% | 6.50% |
| Canara Bank | 4.00% | 5.50% | 6.15% | 6.85% | 6.85% | 6.80% | 6.70% |
| Bank of India | 3.00% | 4.50% | 5.50% | 6.80% | 7.25% | 6.50% | 6.00% |
Note: Interest rates are subject to change. Please check with the respective banks for the most current rates. Senior citizen rates are typically 0.25% to 0.50% higher than general rates.
Highest FD Rates - Private Banks
- Yes Bank - Up to 7.75%
- Axis Bank - Up to 7.05%
- ICICI Bank - Up to 7.10%
- HDFC Bank - Up to 7.00%
- Kotak Mahindra - Up to 7.00%
Highest FD Rates - PSU Banks
- Bank of Baroda - Up to 7.25%
- Bank of India - Up to 7.25%
- SBI - Up to 7.00%
- PNB - Up to 7.00%
- Canara Bank - Up to 6.85%
Data compiled from official bank websites. Rates are for domestic fixed deposits below ₹2 crores.