FD Rate Update: Banks That Have Revised Their Fixed Deposit Interest Rates in 2026

by | May 20, 2026

FD rates revised 2026

Synopsis: Many banks have revised FD rates in response to changing liquidity conditions and interest rate cycles. This article highlights key banks and their updated FD rates across different tenures. It helps investors compare returns and make informed deposit decisions.

Due to shifts in Reserve Bank of India policy stance, inflation trends, and evolving credit demand the banks took a notable step to revise the FD rates. As interest rates adjust, banks realign deposit rates to manage margins and attract funds. These revisions directly impact returns for conservative investors relying on fixed income instruments. Banks that have revised their FD Rates in 2026

1. HDFC Bank

  • 1 year to 15 months
    • The FD interest rate for general citizen per annum is 6.25% and for senior citizen is 6.75% on less than ₹5 crore
  • 3 years 1 day to 55 months
    • The FD interest rate for general citizen per annum is 6.50% and for senior citizen is 7.00% on less than ₹3 crore
  • 3 years 1 day to 5 years (equal to or more than ₹3 crore to less than ₹5 crore)
    • The FD interest rate for general citizen per annum is 6.35% and for senior citizen is 6.85% on FD equal to or more than ₹3 crore to less than ₹5 crore
  • 5 years 1 day to 10 years
    • The FD interest rate for general citizen per annum is 6.15% and for senior citizen is 6.65% on less than ₹5 crore

2. ICICI Bank

  • 3 years 1 day to 5 years
    • The FD interest rate for general citizen per annum is 6.50% and for senior citizen is 7.1% on less than ₹5 crore for domestic fixed deposit
    • The FD interest rate is 6.5% on less than ₹5 crore for NRI
  • 5 years 1 day to 10 years
    • The FD interest rate for general citizen per annum is 6.50% and for senior citizen is 7% on less than ₹5 crore for domestic fixed deposit
    • The FD interest rate is 6.5% on less than ₹5 crore for NRI

3. Axis Bank

  • 1 year to 1 year 10 days
    • The FD interest rate for general citizen per annum is 6.25% and for senior citizen is 6.75% on less than ₹5 crore for domestic fixed deposit
    • The FD interest rate is 6.25% on less than ₹5 crore for NRE
  • 2 year to less than 3 years
    • The FD interest rate for general citizen per annum is 6.45% and for senior citizen is 6.95% on less than ₹3 crore for domestic fixed deposit
    • The FD interest rate for general citizen per annum is 6.60 % and for senior citizen is 7.10% on ₹3 crore and less than ₹5 crore for domestic fixed deposit
    • The FD interest rate is 6.45% on less than ₹3 crore for NRE
  • 3 years to less than 5 years
    • The FD interest rate for general citizen per annum is 6.45% and for senior citizen is 6.95% on less than ₹3 crore for domestic fixed deposit
    • The FD interest rate for general citizen per annum is 6.60 % and for senior citizen is 7.10% on ₹3 crore and less than ₹5 crore for domestic fixed deposit
    • The FD interest rate is 6.45% on less than ₹3 crore for NRE
  • 5 years to 10 years
    • The FD interest rate for general citizen per annum is 6.45% and for senior citizen is 7.20% on less than ₹3 crore for domestic fixed deposit
    • The FD interest rate for general citizen per annum is 6.60% and for senior citizen is 7.35% on ₹3 crore and less than ₹5 crore for domestic fixed deposit
    • The FD interest rate is 6.45% on less than ₹3 crore for NRE

Also Read: Post Office FD vs Bank FD: Which One Actually Pays You More in 2026?

4. YES Bank

  • 12 months 1 day to less than 18 months
    • The FD interest rate for general citizen per annum is 6.75% and for senior citizen is 7.25% on less than ₹3 crore for domestic fixed deposit
  • 24 months to less than 35 months
    • The FD interest rate for general citizen per annum is 7.00% and for senior citizen is 7.50% on less than ₹3 crore for domestic fixed deposit
  • 60 months (5 years)
    • The FD interest rate for general citizen per annum is 6.75% and for senior citizen is 7.50% on less than ₹3 crore for domestic fixed deposit
  • 60 months 1 day to 120 months
    • The FD interest rate for general citizen per annum is 6.75% and for senior citizen is 7.50% on less than ₹3 crore for domestic fixed deposit

5. Bank of India

  • 1 year
    • The FD interest rate for general citizen per annum is 6.50% and for senior citizen is 7.00% on less than ₹3 crore
  • 3 years
    • The FD interest rate for general citizen per annum is 6.70% and for senior citizen is 7.45% on less than ₹3 crore
  • 5 years to less than 8 years
    • The FD interest rate for general citizen per annum is 6.00% and for senior citizen is 6.75% on less than ₹3 crore

6. Suryoday Small Finance Bank

  • 1 year
    • The FD interest rate for general citizen per annum is 7.25% and for senior citizen is 7.40% on less than ₹3 crore
  • 30 months
    • The FD interest rate for general citizen per annum is 8.10% and for senior citizen is 8.25% on less than ₹3 crore
  • 5 years
    • The FD interest rate for general citizen per annum is 7.90% and for senior citizen is 8.05% on less than ₹3 crore
  • Above 5 years to 10 years
    • The FD interest rate for general citizen per annum is 7.25% and for senior citizen is 7.40% on less than ₹3 crore

Banks that have revised FD Rates in 2026

Please Note: This table only contains the highest fd rates in different tenures and different FD amounts. For more specific details please contact the respective bank.

All in all

The 2026 FD rate revisions show a clear divergence between large banks and small finance banks in terms of returns. While higher rates may seem attractive, investors should balance safety, liquidity, and returns. Choosing the right FD now depends as much on risk preference as on interest rates.

Written by Jahnavi

  • : Author

    Jahnavi is a Finance Content Writer at Trade Brains. She writes on mutual funds, credit cards, personal finance, taxation, equity research, market and business trends with a focus on delivering relevant articles to the viewers. She holds a BSc in Mathematics, Economics and Computer Science and a postgraduate degree in MCA, combining her financial knowledge with technical expertise.