Compare Bank Deposit Rates in India

India's economy with a population of 1.19 billion (Est 2010) ranks 4th in the world with a GDP PPP of 3.5 trillion and GDP PPP per capita of 3,015 vs 45,934 (United States) according to the IMF in 2009. Its currency is the Indian Rupee (INR). Bank deposits held for a fixed term in India are called term deposit or fixed deposits. According to CIA.gov its inflation was 8.3% in 2008 and 10.9% in 2009.

Top Deposit Accounts in India

Deposit Account Type Term APY Account Details
Bank of India 1 Year Term Deposit 1 year 9.25% - The rate applies for a period - INR - May, 2012 More Info
Axis Bank 1 Year Fixed Deposit 1 year 9.25% Rate is for 1 year to less than 14 months and on Deposits of Rs 15 lakhs < Rs 50 Lakhs - INR - May, 2012 More Info
IBDI Bank 1 Year Fixed Deposit 1 year 9.25% Rate is applicable for the 'Resident Term Deposits & NRO Deposits' product and is above Rs 15 - INR - May, 2012 More Info
SBI 1 Year Fixed Deposit 1 year 9.25% Applicable for a term ranging from 1 year to 554 days and for Deposit amounts 'Below Rupees One C - INR - Apr, 2012 More Info
PNB 1 Year Fixed Deposit 1 year 9.25% Interest Rate for this Punjab National Bank deposit is for a 1 year term and deposit amount is be - INR - Apr, 2012 More Info
Canara Bank 1 Year Fixed Deposit 1 year 9.25% - INR - May, 2012 More Info
HDFC 1 Year Fixed Deposit 1 year 9.00% Interest Rate is applicable for Deposits less than Rs. 1 Cr for the period 1 year 1 day - 1 year - INR - May, 2012 More Info
HSBC India 1 Year Fixed Deposit 1 year 9.00% Interest rate for fixed deposit is for deposits below INR 15 lacs for the term of 12 months / 1 y - INR - May, 2012 More Info
Citibank India 1 Year Fixed Deposit 1 year 9.00% This interest rate is applies to over a 1 year / 12 month, term ranging 365 days - 400 days. This - INR - May, 2012 More Info
IBDI Bank 6 Month Fixed Deposit 6 month 8.90% The IDBI FD Rate is applicable for the 'Resident Term Deposits & NRO Deposits' product and is - INR - May, 2012 More Info
Bank of Baroda 1 Year Fixed Deposit 1 year 8.75% The interest rate applies for a maturity range between 1 year and up to 443 days for deposit (per - INR - May, 2012 More Info
ICICI 1 Year Fixed Deposit 1 year 8.00%  The interest rate is for a 1 year domestic deposit with a balance of Rs.15 Lacs to less tha - INR - May, 2012 More Info
IBDI Bank 3 Month Fixed Deposit 3 month 8.00% The Interest Rate below is for the FD product 'Resident Term Deposits & NRO Deposits' and is - INR - May, 2012 More Info
HDFC 6 Month Fixed Deposit 6 month 7.75% The latest FD Interest Rate below is applicable to of less than Rs. 1 Cr for the period 6 months - INR - May, 2012 More Info
SBI 3 Month Fixed Deposit 3 month 7.25% The FD interest rate is applicable for a term ranging from 91 to 179 days and for balance 'Below - INR - Apr, 2012 More Info
HDFC 3 Month Fixed Deposit 3 month 7.25% The HDFC FD Interest Rate is applicable for Deposits less than Rs. 1 Cr for the period 91 Days to - INR - May, 2012 More Info
SBI 6 Month Fixed Deposit 6 month 7.00% - INR - Apr, 2012 More Info

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Please note that we aim to keep the above List updated with current rates. Please contact the bank for the precise terms and interest rates of the deposit products before opening an account.