Latest FD Rates 2025: SBI Vs PNB Vs HDFC Vs ICICI Vs Canara Bank Vs Axis Bank on 1, 3, 5-Year Fixed Deposits
India’s largest banks continue to offer some of the most competitive FD interest rates in 2025. Here’s a detailed look at the latest rates for 1, 3, and 5-year fixed deposits, updated for general citizens as of October 2025.
SBI (State Bank of India)
For a 1-year FD, SBI offers 6.25% interest. The 3-year FD rate is slightly higher at 6.30%, and for 5 years, investors get 6.05%. SBI also provides special FD rates, such as 6.60% for 444 days. Senior citizens earn an additional 0.5% across most tenures, with rates going as high as 7.10% for select periods.
PNB (Punjab National Bank)
PNB’s 1-year FD rate stands at 6.25%. For a 3-year deposit, the rate goes up to 6.40%, while a 5-year FD fetches 6.25%. The highest available rate is 6.60% for a special 390-day scheme. Senior citizens get 0.50% more than general rates for all tenures.
HDFC Bank
HDFC Bank currently provides 6.60% on both 1-year and 3-year fixed deposits, while the 5-year deposit offers an attractive 7.00%. Senior citizens can get even better rates, up to 7.90% on select long-term deposits through the special senior FD schemes.
ICICI Bank
ICICI Bank matches HDFC with 6.60% on 1-year and 3-year FDs and 7.00% on 5-year fixed deposits. Senior citizens receive up to 7.10% for these popular best-selling tenure options.
Canara Bank
For Canara Bank, the FD rate for 1-year, 3-year, and 5-year deposits is 6.25%. The bank also provides a tax saver FD option at 6.25% for the general public, and 6.75% for senior citizens.
Axis Bank
Axis Bank offers 6.25% for a 1-year deposit, 6.60% for a 3-year plan, and 6.00% for a 5-year FD. Senior citizens enjoy higher returns, with certain 3-year deposits reaching up to 7.10% per annum.
| Bank | 1-Year FD | 3-Year FD | 5-Year FD |
|---|---|---|---|
| SBI | 6.25% | 6.30% | 6.05% |
| PNB | 6.25% | 6.40% | 6.25% |
| HDFC Bank | 6.60% | 6.60% | 7.00% |
| ICICI Bank | 6.60% | 6.60% | 7.00% |
| Canara Bank | 6.25% | 6.25% | 6.25% |
| Axis Bank | 6.25% | 6.60% | 6.00% |
HDFC Bank and ICICI Bank currently lead with the most attractive FD rates for 1, 3, and 5-year terms among these major banks. SBI and PNB are close behind, especially for special tenure schemes. Canara and Axis Bank offer consistent, stable rates, with additional benefits for senior citizens across all products.
Disclaimer:
Interest rates mentioned are indicative as of October 2025 and may vary by branch, deposit amount, and customer category. Please verify with the respective bank before investing.
