March 2026 Bank FD Rates Updated: Complete Guide to Highest Interest Options for Short and Long-Term Deposits

March 2026 Fixed Deposit Interest Rates Revealed Across Top Banks, Highest Returns Detailed for Investors: Fixed deposits remain one of the most reliable investment options for individuals seeking secure returns while preserving capital. With March 2026 underway, major banks have updated their FD interest rates, providing investors a clear picture of potential earnings. This is an important moment for anyone planning to invest in fixed deposits, as strategic planning can help maximise returns across tenures ranging from a few months to several years. Comparing the latest rates ensures investors make informed decisions based on both tenure and interest offered.

HDFC Bank FD Rates

HDFC Bank has revised its interest rates effective from 6 March, 2026. The bank offers a range of terms from 7 days up to 10 years. For durations between 9 months 1 day and less than 1 year, the interest is set at 5.75%. Deposits for 2 years 11 months 1 day to 3 years attract 6.45%, while FDs lasting 4 years 7 months 1 day to 5 years earn 6.40%. Long-term FDs spanning 5 years 1 day to 10 years offer 6.15% interest.

Competitive Rates from Other Banks

Yes Bank, effective from 5 March, 2026, offers 6.65% for 1-year FDs and 7% for 3-year deposits. Bandhan Bank provides 7.25% for FDs with tenures between 2 years and less than 3 years. For investors seeking the highest yields, Suryoday Small Finance Bank leads with a 7.25% return on 1-year FDs and an impressive 7.90% on 5-year deposits, making it a compelling option for long-term planning.

Special Schemes and Bank of India Offers

Bank of India has updated its FD rates, offering 6.25% for 1-year deposits. Its Star Swarnim FD, with a tenure of 450 days, provides the highest rate of 6.60%, making it a unique choice for investors looking for short-term maximisation.

ICICI and Axis Bank Updates

ICICI Bank’s FDs for less than 1 year to 18 months now earn 6.25%, while Axis Bank offers 6.25% on FDs maturing in 1 year to 1 year 10 days. These rates apply to regular investors, with senior citizens often eligible for slightly higher returns. State Bank of India and Bank of Maharashtra have not revised their rates, so previous rates remain applicable.

Planning Your Investment

Investors should consider tenure, interest rate, and bank reliability before finalising an FD. Short-term and long-term FDs offer different advantages, and special schemes like Bank of India’s Star Swarnim FD or Suryoday’s high-interest 5-year option can help optimise returns. By comparing updated March 2026 rates across banks, investors can ensure they secure the best possible returns while keeping their capital safe.