Bank FD Rates 2026: Top Banks Offering Highest Interest on 5-Year Deposits
Fixed deposits continue to be a go-to choice for investors who prefer stability over risk. But not all FDs are created equal, interest rates vary across banks, and that small difference can significantly impact your returns over time. If you’re planning a 5-year FD this month, here’s a quick look at what top banks are offering.
Public Sector Banks: Safe and Steady
State Bank of India (SBI), the country’s largest public lender, is offering 6.05% on 5-year FDs. It remains a reliable pick for conservative investors.
Bank of Baroda comes in slightly higher with 6.30%, making it one of the better options among government banks.
Canara Bank is offering 6.25%, placing it between SBI and Bank of Baroda in terms of returns.
Private Banks: Higher Returns on Offer
Private sector banks are currently leading the race with better interest rates.
Public Sector Banks: Safe and Steady
State Bank of India (SBI), the country’s largest public lender, is offering 6.05% on 5-year FDs. It remains a reliable pick for conservative investors. Bank of Baroda comes in slightly higher with 6.30%, making it one of the better options among government banks.
Canara Bank is offering 6.25%, placing it between SBI and Bank of Baroda in terms of returns.
Private Banks: Higher Returns on Offer
Private sector banks are currently leading the race with better interest rates.Next Story