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Highest 1-Year FD Rates: Know returns on ₹1 lakh investment

CNBC Awaaz•20-10-2026, 20:27

•Small finance banks like Suryoday Small Finance Bank and Ujjivan Small Finance Bank are offering the highest interest rate of 7.25 percent on a 1-year FD.
•Investing ₹1 lakh in Suryoday or Ujjivan Small Finance Bank yields an estimated maturity amount of approximately ₹1,07,250 after one year.
•Equitas Small Finance Bank offers 7.1 percent and Jana Small Finance Bank provides 7 percent interest on 1-year fixed deposits.
•Among major private and public sector banks, interest rates for 1-year FDs generally range between 6.1 percent and 7.1 percent.
•Always verify current interest rates on the bank's official website before investing as rates are subject to change.

Key Questions Answered

Suryoday Small Finance Bank and Ujjivan Small Finance Bank offer the highest 1-year FD interest rate at 7.25 percent, while Equitas Small Finance Bank offers 7.1 percent and Jana Small Finance Bank offers 7 percent.

If you deposit one lakh rupees in a 1-year FD at Suryoday Small Finance Bank with an interest rate of 7.25 percent, you will receive approximately 1,07,250 rupees upon maturity.

Public sector banks like the State Bank of India, Bank of Baroda, Canara Bank, and Punjab National Bank offer a 6.25 percent interest rate on 1-year FDs, while Bank of India and Indian Overseas Bank offer 6.5 percent.