Top fixed deposit rates to watch after RBI repo rate cut

The Reserve Bank of India (RBI) has recently cut the repo rate. Due to this, banks have reduced their fixed deposit (FD) interest rates. FD is a safe way to save money. To earn more, check and compare the latest FD rates.

HDFC Bank gives 6.60% interest to regular customers. Senior citizens get 7.10% on deposits of 15 to 21 months. For one year, the rates are 6.25% and 6.75% respectively.

ICICI Bank gives 6.60% to regular customers. Senior citizens get 7.10% on deposits of 2 to 5 years.

Kotak Mahindra Bank gives 6.60% on deposits of about 1 year to 2 years.

Federal Bank gives 6.85% to regular customers. Senior citizens get 7.35% interest on 444-day deposits. Punjab National Bank (PNB) offers 6.70% interest to regular customers. Senior citizens get 7.20% interest on 390-day deposits. Union Bank of India offers 6.85% interest to regular customers. Senior citizens get 7.35% interest on 456-day deposits. State Bank of India (SBI) offers 6.45% interest for 2 to 3 years. Senior citizens get 6.95% interest. The rates were updated in June 2025. Always check the latest rates before investing.