Top Bank FD Rates 2026: Fixed Deposit Offers Risk-Free Returns Amid Market Volatility; Check Latest FD Rates

FD Rates March 2026: The domestic stock market has been witnessing a wave of volatility this month, primarily triggered by escalating geopolitical tensions in the Middle East. The eruption of a war involving the US, Israel, and Iran on February 28th has injected significant uncertainty into global financial markets, as the majority of global markets are facing the heat of supply chain disruption and rising energy prices. Today. In itself, the Indian stock market plummeted over 3 per cent during the session as rising crude oil prices fueled the selling momentum in the broader market.

Amidst this uncertain environment, where the equity market is highly volatile, investors seeking a secure and risk-free return option can think of putting their funds in Fixed Deposits (FDs). Considering the current market risks, FDs can provide a sense of stability and capital protection.

However, before putting your money into a fixed deposit, you should always compare the returns of top private and public sector banks in India. You need to compare the latest interest rates offered by top banks with tenures ranging from seven days to 10 years.

Also Read: Stock Market Crash: Sensex Falls 2,496 Points, Nifty Plummets Over 3%; Why Was Share Market Down Today?

Fixed Deposit Interest Rate In Top Banks

Axis Bank

Offers interest rates ranging from 3.00% - 6.45% p.a. for the general public and 3.50% - 7.35% p.a. for senior citizens.

Bandhan Bank

Provides rates between 2.95% - 7.25% p.a. for the general public and an attractive 3.70% - 7.75% p.a. for senior citizens.

Bank of Baroda

Rates stand at 3.50% - 6.45% p.a. for the general public and 4.00% - 7.00% p.a. for senior citizens.

Central Bank of India

Offers rates between 3.00% - 6.25% p.a. for the general public and 3.50% - 6.75% p.a. for senior citizens.

HDFC Bank

Provides rates of 2.75% - 6.25% p.a. for the general public and 3.25% - 6.75% p.a. for senior citizens.

ICICI Bank

Rates are between 2.75% - 6.50% p.a. for the general public and 3.25% - 7.10% p.a. for senior citizens.

IDBI Bank

Offers rates from 3.00% - 6.50% p.a. for the general public and 3.50% - 7.00% p.a. for senior citizens.

IDFC FIRST Bank

Provides interest rates between 3.00% - 7.20% p.a. for the general public and 3.50% - 7.70% p.a. for senior citizens.

IndusInd Bank

Rates range from 3.25% - 7.00% p.a. for the general public and 3.75% - 7.50% p.a. for senior citizens.

Karnataka Bank

Offers rates between 3.50% - 6.65% p.a. for the general public and 3.90% - 7.05% p.a. for senior citizens.

Kotak Mahindra Bank

Provides rates of 2.75% - 6.70% p.a. for the general public and 3.25% - 7.20% p.a. for senior citizens.

Bank of Maharashtra

Rates stand at 2.60% - 6.20% p.a. for the general public and 3.10% - 6.70% p.a. for senior citizens.

Punjab National Bank

Offers rates between 3.00% - 6.60% p.a. for the general public and 3.50% - 7.10% p.a. for senior citizens.

RBL Bank

Provides interest rates ranging from 3.50% - 7.20% p.a. for the general public and 4.00% - 7.70% p.a. for senior citizens.

South Indian Bank

Rates are between 2.90% - 6.60% p.a. for the general public and 3.40% - 7.10% p.a. for senior citizens.

State Bank of India

Offers rates from 3.05% - 6.40% p.a. for the general public and 3.55% - 7.05% p.a. for senior citizens.

Union Bank of India

Rates stand at 2.75% - 6.60% p.a. for the general public and 3.25% - 7.10% p.a. for senior citizens.

YES Bank

Offers rates ranging from 3.25% - 7.00% p.a. for the general public and 3.75% - 7.75% p.a. for senior citizens.

According to BankBazaar, these rates are applicable for deposits of less than Rs 3 crore as of March 6, 2026.