New Delhi, July 28 -- Prior to opening a fixed deposit (FD) with a bank, it is important to compare the interest rates offered by its rivals. After RBI cut the repo rate by a total of 100 basis points in three consecutive policy meetings this Calendar year, most banks followed suit and cut their interest rates on fixed deposits as well as on lending.

Here we list out highest interest rates offered by different banks across tenures.

1. HDFC Bank: As we can see in the table below, HDFC Bank offers 6.6 percent interest on a tenure between 18-21 months. Senior citizens are entitled to receive 7.10 percent interest for the same tenure. These rates came into force on June 25, 2025.

2. ICICI Bank: This private sector bank offers 6.6 percent i...