FD interest rates, Oct. 1 -- Before opening a term deposit, it is recommended that investors compare the interest rates offered by different banks and then choose the one that offers the highest interest on their deposits.

Notably, banks generally offer higher interest on long-term deposits. A fixed deposit (FD) for three years is likely to offer a higher interest rate in comparison to a one-year FD. Therefore, we list out the interest rates offered by the most prominent lenders on their long-term deposits, i.e., for three years.

HDFC Bank: This private bank offers 6.45% interest on a three-year deposit. whereas it offers 6.25% on a one-year deposit and 6.45% on a two-year deposit. These rates came into force on 25 June 2025. Senior cit...