New Delhi, June 20 -- Fixed deposits (FDs) continue to be a lucrative option and a top choice for risk averse investors in the country. Several private sector banks are providing competitive interest rates helping individuals lock in safe, risk free fixed returns without market exposure.

Private sector bank fixed deposits are simply savings plans where you park money with private banks for a fixed period and earn guaranteed interest. Such savings plans provide safe and stable returns.

Check out the leading private sector banks offering the best FD rates this year:

Note: Rates as updated on June 20, 2025

It is important to acknowledge the fact that fixed deposits in private sector banks are considered generally safe. Especially in well...