🏦 Fixed Deposits via Angel One

Earn Up to 9.5% p.a.
on Fixed Deposits

Compare Fixed Deposit rates from top banks and NBFCs. Safe, guaranteed returns. Invest digitally without visiting any branch — through your Angel One account.

DICGC Insured (Banks)
Guaranteed Returns
Starts from ₹1,000
Senior Citizen Bonus Rate
Open Free Account to Invest → Ask on WhatsApp

🧮 FD Calculator

Principal Amount ₹1,00,000
Interest Rate (p.a.) 7.5%
Tenure 1 Year
Maturity Amount
₹1,07,500
Compounded Quarterly
₹7,500
Interest Earned
7.5%
Effective Return

*Illustrative only. Actual returns depend on compounding frequency and bank/NBFC selected. Tax on interest as per your slab.

9.5%
Max FD Rate p.a.
₹5L
DICGC Insurance per Bank
₹1,000
Minimum Investment
+0.5%
Senior Citizen Extra Rate
FD Rate Comparison

Best FD Interest Rates 2026

Indicative rates as of July 2026. Always verify current rates with the respective institution before investing.

High Yield
Small Finance Banks
NBFC/SFB Category · DICGC Insured
6 Months7.5 – 8.5%
1 Year8.0 – 9.0%
2 Years8.5 – 9.5%
3–5 Years7.75 – 9.0%
🧓 +0.5% for Senior Citizens
Top Private Banks
HDFC, ICICI, Axis, Kotak · DICGC Insured
6 Months6.5 – 7.0%
1 Year7.0 – 7.5%
2 Years7.0 – 7.5%
3–5 Years7.0 – 7.75%
🧓 +0.25–0.5% for Senior Citizens
Public Sector Banks
SBI, PNB, BOB, Canara · Government Backed
6 Months5.75 – 6.5%
1 Year6.8 – 7.1%
2 Years6.8 – 7.0%
3–5 Years6.5 – 7.0%
🧓 +0.5% for Senior Citizens (SBI Wecare)

⚠️ Rates are indicative and subject to change. Check the Angel One app or contact us on WhatsApp for current rates before investing.

Types of Fixed Deposits

Which FD is Right for You?

Different FD types for different financial goals. Pick the one that fits your needs.

🏦

Regular Bank FD

Open online for tenures from 7 days to 10 years. DICGC-insured up to ₹5 lakh per depositor per bank. Safe and most popular option in India.

Best for: Safety-first investors
🏢

Corporate / NBFC FD

FDs offered by NBFCs and companies like Bajaj Finance, Shriram, Mahindra. Typically 0.5–2% higher rates than bank FDs. Check credit rating (AAA preferred).

Best for: Higher yield seekers
📑

Tax Saving FD (80C)

5-year lock-in period. Investment up to ₹1.5 lakh eligible for 80C deduction. Cannot be broken before maturity. Interest is taxable as per slab.

Best for: Tax saving under 80C
🧓

Senior Citizen FD

Extra 0.25–0.75% interest rate for individuals aged 60+. Some banks offer special senior citizen schemes with monthly payout options and better liquidity.

Best for: Retirees, aged 60+
🔄

Cumulative FD

Interest is compounded and paid at maturity. Higher effective yield through compounding. Ideal for those who don't need regular income from investments.

Best for: Wealth building
💵

Non-Cumulative FD

Interest paid out monthly, quarterly or annually. Regular income stream. Slightly lower effective yield since no compounding effect. Good for retirees.

Best for: Regular income needs
How to Invest

Open an FD in 4 Simple Steps

Invest in Fixed Deposits digitally through your Angel One account — no branch visit required.

1

Open Free Demat Account

Click the link below and open your free Angel One account through StoxGo. Takes under 10 minutes.

2

Go to FD/Bonds Section

In the Angel One app, tap "Products" → "Fixed Deposits" or "Bonds" to browse available FD options.

3

Compare & Select

Filter by tenure, rate and institution. Read the details carefully. Choose cumulative or non-cumulative payout.

4

Invest Digitally

Enter amount, confirm details and pay digitally. Your FD is booked instantly. No paperwork, no branch visit.

Open Free Account to Start →
Investment Comparison

FD vs Other Investments

See how Fixed Deposits stack up against other popular investment options.

Feature Fixed Deposit Mutual Funds (Debt) Savings Account Stock Market
Returns6.5 – 9.5%6.0 – 8.0%2.5 – 4.0%Variable (10–15% avg. long term)
Risk LevelLowLow-ModerateVery LowHigh
Guaranteed Returns✓ Yes✗ No✓ Yes✗ No
LiquidityMedium (premature break possible)High (T+3 redemption)High (anytime)High (T+1 settlement)
Tax EfficiencyTaxable as incomeIndexation benefit (LTCG)Taxable as incomeLTCG 12.5% after ₹1.25L
DICGC Insurance✓ Up to ₹5L (banks only)✗ No✓ Up to ₹5L✗ No
Minimum Investment₹1,000₹500 (SIP)₹0–₹1,000Price of 1 share
Invest via Angel One✓✓✗✓
FAQ

Fixed Deposit Questions Answered

Everything you need to know before opening a Fixed Deposit.

What is the best FD interest rate in India in 2026?+
Some small finance banks and NBFCs offer up to 9.0–9.5% p.a. for select tenures. Major private banks offer 7.0–7.75% p.a. PSU banks offer 6.5–7.25% p.a. Senior citizens get an additional 0.25–0.75% over regular rates. Compare and choose based on your safety, tenure and return needs.
Are Fixed Deposits safe? What if the bank fails?+
Bank FDs are insured by DICGC (Deposit Insurance and Credit Guarantee Corporation) up to ₹5 lakh per depositor per bank (principal + interest combined). Corporate/NBFC FDs are not covered by DICGC — always check the credit rating (AAA or AA+ is safest) before investing.
How do I invest in FD through Angel One?+
Open your free Demat account via StoxGo → log in to the Angel One app → navigate to the "Products" or "Fixed Deposits" section → browse available FDs from banks and NBFCs → select your tenure and amount → invest digitally without visiting any branch.
Is FD interest taxable? How much TDS is deducted?+
Yes, FD interest income is taxable as per your income tax slab. Banks deduct TDS at 10% if interest exceeds ₹40,000 per year (₹50,000 for senior citizens). If your total income is below the taxable limit, submit Form 15G (general) or 15H (senior citizens) to avoid TDS deduction.
Can I break my FD before maturity?+
Most FDs allow premature withdrawal with a penalty of 0.5–1% less than the applicable rate for that tenure. Tax-saving 5-year FDs (80C) cannot be broken before maturity. Some corporate FDs may have a minimum lock-in period. Check terms before investing.
What is a Senior Citizen FD? What extra rate do they get?+
Senior citizens (age 60+) get 0.25% to 0.75% higher interest than regular customers. SBI's Wecare scheme offers an extra 0.50% for deposits above 5 years. Some banks have special senior citizen FD schemes with monthly payout and flexible withdrawal options.
What is the difference between cumulative and non-cumulative FD?+
Cumulative FD: interest is compounded and paid at maturity with principal — higher effective yield, ideal for wealth building. Non-cumulative FD: interest is paid out monthly, quarterly or annually — good for those who need regular income. Non-cumulative yields slightly less due to no compounding.
Can a tax-saving FD help me save taxes?+
Yes. Tax-saving FDs have a 5-year lock-in and the invested amount (up to ₹1.5 lakh per year) qualifies for deduction under Section 80C. However, the interest earned is still taxable as per your income slab. Choose this if you want guaranteed returns + 80C tax benefit together.
What is a corporate FD and how is it different from a bank FD?+
Corporate FDs are offered by NBFCs and companies (e.g., Bajaj Finance, Shriram Finance). They typically offer 0.5–2% higher rates than bank FDs but are NOT covered by DICGC insurance. Always check the CRISIL/ICRA credit rating — AAA-rated corporate FDs are considered safe. Diversify across multiple companies if investing in corporate FDs.
How is FD interest calculated?+
For cumulative FDs: A = P × (1 + r/n)^(n×t), where P = principal, r = annual rate/100, n = compounding frequency per year, t = tenure in years. Quarterly compounding (n=4) is most common. Use the FD calculator at the top of this page for quick estimates.

Start Earning Guaranteed Returns Today

Open a free Angel One account through StoxGo and invest in Fixed Deposits from top banks and NBFCs — entirely online. Zero charges to open account.

Open Free Account → Ask on WhatsApp