HDFC Bank, ICICI Bank, PNB, BoB fixed deposit rates: Where they stand after RBI's repo rate hike

Fixed deposit (FD) investors can earn different interest rates depending on the bank, deposit tenure and customer category. HDFC Bank, ICICI Bank, Punjab National Bank (PNB) and Bank of Baroda (BoB) offer separate rates for general customers and eligible senior citizens, with some banks offering additional benefits to super senior citizens.

HDFC Bank FD rates

HDFC Bank’s domestic, NRO and NRE FD rates for deposits below ₹3 crore are effective from August 19, 2026. General customers earn 2.75% on deposits of 7-29 days, 3.25% for 30-45 days and 4.25% for 46 days to six months. The rate rises to 5.50% for six months and one day to nine months and 5.75% for nine months and one day to less than a year.

For longer tenures, the bank offers 6.25% for one year to less than 15 months, 6.35% for 15-18 months and 6.45% for several tenures from 18 months to three years. The rate reaches 6.50% for three years and one day to less than four years and seven months. It falls to 6.40% for the next eligible tenure band up to five years and 6.15% for five years and one day to 10 years.

Eligible senior citizens receive rates ranging from 3.25% on shorter deposits to a maximum of 7.10% for three years and one day to less than four years and seven months. Senior citizen rates do not apply to NRIs.

ICICI Bank FD rates

ICICI Bank’s rates for deposits below ₹3 crore are effective from October 13, 2026. General customers earn 2.75% for 7-45 days, 4% for 46-90 days, 4.50% for 91-184 days and 5.50% for 185 days to less than a year.

Deposits of one year to less than 18 months earn 6.25%, while 18 months to two years earn 6.30%. The rate is 6.45% for two years and one day to three years and 6.50% for three years and one day to five years. The same 6.50% rate applies to five years and one day to 10 years and the five-year Tax Saver FD.

Senior citizens earn 3.25% for 7-45 days, 4.50% for 46-90 days, 5% for 91-184 days and 6% for 185 days to less than a year. Longer-tenure rates include 6.75% for one year to less than 18 months, 6.80% for 18 months to two years and 6.95% for two years and one day to three years. The highest listed rate is 7.10% for three years and one day to five years and the five-year Tax Saver FD; the rate is 7% for five years and one day to 10 years.

Punjab National Bank FD rates

PNB’s domestic and NRO term-deposit rates for deposits below ₹3 crore are effective from June 1, 2026. General customers earn 3% for 7-45 days, 4.50% for 46-90 days, 4.90% for 91-154 days and 5.60% for 180-270 days.

The bank offers 6.25% on a one-year FD and 6.30% for several tenures above one year to 443 days. Its special 444-day deposit offers 6.60%, while the 666-day deposit offers 6.50%. Rates for other longer deposits range from 6.30% to 6.35%, falling to 6% for more than five years to 10 years.

Senior citizens can earn 6.75% on a one-year FD and 7.10% on the 444-day deposit. Super senior citizens receive 7.05% on a one-year FD and a maximum of 7.40% on the 444-day deposit. The 666-day FD offers 7% to senior citizens and 7.30% to super senior citizens.

Bank of Baroda FD rates

Bank of Baroda’s domestic and NRO deposit rates below ₹3 crore are effective from June 12, 2026, for fresh and renewed deposits. General customers earn 3.50% for 7-45 days, 5% for 46–180 days, 5.50% for 181-210 days and 5.75% for 211-270 days. Deposits of 271 days to less than a year earn 6%.

The rate is 6.25% for one year and several tenures above one year to three years, subject to scheme-specific exceptions. Deposits above three years to five years earn 6.30%, while those above five years to 10 years earn 6%.

Under its special schemes, the 444-day bob Square Drive deposit offers 6.45% to general customers, while the 555-day bob Golden Goal deposit offers 6.75%. Senior citizens can earn 6.95% and 7.25%, respectively, while super senior citizens receive 7.05% and 7.35%.

Bank FD interest rates comparison after RBI October 2026 repo rate hike (Deposits below ₹3 crore)

Will FD rates rise further?

Depositors should compare interest rates, tenure options, premature-withdrawal conditions and senior citizen benefits before investing.