Highest FD Interest Rates in November 2026: Several banks have updated their Fixed Deposit (FD) rates. Some of these include Bank of India and Suryoday Small Finance Bank.
Customers are using these updates to find the best deals. Different banks have different rates with Public Sector Banks, Private Lenders and Small Finance Banks. General customers can earn up to 8.25% interest with Suryoday Small Finance Bank. Senior citizens will be able to earn up to 8.60%.
Latest FD Interest Rates for Banks in November 2026
Compare the highest interest rates offered by each bank below.
- Bank of India: Up to 7.00%
- Karnataka Bank: Up to 7.50%
- Central Bank of India: Up to 6.85%
- UCO Bank: Up to 6.45%
- Post Office: Up to 7.50%
- HDFC Bank: Up to 6.50%
- ICICI Bank: Up to 6.60%
- SBI: Up to 6.45%
- PNB: Up to 6.60%
- Bank of Baroda: Up to 6.75%
- Axis Bank: Up to 6.50%
- IDFC FIRST Bank: Up to 7.10%
- DCB Bank: Up to 7.50%
- YES Bank: Up to 7.25%
- Suryoday Small Finance Bank: Up to 8.25%
- Jana Small Finance Bank: Up to 8.00%
Best FD Interest Rate for November 2026
Suryoday Small Finance Bank offers one of the best rates.
They have updated their FD rates and are offering up to 8.25% interest for general customers and up to 8.60% interest for senior citizens on 5-year deposits of less than Rs. 3 crore during the festive period.
They are also offering:
- 8.10% interest for general customers and 8.25% for senior citizens on 30-month FDs.
- 8.01% interest for general customers and 8.16% for senior citizens on 18-month FDs.
- 8.25% interest for general customers and 8.60% for senior citizens on 5-year FDs.
- This special festive interest will apply between 30th October 2026 and 16th November 2026.
Another great option is Jana Small Finance Bank who are offering up to 8.00% interest for general customers and 8.30% for senior citizens.
DCB Bank are also offering some great interest rates.
Bank of India Updates FD Rates
Bank of India have updated interest rates on some Fixed Deposit terms. They have updated rates on deposits of between 1-year and less than 3-years.
They are offering:
- 6.60% interest on deposits of less than 3 crore.
- 6.70% interest on deposits of more than 1-year and less than 3-years.
- Senior citizens will receive an extra 0.50% on applicable terms. Super seniors will receive an extra 0.65%.
They are also offering a special 500-day FD. This is offering up to 6.85% interest for general customers, 7.35% for senior citizens and 7.50% for super seniors.
These updated rates come into effect on 2nd November 2026.
Senior Citizens Receive More Interest
Most banks offer extra interest on eligible domestic FDs to senior citizens (60 years or older).
This extra interest will usually be around 0.50%. The exact amount will depend on the bank and term.
Some banks will also offer extra interest on super seniors. For example, Bank of India offer extra interest to eligible customers aged 80 and over.
This extra interest will help those who are retired or want to earn regular income to receive more from their deposits.
Should I Choose a Small Finance Bank?
Small finance banks often offer higher interest rates than large commercial banks. However, you shouldn’t always choose the bank offering the highest interest rate.
Before investing, take a look at the bank’s financial situation. How long will your money be invested? What is the penalty if you withdraw early? And what deposit insurance does the bank offer?
Eligible deposits up to Rs. 5 lakh will be covered by the DICGC. This includes both the principal and interest. This applies to each depositor for each bank, as per the rules set by the DICGC. This is calculated across different branches of the same bank.
