Bank fixed deposits are deposits that are safe, though they do not offer tax benefits like others. Most of the public sector banks like State Bank of India, Union Bank of India are offering interest rates hovering around 9 per cent on a fixed deposit for 1-2 years. Here are some banks that are offering higher interest rates above 9 per cent.
Bank of India offers an interest rate between 9.05 - 9.20 per cent for fixed deposits between 1-2 years. This is a government owned bank and hence default chances are minimal. The interest rate offered by Dena Bank on fixed deposits for 1-2 years is 9-9.25 per cent. Like Bank of India this is a government owned bank and hence the deposits are safe. On fixed deposits for 1-2 years IDBI Bank offers interest rate of 9 - 9.30 per cent. This again is a government owned bank. ING Vysya Bank offers 9 - 9.25 per cent interest rate on fixed deposits of 1-2 years. This is a reputed private sector bank. Corporation Bank offers an interest rate of 9 - 9.11 per cent on deposits for 1-2 years. This is a reputed government owned bank with strong presence across the country. DCB Bank is another bank that offers an interest rate of 9 - 9.25 per cent on fixed deposits of 1 -2 years. It is also a private sector bank which offers quite a high interest rate. Indusind Bank is offering a high interest rate between 9 - 9.25 per cent for fixed deposits of 1-2 years. Is is also a private sector bank that offers a high rate of interest.
BOI gives interest between 9 - 9.20 per cent
Dena Bank offers a high interest rate between 9-9.25 per cent
IDBI's interest rate is quite high between 9-9.30 per cent
Interest rate of ING Vyasya falls in the bracket of 9-9.25 per cent
Corp Bank's interest rate of 9-9.11 per cent is also high.
DCB offers interest rates in the high range of 9 -9.25 per cent
Indusind's interest of 9.25 per cent is also high.
More From GoodReturns

New PAN Card Rules From April 1, 2026: How To Apply For New PAN Card Via Protean, E-Filing Portal?

LPG Gas Cylinder Prices Hiked Again From April 1; 19 KG LPG Gets Costlier By Rs 218; 14.2 KG LPG Unchanged

Gold Rate in India Rises Over Rs 37,000/24K in Three Days; Will Jump in Gold Price Today Continue on 31 March?

Gas Cylinder Booking Rules: 5 Things To Know For Your 14.2Kg, 19KG, 5KG, 10KG LPG Booking In April 2026

Gold Rate Today Continues Rally, 24K Jumps Over Rs 35000 in 2 Days; 22K & 18K Gold, Silver Prices in Delhi

Bank Holiday In April 2026: Banks To Be Closed For 14 Days; Good Friday, Baisakhi To Akshaya Tritiya

Gold Price Today Declines After 3-Day Surge; Check Latest 22K, 24K, 18K Gold & Silver Rates in Delhi on 2April

Gold Price Today, April 3: 22K, 24K Rates Jump Across Tanishq, Malabar, Kalyan & Joyalukkas & IBJA

5 New Shares On One Soon: Anil Agarwal's Vedanta Demerger To Take Place in April, Says Report

Fresh Drop in Gold Rate Today; Silver Stable: Latest 22K, 24K, 18K Gold & Silver Prices in Delhi on 30 March

Govt Approves PDS Kerosene Distribution in 21 States for 60 Days, Sets 5,000 L Storage Limit Amid LPG Crisis



Click it and Unblock the Notifications