FDs remain popular as banks offer up to 7.5%

Business Jul 07, 2026

Curious about where to park your money for steady returns?
Fixed deposits (FDs) are still a go-to, and interest rates are looking pretty competitive right now.
Punjab & Sind Bank leads public sector options with 6.85% for two-year FDs, while DCB Bank tops private banks at 7.5% for tenures of one year and above.

Banks offer FDs 6.85% to 7.45%

Bandhan Bank is offering 7.45% for one- and two-year deposits, and City Union Bank has 7.25% for the 1 to 2 years tenure, worth checking out if you want more choices.
For those eyeing foreign banks, Deutsche Bank stands out with a solid 7% on one- to two-year FDs from July 25, 2026, followed by DBS Bank at 6.85%.
Rates can change often, so it's smart to compare before locking in your money!