Top 5-Year Fixed Deposit Rates in India - 2025
Investors can choose from a wide range of Fixed Deposits (FD) that offer a high rate of interest for five-years. Generally, most five - year fixed deposit schemes come as tax saver plans but one can also opt for other types of FDs in this tenure range.
Top Five - Year FD Rates of Popular Banks
The following are the top five -year FD rates of some the popular Indian Banks:
Name of Bank | Rate of Interest for General Citizens | Rate of interest for Senior Citizens |
6.40% p.a. | 6.90% p.a. | |
6.60% p.a. | 7.35% p.a. | |
6.60% p.a. | 7.10% p.a. | |
7.00% p.a. | 7.50% p.a. | |
6.75% p.a. | 7.50% p.a. | |
6.70% p.a. | 7.20% p.a. | |
6.25% p.a. | 6.75% p.a. | |
6.00% p.a. | 6.50% p.a. | |
6.60% p.a. | 7.10% p.a. | |
6.20% p.a. | 6.70% p.a. | |
6.00% p.a. | 6.80% p.a. | |
6.50 p.a. | 7.00% p.a. | |
6.05% p.a. | 7.05% p.a. | |
6.35% p.a. | 6.85% p.a. | |
6.00% p.a. | 6.50% p.a. | |
6.50% p.a. | 7.00% p.a. | |
6.25% p.a. | 6.75% p.a. | |
6.00% p.a. | 7.00% p.a. | |
6.00% p.a. | 6.50% p.a. | |
6.60% p.a. | 7.10% p.a. | |
6.10% p.a. | 6.60% p.a. | |
5.70% p.a. | 6.20% p.a. | |
6.60% p.a. | 7.10% p.a. | |
6.10% p.a. | 6.70% p.a. | |
6.25% p.a. | 6.75% p.a. | |
5.50% p.a. | 5.90% p.a. | |
5.85% p.a. | 6.60% p.a. | |
6.60% p.a. | 6.70% p.a. |
Note: The interest rates listed above are as on 14 October 2025. and are subject to change at the discretion of the bank.
Top Five - Year FD Rates of NBFC (Non Banking Financial Company)
The following is the list of top five - year FD interest rates of NBFCs:
Name of Bank | Rate of Interest for For General Citizens | Rate of Interest for For Senior Citizens |
PNB Housing Finance FD | 7.10% p.a. (cumulative up to Rs.5 crores) | 7.35% p.a. (cumulative up to Rs.5 crore) |
Note: The interest rates listed above are as on 14 October 2025. and are subject to change at the discretion of the bank.
Top Five - Year FD Rates of Small Finance Banks
The following are the top five-year FD interest rates of Small Finance Banks in India:
Name of Bank | Rate of Interest for For General Citizens (p.a.) | Rate of Interest for For Senior Citizens (p.a.) |
8.05% p.a. | 8.10% p.a. | |
7.10% p.a. | 7.35% p.a. | |
6.25% p.a. | 6.25% p.a. | |
7.20% p.a. | 7.70%p.a. | |
6.75% p.a. | 7.25% p.a. | |
7.00% p.a. | 7.25% p.a. | |
7.00% p.a. | 7.50% p.a. | |
6.50% p.a. | 7.00% p.a. | |
5.75% p.a. | 6.25% p.a. |
Note: The interest rates listed above are as on 14 October 2025. and are subject to change at the discretion of the bank.
Eligibility Criteria for Fixed Deposits (FDs) in India
The following entities are eligible to open a Fixed Deposits account in India:
- Residents
- Hindu Undivided Families (HUFs)
- Non-resident Indians (NRIs)
- Minors
- Senior Citizens
- Companies
- Individuals (Single or Joint Investors)
- Societies or Clubs
- Sole Proprietorships
- Partnership Firms
- Trust Accounts
Document Required to Open a Five-Years Fixed Deposit:
You need to submit documents as mentioned below to open for a five-year fixed deposit:
Category of Applicant | Document Required |
Existing Customers | KYC documents like PANcard, Aadhaarcard, etc.Multiple copies of passport-sized photographs |
Individuals/ Companies | PAN Card Aadhaar Card Passport DrivingLicenceVoter ID |
Partnership Firms | Certificate of Incorporation Partnership Deed ID Proofs ofAuthorisedSignatories Signatures of Authorised Signatories |
Hindu Undivided Family (HUF) | Self-attested PAN Card HUF Declaration Deed HUF’s Bank Statement |
How to Open a Fixed Deposit Online?
Follow the steps given below to open a fixed deposit online:
Step 1: Visit the bank's official website.
Step 2: Log in to your existing account or create a new one.
Step 3: Select the 'Fixed Deposit' option.
Step 4: Enter required details such as tenure, amount, nominee, and digital signature.
Step 5: Upload all necessary documents.
Step 6: Review and submit the application.
Step 7: Make the payment via internet banking.
Step 8: Complete the video KYC for verification.
Step 9: Keep the receipt for future reference.
How to Open a Fixed Deposit Offline?
Follow the steps given below to open a fixed deposit offline:
Step 1: Visit the bank and collect a Fixed Deposit opening form.
Step 2: Fill out the form with accurate details, including the deposit amount and tenure.
Step 3: Submit the completed form along with the required documents.
Step 4: Provide the deposit amount either in cash or by cheque.
Step 5: The bank will process your application and open the FD account.
Why is a 5-year FD a Smart Investment Choice?
Five-year fixed deposit plans is a smart investment choice as it has multiple advantages, such as:
- Guaranteed Returns: One of the main benefits of a 5-year Fixed Deposit (FD) is the assurance of guaranteed returns. The interest rate remains constant throughout the deposit term, ensuring a stable and predictable return on investment.
- Low-risk Investment: FDs are considered safe investments as they are backed by the government and insured by the Deposit Insurance and Credit Guarantee Corporation (DICGC). This provides protection for the investor's deposit up to a certain limit, even in the rare event of a bank failure.
- Tax Benefits: Investing in a 5-year FD also offers tax advantages. The interest earned is taxed according to the investor's income tax slab. Additionally, senior citizens can benefit from an annual tax exemption on interest income of up to Rs. 50,000.
FAQs on 5 - Year Tenure FD Rates
- Can I invest more than Rs.1.5 lakh in five - year fixed deposits?
Yes, you can invest more than Rs.1.5 lakh in normal five - year fixed deposit plan. The maximum limit of Rs.1.5 lakh is only for tax-saver FDs which also have a five - year tenure which is also a lock-in period.
- Can I break a five - year fixed deposit before maturity?
Yes, you can break a regular five - year fixed deposit before maturity. However, you will have to pay a penalty for such premature withdrawals.
- Are all Five-Year tenure FDs also tax-saver FDs?
No. Banks offer separate tax-saver FDs with tax benefits under Section 80C and a 5-year lock-in period with no premature withdrawal. Regular 5-year FDs allow premature withdrawal, but with a penalty that varies by bank.
- Is the nomination facility available for five - year fixed deposits?
While this depends on the bank, most do offer nomination facility for all 5 - year tenure fixed deposit accounts.
- Is the interest on a five - year fixed deposit taxable?
No, interest earned on a regular FD for a tenure of five years is taxable. While tax-saving FDs for five years get tax benefits under Section 80C of the Income Tax Act.
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