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    5 Years Fixed Deposit Interest Rates

    We found 111 5 Years Fixed Deposit Interest Rates

    Institution Name
    Deposit Amount Range
    Tenure Range
    Interest Rate
    Up to ₹25L
    1 Year to 5 Years
    7.49% - 8.19% Monthly compounding
    Response Time Within 30 minutes
    Features
    Documents
    Good to Know
    Up to ₹25L
    1 Year to 5 Years
    7.75% - 8.5% Monthly compounding
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know
    Up to ₹1Cr
    7 Days to 20 Years
    5% - 8.15% Quarterly compounding
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know
    Up to ₹1Cr
    7 Days to 10 Years
    4% - 7.5% Quarterly compounding
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know
    Up to ₹1Cr
    7 Days to 10 Years
    4.25% - 7.35% Monthly compounding
    Response Time Within 30 minutes
    Features
    Documents
    Good to Know
    Up to ₹1Cr
    15 Days to 20 Years
    4.25% - 6.9% Monthly compounding
    Response Time Within 30 minutes
    Features
    Documents
    Good to Know
    Up to ₹1Cr
    7 Days to 10 Years
    4% - 7% Monthly compounding
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know
    NRI - FD
    Up to ₹1Cr
    1 Year to 5 Years
    6.5% - 7.10% Monthly compounding
    Response Time Within 30 minutes
    Features
    Documents
    Good to Know
    NRI - FD
    Up to ₹1Cr
    1 Year to 10 Years
    6% - 6.4% Monthly compounding
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know
    NRI - FD
    Up to ₹1Cr
    1 Year onwards
    6.25% - 6.5% Monthly compounding
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know
    Up to ₹1Cr
    7 Days to 10 Years
    4% - 7.35% Quarterly compounding
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know
    NRI - FD
    Up to ₹1Cr
    1 Year to 5 Years
    6.85% Quarterly compounding
    Response Time Within 30 minutes
    Features
    Highlights
    Documents
    Good to Know
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  • Customer Reviews

    • ICICI Bank Fixed Deposit
      "Good one"
      0.5 3.5/5 "Pretty good"
      I have fixed deposit account with the ICICI bank and I got it from them because I had the salary account with them. Within two days of time fixed deposit account got opened and the maturity period is around one year of time. Interest rate is around 8% with them and am not that much happy with that. I would like to suggest that they can increase the rate of interest for the deposits.
      Was this review helpful? 0
      , hyderabad
      Reviewed on May 18, 2017
    • SBI Fixed Deposit
      "Too much of process involved"
      0.5 2.5/5 "Just OK"
      At other private bank a fixed deposit could be opened online and a customer does not have to visit the bank. In my case I had to visit State bank of India to open a fixed deposit and it has a lot of process involved. Like wise to close the same it is the same scenario.
      Was this review helpful? 2
      , pune
      Reviewed on May 10, 2017
    • SBI Fixed Deposit
      "Good "
      0.5 5.0/5 "Blown Away!"
      I am having fixed deposit account with the State bank of India and the interest rate is around 6.2% for the tenure of five years of time. I have opened this account through online, so it got happened very immediately. Charges are nil with them and I can get the money withdrawal in fraction of seconds.
      Was this review helpful? 4
      , pondicherry
      Reviewed on May 09, 2017
    • SBI Fixed Deposit
      "Good Service"
      0.5 5.0/5 "Blown Away!"
      Long back I had Fixed deposit account with State bank of India. I selected the tenure period for six years. The bank had fixed a good rate of interest. At last I received the money with the promised interest amount. I am much satisfied with SBI for the FD service.
      Was this review helpful? 3
      , hyderabad
      Reviewed on May 09, 2017
    • Bank of Baroda Fixed Deposit
      "Good Service"
      0.5 5.0/5 "Blown Away!"
      I had Fixed Deposit account with Bank of Baroda about quite long back. The tenure period is six years and the fixed amount is four to five lakhs. The percentage of interest rate is quite good and they returned the money back with the promised interest amount.
      Was this review helpful? 1
      , hyderabad
      Reviewed on May 09, 2017
    • ICICI Bank Fixed Deposit
      "Average "
      0.5 2.0/5 "Expected more"
      I have withdrawn my fixed deposit account with the ICICI bank and the interest rate was around 7%. It took around one to two hours of time to open the account through online. There are no charges while withdrawing the amount , also it took around one month of time to get it.
      Was this review helpful? 1
      , pudukkottai
      Reviewed on May 08, 2017
    • IDBI Fixed Deposit
      "Very Responsive"
      0.5 4.0/5 "Great!"
      I deposited some amount with IDBI bank as a fixed deposit. Actually I deposited this amount for future savings also I will be getting some good interest rate at the end of the year. I got good support from the bank executives and they provided all the information regarding FD.
      Was this review helpful? 1
      , indore
      Reviewed on May 04, 2017
    • YES Bank Fixed Deposit
      "Good Service"
      0.5 3.0/5 "Satisfactory"
      Yes bank have some banking issues with them I believe. I have savings account, recurring and fixed deposit account with them. I never received quick response from the bank. But the bank is good for my fixed deposit account. Simply I opened an account with them and getting better service on it.
      Was this review helpful? 1
      , indore
      Reviewed on May 04, 2017
    • Kotak Fixed Deposit
      "Good Service"
      0.5 3.0/5 "Satisfactory"
      I have savings account with Kotak Mahindra bank. Even I have fixed deposit account as well. The period of FD is for one year. The bank is assigned relationship manager for me as I have so many accounts with them. I got good response from them for my FD. 1 years, 1years, relationship manager
      Was this review helpful? 0
      , indore
      Reviewed on May 04, 2017
    • SBI Fixed Deposit
      "Satisfactory Service"
      0.5 5.0/5 "Blown Away!"
      Even I have fixed deposit with State bank of India. The tenure period is one year. I deposit certain amount with them as their interest rate is good and incomparable. SBI gives good response to the people and they are very supportive as well. I have no issues with SBI.
      Was this review helpful? 0
      , indore
      Reviewed on May 04, 2017
    • Punjab National Bank Fixed Deposit
      "Good Service"
      0.5 5.0/5 "Blown Away!"
      I had invested in fixed deposit with Punjab National Bank. I have deposited ceratin amount on my account. I got good response from the bank when I opened FD. The bank was so supportive and they provided all the information regarding FD. The interest rates too are pretty attractive.
      Was this review helpful? 0
      , indore
      Reviewed on May 04, 2017
    • SBI Fixed Deposit
      "Average "
      0.5 1.0/5 "Really Bad"
      I had invested in fixed deposit with the State bank of India and the interest rate is very less like its around 7.15%, also the returns are also very less, which will be also applicable with the tax. Services provided by them is really not good and I would like to suggest that they need to provide the customer service in a much better way.
      Was this review helpful? 2
      , bhopal
      Reviewed on May 03, 2017
    • SBI Fixed Deposit
      "Fantastic"
      0.5 5.0/5 "Blown Away!"
      In terms of interest rate and everything State Bank of India is fine to have the fixed deposit and the service aspects are working fine with them. I am having this account from the last six to seven years of time and the response is always very good with the State Bank of India.
      Was this review helpful? 2
      , mundra
      Reviewed on May 03, 2017
    • HDFC Bank Fixed Deposit
      "Excellent to Excellent"
      0.5 5.0/5 "Blown Away!"
      I do have the fixed deposit account with the HDFC bank and the interest rate is differed according to the offers. All of my deposits will be taken care by my relationship manager. Total tenure is around five years of time and its a kind of small deposits. Net banking services are an excellent one with them.
      Was this review helpful? 1
      , bangalore
      Reviewed on Apr 26, 2017
    • Punjab National Bank Fixed Deposit
      "Customer service should be good and unique for everyone"
      0.5 4.0/5 "Great!"
      I do have fixed deposit account with the Fixed deposit and they have provided around 8.5% as interest rate. Services are perfect one for me and I do have good relationship with them because my relatives are working there. Net banking services are also working good and they are started to exhibit most of the services there.
      Was this review helpful? 0
      , ghaziabad
      Reviewed on Apr 26, 2017
    • Axis Bank Fixed Deposit
      "Excellent"
      0.5 5.0/5 "Blown Away!"
      I had invested in fixed deposit account with the Axis bank and the minimum tenure is around five years of time. Response is a good one with them and everything was done through online. Net banking services are working in an excellent way and it is really wonderful.
      Was this review helpful? 1
      , kolkata
      Reviewed on Apr 25, 2017
    • HDFC Bank Fixed Deposit
      "My FD"
      0.5 5.0/5 "Blown Away!"
      I had invested in FD with HDFC. The benefits what I get here is huge. I never used to visit the branch . I had got a phone call from them immediately they had sent their representative for the same. He helped me in filling the form and I do have online access and I view all the FD information online itself
      Was this review helpful? 2
      , kolkata
      Reviewed on Apr 20, 2017
    • andhra Bank Fixed Deposit
      "Good one"
      0.5 4.0/5 "Great!"
      Good, I can view all the accounts in one page that is why I had chosen this ANDHRA Bank FD. I have online access too. I can view and change the mat instructions online. I change the principle amount too. I do get a the certificate of interest from them proactively on a yearly basis
      Was this review helpful? 1
      , kurnool
      Reviewed on Apr 20, 2017
    • SBI Fixed Deposit
      "Its Trusted"
      0.5 4.0/5 "Great!"
      I was studying college, I have opened Fixed deposit in SBI, it is located in my college campus. I have submitted pan card, address proof, id proof to them and I have invested the amount of Rs.1,25,000 its for the period of four years, but I am not sure what is the benefit I will get after that maturity period.
      Was this review helpful? 23
      , chandigarh
      Reviewed on Mar 30, 2017
    • Shriram Finance Fixed Deposit
      "Higher returns "
      0.5 5.0/5 "Blown Away!"
      With the help of the online portal I got in touch with shriram ,, I have opened a FD for my daughter's marriage, though I am ready to upload FORM 15C not sure how to upload. I also earn an interest of 7.72 % for a tenure of 36 months, partial liquidation is allowed after 4 months but the interest rate would be low, at the same time if I do a liqudiation after 6 months I will earn good interest. Overall I would say that are trustworthy and safe.
      Was this review helpful? 6
      , chennai
      Reviewed on Mar 25, 2017
    Common Loader Icon

    5 Years Fixed Deposit Interest Rates is Rated as "Excellent!" by 1735 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Fixed Deposit BYTES FROM OUR KITCHEN

    5 Years Fixed Deposit Interest Rates

    Fixed deposits are one of the safest investment options available out there for individuals even if the returns on these are not guaranteed as interest rates keep changing. However, Fixed Deposits are still quite a popular option when it comes to investments. As the name suggests, this deposit is for a period of five years and an interest is added to the deposit. This deposit also qualifies for tax exemptions under Section 80C of the Income Tax Act of 1961.

    Key Features of Five Year Deposit Interest Rates

    • This deposit offers tax exemptions under Section 80C of the Income Tax Act.
    • A lock-in period of 5 years is offered in this type of deposit.
    • Individuals will not be permitted to withdraw their deposit before the maturity period.
    • Banks providing these deposit schemes decide the interest rate that is applicable for them.
    • Overdraft or sweep facility is not available for the same.
    • After a lock-in period of five years, individuals can renew their deposit account.
    • Interest earned under this account can be taxed, however.
    • Five Year Fixed Deposit Interest Rates
    • The rate of interest charged on a particular fixed deposit account is decided by the bank that is offering it. Interest rates on these accounts are compounded monthly/quarterly/half-yearly or yearly.

    Interest Rates for the Top Five Fixed Deposits in India – January, 2017

    Shriram City Union Finance (SCUF) FD for 5 Years

    Fixed Deposits at SCUF can earn investors an interest ranging between 8.42% per annum and 8.75% per annum, depending on their age. Senior citizens are entitled to earn 9% on their investment while all other depositors earn 8.75%, with the interest compounded annually.

    Shriram City Union Finance 5 Years FD Rates
    Interest Rate & Compounding Amount Invested Tenure
    Under monthly compounding at 7.95% Less than Rs.1 crore 5 years
    Compounding quarterly at 8.00% Less than Rs.1 crore 5 years
    Under half yearly compounding at 8.08% Less than Rs.1 crore 5 years
    Under yearly compounding at 8.25% Less than Rs.1 crore 5 years

    RBL Bank Fixed Deposit for 5 Years

    RBL Bank offers a number of options when it comes to FDs, with products catering to different requirements. The interest depends on the amount invested and the age of an individual, with the effective annualised interest being 8.77% for senior citizens and 8.24% for others. Amounts in excess of Rs.1 crore come with an interest rate of 8.51% for seniors and 7.98% for others, respectively.

    RBL Bank Fixed Deposit for 5 Years
    Interest Rate & Compounding Amount Invested Tenure
    Under yearly compounding at 7.70% Less than Rs.1 crore 5 years

    PNB Housing Finance Limited 5 Years FD

    Individuals who open a fixed deposit with PNB Housing Finance Limited stand a chance to earn interest ranging between 7.60% and 7.90% per annum for a 5 year term. Senior citizens are entitled to 0.25% per annum additionally while all others are eligible to maximum interest of 7.90%, with the interest compounded annually.

    PNB HFL Fixed Deposit for 5 Years
    Interest Rate & Compounding Amount Invested Tenure
    Under monthly compounding at 7.15% Less than Rs.1 crore 5 years
    Compounding quarterly at 7.20% Less than Rs.1 crore 5 years
    Under half yearly compounding at 7.30% Less than Rs.1 crore 5 years
    Under yearly compounding at 7.40% Less than Rs.1 crore 5 years

    Shriram Transport Finance Company Limited (STFCL) 5 Years FD

    A NBFC with excellent financial results, STFCL offers FDs which are highly rated. Interest on a 5 year FD stands at 8.75% per annum for senior citizens and 8.50% per annum for others (compounded annually).

    Shriram Finance Fixed Deposit for 5 Years
    Interest Rate & Compounding Amount Invested Tenure
    Under monthly compounding at 7.95% Less than Rs.1 crore 5 years
    Compounding quarterly at 8.00% Less than Rs.1 crore 5 years
    Under half yearly compounding at 8.08% Less than Rs.1 crore 5 years
    Under yearly compounding at 8.25% Less than Rs.1 crore 5 years

    LIC HFL Fixed Deposit for 5 Years Tenure

    A 5 year FD with LIC Housing Finance Limited can earn investors an interest ranging between 7.95% and 8.05% per annum. Senior citizens are eligible to earn a maximum of 8.05% on their FD, while all others earn 7.95%. Interest is compounded every year at LIC HFL.

    LIC HFL Fixed Deposit for 5 Years
    Interest Rate & Compounding Amount Invested Tenure
    Under yearly compounding at 7.95% Less than Rs.1 crore 5 years

    Calculation of Interest on Five Year Fixed Deposit

    Interest rates charged on a fixed deposit account will vary based on the bank offering it. Although they fall within a general percentage spectrum, the rates will vary slightly. These rates of interest will be compounded annually/semi-annually/quarterly or monthly. Generally, customers are advised to opt for a deposit wherein rates of interest are compounded monthly as these provide higher returns as compared to that of annual, semi-annual or quarterly deposits.

    For example, if a bank offers a rate of interest of 9.25% for a deposit that is being compounded yearly, then the same account, if being compounded quarterly, will provide an interest rate of 9%. Assuming the deposit value is Rs.2 lakhs, then a deposit account being compounded every quarter will provide a return of Rs.3.12 lakhs whereas a deposit being compounded yearly will provide a return of Rs.3.11 lakhs.

    Although interest rates are a deciding factor when it comes to deciding which bank to procure a 5 year fixed deposit scheme from, it should not overshadow other criteria. The frequency of interest compounding should also be considered while deciding on a particular scheme.

    Also, high rates of interest may or may not mean that the money will be safe. The reputation of the bank is also another factor that needs to be looked into. If individuals are applying for a fixed deposit for 5 years, then it is better they opt for a reliable bank or a reputed one. Individuals might also end up losing their money even if a slight mistake is made.

    Who can apply for the Five Year Fixed Deposit Scheme

    The following individuals can apply for a Five Year Fixed Deposit Scheme:

    • Indian residents who have a PAN card
    • NRIs
    • Senior Citizens

    Updated on January 2017

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