Money won’t grow in your mattress.
It will grow in a Fixed Deposit!
  • loading

    Top 10 Fixed Deposit Rates for 1 Year Deposits

    We found 111 Top 10 Fixed Deposit Rates for 1 Year Deposits

    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
     Loading your search... Loading your search...
  • 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

    Top 10 Fixed Deposit Rates for 1 Year Deposits is Rated as "Excellent!" by 1735 Users

    Fees & Charges

    Promised Interest Rate

    Customer Service

    Responsiveness

    Fixed Deposit BYTES FROM OUR KITCHEN

    Overview

    Fixed Deposits are a wonderful tool through which to grow idle savings into sizable amounts of money. Decades ago, investors realised that a lot of research and investigation is required to find the best fixed deposit scheme in terms of interest rates and terms and conditions, and also the reliability of the financial institution providing the deposit facility. The safety and reliability of fixed deposits are what made them widely considered as a viable investment option. There are many different categories of fixed deposit plans in India. Depositors are given options of different payout frequencies and also given various tenures to choose from. This allows maximum flexibility. Short term fixed deposit accounts give the depositor the freedom of liquidity while still earning maximum possible returns.

    Top 10 Fixed Deposit Schemes for 1 Year Tenure

    Listed below are some of the best schemes for a tenure of 1 Year.

    Shriram City Union Fixed Deposit for 1 Year

    Despite being an NBFC, Shriram City Finance is one of the most successful and trusted fixed deposit providers in the country. This NBFC offers an interest rate of 7.95% under the monthly compounding system, and 8.00% under the quarterly compounding system.

    Interest Rate & Compounding Amount Invested Tenure
    Under monthly compounding at 7.2% Less than Rs.1 crore 1 year
    Compounding quarterly at 7.77% Less than Rs.1 crore 1 year

    RBL Bank One Year Fixed Deposit

    One of the most trusted but least advertised private sector banks in India – RBL Bank – has a range of options for fixed deposits in terms of tenure. The interest rates vary between 7.75% and 8.00% for deposits up to 1 year, depending on the amount invested. Senior citizens get a preferential interest rate ranging between 7.98% and 8.24%, depending on the amount invested, for the same tenure. The bank offers 5 different FD plans, depending on the needs of the customer.

    Interest Rate & Compounding Amount Invested Tenure
    Under monthly compounding at 7.75% Less than Rs.1 crore 1 year

    Bandhan Bank 1 Year Fixed Deposit

    This bank offers 2 FD schemes that can be chosen depending on the requirement of the customer. Compounding frequency can be chosen as either monthly or quarterly, and the interest rate is a flat 8.25% for the tenure of 1 year.

    Interest Rate & Compounding Amount Invested Tenure
    Under monthly compounding at 8.00% Less than Rs.1 crore 1 year

    Mahindra Finance Fixed Deposit for 1 Year

    This private NBFC provides higher interest rates than most banks, and has been around long enough to be widely considered a trusted name in personal finance. Senior citizens get an additional 0.25% on the interest rate through Mahindra finance. Mahindra Finance offers 7.75% interest on its fixed deposits when compounded half yearly. Interest is compounded either quarterly or half-yearly.

    Interest Rate & Compounding Amount Invested Tenure
    Under half-yearly compounding at 7.75% Less than Rs.1 crore 1 year
    Compounding quarterly at 7.65% Less than Rs.1 crore 1 year

    Shriram Transport Finance Company 1 Year Fixed Deposit

    This is an NBFC that’s expanded its operations from offering financing for those that require transportation related assets and has moved into deposits, etc. Interest can be compounded in these deposits on a monthly, quarterly, half-yearly, and yearly basis. Interest rates offered are 7.72% for monthly compounding, 7.77% for quarterly compounding, 7.85% for half-yearly compounding, and 8.00% for annual compounding.

    Interest Rate & Compounding Amount Invested Tenure
    Under monthly compounding at 7.72% Less than Rs.1 crore 1 year
    Compounding quarterly at 7.77% Less than Rs.1 crore 1 year
    Compounding half yearly at 7.85% Less than Rs.1 crore 1 year
    Compounding yearly at 8.00% Less than Rs.1 crore 1 year

    Indian Post Office Fixed Deposit for 1 Year Tenure

    The Indian Post Office offers the most widely available fixed deposit schemes in the country. Also, this institution provides a lower interest rate as compared to most banks and NBFCs but is arguably the most trustworthy place in which to park your funds. Interest is compounded quarterly, but paid annually, and is currently being offered at 7.1% for a tenure of 1 year.

    Interest Rate & Compounding Amount Invested Tenure
    Under monthly compounding at 7.10% Less than Rs.1 crore 1 year

    Sundaram Finance Fixed Deposit for 1 Year

    Another very successful and widely trusted NBFC that offers fixed deposits is the Sundaram Finance NBFC. Investors are offered the choice of having interest compounded monthly or quarterly. The deposits can be made for a tenure of one year and interest is compounded monthly at the rate of 7.45%, and quarterly at the rate of 7.50%.

    Interest Rate & Compounding Amount Invested Tenure
    Under monthly compounding at 6.96% Less than Rs.1 crore 1 year
    Compounding quarterly at 7.00% Less than Rs.1 crore 1 year

    LIC Housing One Year Fixed Deposit

    The LIC Housing Finance Company has been rated FAAA by CRISIL, and offers interest rates on par with most banks and leading NBFCs for deposits of 1 year tenure. Senior citizens are offered an additional interest rate of 0.10% on top of the advertised interest rate which is 7.85% for fixed deposits of a 1 year tenure. Interest compounds annually only.

    Interest Rate & Compounding Amount Invested Tenure
    Under monthly compounding at 7.85% Less than Rs.1 crore 1 year

    ICICI Home Finance 1 Year FD

    The minimum deposit tenure offered by the ICICI Housing Finance Company is 1 year. Interest can be compounded annually, quarterly, or monthly. The current interest rates are 7.50% for the monthly compounding option, 7.55% for the quarterly compounding option, and 7.75% for the annual compounding option.

    Interest Rate & Compounding Amount Invested Tenure
    Under monthly compounding at 7.50% Less than Rs.1 crore 1 year
    Compounding quarterly at 7.55% Less than Rs.1 crore 1 year
    Compounding yearly at 7.75% Less than Rs.1 crore 1 year

    IndusInd Bank FD for 1 Year Tenure

    One of the better options to take a fixed deposit out from a private sector bank is the IndusInd Bank. Investors in this FD can make partial withdrawals from their accounts. The interest rate currently is 7.35%, which is lower than most other offerings, but comes from an institution that’s been rated as one of the most trustworthy and reliable in this kind of business.

    Interest Rate & Compounding Amount Invested Tenure
    Under monthly compounding at 7.15% Less than Rs.1 crore 1 year

    Updated on January, 2017

  • reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.