5-Year FD Rates 2026
Compare 5-year fixed deposit rates across banks, tax-saver FD rates and Post Office 5-year TD — with maturity value on ₹1 lakh.
Updated 30 September 2026 · 25 banks trackedWhat you need to know
Five years is a popular FD tenure because it locks today’s rate for a long period and qualifies for the tax-saver FD deduction (old regime). Banks’ 5-year rates are currently in the 5.85%–7.00% range for regular depositors, while the Post Office 5-year Time Deposit pays 7.5%.
5-year FD rates by bank
| Bank | 5-year rate (general / senior) | ₹1 lakh grows to (general) | Tax-saver FD |
|---|---|---|---|
| RBL Bank | 7.00% Sr: 7.50% | ₹1,41,478 | 6.70% |
| YES Bank | 7.00% Sr: 7.75% | ₹1,41,478 | 6.75% |
| IDFC FIRST Bank | 6.75% Sr: 7.00% | ₹1,39,750 | 6.75% |
| IndusInd Bank | 6.65% Sr: 7.15% | ₹1,39,064 | — |
| Tamilnad Mercantile Bank | 6.60% Sr: 7.10% | ₹1,38,723 | — |
| ICICI Bank | 6.50% Sr: 7.10% | ₹1,38,042 | 6.50% |
| Axis Bank | 6.50% Sr: 7.25% | ₹1,38,042 | — |
| HDFC Bank | 6.40% Sr: 6.90% | ₹1,37,364 | 6.40% |
| Federal Bank | 6.40% Sr: 6.90% | ₹1,37,364 | — |
| Bank of Baroda | 6.30% Sr: 6.90% | ₹1,36,690 | 6.30% |
| Kotak Mahindra Bank | 6.25% Sr: 6.75% | ₹1,36,354 | — |
| IDBI Bank | 6.25% Sr: 6.75% | ₹1,36,354 | 6.25% |
| Canara Bank | 6.25% Sr: 6.75% | ₹1,36,354 | 6.25% |
| Standard Chartered Bank | 6.25% Sr: 6.75% | ₹1,36,354 | — |
| Karnataka Bank | 6.15% Sr: 6.55% | ₹1,35,684 | — |
| Punjab National Bank | 6.10% Sr: 6.60% | ₹1,35,351 | — |
| Indian Overseas Bank | 6.10% Sr: 6.60% | ₹1,35,351 | — |
| State Bank of India | 6.05% Sr: 7.05% | ₹1,35,018 | 6.05% |
| Union Bank of India | 6.00% Sr: 6.50% | ₹1,34,686 | 6.00% |
| Central Bank of India | 6.00% Sr: 6.50% | ₹1,34,686 | — |
| Bank of India | 6.00% Sr: 6.75% | ₹1,34,686 | 6.00% |
| Indian Bank | 6.00% Sr: 6.50% | ₹1,34,686 | 6.00% |
| Bandhan Bank | 5.85% Sr: 6.60% | ₹1,33,694 | 6.25% |
| South Indian Bank | 5.70% Sr: 6.20% | ₹1,32,709 | 5.70% |
| Bank of Maharashtra | 5.00% Sr: 5.50% | ₹1,28,204 | — |
Rate that applies to a deposit of exactly that tenure on each bank’s current card. Sorted by 5-year rate. “—” means the bank’s published card has no slab covering that tenure; check with the bank.
Post Office 5-year TD vs bank 5-year FD
| Feature | Post Office 5-yr TD | Bank 5-yr FD |
|---|---|---|
| Rate | 7.5% (Jul–Sep 2026), fixed for 5 years | 5.85% – 7.00% (regular) |
| Interest | Compounded quarterly, paid annually | Cumulative or payout |
| Safety | Sovereign guarantee | DICGC up to ₹5 lakh |
| Tax deduction | Yes, up to ₹1.5 lakh (old regime) | Only on tax-saver FD |
| Premature exit | After 4 years with lower rate | Allowed on regular FD with penalty |
Frequently asked questions
Is a 5-year FD better than a 3-year FD?
Only if you are comfortable locking money for 5 years. Several banks now pay less for 5 years than for 2–3 years.
Can I withdraw a 5-year FD early?
A regular 5-year FD can be broken with a penalty; a tax-saver FD cannot be withdrawn before 5 years.
Information is for education and comparison. Rates and rules change — confirm with your bank and a tax adviser before investing. FinancePortal is not a financial or tax adviser.