Live comparison
Latest Bank Interest Rates
Current rates from SBI, HDFC, ICICI, Axis, Kotak and others across savings accounts, FDs, home loans, personal loans, car loans, education loans, and gold loans. Updated 21 May 2026.
💰 Savings Account (incl. Post Office)
Per annum, post-tax| Provider | Tier 1 | Tier 2 (high bal) | Notes |
|---|---|---|---|
| Kotak Mahindra | 5.50% | 6.00% | 6% on bal > ₹1L (best in class) |
| Post Office Savings | 4.00% | 4.00% | Govt-notified flat rate · Sovereign-backed |
| SBI | 3.50% | 4.00% | Tier 2: balance > ₹1 crore |
| HDFC | 3.50% | 4.00% | Tier 2: balance > ₹50 lakh |
| Axis | 3.00% | 3.50% | Tier 2: balance > ₹50 lakh |
| Canara Bank | 2.90% | 3.50% | PSU · Tier 2: bal > ₹50 lakh |
| Bank of Baroda | 2.75% | 3.35% | PSU · Tier 2: bal > ₹50 lakh |
| Union Bank | 2.75% | 3.40% | PSU · Tier 2: bal > ₹100 cr |
| PNB | 2.70% | 3.00% | PSU · Tier 2: bal > ₹10 lakh |
| Bank of India | 2.75% | 2.90% | PSU · Tier 2: bal > ₹100 cr |
| ICICI | 2.50% | 2.50% | Flat — no balance tiering |
Post Office Savings Account: 4% flat (sovereign-backed, no min balance). First ₹10K interest tax-free u/s 80TTA (non-seniors) / ₹50K u/s 80TTB (seniors). All Post Office schemes →
🏦 Fixed Deposit & FD-equivalent (incl. Post Office)
Sorted by best senior rate| Provider | Regular | Senior | Tenure | Notes |
|---|---|---|---|---|
| SCSS (Post Office) ★ | — | 8.20% | 5 yr (+3 ext) | Seniors 60+ ONLY · Max ₹30L · 80C eligible · Govt-backed |
| PNB (Super Sr 80+) | — | 7.20% | 5-10 yr | For super seniors aged 80+ only |
| Axis Bank | 6.70% | 7.20% | 5-10 yr | Highest senior rate in big banks |
| ICICI Bank | 6.60% | 7.10% | 3-5 yr | Best for 3-5Y senior |
| Bank of Baroda | 6.60% | 7.10% | 444 days | PSU · Special tenure FD; 5Y also at 7.00% |
| Post Office TD 3Y | 7.10% | 7.10% | 3 yr | Govt-backed · Quarterly compounded |
| SBI | 6.55% | 7.05% | 5-10 yr | PSU · Amrit Vrishti 444-day: 6.95% (sr) |
| Canara Bank | 6.50% | 7.00% | 3-5 yr | PSU · Senior +0.50% bonus |
| Bank of India | 6.50% | 7.00% | 5+ yr | PSU · 666-day special offer at 7.05% (sr) |
| HDFC Bank | 6.50% | 7.00% | 3 yr | Conservative profile |
| Kotak Mahindra | 6.50% | 7.00% | 1-2 yr | Strong short-term FD |
| POMIS (Post Office) ★ | 7.40% | 7.40% | 5 yr | Monthly interest payout · Max ₹9L single / ₹15L joint |
| PNB | 6.40% | 6.90% | 3-5 yr | PSU · Senior +0.50% bonus |
| Union Bank | 6.30% | 6.80% | 3 yr | PSU · Senior +0.50% bonus |
| Post Office TD 5Y | 7.50% | 7.50% | 5 yr | Govt-backed · 80C eligible · No DICGC limit |
| Post Office TD 2Y | 7.00% | 7.00% | 2 yr | Govt-backed · Quarterly compounded |
| Post Office TD 1Y | 6.90% | 6.90% | 1 yr | Govt-backed · Quarterly compounded |
PO badge = Post Office scheme (sovereign-backed, no DICGC ₹5L limit unlike banks). Senior citizens get extra 0.50% across all banks. SFBs (Equitas, AU, Suryoday) offer 7.50%-8.00% but DICGC capped at ₹5L. FD calc → · SCSS calc → · PO TD calc → · POMIS calc →
🏛️ Tax-Saving & Long-term Deposits
Post Office vs Bank tax-saver FD| Scheme | Rate | Tenure | Tax | Cap |
|---|---|---|---|---|
| Sukanya Samriddhi (SSY) | 8.20% | 21 years | EEE (fully tax-free) | ₹1.5L/yr · Girl child <10 |
| NSC | 7.70% | 5 years | 80C on deposit, slab on interest | No limit |
| Mahila Samman Cert | 7.50% | 2 years | Slab (no 80C) | ₹2L · Women only |
| KVP (money-doubling) | 7.50% | ~115 mo | Slab | No limit |
| PPF | 7.10% | 15 years | EEE (fully tax-free) | ₹1.5L/yr |
| Bank Tax-Saver FD (5Y) | 6.50%–7.50% | 5 yr lock | 80C on deposit, slab on interest | ₹1.5L/yr · No prem withdrawal |
Sukanya Samriddhi (SSY) wins for girl child savings — 8.2% tax-free is unmatched. PPF wins on tax discipline — EEE status + 15-year compounding. NSC beats bank tax-saver FD on rate (7.7% vs 6.5-7.5%) but interest taxable. All Post Office schemes →
🏠 Home Loan
Floating, salary-account customer| Bank | Range | Best (CIBIL 750+) | Notes |
|---|---|---|---|
| Bank of India | 7.10% – 10.25% | 7.10% | PSU · Lowest entry rate among PSBs |
| Canara Bank | 7.15% – 10.00% | 7.15% | PSU · Govt employee discount |
| Union Bank | 7.15% – 9.50% | 7.15% | PSU · 0.25% discount for women |
| Bank of Baroda | 7.20% – 9.25% | 7.20% | PSU · Lowest among big banks · Govt employee discount |
| PNB | 7.20% – 9.10% | 7.20% | PSU · Special rates for govt employees |
| ICICI Bank | 7.50% – 9.00% | 7.50% | Pre-approved customers · digital-first |
| SBI | 7.50% – 8.70% | 7.50% | PSU · Largest network; salary account discount |
| HDFC Bank | 7.75% – 9.00% | 7.75% | Rate revised May 2026 · Women borrower discount |
| Axis Bank | 8.35% – 11.90% | 8.35% | Higher base; promo discounts available |
Women borrowers get ~0.05% extra discount. Always negotiate processing fee (often waived in promo months). Run home loan EMI →
💸 Personal Loan
Unsecured, CIBIL-driven| Bank | Range | Best | Notes |
|---|---|---|---|
| SBI | 10.50% – 13.00% | 10.50% | PSU · Lowest base in big banks |
| PNB | 10.50% – 16.00% | 10.50% | PSU · Up to ₹20L · Pre-approved for govt employees |
| Bank of Baroda | 10.75% – 14.50% | 10.75% | PSU · Doctor/CA special rate 10.40% |
| HDFC Bank | 10.75% – 14.00% | 10.75% | Fast disbursal; existing customer discount |
| Canara Bank | 10.95% – 14.00% | 10.95% | PSU · Insta-loan for salaried |
| ICICI Bank | 10.85% – 18.50% | 10.85% | Wide rate band based on CIBIL |
| Axis Bank | 10.99% – 22.00% | 10.99% | Higher rates for risky profiles |
| Union Bank | 11.00% – 14.50% | 11.00% | PSU · Special offer for pensioners |
| Kotak Mahindra | 10.99% – 20.00% | 10.99% | Digital-only; pre-approved offers |
| Bank of India | 11.25% – 15.50% | 11.25% | PSU · BOI Star Personal Loan |
Below 700 CIBIL → expect 16%+. Pre-approved offers from existing bank save 1-2%. Calculate personal loan EMI →
🚗 Car Loan
New car, salary customer| Bank | Range | Best | Notes |
|---|---|---|---|
| SBI | 7.60% – 9.50% | 7.60% | PSU · Lowest base; salary account discount |
| PNB | 7.75% – 9.50% | 7.75% | PSU · Up to 90% LTV |
| Canara Bank | 7.80% – 10.50% | 7.80% | PSU · 7Y max tenure |
| Bank of Baroda | 7.85% – 10.40% | 7.85% | PSU · Pre-approved for existing customers |
| Union Bank | 7.90% – 9.80% | 7.90% | PSU · Quick disbursal |
| HDFC Bank | 8.00% – 10.50% | 8.00% | Quick processing; dealer tie-ups |
| ICICI Bank | 8.10% – 11.00% | 8.10% | Used car loans also available |
| Bank of India | 8.30% – 10.50% | 8.30% | PSU · BOI Star Vehicle Loan |
| Axis Bank | 8.50% – 11.50% | 8.50% | Higher LTV options available |
Used cars: add ~1.5-2.5% to rates. Dealer subvention schemes can drop effective rate to 4-5% (manufacturer-subsidised). Run car loan EMI →
🎓 Education Loan
Domestic + foreign, Section 80E eligible| Lender | Range | Best | Notes |
|---|---|---|---|
| SBI | 8.50% – 11.50% | 8.50% | Best for IIT/IIM (Schole Plan) |
| PNB | 8.55% – 11.25% | 8.55% | PSB rate; CSIS subsidy eligible |
| HDFC Credila | 9.00% – 13.00% | 9.00% | Specialised education NBFC |
| ICICI Bank | 9.50% – 14.00% | 9.50% | Higher for foreign education |
Section 80E: interest deduction without upper cap for 8 years. CSIS subsidy for parental income < ₹4.5L (full interest waived during study + 1Y). Education loan EMI →
🪙 Gold Loan
LTV 60-75%, quick disbursal| Lender | Range | Best | Notes |
|---|---|---|---|
| SBI | 8.55% – 10.05% | 8.55% | Lowest among banks |
| HDFC Bank | 9.50% – 16.50% | 9.50% | Quick disbursal; flexible repayment |
| ICICI Bank | 9.90% – 18.00% | 9.90% | Up to 75% LTV |
| Muthoot Finance | 8.50% – 22.00% | 8.50% | NBFC; 24/7 branches |
| Manappuram | 9.90% – 24.00% | 9.90% | NBFC; flexible tenure |
RBI mandates max 75% LTV (loan-to-value). Bullet repayment vs EMI choice exists. Gold loan EMI →
Quick negotiation tips
RBI policy context
RBI MPC has held the repo rate at 5.25% — down 125 bps from FY 2024-25 highs. Banks are slow to pass through to floating-rate borrowers; new borrowers benefit more than existing. Senior citizen TDS threshold doubled to ₹1L under Section 194A (Budget 2025).
Last updated: 21 May 2026. Rates change frequently — verify with the bank before borrowing or depositing. Sources: official bank websites, Paisabazaar, Policybazaar, ZeeBiz, BasicHomeLoan, BankBazaar. Numbers shown are card rates / starting rates — your actual offer depends on CIBIL, income, employer category, and tenure.