Several banks, including DCB Bank, Punjab & Sindh Bank, and AU Small Finance Bank, in March have revised their interest rates for fixed deposits (FDs) interest rates in March. Below is an overview overview of the latest FD interest rates available on for fixed deposits below under Rs 3 crore, from banks offering that provide competitive returns across various tenures.
DCB Bank’s FD interest rates
Following the revision, DCB Bank now offers interest rates between 3.75% and 8% on FD amounts less than Rs 3 crore for general citizens for tenures ranging from 7 days to 10 years. For senior citizens, the bank offers interest rates between 4.25% and 8.50%. The highest FD interest rate of 8% and 8.5% (senior citizens) is offered on a tenure of 15 months to less than 16 months. The new rates are applicable effective from March 5, 2025.
Also read: 8 things that will end on March 31, 2025: Income tax deadline, SBI credit card changes to Mahila Samman investment and more
| Tenure | Deposit Interest Rate | Rate for Senior Citizens (% p.a.) |
| (% p.a.) | ||
| Single Deposit of less than | ||
| ₹ 3 Crore | ||
| 7 days to 45 days | 3.75% | 4.25% |
| 46 days to 90 days | 4.00% | 4.50% |
| 91 days to less than 6 months | 4.75% | 5.25% |
| 6 months to less than 10 months | 6.20% | 6.70% |
| 10 months to less than 12 months | 7.05% | 7.55% |
| 12 months | 7.10% | 7.60% |
| More than 12 months to 12 month 10 days | 7.50% | 8.00% |
| 12 months 11 days to less than 15 months | 7.15% | 7.65% |
| 15 months to less than 16 months | 8.00% | 8.50% |
| 16 months to 17 months | 7.15% | 7.65% |
| 17 months 1 days to 18 months 5 days | 7.10% | 7.60% |
| 18 months 6 days to less than 700 days | 7.40% | 7.90% |
| 700 days to less than 37 months | 7.50% | 8.00% |
| 37 months to 38 months | 7.85% | 8.35% |
| More than 38 months to less than 61 months | 7.40% | 7.90% |
| 61 months | 7.65% | 8.15% |
| More than 61 months to 120 months | 7.25% | 7.75% |
Punjab & Sindh FD interest rates
Following the revision, Punjab & Sindh Bank now offers interest rates between 4% and 7.45% on callable FD amounts less than Rs 3 crore for general citizens for tenures ranging from 7 days to 10 years. For senior citizens, the bank offers interest rates between 4% to and 7.95%. The highest interest rate of 7.45% and 7.95% (senior citizens) is offered on tenure of 555 days.
FD interest rate up to 8.05%: Deadline of 6 banks’ special fixed deposit ends on March 31, 2025
The new rates are applicable from March 15, 2025.
According to the bank website, “Senior Citizens citizens shall be given the benefit of additional interest of 0.50% on term deposits of less than Rs. 3 crore,, over and above the mentioned rates for the maturity of 180 days & and above on fresh as well as on renewal of term deposits,”.
| Revised w.e.f. 15/03/2025 (% p.a.) | |
| Maturity | Fixed Deposit |
| Less than Rs.3 Cr | |
| 7 – 14 Days | 4.00(#) |
| 15 – 30 Days | 4 |
| 31 – 45 Days | 4.25 |
| 46 – 90 Days | 4.5 |
| 91 – 120 Days | 4.5 |
| 121-150 Days | 4.75 |
| 151 – 179 Days | 6 |
| 180 – 269 Days | 5.25 |
| 270 – 332 Days | 5.5 |
| 333 Days | 7.20($) |
| 334-1 Year | 5.5 |
| 1 Year | 6.3 |
| >1 Years – 443 Days | 6 |
| 444 Days | 7.30($) |
| 445 Days – 554 Days | 6 |
| 555 days ( Callable) | 7.45($) |
| 555 days ( Non – Callable)* | 7.50($) |
| 556 Days – 22 Months | 6 |
| 22 Months (PSB Green Earth) | 7.00* |
| >22 Months-2 Years | 6 |
| 2 Years – 776 Days | 6.3 |
| 777 Days | 7.25($) |
| 778 Days -998 Days | 6.3 |
| 999 Days ( Callable) | 6.65($) |
| 999 Days (Non-Callable)* | 7.40($) |
| 1000 Days – 3 Years | 6.3 |
| 3 Years – 44 Months | 6 |
| 44 Months (PSB Green Earth) | 6.75* |
| >44 Months – 5 years | 6 |
| 5 Y | 6.5 |
| 66 Months (PSB Green Earth) | 6.45* |
| >5Y – 66 Month | 6.25 |
| 66 Month (PSB Green Earth) | 6.45* |
| > 66 Month -10Y | 6.25 |
(#) Minimum amount of term deposit shall be Rs. 1.00 lac
($) Valid for period upto 31.03.2025 only.
(*) As Per Terms & Conditions
AU Small Finance Bank
Following the revision, AU Small Finance Bank now offers interest rates between 3.75% and 8% on FD amounts less than Rs 3 crore for general citizens for tenures ranging from 7 days to 10 years. For senior citizens, the bank offers an interest rates between 4.25% to and 8.05%.
The highest interest rate of 8% and 8.5% (senior citizens) is offered on a tenure of 18 months. .
The new rates are applicable from March 10, 2025.
| Tenure Bucket | Interest Rates |
| 7 Days to 1 Month 15 Days | 3.75% |
| 1 Month 16 Days to 3 Months | 5.50% |
| 3 Months 1 Day to 6 Months | 6.00% |
| 6 Months 1 Day to 12 Months | 7.25% |
| 12 Months 1 Day to 15 Months | 7.85% |
| 15 Months 1 Day to less than 18 Months | 7.50% |
| 18 Months | 8.00% |
| 18 Months 1 Day to 24 Months | 7.75% |
| 24 Months 1 Day to 36 Months | 7.50% |
| 36 Months 1 Day to 45 Months | 7.50% |
| 45 Months 1 Day to less than 60 Months | 7.25% |
| 60 Months to 120 Months | 7.25% |
Here’s a table comparing the highest fixed deposit (FD) interest rates offered by DCB Bank, Punjab & Sindh Bank, and AU Small Finance Bank:
Bank Highest Interest Rate (General Citizens) Highest Interest Rate (Senior Citizens) Tenure Effective Date
| Bank | Highest Interest Rate (General Citizens) | Highest Interest Rate (Senior Citizens) | Tenure | Effective Date |
| DCB Bank | 8.00% | 8.50% | 15 months to 16 months | 5-Mar-25 |
| Punjab & Sindh Bank | 7.45% | 7.95% | 555 days | 15-Mar-25 |
| AU Small Finance Bank | 8.00% | 8.50% | 18 months | 10-Mar-25 |
