10 Lakh FD: If you're considering an FD of Rs 10 lakh, learn which banks offer the highest interest rates. What returns can you expect with interest rates up to 8.10%, and what to consider before making an FD.
Opportunity for bumper returns on FD
10 Lakh FD: Fixed deposits are a popular investment option. Investors who want a fixed interest rate while avoiding the ups and downs of the stock market are particularly interested in them. However, not all banks offer the same interest rates on FDs. Some small finance banks offer higher interest rates than larger private and public sector banks. As of August 2026, some banks are offering up to 8.10% annual interest on FDs. Therefore, if you have 10 lakh rupees, it's wise to compare interest rates before choosing a bank.
How much interest is there on 10 lakh rupees per annum?
| Bank | Maximum interest rate | Simple interest on Rs 10 lakh for 1 year |
| Suryoday SF Bank | 8.10% | 81,000 rupees |
| Utkarsh SF Bank | 8.10% | 81,000 rupees |
| Shivalik SF Bank | 8.00% | 80,000 rupees |
| Jana SF Bank | 8.00% | 80,000 rupees |
| Equitas SF Bank | 8.00% | 80,000 rupees |
| Ujjivan SF Bank | 7.80% | 78,000 rupees |
| Slice SF Bank | 7.75% | ₹77,500 |
| DCB SF Bank | 7.50% | 75,000 rupees |
| Bandhan SF Bank | 7.45% | ₹74,500 |
| IDFC SF Bank | 7.25% | ₹72,500 |
| HDFC SF Bank | 6.50% | 65,000 rupees |
Don't invest 8.10% in FDs
8.10% is the bank's most common FD rate, but it's not necessarily the same rate you'll receive on a one-year FD. Different banks offer different interest rates for different tenures. Suryoday Small Finance Bank's rates show a maximum rate of 8.10% for a 30-month term, while the one-year rate is 7.25%. Therefore, before making an FD, instead of just looking at the headline rate, consider the bank's interest rate for the period you're depositing.
