Fixed Deposit Interest Rates in Delhi (2026)

Delhi offers a wide range of fixed deposit options for investors looking to earn stable and predictable returns on their savings. Several banks are currently offering FD interest rates above 8% p.a., making it a suitable time for investors seeking guaranteed returns. Continue reading to explore the best FD rates in Delhi for both general and senior citizens, compare monthly payouts, etc. 

Best FD Rates in Delhi

Investors looking for higher FD returns can compare interest rates across small finance banks, private banks, and public sector banks in one place. The table below highlights the best FD rates in Delhi, along with tenures and estimated monthly payouts, helping you make an informed choice without browsing multiple bank websites.

Use the FD calculator below to instantly estimate the returns on your fixed deposit investment. Enter your investment amount, tenure, and interest rate to check your estimated maturity value and interest income within seconds.

Delhi-Based Co-operative Banks FD Rates

Delhi also has several RBI-regulated urban co-operative banks that provide competitive FD interest rates, often higher than many public sector banks for comparable tenures. Although these banks may not be as widely recognised as larger banks, deposits of up to ₹5 lakh per depositor are covered under DICGC insurance protection.

Best FD Rates for Senior Citizens in Delhi

Senior citizens in Delhi can benefit from additional interest rates of up to 0.50%  on fixed deposits. The following table highlights the best senior citizen FD rates along with estimated monthly payouts on a ₹10 lakh investment.

Tax on FD Interest in Delhi

The tax treatment of fixed deposit interest in Delhi remains the same as in other states and cities of India. FD interest earned from banks and NBFCs is added to your total taxable income and taxed according to your applicable income tax slab.

Banks deduct 10% TDS if the interest earned crosses the prescribed limit during a financial year (i.e. 50,000 for general and 1,00,000 for senior citizens). However, senior citizens and eligible individuals can submit Form 15H to avoid unnecessary TDS deductions if their taxable income is below the exemption limit.

How to Open an FD in Delhi Through Stable Money?

Opening a fixed deposit online with Stable Money is quick and hassle-free. The platform helps you compare FD rates from multiple banks, check payout options, and tenures all in one app. Here’s how you can book an FD through Stable Money:

• Download the Stable Money app from the Google Play Store or Apple App Store.
• Sign up using your Aadhaar-linked mobile number.
• Browse FD options offered by various banks and financial institutions.
• Compare interest rates, tenures, payout frequencies, and senior citizen benefits.
• Select the FD you want to invest in.
• Enter your preferred tenure and investment amount.
• Upload or verify your PAN and Aadhaar details.
• Add nominee details and review your application.
• Link your bank account for maturity and withdrawal purposes.
• Complete the one-time Video KYC verification.
• Make the payment to confirm your FD booking.

After a successful investment, your FD receipt is shared on your registered mobile number, email ID, and WhatsApp. You can also access the receipt anytime through the passbook section in the Stable Money app.