Fixed Deposit Interest Rates in Kanpur (2026)

Kanpur is one of Uttar Pradesh's most active commercial hubs, home to a large working population, traders, and retirees who depend on safe investment options like fixed deposits. Banks are currently offering returns of up to 8.10% p.a. for general citizens and up to 8.50% p.a. for senior citizens. Read on for fixed deposit interest rate comparisons in Kanpur across banks.

Best FD Rates in Kanpur

Several banks operating in Kanpur offer attractive fixed deposit rates across different tenures. Small finance banks tend to top the charts on returns, while public sector banks offer reliability and trust. Here is a look at the current best FD rates in Kanpur for general citizens:

Want to know how much your deposit will grow? Use the FD calculator below to estimate your maturity amount and total interest earned based on your investment amount, tenure, and chosen interest rate.

Best FD Rates for Senior Citizens in Kanpur

Senior citizens in Kanpur generally earn an additional 0.25% to 0.50% over the standard FD rate, depending on the bank. This makes fixed deposits an especially attractive instrument for retirees who need predictable, regular income. Below are the top senior citizen FD rates in Kanpur right now:

Tax on FD Interest in Kanpur

The tax treatment of FD interest income is the same across all cities and states in India, there is no special rule for Kanpur. The interest you earn on a fixed deposit is added to your total annual income and taxed according to your applicable income tax slab.

How to Open an FD in Kanpur Through Stable Money?

Stable Money is a platform that lets you compare FD interest rates from multiple banks in one place and invest online without visiting a branch, a major convenience for Kanpur residents with busy schedules. Here is how you can book a fixed deposit through the Stable Money app:

• Download and Install the Stable Money App from the Google Play Store or Apple App Store.
• Register using your mobile number linked to your Aadhaar Card.
• On the Homepage, browse FD options from various banks and NBFCs.
• Compare FDs based on interest rate, tenure, and monthly payout.
• Select the bank FD you wish to invest in.
• Choose your preferred tenure.
• Tap Invest Now and enter the investment amount.
• Click Continue and provide your Aadhaar and PAN card details.
• Add a nominee and review all entered information carefully.
• Link your bank account for future withdrawals.
• Complete VKYC (Video Know Your Customer) for one-time identity verification.
• Make the payment to confirm your FD booking.

Once your deposit is booked, you will receive an FD receipt on your registered mobile number, email, and WhatsApp. The receipt includes details such as your FDR number, customer ID, invested amount, tenure, and maturity date. You can also access it anytime in the Passbook section of the app.