FixFD - Compare Bank Fixed Deposits & Get realtime Highest Interest Rates

What is FixFD?

FixFD provides instant Interest Rate information and Real-Time updates on 130+ banks from the RBI Scheduled Commercial Bank (SCB) list. With a simple search, you can find the details of all the banks you need in a single click, by performing a simple comparison with other banks' FD rates, you can easily identify the Highest Annual Percentage Rates (APR) and Annual Percentage Yields (APY), in addition to other FD features. With our APY FD Calculator, you can see the exact returns of specific banks' Fixed Deposits, calculated not just using APR and also by APY.

How many banks are available in FixFD?

As per the list provided by RBI, FixFD has 130+ banks under different categories. These include Public Sector Banks, Private Sector Banks, Small Finance Banks, Payments Banks, Regional Rural Banks, and Foreign Banks in India.

How is the interest rate calculated and how frequently are the interest rates updated?

Usually, the Interest on FD with a period of 6 months or less is calculated at Simple Interest. Compounding of Interest is done for FDs with a term period of more than 6 months. Usually banks coumpound interest every quarter, though there are exceptions. While calculating APY, we take care of the actual compounding period employed by the bank. For more details . We update the banks' Fixed Deposit Interest Rate within 24 hours of the rates being made public on their respective websites.

How can I search the details of a particular bank and compare interest rates with other banks?

Go to Compare FD page and there you can search for specific Bank FD Rates or you can compare the Highest Rates both APR and APY of all banks, filtered according to duration. You can also apply filters such as Duration, Investment Amount and Bank Type for sorting.