FD rates in Sikkim · November 2026

Q: Which bank has the highest FD rate in Sikkim?

As of 14 Nov 2026, Utkarsh Small Finance Bank pays the highest FD rate among banks with a branch in Sikkim: 8.10% a year for general depositors. Next are Jana at 8.00% and Slice at 7.75%. Confirm the current rate with the bank before you invest.

Q: How many banks have a branch in Sikkim?

29 of the banks RateScan.in tracks have at least one branch in Sikkim, counted from RBI's IFSC list: 2 co-operative and regional rural banks, and 27 public, private, small finance and other banks.

Q: Are FDs at co-operative banks in Sikkim safe?

Deposits at RBI-licensed co-operative banks are insured by DICGC up to ₹5 lakh per depositor per bank, the same cover as at any other bank. Co-operative banks are smaller, and their higher rates reflect that, so check the bank's standing and keep your deposits at each bank within the insured amount.

29 banks with a branch in Sikkim, ranked by their best fixed-deposit rate.

Banks in Sikkim, ranked by FD rate

General public · below ₹3 crore · Dataset refreshed 14 Nov 2026

#	Bank	Rate	Applies to	Branches here
1	Utkarsh Small Finance Bank Small Finance	8.10%	666 days · 666-day Special	1
2	Jana Small Finance Bank Small Finance	8.00%	3 years (1095 days)	1
3	Slice Small Finance Bank Small Finance	7.75%	1.5 years 1 day - 2 years	8
4	Post Office Savings Schemes Government Scheme	7.50%	5 years	210
5	Bandhan Bank Private	7.45%	2 years to less than 3 years	2
6	Citizens’ Urban Co-operative Bank Ltd., Gangtok Co-op	7.30%	444 days · Citizen’s 444 Fixed Deposit	1
7	Sikkim State Co-operative Bank Co-op	7.30%	1 year to under 2 years	–
8	IDFC First Bank Private	7.25%	500 days – 2 years	1
9	IndusInd Bank Private	7.25%	2 years to 3 years	5
10	Karnataka Bank Private	7.25%	15 months only	1
11	Yes Bank Private	7.25%	18 months 1 day < 24 months	1
12	Central Bank of India Public	7.00%	2222 days · Cent Green Deposit	16
13	Punjab & Sind Bank Public	6.90%	500 days · 500-Day Special	2
14	Bank of Baroda Public	6.85%	bob Golden Goal deposit Scheme (555 days) · bob Golden Goal 555 days	8
15	Bank of India Public	6.85%	500 days(BOI Akshay Fixed Deposit) · 500-day Special	5
16	Indian Bank Public	6.80%	IND GROW (555 days) · IND GROW	2
17	Kotak Mahindra Bank Private	6.80%	2 years- less than 3 years	2
18	Punjab National Bank Public	6.80%	680 days	10
19	South Indian Bank Private	6.80%	30 months	1
20	Canara Bank Public	6.75%	555 days ## · Canara 555	13
21	Indian Overseas Bank Public	6.75%	444 days · 444-day Special	3
22	UCO Bank Public	6.70%	535 days · UCO 535	7
23	Bank of Maharashtra Public	6.65%	400 days · 400-day special	2
24	Axis Bank Private	6.60%	2 years < 3 years	14
25	HDFC Bank Private	6.60%	3 years 1 day to < 4 years 7 months	14
26	ICICI Bank Private	6.60%	3 years 1 day to 5 years	11
27	IDBI Bank Private	6.55%	1100 days · 1100-day Special	7
28	Union Bank of India Public	6.55%	555 days · 555-Day Special	10
29	State Bank of India Public	6.45%	444 days (Amrit Vrishti) · Amrit Vrishti 444 days	41

State

Tenure

Deposit amount

29 banks we track have a branch in Sikkim. 2 of them are co-operative or regional rural banks, which often pay more than the big national banks. As of 14 Nov 2026, the highest FD rate here is 8.10% at Utkarsh Small Finance Bank.

Every rate comes from the bank's own page and is re-read daily. The table ranks each bank by its best rate for a general depositor below ₹3 crore; pick a tenure and amount in the filters to match your deposit. Deposits at these banks are covered by DICGC up to ₹5 lakh per depositor per bank. Branch counts come from RBI's IFSC list.

Best FD rate in Sikkim by type of bank

The highest rate in each group, among banks with a branch here.

Public	Central Bank of India	7.00%	2222 days
Private	Bandhan Bank	7.45%	2 years to less than 3 years
Small Finance	Utkarsh Small Finance Bank	8.10%	666 days
Co-op	Sikkim State Co-operative Bank	7.30%	1 year to under 2 years
Co-op	Citizens’ Urban Co-operative Bank Ltd., Gangtok	7.30%	444 days
Government Scheme	Post Office Savings Schemes	7.50%	5 years

All places

Frequently Asked Questions

Which bank has the highest FD rate in Sikkim?

As of 14 Nov 2026, Utkarsh Small Finance Bank pays the highest FD rate among banks with a branch in Sikkim: 8.10% a year for general depositors. Next are Jana at 8.00% and Slice at 7.75%. Confirm the current rate with the bank before you invest.

How many banks have a branch in Sikkim?

29 of the banks RateScan.in tracks have at least one branch in Sikkim, counted from RBI's IFSC list: 2 co-operative and regional rural banks, and 27 public, private, small finance and other banks.

Are FDs at co-operative banks in Sikkim safe?

Deposits at RBI-licensed co-operative banks are insured by DICGC up to ₹5 lakh per depositor per bank, the same cover as at any other bank. Co-operative banks are smaller, and their higher rates reflect that, so check the bank's standing and keep your deposits at each bank within the insured amount.

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