Best 1 year RD rates · October 2026
The banks offering the highest recurring-deposit rate for a 1 year tenure, ranked.
Rates updated 19 Oct 2026
Best 1 year RD rates
General public · below ₹3 crore · Dataset refreshed 19 Oct 2026
| # | Bank | Rate | Applies to |
|---|---|---|---|
| 1 | Capital Small Finance Bank
Small Finance Chandigarh +7 states |
7.75% | 1 year |
| 2 | Jana Small Finance Bank
Small Finance Nationwide |
7.30% | 12 months - 24 months |
| 3 | Suryoday Small Finance Bank
Small Finance Gujarat +5 states |
7.25% | 1 year |
| 4 | Ujjivan Small Finance Bank
Small Finance Nationwide |
7.25% | 1 year to < 2 years |
| 5 | Equitas Small Finance Bank
Small Finance Andhra Pradesh +17 states |
7.10% | 1 year to 443 days |
| 6 | Kallappana Awade Ichalkaranji Janata Sahakari Bank Ltd.
Co-operative Maharashtra |
7.10% | 12 months |
| 7 | RBL Bank
Private Nationwide |
7.05% | 365 days (12 months) to 500 days |
| 8 | Bandhan Bank
Private Nationwide |
7.00% | 1 year |
| 9 | Deutsche Bank India
Foreign Bank Delhi +8 states |
7.00% | > 1 yr - 1.5 yrs |
| 10 | The Akola Urban Co-operative Bank Ltd.
Co-operative Maharashtra |
7.00% | For 12 months (365 days) |
| 11 | The Banaskantha Mercantile Co-operative Bank Ltd.
Co-operative Gujarat |
7.00% | 12 months to 36 months |
| 12 | Andhra Pradesh Grameena Bank
Regional Rural Andhra Pradesh |
6.85% | 1 year to less than 2 years |
| 13 | Tamil Nadu Grama Bank
Regional Rural Tamil Nadu |
6.85% | 1 year to less than 2 years |
| 14 | Jharkhand Rajya Gramin Bank
Regional Rural Jharkhand |
6.80% | 1 year to less than 2 years |
| 15 | Nagaland Rural Bank
Regional Rural Nagaland |
6.80% | 1 year to less than 2 years |
| 16 | Tamilnad Mercantile Bank
Private Nationwide |
6.80% | 1 year |
| 17 | Assam Gramin Vikash Bank
Regional Rural Assam |
6.78% | 1 year |
| 18 | IndusInd Bank
Private Nationwide |
6.75% | 1 year to below 1 year 6 month |
| 19 | The Kalupur Commercial Co-operative Bank Ltd.
Co-operative Gujarat +1 state |
6.75% | 1 year and up to 2 years |
| 20 | City Union Bank
Private Nationwide |
6.65% | 365 days to 443 days |
| 21 | Puducherry Grama Bank
Regional Rural Puducherry |
6.60% | 1 year to less than 2 years |
| 22 | Standard Chartered India
Foreign Bank Andhra Pradesh +17 states |
6.60% | 1yr - 376days* |
| 23 | Federal Bank
Private Nationwide |
6.55% | Above 1 year to less than 15 months |
| 24 | Jammu and Kashmir Grameen Bank
Regional Rural Jammu and Kashmir |
6.55% | 1 year to less than 18 months |
| 25 | Karur Vysya Bank
Private Nationwide |
6.55% | 1 year to up to 399 days |
| 26 | Bank of India
Public Sector Nationwide |
6.50% | 1 year |
| 27 | Chhattisgarh Gramin Bank
Regional Rural Chhattisgarh |
6.50% | 1 year to less than 2 years |
| 28 | IDFC First Bank
Private Nationwide |
6.50% | 1 year – 370 days |
| 29 | Indian Overseas Bank
Public Sector Nationwide |
6.50% | 1 year |
| 30 | Janata Sahakari Bank Ltd., Pune
Co-operative Maharashtra |
6.50% | 1 years to less than 2 years |
| 31 | Karnataka Bank
Private Nationwide |
6.50% | 1 year to 554 days |
| 32 | Karnataka Grameena Bank
Regional Rural Karnataka |
6.50% | Above 1 year upto & inclusive 2 years |
| 33 | Kerala Gramin Bank
Regional Rural Kerala |
6.50% | Above 1 year up to below 15 months |
| 34 | Maharashtra Gramin Bank
Regional Rural Maharashtra |
6.50% | 1 year |
| 35 | Manipur Rural Bank
Regional Rural Manipur |
6.50% | Above 1 year to less than 2 years |
| 36 | Meghalaya Rural Bank
Regional Rural Meghalaya |
6.50% | more than 1year and less than 3 years |
| 37 | Telangana Grameena Bank
Regional Rural Telangana |
6.45% | 1 year to less than 2 years |
| 38 | Bank of Maharashtra
Public Sector Nationwide |
6.40% | 365 days/ One Year |
| 39 | Bihar Gramin Bank
Regional Rural Bihar |
6.40% | >1 year to 2 years |
| 40 | Mizoram Rural Bank
Regional Rural Mizoram |
6.40% | 1 year to less than 2 years |
| 41 | Arunachal Pradesh Rural Bank
Regional Rural Arunachal Pradesh |
6.35% | >1 year to <2 years |
| 42 | Gujarat Gramin Bank
Regional Rural Gujarat |
6.35% | Above 1 year and up to 2 years |
| 43 | Kotak Mahindra Bank
Private Nationwide |
6.35% | 365 days to less than 15 months |
| 44 | Rajasthan Gramin Bank
Regional Rural Rajasthan |
6.35% | 1 year |
| 45 | Himachal Pradesh Gramin Bank
Regional Rural Himachal Pradesh |
6.30% | >1 year to 2 year |
| 46 | Madhya Pradesh Gramin Bank
Regional Rural Madhya Pradesh |
6.30% | 1 year |
| 47 | Bank of Baroda
Public Sector Nationwide |
6.25% | 1 year |
| 48 | Canara Bank
Public Sector Nationwide |
6.25% | 1 year & above to 1 year 3 months Only (Except 444 days) |
| 49 | Dhanlaxmi Bank
Private Andhra Pradesh +15 states |
6.25% | 1 year and above up to & inclusive of 2 years |
| 50 | Haryana Gramin Bank
Regional Rural Haryana |
6.25% | Over 1 year to 449 days |
| 51 | HDFC Bank
Private Nationwide |
6.25% | 1 year to < 15 months |
| 52 | ICICI Bank
Private Nationwide |
6.25% | 1 year to < 18 months |
| 53 | IDBI Bank
Private Nationwide |
6.25% | >1 year to 2 years (except 555 days & 700 days) |
| 54 | Punjab National Bank
Public Sector Nationwide |
6.25% | 1 year |
| 55 | State Bank of India
Public Sector Nationwide |
6.25% | 1 year to less than 2 years |
| 56 | Uttarakhand Gramin Bank
Regional Rural Uttarakhand |
6.25% | 1 year |
| 57 | Assam Co-operative Apex Bank
Co-operative Assam |
6.20% | 1 year to less than 2 years |
| 58 | Union Bank of India
Public Sector Nationwide |
6.20% | 1 year to 399 days |
| 59 | Central Bank of India
Public Sector Nationwide |
6.10% | 1 year to less than 2 years |
| 60 | Indian Bank
Public Sector Nationwide |
6.10% | 1 year |
| 61 | UCO Bank
Public Sector Nationwide |
6.10% | 1 year |
| 62 | Odisha Grameen Bank
Regional Rural Odisha |
6.05% | 1 year |
| 63 | West Bengal Gramin Bank
Regional Rural West Bengal |
6.00% | 1 year to 399 days |
| 64 | Bharati Sahakari Bank Ltd.
Co-operative Maharashtra |
5.90% | 12 months and above |
| 65 | Punjab & Sind Bank
Public Sector Nationwide |
5.85% | 1 year |
| 66 | Nagrik Sahakari Bank Ltd., Raipur
Co-operative Chhattisgarh |
5.60% | 1 to 2 year |
| 67 | The Khamgaon Urban Co-operative Bank Ltd.
Co-operative Maharashtra |
5.50% | 12 months (1 year) |
| 68 | HSBC India
Foreign Bank Andhra Pradesh +13 states |
4.00% | 365 days |
Best rate by tenure
Tap a tenure for the full ranking
A 1 year recurring deposit lets you set aside a fixed amount each month for 1 year at a rate locked in when you open it — a simple way to build toward a goal without a lump sum. As of 19 Oct 2026, the highest 1 year RD rate we track is 7.75% at Capital Small Finance Bank.
RD rates for this tenure usually mirror the bank's 1 year FD rate, and all banks below are RBI-licensed with DICGC cover up to ₹5 lakh. The table is ranked best-first; if you have a lump sum instead, compare 1 year FD rates.
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