Best 2 years RD rates · November 2026

The banks offering the highest recurring-deposit rate for a 2 years tenure, ranked.

Best 2 years RD rates

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

#	Bank	Rate	Applies to
1	Shivalik Small Finance Bank Small Finance Delhi +9 states	8.00%	23 months 1 day to 27 months
2	Shri Shiveshwar Nagari Sahakari Bank Ltd. Co-op Maharashtra	8.00%	Above 12 months
3	The A.P. Vardhaman (Mahila) Co-operative Urban Bank Ltd. Co-op Telangana	8.00%	1 year to less than 3 years
4	Tamil Nadu Industrial Co-operative Bank Co-op Tamil Nadu	7.80%	13 months to 24 months
5	ESAF Small Finance Bank Small Finance Nationwide	7.75%	2 years to 799 days
6	Rani Channamma Mahila Sahakari Bank Niyamit, Belagavi Co-op Karnataka	7.75%	2 years
7	Slice Small Finance Bank Small Finance Arunachal Pradesh +11 states	7.75%	1.5 years 1 day - 2 years
8	Jana Small Finance Bank Small Finance Nationwide	7.65%	24 months - 35 months
9	SBM Bank (India) Ltd. Foreign Maharashtra	7.65%	19 months to 24 months
10	Sarvodaya Sahakari Bank Ltd. Co-op Gujarat	7.50%	24 months
11	The Ankola Urban Co-operative Bank Ltd. Co-op Karnataka	7.50%	For 401 days to 3 years
12	The Financial Co-operative Bank Ltd. Co-op Gujarat	7.50%	Above 1 year to 2 year
13	Utkarsh Small Finance Bank Small Finance Nationwide	7.50%	2 years to 3 years
14	Bandhan Bank Private Nationwide	7.45%	2 years to less than 3 years
15	DCB Bank Private Nationwide	7.40%	24 months to less than 25 months
16	City Union Bank Private Nationwide	7.30%	556 days to 3 years
17	The Bhuj Mercantile Co-operative Bank Ltd. Co-op Gujarat	7.30%	From 366 days to 1825 days
18	Central Co-operative Bank Sikar Co-op Rajasthan	7.25%	2 years to less than 3 years
19	CSB Bank Private Nationwide	7.25%	Above 18 months to 30 months
20	IDFC First Bank Private Nationwide	7.25%	500 days – 2 years
21	IndusInd Bank Private Nationwide	7.25%	2 years to 3 years
22	Suryoday Small Finance Bank Small Finance Gujarat +5 states	7.25%	Above 18 months to 2 years
23	AU Small Finance Bank Small Finance Nationwide	7.10%	24 months 1 day to 30 months
24	Kallappana Awade Ichalkaranji Janata Sahakari Bank Ltd. Co-op Maharashtra	7.10%	24 months
25	Capital Small Finance Bank Small Finance Chandigarh +7 states	7.00%	2 year to less than 5 years
26	Deutsche Bank India Foreign Delhi +8 states	7.00%	> 1.5 yrs - 2 yrs
27	Equitas Small Finance Bank Small Finance Andhra Pradesh +17 states	7.00%	18 months 1 day to 2 years
28	Jharkhand Rajya Gramin Bank Rural Jharkhand	7.00%	2 years to less than 3 years
29	RBL Bank Private Nationwide	7.00%	18 months to less than 60 months
30	Tamil Nadu Grama Bank Rural Tamil Nadu	7.00%	2 years to less than 3 years
31	Tamilnad Mercantile Bank Private Nationwide	7.00%	2 years to less than 3 years
32	The Banaskantha Mercantile Co-operative Bank Ltd. Co-op Gujarat	7.00%	12 months to 36 months
33	The Kokan Mercantile Co-operative Bank Ltd. Co-op Maharashtra	7.00%	2 years to less than 3 years
34	Yes Bank Private Nationwide	7.00%	24 months < 35 months
35	Federal Bank Private Nationwide	6.80%	2 years to less than 3 years
36	Kotak Mahindra Bank Private Nationwide	6.80%	2 years- less than 3 years
37	Panchmahals District Central Co-operative Bank Co-op Gujarat	6.80%	12 to 24 months
38	Central Co-operative Bank Kota Co-op Rajasthan	6.75%	1 year to 3 years
39	Janata Sahakari Bank Ltd., Pune Co-op Maharashtra	6.75%	2 years to less than 3 years
40	Kumbhi Kasari Sahakari Bank Ltd. Co-op Maharashtra	6.75%	1 year 1 day to 2 years
41	M. S. Co-operative Bank Ltd. Co-op Gujarat	6.75%	1 year to 2 years
42	Madhya Pradesh Rajya Sahakari Bank Maryadit Co-op Madhya Pradesh	6.75%	1 year to less than 3 years
43	The Anand Mercantile Co-operative Bank Ltd. Co-op Gujarat	6.75%	12 months and above up to 36 months
44	The Kalupur Commercial Co-operative Bank Ltd. Co-op Gujarat +1 state	6.75%	1 year and up to 2 years
45	Unity Small Finance Bank Small Finance Nationwide	6.75%	24 months
46	Bank of India Public Nationwide	6.70%	2 years to less than 3 years
47	Jammu & Kashmir Bank Private Nationwide	6.70%	2 years to 887 days
48	Jammu and Kashmir Grameen Bank Rural Jammu and Kashmir	6.70%	2 years to 887 days
49	Andhra Pradesh Grameena Bank Rural Andhra Pradesh	6.65%	2 years and above
50	Axis Bank Private Nationwide	6.60%	2 years < 3 years
51	Puducherry Grama Bank Rural Puducherry	6.60%	2 years to less than 3 years
52	Arunachal Pradesh Rural Bank Rural Arunachal Pradesh	6.55%	>2 years to <3 years
53	Bihar Gramin Bank Rural Bihar	6.55%	>1 year to 2 years
54	Karur Vysya Bank Private Nationwide	6.55%	401 days up to 2 years
55	Ajmer Central Co-operative Bank Ltd. Co-op Rajasthan	6.50%	2 years to less than 3 years
56	Balasinor Nagarik Sahakari Bank Ltd. Co-op Gujarat	6.50%	24 months
57	Bank of Bahrain & Kuwait B.S.C. (India) Foreign Maharashtra +2 states	6.50%	Above 1 year to 2 years
58	Chhattisgarh Gramin Bank Rural Chhattisgarh	6.50%	2 years to less than 3 years
59	Dhanlaxmi Bank Private Andhra Pradesh +15 states	6.50%	Above 2 years upto & inclusive of 3 years
60	HDFC Bank Private Nationwide	6.50%	21 months to 2 years
61	IDBI Bank Private Nationwide	6.50%	> 2 years to <3years
62	Karnataka Grameena Bank Rural Karnataka	6.50%	Above 1 year upto & inclusive 2 years
63	Kerala Gramin Bank Rural Kerala	6.50%	Above 15 months up to including 2 years
64	Meghalaya Rural Bank Rural Meghalaya	6.50%	more than 1year and less than 3 years
65	Mizoram Rural Bank Rural Mizoram	6.50%	2 years to less than 3 years
66	Mysore Zilla Mahila Sahakara Bank Niyamitha Co-op Karnataka	6.50%	2 years
67	Standard Chartered India Foreign Andhra Pradesh +17 states	6.50%	21M < 2 yrs
68	Thane Bharat Sahakari Bank Ltd. Co-op Maharashtra	6.50%	Above 1 year to 3 years
69	The Kapdawanj People's Co-Op. Bank Ltd. Co-op Gujarat	6.50%	12 months to 60 months
70	Gujarat Gramin Bank Rural Gujarat	6.45%	Above 2 years and up to 3 years
71	Telangana Grameena Bank Rural Telangana	6.45%	2 year to less than 3 years
72	Uttarakhand Gramin Bank Rural Uttarakhand	6.45%	2 years to less than 3 years
73	Himachal Pradesh Gramin Bank Rural Himachal Pradesh	6.40%	>1 year to 2 year
74	Indian Overseas Bank Public Nationwide	6.40%	2 years to < 3 years
75	Karnataka Bank Private Nationwide	6.40%	556 days to 2 years
76	Nagaland Rural Bank Rural Nagaland	6.40%	2 years to less than 3 years
77	State Bank of India Public Nationwide	6.40%	2 years to less than 3 years
78	Rajasthan Gramin Bank Rural Rajasthan	6.35%	More than 1 year to less than 3 years
79	The Khamgaon Urban Co-operative Bank Ltd. Co-op Maharashtra	6.35%	Above 18 months up to 2 years
80	ICICI Bank Private Nationwide	6.30%	18 months to 2 years
81	Madhya Pradesh Gramin Bank Rural Madhya Pradesh	6.30%	2 years
82	Punjab National Bank Public Nationwide	6.30%	681 days to 2 years
83	Assam Gramin Vikash Bank Rural Assam	6.25%	More than 1 year to less than 3 years
84	Bank of Baroda Public Nationwide	6.25%	Above 400 days and upto 2 years (except 444 and 555 days)
85	Canara Bank Public Nationwide	6.25%	2 years & above to less than 3 years
86	Central Bank of India Public Nationwide	6.25%	2 years to less than 3 years
87	Haryana Gramin Bank Rural Haryana	6.25%	451 days to 2 years
88	Padmavathi Co-operative Urban Bank Ltd. Co-op Telangana	6.25%	above 1 year to 2 years
89	West Bengal Gramin Bank Rural West Bengal	6.25%	401 days to 2 years
90	Assam Co-operative Apex Bank Co-op Assam	6.20%	2 years to less than 3 years
91	Bank of Maharashtra Public Nationwide	6.15%	Above 1 year to 2 years
92	Indian Bank Public Nationwide	6.15%	2 years to less than 3 years
93	Union Bank of India Public Nationwide	6.15%	556 to 996 days
94	Maharashtra Gramin Bank Rural Maharashtra	6.10%	2 years to less than 3 years
95	UCO Bank Public Nationwide	6.10%	536 to 2 years
96	Manipur Rural Bank Rural Manipur	6.00%	2 years to less than 3 years
97	Punjab & Sind Bank Public Nationwide	5.95%	2 years to 776 days
98	Bharati Sahakari Bank Ltd. Co-op Maharashtra	5.90%	12 months and above
99	Odisha Grameen Bank Rural Odisha	5.90%	2 years to less than 3 years
100	Nagrik Sahakari Bank Ltd., Raipur Co-op Chhattisgarh	5.80%	2 to 3 year
101	The Meghraj Nagarik Sahakari Bank Ltd. Co-op Gujarat	5.75%	24 months
102	Sarvodaya Nagarik Sahakari Bank Ltd. Co-op Gujarat	5.25%	24 months
103	HSBC India Foreign Andhra Pradesh +13 states	4.30%	701 days to 730 days

Best rate by tenure

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Deposit amount

A 2 years recurring deposit lets you set aside a fixed amount each month for 2 years at a rate locked in when you open it, a simple way to build toward a goal without a lump sum. As of 14 Nov 2026, the highest 2 years RD rate we track is 8.00% at Shivalik Small Finance Bank.

RD rates for this tenure usually mirror the bank's 2 years 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 2 years FD rates.

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