FD rates in November 2026: new HDFC Bank, PNB and IDFC FIRST Bank rates
HDFC Bank, PNB and IDFC FIRST Bank changed FD rates on 4 and 5 November 2026. See the new rates from each bank's own page, with senior citizen rates.
Several banks changed their fixed deposit (FD) rates in the first week of November 2026, after the RBI repo rate rise on 7 October 2026. This guide lists the new rates for three big banks. We read each rate from the bank's own rate page on 9 November 2026. All rates are per year, for deposits below ₹3 crore, and may change again without notice.
HDFC Bank: new rates from 4 November 2026
HDFC Bank's rate page says the table is applicable from 4 November 2026. For the general public the rate is 4.75% for 61 days to 6 months, 5.65% for 6 months 1 day to 9 months and 5.90% for 9 months 1 day to under 1 year. It is 6.25% for 1 year to under 15 months, 6.35% for 15 to under 18 months, and 6.50% for 18 months to 2 years. For 2 years 1 day to 3 years it is 6.55%. For 3 years 1 day to 10 years it is 6.60%.
Senior citizens get 7.20% for 3 years 1 day to 5 years, and 7.10% for 5 years 1 day to 10 years. For 1 year to under 15 months they get 6.75%. NDTV Profit reported on 7 November 2026 that the bank raised rates by up to 50 basis points on some tenures, for example the 5 years 1 day to 10 years rate from 6.15% to 6.60% and the 61 days to 6 months rate from 4.25% to 4.75%. HDFC's page shows only the new table.
Punjab National Bank: new rates from 5 November 2026
PNB's page says the revised rates apply from 5 November 2026. For the general public it pays 6.25% for 1 year, 6.30% for over 1 year to 443 days, 6.70% for 444 days and 6.30% for 445 to 679 days. The highest rate is 6.80% for 680 days. After that it pays 6.30% for 681 days to 3 years, 6.35% for over 3 years to 1203 days, and 6.00% for over 5 years to 10 years.
Senior citizens get 0.50 percentage points more for most tenures: 6.75% for 1 year, 7.20% for 444 days and 7.30% for 680 days. For over 5 years to 10 years they get 6.75%. Super senior citizens (80 years and above) get 7.55% on the 680-day deposit.
IDFC FIRST Bank: new rates from 4 November 2026
IDFC FIRST Bank's page says the rates apply from 4 November 2026. For the general public it pays 6.50% for 1 year to 370 days, 7.00% for 371 to 499 days, and 7.25% for 500 days to 2 years. For 2 years 1 day to 3 years it pays 7.10%, for 3 years 1 day to 5 years 6.75%, and for 5 years 1 day to 10 years 6.00%.
Senior citizens get 0.25 percentage points more: 7.50% for 500 days to 2 years, 7.35% for 2 years 1 day to 3 years and 7.00% for 3 years 1 day to 5 years.
Other banks
Outlook Money reported on 7 November 2026 that Kotak Mahindra Bank, Canara Bank, Federal Bank, Karnataka Bank, DCB Bank and Punjab and Sind Bank also revised FD rates that week. We could not read those banks' tables, so check their sites. For Bank of India, see our Star Akshay 500-day FD guide. Compare banks on our FD rates page.
What to check before you book
Look at the exact tenure. A rate can jump or fall by a quarter of a point with a few days' difference, and the best rate is often a special tenure such as 500 days or 680 days. Interest on an FD is taxable, and banks may deduct TDS. A rate fixed on the day you book stays for that deposit. The repo rate move behind these changes is explained in our repo rate guide.
This is general information, not advice to deposit money with any bank.
Sources: HDFC Bank: FD interest rates, applicable from 4 November 2026, Punjab National Bank: domestic term deposit rates w.e.f. 5 November 2026, IDFC FIRST Bank: FD interest rates w.e.f. 4 November 2026, NDTV Profit: HDFC Bank raises FD interest rates, Outlook Money: banks that revised FD rates in the week ending 7 November 2026.
Rules, rates and limits change. Check the official source linked above before you rely on a figure here. Posts never contain referral or affiliate links from the writer.
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