Suryoday Small Finance Bank advertises a fixed deposit rate of 8.25% p.a. onwards. Small finance bank deposit rates are typically the highest available, but DICGC insurance covers ₹5 lakh per depositor per bank — size the deposit accordingly.
Rate, maximum and fees
| Advertised rate | Maximum rate | Terms | Tenure |
|---|---|---|---|
| 8.25% | — | 8.50% for senior citizens | 5 years exactly |
Checked at source 2 Oct 2026 · Each bank’s own rate page or rate card, deposits below ₹3 crore
What that costs in rupees
On ₹5,00,000 for 5 years, compounded quarterly:
| Interest at 8.25% | ₹2,52,132 |
|---|---|
| After tax at the 30% slab | ₹1,73,467 |
| What you get at maturity, after tax | ₹6,73,467 |
Interest is taxed at your slab rate, so this assumes the top slab plus 4% cess. At a lower slab you keep more. TDS applies once interest crosses the annual threshold — the TDS on FD calculator shows when the bank starts deducting, and you can change the amount and tenure on the FD calculator.
How it compares
Suryoday Small Finance Bank is the highest of the 12 providers we track — 0.25% above Shivalik Small Finance Bank at 8.00%. The full ranking sits in our table of the best FD rates.
What moves this rate
FD interest is taxed at your normal slab rate. There is no special treatment, so the advertised rate is a before-tax figure. At the 30% slab plus 4% cess, roughly a third of it goes in tax. The bank also cuts TDS once your interest crosses the yearly limit.
Deposit insurance matters more than the last few decimal points of rate. DICGC covers ₹5 lakh per person per bank, including interest. Anything above that in one bank is uninsured, however good the rate looks. Splitting money across banks keeps every rupee covered.
Suryoday Small Finance Bank fixed deposit in detail
- Suryoday Small Finance Bank fixed deposit interest rate — rates for regular and senior citizens, and what you keep after tax.
Terms change without notice. Confirm the current figures with the bank before you act.