Shivalik Small Finance Bank’s best fixed deposit rate is 8.00% p.a., and 8.25% for senior citizens. Rates vary by tenure, and the headline applies only to the 23 months 1 day to 27 months tenure below — not to every term the bank offers.
The rate
| Tenure | General | Senior citizen |
|---|---|---|
| Best tenure (23 months 1 day to 27 months) | 8.00% | 8.25% |
Checked at source 2 Oct 2026 · Each bank’s own rate page or rate card, deposits below ₹3 crore
How it compares
This is the joint third-highest rate of the 12 providers we track for this product. Small finance banks sit at the top of the FD table as a rule, and the gap to the large banks is wide enough to be worth the extra paperwork of opening an account — see the full ranking at best FD interest rates.
Other small finance banks
| Bank | Best FD rate |
|---|---|
| Suryoday Small Finance Bank | 8.25% |
| Utkarsh Small Finance Bank | 8.10% |
| Shivalik Small Finance Bank | 8.00% |
| Unity Small Finance Bank | 8.00% |
| Jana Small Finance Bank | 8.00% |
Checked at source 2 Oct 2026 · Each bank’s own rate page or rate card, deposits below ₹3 crore
What you actually keep
The advertised rate is before tax. FD interest is taxed at your slab rate, and the bank deducts TDS once the interest crosses the annual threshold, so the return in your hand is lower than the headline — work out the gap with the TDS on FD calculator, and the maturity value itself with the FD calculator.
Breaking a deposit early usually costs you a penalty on the rate. If you need the money temporarily rather than permanently, a loan against the FD keeps the deposit and its rate intact.
The rest of what this bank offers is on the Shivalik Small Finance Bank page.
Terms change without notice. Confirm the current figures with Shivalik Small Finance Bank before you act.