Suryoday Small Finance Bank pays a best rate of 8.25% p.a. on a fixed deposit for regular depositors, and 8.50% for senior citizens. The best rate applies only to a deposit of exactly 5 years — rates vary by tenure, so the headline is the peak of the grid rather than what every tenure pays.
The rate
| General | Senior citizen | Best tenure |
|---|---|---|
| 8.25% | 8.50% | 5 years exactly |
Checked at source 2 Oct 2026 · Each bank’s own rate page or rate card, deposits below ₹3 crore.
How it compares
Suryoday is the highest of the 12 providers we track, 0.25% above Shivalik Small Finance Bank at 8.00%. It sits just above Utkarsh Small Finance Bank at 8.10%, and 0.25% above Jana Small Finance Bank, also at 8.00%. The gap that matters is not between one small finance bank and another but between the group and the large banks: the leading private and public sector banks in our table top out around 6.45% to 6.75% for a general depositor. The full ranking is in our table of best FD interest rates, and every rate table we maintain is indexed on rates.
The trade-off behind the extra yield
Small finance banks pay more because they are raising deposits against a costlier, riskier loan book. Deposit insurance is the practical limit on that risk: DICGC cover is ₹5 lakh per depositor per bank, principal and interest combined. Size the deposit accordingly, and spread across banks rather than chasing the last 25 basis points in one place.
Work out what the rate actually pays you with the FD calculator, and remember interest is taxed at your slab rate, so the after-tax return is the only number worth comparing across products. If you need the money before maturity, breaking the deposit costs you the premature-withdrawal penalty — a loan against the FD is often the cheaper way out.
Suryoday Small Finance Bank’s other products are listed on the Suryoday Small Finance Bank page.
Terms change without notice. Confirm the current figures with the bank before you act.