HDFC and ICICI are top private banks. Both offer FD tenures from 7 days to 10 years with safe RBI-regulated deposits..1-year FD: Both banks offer 6.25% for general citizens and 6.75% for senior citizens. Minimum deposit starts at ₹5,000..March 2026 rates: ICICI offers up to ~6.50% for general citizens and ~7.00% for seniors, slightly higher than HDFC..On ₹5,00,000 FD for 5 years, ICICI may earn about ₹895 more than HDFC due to slightly higher rates..Both banks give ~0.50% extra for senior citizens. FD interest is taxable under Indian income tax rules..Read More Stories