- RBI's big decision on Bank FD
- Different interest rates cannot be given on the same deposit
- What is the benefit of RBI's decision to consumers?
RBI FD Rules 2026 News in Marathi: Fixed Deposit in Bank viz FD If you are thinking of doing it, it will be important to know the new rules that will come into effect from October 1, 2026. The Reserve Bank of India has changed the rules relating to interest rates on bank deposits. The main objective behind this change is to bring more transparency in interest rates on deposits and ensure equal treatment of customers in similar situations. (RBI FD Rules 2026)
There are no different interest rates in branches of the same bank
According to the new rules, different interest rates cannot be charged on the same type of deposits in different branches of the same bank simply because of a change of branch or city. If two customers make an FD on the same day, same amount, same tenure and same terms, there can be no discrimination in interest rates applicable to them. This will reduce the chance of interest rates changing based on which city or branch the customer does the FD and will provide more transparency to depositors.
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Information on interest rates on the bank's website
to banks Information about the interest rates applicable on their various term deposits will have to be made available on the official website. So customers can check interest rates of respective bank online before making FD. Another advantage of this is that it will be easy to compare the FD interest rates of different banks. Customers can get the information about how much interest will be earned on the FD for the duration before making a decision.
What about FDs that are already in place?
Although the new rules will come into effect from October 1, 2026, it does not mean that the interest rate of every existing FD will automatically change on that day. The rate of interest fixed at the time of fixed deposit remains applicable as per the terms of the respective deposit agreement. Therefore, it should not be concluded that the interest rate of existing FDs will increase or decrease just because of the implementation of the new rules.
What is the difference between retail and bulk deposits?
Fixed deposits of less than ₹3 crore generally fall under the category of retail deposits. Whereas a single fixed deposit of ₹3 crore or more is considered as 'bulk deposit'. The regime applicable to banks regarding interest rates for bulk deposits may differ from that for retail deposits.
What will benefit FD customers?
The new arrangement will help increase transparency in FD interest rates. Customers can check the information on the bank's official website instead of searching the branch-wise interest rates. It will also be easier to compare FD rates between banks and make a decision as it will be more clear that customers with similar conditions will get the same rate.
Check this before FD
It is important to check the tenure of deposit, early withdrawal penalty, additional interest for senior citizens, interest payment method and renewal terms of the FD instead of just looking at the highest interest rate. Also check the updated interest rates and rules on the official website of the concerned bank before taking a final decision.
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