Question 1

What are the highest interest rates for Barclays Bank in 2026?

Accepted Answer

As of September 2026, Barclays Bank offers up to 5.74% p.a. on Fixed Deposits and up to 2.50% p.a. on Savings Accounts based on the balance slabs maintained.

Question 2

Is Barclays Bank safe for depositing money?

Accepted Answer

Yes, Barclays Bank is a scheduled bank regulated by the RBI. Your deposits (up to ₹5 Lakhs per depositor) are insured by the DICGC, which covers principal and interest across all account types.

Question 3

What is the minimum tenure and senior citizen benefit for Barclays Bank FDs?

Accepted Answer

The minimum tenure for a fixed deposit with Barclays Bank starts from 7 Days. Senior citizens receive an additional interest rate benefit of up to 0.00% p.a. over general citizen rates.

Question 4

Are returns on Barclays Bank FDs and Savings Accounts taxable?

Accepted Answer

Yes, interest earned on deposits is taxable. Savings account interest is tax-free up to ₹10,000 per year (₹50,000 for senior citizens) under Section 80TTA/80TTB. FD interest is fully taxable, and TDS is deducted at 10% if interest exceeds ₹40,000 (₹50,000 for senior citizens) in a financial year.

Maturity	USD
Deposit Amount	Under $350K
12 to <24 months	2.19%
24 to <36 months	2.36%
36 to <48 months	2.41%
48 to <60 months	2.47%BEST
60 months	2.38%

TENURE	Interest Rate
365 to 399 days	5.07%
400 days to <18 months	5.27%
18 months to <2 years	5.31%
2 to <3 years	5.36%
3 to <4 years	5.46%
4 to <5 years	5.65%
5 to <6 years	5.65%
6 to 7 years	5.74%BEST

Barclays Bank

Bank Overview

Fixed Deposit (FD) Interest Rates

Savings Account Interest Rates

Foreign Currency Non-Resident (FCNR-B) Deposit Rates

NRI Fixed Deposit Rates (NRE & NRO)

Frequently Asked Questions

Barclays Bank FD Calculator