In the present study, the first systematic performance evaluation of aerosol optical depth (AOD) products retrieved using two satellite sensors i.e., Visible Infrared Imaging Radiometer Suite (VIIRS) and Aqua-Moderate-Resolution Imaging Spectroradiometer (MODIS) is carried out over India. We have used ground-based AOD from AERONET at 550 nm wavelength for inter-comparison with MODIS Aqua version C6.1 (C061) Deep Blue (DB) aerosol product and VIIRS/SNPP collection version 1.1 (V1.1) DB aerosol product over the time span of 7-year (2014–2020) observation periods. For validation, the average value of satellite pixels falling within the box of 50 Km x 50 Km keeping the AERONET station at the center is retrieved. The average daily data from the AERONET sun photometer (2014–2019) were obtained within ±15 min of satellite overpass time. Statistical parameters like correlation coefficient (R), RMSE, MAE, and RMB were calculated. The uncertainty of satellite AOD is evaluated using an envelope of Expected Error (EE = ±0.05 + 0.15 AOD for land). Statistical analysis shows that the MODIS AOD product outperforms VIIRS-retrieved AOD. The AOD retrieved from both sensors yields a high correlation (0.86—Jaipur, 0.79—Kanpur, 0.84—Gandhi College, and 0.74—Pune for MODIS and 0.75—Jaipur, 0.77—Kanpur, 0.49—Gandhi College, and 0.86—Pune for VIIRS) and low MAE (0.12—Jaipur, 0.20—Kanpur, 0.15—Gandhi College, and 0.09—Pune for MODIS and 0.13—Jaipur, 0.13—Kanpur, 0.26—Gandhi College, and 0.10—Pune for VIIRS). Other statistical measures such as RMSE, RMB, and P also suggest similar performance. More than 66% of the total data fall within the range of EE for both the satellite products at each station. Spatial comparison exhibits the same AOD pattern seasonally as well as annually having a minimum bias from −0.3 to +0.3 between MODIS and VIIRS. Slight underestimation and overestimation are observed in all the stations by MODIS, whereas VIIRS continuously underestimates AOD with increase in optical depth, suggesting improvements in the aerosol model and surface reflection in retrieval. Overall, the comparison of ground AERONET AOD reveals better accuracy of MODIS AOD with that of VIIRS satellite datasets over India.