Canara Bank, DCB Bank, South Indian Bank, And IDFC Bank Revised FD Rates, Up To 7.90 Per Cent For Senior Citizens

Four banks, including the Canara Bank, DCB Bank, South Indian Bank, and IDFC Bank, revised fixed deposit (FD) interest rates during the week ending on March 21, 2026. Senior citizens typically rely on FDs for a steady income, and more so when the market is volatile. Here are the details of the revised interest rates of these banks for seniors.

Canara Bank

Canara Bank revised and increased its FD rates on March 17, 2026, offering the highest 7.10 per cent to senior citizens. The bank offers seniors:

• 6.75 per cent for one year and above to one year 3 months (except 444 days)

• 7.00 per cent for 444 days

• 7.10 per cent for 555 days

• 6.75 per cent for above one year three months to less than two years (except 555 days)

• 6.75 per cent for above two years and above to less than three years

• 6.75 per cent for above three years and above to less than five years

• 6.75 per cent for above five years and above to 10 years

DCB Bank

The DCB Bank’s revised FD rates are effective March 19, 2026. Senior citizens less than 70 years can avail of a maximum of 7.65 per cent, and senior citizens (70 years and above) up to 7.70 per cent. The rates for senior citizens are:

• 7.15 per cent for 12 months to less than 15 months

• 7.50 per cent for 15 months to less than 16 months

• 7.15 per cent for 16 months to less than 24 months

• 7.65 per cent for 24 months to less than 25 months (7.70 per cent for seniors aged 70 and above)

• 7.15 per cent for 25 months to less than 27 months

• 7.25 per cent for 27 months to less than 34 months

• 7.65 per cent for 34 months to less than 35 months (7.70 per cent for seniors aged 70 and above)

• 7.25 per cent for 35 months to less than 37 months

• 7.60 per cent for 37 months to 38 months

• 7.25 per cent for more than 38 months to less than 60 months

• 7.65 per cent for more than 60 months to 61 months (7.70 per cent for seniors aged 70 and above)

• 7.25 per cent for more than 61 months to 120 months

South Indian Bank

The South Indian Bank revised and increased its FD rates, which became effective on March 21, 2026. For senior citizens, the rates are:

• 6.85 per cent for one year

• 6.45 per cent for above one year to less than two years

• 7.30 per cent for two years

• 6.70 per cent for more than two years to less than five years

• 6.20 per cent for five years to less than 66 months

• 6.50 per cent for 66 months (Green Deposit)

• 6.20 per cent for more than 66 months to 10 years

IDFC Bank

This private sector bank revised the rates upward. Seniors can avail of up to 7.90 per cent with a bank. Effective March 19, 2026, the rates for seniors are:

• 7.00 per cent for one year

• 7.00 per cent for one year one day to 370 days

• 7.50 per cent for 371 days to 389 days

• 7.90 per cent for 390 days

• 7.75 per cent for 391 days to two years

• 7.50 per cent for two years one day to five years

• 6.50 per cent for five years one day to 10 years.