City Union Bank, South Indian Bank, And Federal Bank Revise FD Rates, Up To 7.25 Per Cent For Seniors

Three banks, including the City Union Bank, South Indian Bank, and Federal Bank, revised their fixed deposit (FD) interest rates during the week ending March 13, 2026. Amid volatile market conditions, fixed deposit returns are guaranteed. Here are the rates for senior citizens.

City Union Bank

City Union Bank revised its FD interest rates on March 11, 2026. The bank offers senior citizens (60 years and above) a maximum of 7.25 per cent, and 7.50 per cent for super senior citizens (80 years and above). The interest rates for seniors are:

For Seniors:

• 7.00 per cent for 365 days to 499 days

• 7.25 per cent for 500 days

• 6.75 per cent for 501 days to three years

• 6.50 per cent for above three years to 10 years

For Super Seniors:

• 7.05 per cent for 365 days to 499 days

• 7.50 per cent for 500 days

• 6.80 per cent for 501 days to three years

• 6.60 per cent for above three years to 10 years

South Indian Bank

This private sector bank revised its FD rates on March 10, 2026. Senior citizens can avail of:

• 6.85 per cent for one year

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

• 7.20 per cent for two years

• 6.70 per cent for 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

Federal Bank

Effective March 12, 2026, Senior citizens can receive up to 7.25 per cent from FDs in the Federal Bank. The bank has increased its FD rate for 15 months and 36 months. Seniors can avail of:

• 6.75 per cent for one year

• 6.90 per cent for above one year to less than 15 months

• 7.20 per cent for 15 months

• 6.90 per cent for above 15 months to less than 36 months

• 7.25 per cent for 36 months

• 6.90 per cent for more than 36 months to 10 years.

These interest rates are for callable FDs of less than Rs 3 crore.