Bank Of Baroda, Central Bank Of India, And South Indian Bank Revise FD Rates, Seniors Can Get Up To 7.30%

Three banks, including Bank of Baroda (BoB), Central Bank of India, and South Indian Bank, revised fixed deposit (FD), offering seniors up to 7.30 per cent. Here are the details of the revisions during the week ending on May 18, 2026.

Bank Of Baroda

Senior citizens (60 years and above) can avail of a maximum of 7 per cent from the Bank of Baroda FDs. This public sector bank revised its FD interest rates on May 16, 2026. Bank of Baroda FD rates for seniors are:

For Senior Citizens (60 years to less than 80 years)

• 6.75 per cent for one year

• 6.75 per cent for above one year to 400 days

• 6.75 per cent for above 400 days to two years (except 444 days)

• 6.75 per cent for above two years to three years

• 6.90 per cent for above three years to five years

• 7.00 per cent for above five years to 10 years

• 6.95 per cent for 444 days (BoB Square Drive Deposit scheme)

For Super Seniors (80 years and above)

• 6.75 per cent for one year

• 6.85 per cent for various tenures above one year to three years

• 7.00 per cent for above three years to 10 years

• 7.05 per cent for 444 days (BoB Square Drive Deposit Scheme)

Central Bank Of India

The Central Bank of India revised FD rates on May 10, 2026. It has reduced the rates by 10 basis points (bps) for one-year to less than two-year tenure, while keeping the highest rate unchanged at 6.75 per cent (annualised yield of 6.92 per cent if held till maturity) for senior citizens. The rates for seniors are:

• 6.60 per cent for one year to less than two years

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

• 6.50 per cent for three years to less than five years

• 6.50 per cent for five years to 10 years

South Indian Bank

The South Indian Bank has revised and reduced its FD interest rates. Effective May 14, 2026, the new rates are applicable, and seniors can receive up to 7.30 per cent. The FD rates for Seniors are:

• 6.75 per cent for one year

• 6.35 per cent for above one year to 371 days

• 6.90 per cent for 372 days

• 6.55 per cent for 373 days to less than 18 months

• 7.10 per cent for 18 months

• 6.35 per cent for more than 18 months to less than two years

• 7.30 per cent for 30 months

• 6.70 per cent for more than 30 months 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

These rates are for callable FDs (that can be withdrawn prematurely) of less than Rs 3 crore.