Bank Of Maharashtra, Bandhan Bank, ESF SFB, And Five More Banks Revise FD Rates, Seniors Can Get Up To 8.50 Per Cent

Amid changing geopolitical conditions and domestic economic factors, eight banks, including Punjab and Sind Bank, Bank of Maharashtra, Bandhan Bank, City Union Bank, South Indian Bank, Equitas Small Finance Bank (SFB), ESF SFB, Shivalik SFB, revised their fixed deposit (FD) interest rates. Here are the interest rate details for senior citizens.

Punjab And Sind Bank

This nationalised bank revised its FD rates on June 16, 2026, offering senior citizens a maximum of 7.40 per cent interest rate, including the additional 0.50 per cent (50 basis points - bps). They can get:

• 6.35 per cent for one year

• 6.10 per cent for more than one year to 374 days

• 6.90 per cent for 375 days

• 6.10 per cent for 376 days to 443 days

• 7.30 per cent for 444 days

• 6.35 per cent for 445 days to 665 days

• 7.35 per cent for 666 days

• 6.35 per cent for more than 667 days to less than 22 months

• 6.45 per cent for 22 months (PSB Green Earth)

• 6.35 per cent for more than 22 months to less than two years

• 6.45 per cent for two years to 776 days

• 6.60 per cent for 777 days

• 6.45 per cent for 778 days to 998 days

• 6.50 per cent for 999 days

• 6.45 per cent for 1000 days to less than three years

• 6.35 per cent for three years to less than 44 months

• 6.45 per cent for 44 months (PSB Green Earth)

• 6.35 per cent for more than 44 months to five years

• 6.45 per cent for five years

• 6.35 per cent for more than five years to less than 66 months

• 6.45 per cent for 66 months (PSB Green Earth)

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

Super senior citizens (80 years and above) can avail of an additional 15 bps over these rates for certain tenures. These include 375 Days, 444 Days, 666 Days, 777 Days, 999 Days, and PSB Green Earth FDs for 22 months, 44 months, and 66 months.

Bank Of Maharashtra

Bank of Maharashtra (BoM) offers senior citizens a maximum of 6.90 per cent, after the latest revision of FD rates on June 18, 2026. Seniors can avail of:

• 6.90 per cent for one year

• 6.65 per cent for above one year to two years

• 5.75 per cent for above two years to three years

• 5.50 per cent for above three years to five years

• 5.50 per cent for above five years

Special FDs:

• 7.15 per cent for 400 days

• 6.55 per cent for 1777 days (Green Deposit)

Bandhan Bank

This private sector bank has revised the rates on June 20, 2026, and increased the rates by 20 bps for two to three years tenure. Here are the FD rates for seniors:

• 7.50 per cent for one year

• 7.50 per cent for one year 1 day to one year 9 months

• 7.50 per cent for one year 9 months one day to less than two years

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

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

• 6.60 per cent for five years to 10 years

City Union Bank

Seniors can receive up to 7.50 per cent from the bank after the FD rate revision on June 16, 2026. The bank offers a 5 bps additional rate over these rates to super seniors (80 years and above) on all tenures above 270 days to 10 years, except for tenures of over five to 10 years. Here is the detail for both seniors and super seniors:

For Senior Citizens:

• 6.90 per cent for 365 days to 443 days

• 7.35 per cent for 444 days

• 7.40 per cent for 445 days to 554 days

• 7.50 per cent for 555 days

• 6.75 per cent for 556 days to three years

• 6.75 per cent for above three years to five years

• 6.50 per cent for above five years to 10 years

For Super Seniors:

• 6.95 per cent for 365 days to 443 days

• 7.40 per cent for 444 days

• 7.45 per cent for 445 days to 554 days

• 7.55 per cent for 555 days

• 6.80 per cent for 556 days to three years

• 6.80 per cent for above three years to five years

• 6.60 per cent for above five years to 10 years

South Indian Bank

South Indian Bank has revised its FD interest rates on June 19, 2026. 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

• 6.35 per cent for more than 30 months to less than three years

• 6.70 per cent for three 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

Equitas Small Finance Bank (SFB)

Equitas SFB revised FD rates on June 16, 2026. Seniors can avail of the 8.50 per cent. The FD rates for seniors are:

• 7.60 per cent for tenures between one year and 18 months

• 7.50 per cent for 18 months one day to two years

• 7.60 per cent for tenures between two years one day and three years, except 888 days

• 8.25 per cent for 888 days

• 8.50 per cent for three years one day (36 months one day)

• 7.50 per cent for three years two days to four years

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

• 7.50 per cent for five years one day to 10 years

ESF SFB

ESAF SFB revised FD rates on June 18, 2026. It offers senior citizens a maximum of 8.25 per cent. Senior citizen FD rates are:

• 6.50 per cent for 183 days to one year
• 7.75 per cent for one year one day to 500 days
• 8.00 per cent for 501 days
• 7.75 per cent for 502 days to less than two years
• 8.25 per cent for two years to less than three years
• 6.50 per cent for three years to less than five years
• 6.25 per cent for five years to 10 years

Shivalik SFB

Shivalik SFB revised FD interest rates on June 17, 2026. Seniors can receive:

• 6.50 per cent for nine months to 12 months

• 7.25 per cent for 12 months one day to 18 months

• 8.00 per cent for 18 months to 23 months

• 8.50 per cent for 23 months one day to 27 months

• 8.00 per cent for 27 months one day to 36 months

• 6.75 per cent for 36 months one day to 60 months

• 6.75 per cent for 60 months one day to 120 months

All these interest rates are for callable FDs of up to Rs 3 crore.