Indian Bank, Yes Bank, Federal Bank, Jana SFB, And Four More Banks Revised FD Interest, Up To 8.00 Per Cent For Seniors

While the Reserve Bank of India (RBI) kept the policy rate unchanged in the June 2026 monetary policy meeting on June 5, 2026, announcement, eight banks revised their fixed deposit (FD) rates during the same week, ending on June 6, 2026. Considering the uncertain geopolitical conditions, crude price hike, falling rupee, inflation, and other macro factors, experts believe that the rate may go up in the coming months.

According to Murthy Nagarajan, Head - Fixed Income, Tata Asset Management, “RBI has maintained its stance as Neutral. CPI inflation has been revised to 5.1 per cent versus 4.4 per cent projected in the previous policy meeting of April 2026. With CPI inflation revised higher, we may expect a rate hike in the coming months.”

However, one must note that the macroeconomic scenario remains uncertain. And, FDs provide that necessary peace of mind due to the guaranteed interest they offer. Here are the interest rate details for senior citizens for the banks that revised FD rates this week.

Indian Bank

This public sector bank revised FD interest rates on June 5, 2026. Senior citizens can avail of a maximum of 7.30 per cent. Here are the details for seniors:

• 6.60 per cent for one year

• 6.70 per cent for above one year to less than two years (except 500 and 555 days)

• 6.90 per cent for 500 days (Ind Green FD)

• 7.30 per cent for 555 days (Ind Grow FD)

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

• 7.25 per cent for 777 days (Ind Prosper)

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

• 6.50 per cent for five years

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

Union Bank of India

Union Bank revised FD rates on June 1, 2026. The revised FD rates for seniors are:

• 6.70 per cent for one year to 399 days

• 6.75 per cent for 400 days

• 6.75 per cent for 401 days to 443 days

• 7.00 per cent for 444 days

• 6.65 per cent for 445 days to 554 days

• 7.15 per cent for 555 days

• 6.65 per cent for 556 days to 996 days

• 6.60 per cent for 997 days

• 6.60 per cent for 998 days to three years

• 6.50 per cent from more than three years to 10 years

For super seniors (80 years and above), the interest rates are 0.25 per cent over these rates.

DCB Bank

Effective June 1, 2026, DCB Bank’s new rates are applicable. The bank offers senior citizens an additional interest rate between 25 basis points (bps) and 50 bps across the tenures and an additional 5 bps over these rates on a few tenures to seniors aged 70 years and above. Here are details for seniors and super seniors:

• 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

• 8.00 per cent for 24 months to less than 25 months (8.05 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

• 8.00 per cent for 34 months to less than 35 months (8.05 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 (7.65 per cent for seniors aged 70 and above)

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

• 8.00 per cent for more than 60 months to 61 months (8.05 per cent for seniors aged 70 and above)

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

Yes Bank

Yes Bank’s revised FD rates are applicable since June 2, 2026. Senior citizens can avail of:

• 7.15 per cent for 12 months

• 7.25 per cent for 12 months and one day to less than 18 months

• 7.25 per cent for 18 months

• 7.75 per cent for 18 months and one day to less than 24 months

• 7.50 per cent for 24 months to less than 35 months

• 7.40 per cent for 35 months

• 7.50 per cent for 35 months one day to less than 36 months

• 7.75 per cent for 36 months to less than 60 months

• 7.50 per cent for 60 months

• 7.50 per cent for 60 months and one day to 120 months

Federal Bank

Federal Bank FD rates have been revised on June 3, 2026. The interest rates for seniors are:

• 6.75 per cent for one year

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

• 7.30 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

IndusInd Bank

IndusInd Bank revised its FD interest rates on June 1, 2026. Senior citizens can now earn a maximum of 7.75 per cent. The latest rates for seniors are:

• 7.25 per cent for one year to below one year six months

• 7.40 per cent for one year, six months to below one year, seven months

• 7.40 per cent for one year, seven months to two years

• 7.75 per cent for two to three years

• 7.15 per cent for more than three years to below 61 months

• 7.00 per cent for 61 months and above

Jana Small Finance Bank (SFB)

This SFB revised rates on June 2, 2026. Here are the bank’s FD interest rates for seniors:

• 7.50 per cent for 271 days to 366 days

• 7.80 per cent for 367 days to two years

• 8.00 per cent for above two years to three years (1095 days)

• 8.00 per cent for above three years to five years (1825 days)

• 7.00 per cent for above five years to 10 years

Ujjivan SFB

Ujjivan SFB revised FD rates on June 5, 2026. Interest rates for seniors on Sampoorna Nidhi FDs of the bank are:

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

• 7.90 per cent for two years

• 7.75 per cent for two years, one day to three years

• 8.05 per cent for three years one day to three years six months

• 7.70 per cent for above three years, six months to five years

• 7.80 per cent for five years one day

• 7.00 per cent for five years, two days to 10 years

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