Kotak Mahindra Bank, Federal Bank, And ICICI Bank Revise FD Rates, Offer Seniors Up To 7.20 Per Cent

Kotak Mahindra Bank, Federal Bank, and ICICI Bank have revised their fixed deposit (FD) rates during the week ended November 22, 2025. While other banks kept the rates unchanged, ICICI Bank and Kotak Mahindra increased the rate for certain tenures, and Federal Bank made changes in the tenures.

In another development, many banks, following the Reserve Bank of India (RBI) direction to shift to the domain .bank.in by October 31, 2025, have shifted to the new uniform resource locator (URL), ending with the .bank.in domain. This initiative is for reducing fraud using fake bank URLs, which scamsters use to defraud customers.

FD Rates

Here are the FD rates these three banks are offering to seniors post-revision.

Kotak Mahindra Bank

Kotak Mahindra Bank revised FD rates on November 21, 2025. Seniors can receive a maximum of 7.20 per cent for more than one tenure. The revised rates for them are:

• 6.75 per cent for 365 days to 389 days

• 7.00 per cent for 390 days (12 months and 25 days)

• 7.20 per cent for 391 days to less than 23 months

• 7.20 per cent for 23 months

• 7.20 per cent for 23 months 1 day to less than two years

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

• 6.90 per cent for three years to less than four years

• 6.90 per cent for four years to less than five years

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

The bank increased the FD rates by 10 basis points (0.10 per cent) specifically for tenures between 391 days and less than two years, helping seniors receive a higher return in this period.

Federal Bank

This private sector bank revised the rate on November 17, 2025, and is offering seniors the highest rate of 7.20 per cent for 36 months. For other tenures, the rates for seniors are:

• 6.75 per cent for one year

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

• 7.10 per cent for 15 months

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

• 7.20 per cent for 36 months

• 7.00 per cent for 1000 days to 10 years

ICICI Bank

ICICI Bank increased the FD rates by 10 basis points for the ‘Two years one day to five years’ tenure, while keeping other rates unchanged. Seniors can avail of:

• 6.75 per cent for one year to less than 18 months

• 6.90 per cent for 18 Months to two years

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

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

These rates are effective from November 21, 2025.