Interest rates for both loans and deposits are falling. Fixed deposit (FD) interest rates, which were between 7-9 per cent at the end of 2024, now typically range from 6-8 per cent. This decline is due to factors such as the Reserve Bank of India (RBI) repo rate cut, controlled inflation, and other macroeconomic factors. Despite these decreases, some banks continue to offer more than 7.50 per cent to senior citizens (60 years and above). Here are the current FD rates and tenure details for seniors.
Bandhan Bank
This bank offers seniors the highest 7.70 per cent interest on FD for two to three years. The rates are effective since September 1, 2025. The interest rates for seniors for other tenures are:
7.50 per cent for one year
7.50 per cent for one year, one day to one year, nine months
7.50 per cent for one year, nine months, one day to less than two years
7.70 per cent for two years to less than three years
7.50 per cent for three years to less than five years
6.60 per cent for five years to 10 years
J&K Bank
Senior citizens can receive up to 7.55 per cent with J&K Bank FDs. Effective October 11, 2025, the FD rates for seniors are:
7.05 per cent for one year to less than two years
7.25 per cent for two years to 887 days
7.55 per cent for 888 days
7.25 per cent for 889 days to less than three years
7.15 per cent for three years to less than five years
7.10 per cent for five years to 10 years
RBL Bank
RBL Bank FD interest rates were last revised on September 24, 2025. It offers the highest 7.20 per cent to the general public and 7.70 per cent to seniors, including an additional 0.50 per cent that banks offer to them. The details for seniors are:
7.50 per cent for 365 days to 500 days
7.50 per cent for 501 days to less than 18 months
7.70 per cent for 18 months to 36 months
7.50 per cent for 36 months, one day to 60 months
7.20 per cent for 60 months, two days to 120 months
Yes Bank
This private sector bank offers up to 7.75 per cent interest to seniors and 7.00 per cent to the general public. After the last revision on August 30, 2025, the rates for seniors are:
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
7.50 per cent for 18 months and one day to less than 24 months
7.50 per cent for 24 months 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
IDFC First Bank
The bank revised FD rates on November 4, 2025, and offers seniors up to 7.50 per cent for a few tenures. Here are the details:
6.80 per cent for one year
6.80 per cent for one year, one day to 370 days
7.00 per cent for 371 days to 449 days
7.50 per cent for 450 days to two years
7.50 per cent for two years, one day to five years
6.50 per cent for five years, one day to 10 years
DCB Bank
Seniors can avail of up to 7.70 per cent with the bank. The bank revised FD rates on October 7, 2025. The rates for senior citizens are:
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 27 months
7.60 per cent for 27 months to less than 28 months
7.25 per cent for 28 months to less than 37 months
7.70 per cent for 37 months to 38 months
7.25 per cent for more than 38 months to 60 months
7.60 per cent for more than 60 months to 61 months
7.25 per cent for more than 61 months to 120 months
IndusInd Bank
The bank revised FD rates on September 25, 2025, and offers seniors up to 7.50 per cent. The details are:
7.25 per cent for one year to below one year six months
7.50 per cent for one year, six months to below one year, seven months
7.40 per cent for one year, seven months 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
AU Small Finance Bank
This small finance bank (SFB) revised its rates on July 3, 2025, and offers seniors the highest rate of 7.60 per cent for tenures of 24 to 36 months. For other tenures, seniors can avail of:
6.85 per cent for six months, one day to 12 months
7.40 per cent for various tenures from 12 months to 24 months
7.60 per cent for 24 months, one day to 36 months
7.50 per cent for 36 months, one day to 45 months
7.25 per cent for different tenures from 45 months one day to 120 months
Slice North East Small Finance Bank
This SFB offers seniors a maximum of 7.75 per cent effective September 17, 2025. The details are:
6.50 per cent for six months, one day to 12 months
7.25 per cent for 12 months, one day to 18 months
7.75 per cent for 18 months, one day to 18 months, two days
7.50 per cent for 18 months, three days to 36 months
7.25 per cent for 36 months, one day to 60 months
6.75 per cent for 60 months, one day to 120 months
Capital Small Finance Bank
Capital SFB revised FD rates on July 30, 2025. FD rates for senior citizens in this bank are:
7.50 per cent for one year to less than five years
7.40 per cent for five years to 10 years
Special FD rates:
7.65 per cent for 12 months
7.65 per cent for 400 days
7.55 per cent for 600 days
7.55 per cent for 900 days
Shivalik SFB
Seniors can avail of up to 7.80 per cent with the bank, effective September 18, 2025. The rates for seniors are:
7.80 per cent for 18 months to 24 months
7.50 per cent for 24 months, one day to 36 months
7.00 per cent for 36 months, one day to 60 months
6.75 per cent for 60 months, one day to 120 months
Suryoday Small Finance Bank
Suryoday SFB FD interest rates are effective from October 8, 2025, offering the highest 8.10 per cent to seniors. More details for them are here:
7.60 per cent for one year
7.45 per cent for various tenures between one year and 36 months
6.95 per cent for above three years to less than five years
8.10 per cent for five years
7.45 per cent for above five years to 10 years
Ujjivan SFB
The FD rates for seniors with the bank are:
7.75 per cent for 12 months to less than 24 months
7.95 per cent for 24 months
7.75 per cent for 24 months, one day to 990 days
7.70 per cent for 991 days to 60 months
7.00 per cent for 60 months, one day to 120 months
This SFB revised FD rates on August 5, 2025.
Utkarsh Small Finance Bank
Utkarsh SFB FD rates for seniors go up 8.15 per cent. Here are the interest rates that seniors can avail of with this SFB:
6.50 per cent for 181 days to 370 days
7.75 per cent for 371 days to less than two years (729 days)
8.15 per cent for two years (730 days) to three years (1095 days)
8.00 per cent for more than three years to less than four years
7.75 per cent for four years (1461 days) to five years (1826 days)
7.50 per cent for more than five years to 10 years
These rates have not changed since July 25, 2025
ESAF Small Finance Bank
The highest FD rate ESAF SFB offers to seniors is 8.10 per cent. The bank revised rates on June 18, 2025. For seniors, the rates are:
5.25 per cent for 183 days to one year
7.75 per cent for one year, one day to 443 days
8.10 per cent for 444 days
7.75 per cent for tenures from 445 days 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
Jana Small Finance Bank
Senior citizens can avail of up to 8.0 per cent. Here are the rates for them since October 4, 2025:
7.75 per cent for 181 days to 365 days
7.95 per cent for more than one year to two years (730 days)
8.00 per cent for more than two years to three years
7.75 per cent for more than three years to less than five years
8.00 per cent for five years (1825 days)
7.00 per cent for more than five years to 10 years.
