Punjab National Bank (PNB), Bandhan Bank, Axis Bank, and IDFC First Bank, revised their fixed deposit (FD) rates during the week ended September 6, 2025. The popular investment instrument among the masses is the cheapest, one of the simplest, and the most approachable due to banks’ long-standing and vast presence. If a senior citizen (60 and above) wants to explore FD rates, one may check the revised rates of these four banks here.
Punjab National Bank (PNB)
This public sector bank revised its FD rates on September 1, 2025. Senior citizens can avail of the highest 7.10 per cent for a 390-day tenure, and super senior citizens (80 years and above) can receive the maximum of 7.40 per cent interest for the same tenure. Here are the interest rates for seniors:
• 6.75 per cent for one year
• 6.90 per cent for more than one year to 389 days
• 7.10 per cent for 390 days
• 6.90 per cent for 391 days to 505 days
• 6.80 per cent for 506 days
• 6.90 per cent for 507 days to two years
• 6.90 per cent for more than two years to three years
• 7.00 per cent for more than three years to 1203 days
• 6.65 per cent for 1204 days
• 6.75 per cent for 1205 days to five years
• 6.80 per cent for more than five years to 1894 days
• 6.65 per cent for 1895 days
• 6.80 per cent for 1896 days to 10 years tenure
The rates for super seniors are 0.30 per cent (30 basis points) higher than these rates for up to five years and equal to these rates for more than five years.
Bandhan Bank
This private sector bank also revised FD rates on September 1, 2025, and post-revision, the highest rate for seniors is 7.70 per cent for the two-year to less than three-year tenure. Earlier, the rate was 7.80 per cent for the same tenure. Here are the revised rates for seniors:
• 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
Axis Bank
Axis Bank offers an additional 50 basis points (bps) to seniors across FD tenures except for five five-year to 10-year tenures. For this tenure, it offers 7.35 per cent to seniors and 6.60 per cent to the general public, showing a difference of 75 bps. It revised the FD rates on September 6, 2025. Here are the latest rates:
• 6.75 per cent for tenures from one year to one year 10 days
• 6.75 per cent for one year and 11 days to less than 13 months
• 6.75 per cent for 13 months to less than 15 months
• 7.00 per cent for 15 months to less than 18 months
• 7.10 per cent for tenures from 18 months to less than two years
• 7.10 per cent for tenures from two years to less than three years
• 7.10 per cent for tenures from three years to less than five years
• 7.35 per cent for five years to 10 years
IDFC First Bank
IDFC First Bank offers seniors the highest 7.50 per cent for 450 days to two-year tenure, including an additional 50 bps interest. The bank revised FD rates on September 3, 2025. Here are IDFC First Bank’s revised rates:
• 6.80 per cent for one year
• 6.80 per cent for one year one day to 370 days
• 7.00 per cent for 450 days to two years
• 7.25 per cent for tenure from two years one day to three years
• 7.10 per cent for tenure from three years one day to five years
• 6.50 per cent for five years one day to 10 years
