Summary of this article
Bank are revising FD rates to align with the recent rate cut by the Reserve Bank of India (RBI).
The FD rates overall have come down from nearly 9 per cent to 6-7 range now.
Seven banks revised FD rates during the week ending on December 20, 2025.
State Bank of India (SBI), Punjab and Sind Bank, Indian Overseas Bank, City Union Bank, IDBI Bank, HDFC Bank, and Federal Bank revised their fixed deposit (FD) rates. The revised rates by banks came into effect to follow the reduced repo rate by the Reserve Bank of India (RBI). In 2025, RBI reduced repo rate by 1.25 per cent, and as a result, banks’ FD rates have also come down drastically from nearly 9 per cent to around 6-7 per cent. Here are the revised FD rate details for senior citizens for these seven banks, which changed rates during the week ended December 20, 2025.
State Bank Of India (SBI)
The bank revised the rate on December 15, 2025. It offers seniors the highest 7.05 per cent for a 5–10-year FD. For other tenures, SBI FD rates for seniors are:
• 6.75 per cent for one year to less than two years
• 6.90 per cent for two years to less than three years
• 6.80 per cent for three years to less than five years
• 7.05 per cent for five years and up to 10 years
Recently, it reduced the interest rates on its Amrit Vrishti FD (444 days) from 6.60 per cent to 6.45 per cent. For seniors, the bank offers 0.50 per cent additional interest.
Punjab And Sind Bank
This public sector bank also revised FD rates on December 15, 2025, and offers senior citizens up to 7.10 per cent interest. For seniors, the rates are:
• 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
• 7.10 per cent for 444 days
• 6.25 per cent for 445 days to 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
• 6.50 per cent for 777 days
• 6.35 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
An additional 15 basis points (bps) over these rates are available for super seniors on special tenures: 375 Days, 444 Days, 777 Days, 999 Days, and on PSB Green Earth FDs for 22 months, 44 months, 66 months.
Indian Overseas Bank (IOB)
IOB revised its FD rates on December 15. Seniors can avail of a maximum of 7.10 per cent. IOB interest rates for seniors are:
• 7.00 per cent for one year
• 6.90 per cent for more than one year to less than two years (except 444 days)
• 7.10 per cent for 444 days
• 6.90 per cent for two years to less than three years
• 6.60 per cent for three years and above
The bank offers an additional 25 bps over these rates to super seniors (80 years and above).
City Union Bank
The bank revised FD rates on December 15, 2025. It offers seniors:
• 6.75 per cent for 365 days to 499 days
• 7.00 per cent for 500 days
• 6.75 per cent for 501 days to three years
• 6.50 per cent for more than three years to 10 years
For super seniors, the rates of interest for these tenures are:
• 6.80 per cent for 365 days to 499 days
• 7.05 per cent for 500 days
• 6.80 per cent for 501 days to three years
• 6.60 per cent for more than three years to 10 years
IDBI Bank
IDBI Bank’s revised FD interest rates are effective December 18, 2025. Senior citizens can avail of:
• 6.70 per cent for one year
• 6.75 per cent for one year to two years (except 555 and 700 days)
• 7.05 per cent for more than two years to less than three years
• 6.85 per cent for three years to less than five years
• 6.75 per cent for 500 days
• 6.45 per cent for more than five years to seven years
• 6.40 per cent for more than seven years to 10 years
The bank offers two special FDs (Utsav FDs), which are valid until March 31, 2026. On these FDs, seniors can receive:
• 6.95 per cent for 555 days
• 7.00 per cent for 700 days
For super seniors, the rates under special FDs (IDBI Chiranjeevi-Super Senior Citizen FD) are:
• 7.10 per cent for 555 days
• 7.15 per cent for 700 days
HDFC Bank
HDFC Bank revised the FD rates on December 17, 2025, and offers the highest 6.90 per cent to senior citizens and 6.40 per cent to people less than 60 years old. Interest rates for seniors are:
• 6.75 per cent for one year to less than 15 months
• 6.75 per cent for 15 months to less than 18 months
• 6.90 per cent for 18 months to less than 21 months
• 6.90 per cent for tenures between 21 months and two years
• 6.75 per cent for two years one day to three years
• 6.85 per cent for three years one day to five years
• 6.65 per cent for five years one day to 10 years
Federal Bank
The bank revised the interest on December 15, 2025. 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
• 7.25 per cent for 36 months
• 7.00 per cent for more than 36 months to 10 years.
