Karnataka Bank, Karur Vysya Bank, IDFC First Bank, And Four More Banks Revise FD Rates, Up To 8.30 Per Cent For Seniors

Seven banks revised their fixed deposit (FD) rates during the week ended on June 13, 2026. These include Karnataka Bank, Karur Vysya Bank, IDFC First Bank, Kotak Mahindra Bank, AU Small Finance Bank (SFB), Equitas SFB, and Unity SFB. Here are the interest rate details for senior citizens.  

Karnataka Bank

Karnataka Bank revised FD rates on June 8, 2026. It offers seniors an additional 40 basis points (bps) higher interest on FDs of one-year and above tenure. Senior citizens (60 years and above) can avail of:

• 6.90 per cent for one year to 554 days

• 7.40 per cent for 555 days only

• 6.80 per cent for 556 days to two years

• 6.55 per cent for tenure above two years to three years

• 6.55 per cent for tenure above three years to five years

• 5.90 per cent for above five years to 10 years

Karur Vysya Bank

Karur Vysya Bank revised its FD rates on June 8, 2026, and offers seniors a maximum of 7.70 per cent on ‘400 day’ tenure. This includes an additional 50 bps available for seniors. Other tenure rates for seniors are:

• 7.05 per cent for one year to 399 days

• 7.70 per cent for 400 days

• 7.05 per cent for 401 days up to two years

• 7.05 per cent for more than two years up to three years

• 7.05 per cent for more than three years up to five years

• 6.75 per cent for more than five years

• 7.05 per cent for KVB Tax Shield Deposits

• 4.75 per cent for Rainbow Deposits (RBFD)

• 6.75 per cent for Green Deposits (2345 days)

Rainbow deposits are the Bank’s sweep-in FDs, created automatically when there is a surplus amount available in the savings account. Green deposit FDs are those whose funds are invested in environmentally friendly initiatives.

IDFC First Bank

IDFC First Bank’s revised FD rates are effective since June 10, 2026.  The bank has revised the tenure and the interest rate. Now, seniors can avail of:

• 6.75 per cent for one year

• 6.75 per cent for one year one day to 370 days

• 7.25 per cent for 371 days to 390 days

• 7.50 per cent for 391 days to 499 days

• 7.60 per cent for 500 days to three years

• 7.00 per cent for three years one day to five years

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

Kotak Mahindra Bank

Effective June 10, 2026, Kotak Mahindra Bank’s new FD rates are applicable. While the bank has reduced the rates, the higher rate for seniors remains unchanged at 7.30 per cent. Seniors’ FD rates are:

• 6.85 per cent for 365 days to less than 15 months

• 6.95 per cent for 15 months to less than 18 months

• 7.05 per cent for 18 months to less than two years

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

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

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

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

AU Small Finance Bank (SFB)

AU Small Finance Bank (SFB) revised its FD rates on June 10, 2026. It offers seniors up to 7.90 per cent. For seniors, the rates are:

• 7.60 per cent for 12 months one day to 15 months

• 7.50 per cent for 15 months one day to 18 months

• 7.50 per cent for 18 months one day to 24 months

• 7.60 per cent for 24 months one day to 30 months

• 7.90 per cent for 30 months one day to 36 months

• 7.50 per cent for 36 months one day to 45 months

• 7.25 per cent for 45 months one day to 60 months

• 7.25 per cent for 60 months to 120 months

Equitas SFB

Equitas SFB revised FD rates are effective since June 10, 2026. It offers a maximum of 8.25 per cent to seniors. They can avail of:

• 7.60 per cent for one year to 443 days

• 7.60 per cent for 444 days

• 7.60 per cent for 445 days to 18 months

• 7.50 per cent for 18 months one day to two years

• 7.60 per cent for two years one day to 776 days

• 7.60 per cent for 777 days

• 7.60 per cent for 778 days to 887 days

• 8.25 per cent for 888 days

• 7.60 per cent for 889 days to three years

• 7.50 per cent for three years one day to four years

• 7.50 per cent for four years one day to five years

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

Unity SFB

Unity SFB offers up to 8.30 per cent to seniors after the rate revision effective June 11, 2026. Unity SFB FD rates for seniors are:

• 8.00 per cent for 12 months

• 7.00 per cent for 12 months to one day

• 7.00 per cent for 12 months one day to 500 days

• 8.30 per cent for 501 days

• 7.25 per cent for 502 days to 18 months

• 7.25 per cent for more than 18 months to 700 days

• 7.25 per cent for 701 days

• 7.25 per cent for 702 days to 998 days

• 7.25 per cent for 999 days to 34 months

• 7.25 per cent for above 34 months to 36 months

• 7.25 per cent for above 36 months to 60 months

• 6.50 per cent for above 60 months to 120 months

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