Senior citizens FD interest rates up to 8.3%: SBI, HDFC Bank, PNB, ICICI Bank, Axis Bank and more

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Sneha Kulkarni

, ET OnlineLast Updated: Jun 13, 2026, 03:54:00 PM IST

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Highest FD interest rate: Senior citizens seeking lucrative returns on their savings can now explore attractive fixed deposit options. Small finance banks like Unity SFB and Shivalik SFB are leading the pack, offering an impressive 8.3% interest rate on FDs for this demographic. This presents a significant opportunity for retirees to boost their earnings.

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ET online — Senior citizens FDs with up to 8.3% rate

Senior citizens looking to earn high returns on their savings now have a wide range of fixed deposit (FD) options across small finance banks, private sector banks and public sector banks. Here is a comparison of the highest FD interest rates currently offered to senior citizens by small finance banks, private sector banks and public sector banks.

Highest FD interest rates for senior citizens by small finance banks

Small finance banks such as Unity SFB and Shivalik SFB are offering the highest FD interest rate of 8.3% each to senior citizens.

Check the highest senior citizen FD interest rates list below-

Small Finance Bank	Highest FD Interest Rate (%)	Tenure
Shivalik Small Finance Bank	8.3	21 months 1 day to 22 months
Equitas Small Finance Bank	8.25	888 days
ESAF Small Finance Bank	8.25	2 years to less than 3 years
Suryoday Small Finance Bank	8.25	30 months
Utkarsh Small Finance Bank	8.25	666 days
Ujjivan Small Finance Bank	8.05	3 years 1 day to 3 years 6 months
Jana Small Finance Bank	8	Above 2 years to 5 years
AU Small Finance Bank	7.9	30 months 1 day to 36 months
slice Small Finance Bank	7.75	18 months 1 day to 18 months 2 days

Highest senior citizens FD interest rates at private sector banks

Among private sector banks, DCB Bank offers the highest FD interest rate of 8%. Among major private sector banks, HDFC Bank is offering its highest interest rate to senior citizens at 7%, while ICICI Bank’s highest FD interest rate is 7.1%. Check the list of the highest FD rates from private sector banks.

Bank	Highest FD Interest Rate (%)	Tenure	Super Senior Citizen Extra Rate
DCB Bank	8	24 months to less than 25 months; 34 months to less than 35 months; 60 months to 61 months	0.05% on tenures of 24 months to less than 25 months, 34 months to 35 months, 37 months to 38 months, 60 months to 61 months
SBM Bank India	7.8	Above 18 months to less than 2 years 3 days	---
Bandhan Bank	7.75	2 years to less than 5 years	---
IndusInd Bank	7.75	2 years to 3 years	---
Jammu & Kashmir Bank	7.75	888 days	0.25% on all tenures
YES Bank	7.75	18 months 1 day to less than 24 months; 36 months to less than 60 months	---
RBL Bank	7.7	18 months to 3 years	0.25% on all tenures
Tamilnad Mercantile Bank	7.7	567 days (TMB567)	---
IDFC FIRST Bank	7.6	500 days to 3 years	---
City Union Bank	7.5	555 days	0.05% on 271 days to 399 days; 0.10% on 400 days; 0.05% on 401 days to 3 years; 0.10% on above 3 years to 10 years
CSB Bank	7.5	18 months	---
Karnataka Bank	7.4	555 days	---
DBS Bank	7.35	376 days to 400 days	---
Federal Bank	7.3	15 months	---
Kotak Mahindra Bank	7.3	2 years to less than 3 years	---
South Indian Bank	7.3	30 months	---
Axis Bank	7.2	5 years to 10 years	---
ICICI Bank	7.1	3 years 1 day to 5 years	---
HDFC Bank	7	3 years 1 day to less than 4 years 7 months	---
IDBI Bank	7	Above 2 years to less than 3 years	0.15% on 555 days & 700 days

Highest senior citizen FD interest rates offered by public sector banks

Among public sector banks, Bank of India is offering the highest FD interest rate to senior citizens at 7.45%. Among major PSU banks, State Bank of India (SBI) is offering a 7.05% rate, while Canara Bank and Punjab National Bank offer a 7.1% FD interest rate each as their highest rate to senior citizens. Go through the list of the PSU banks offering the highest FD rates to senior citizens.

Bank	Highest FD Interest Rate (%)	Tenure	Senior Citizen Extra Rate
Bank of India	7.45	3 years	0.15% on tenures of 180 days to 10 years
Indian Bank	7.3	555 days	0.25% on all tenures
Punjab & Sind Bank	7.25	666 days	0.15% on tenure of 375 days, 444 days, 666 days, 777 days, 999 days & PSB Green Earth (22 months, 44 months, 66 months)
Bank of Maharashtra	7.15	400 days	---
Union Bank of India	7.15	555 days	0.25% on all tenures
Canara Bank	7.1	555 days	0.10% on tenure of 444 days & 555 days
Indian Overseas Bank	7.1	444 days	0.25% on all tenures
Punjab National Bank	7.1	444 days	0.30% for tenures up to 5 years
State Bank of India	7.05	5 years to 10 years	0.10% on all tenures
Bank of Baroda	7	Above 5 years and up to 10 years	0.10% on tenures of above 1 year to 5 years
Central Bank of India	6.75	2 years to less than 3 years	---