Five Banks, Including City Union Bank, DCB Bank, and J&K Bank, Hike Fixed Deposit Rates, Offering Up to 7.65% Interest for Senior Citizens

Five Banks, Including City Union Bank, DCB Bank, and J&K Bank, Hike Fixed Deposit Rates, Offering Up to 7.65% Interest for Senior Citizens

This week, six banks in India revised their fixed deposit (FD) rates, continuing a trend of reductions over the past few months. The revised rates for senior citizens now range between 6.50% and 8.00% across most banks. The banks that revised their FD rates include...
Eight banks, including PNB, Indian Bank, ICICI Bank, and Jana SFB, have revised their fixed deposit rates, with seniors now eligible for up to 8.00% interest.

Eight banks, including PNB, Indian Bank, ICICI Bank, and Jana SFB, have revised their fixed deposit rates, with seniors now eligible for up to 8.00% interest.

The Indian government has maintained the interest rates for small savings schemes for the last quarter of the fiscal year 2024-25. However, several banks have reduced their fixed deposit (FD) rates. In the week ending January 3, 2026, eight banks, including Punjab...
Senior citizens can earn up to 8% interest rate for a 3-year investment; check the complete list of participating banks.

Senior citizens can earn up to 8% interest rate for a 3-year investment; check the complete list of participating banks.

For senior citizens investing for a period of three years, several banks are offering a fixed deposit (FD) rate of up to 8%. This is a significant incentive for seniors who are looking to grow their savings while minimizing risk. The banks offering these high FD rates...