Best FD Rates for Senior Citizens: Banks offering Higher Returns up to 8.5 percent
Senior citizens can earn attractive returns on their fixed deposits (FDs) in 2025. Several banks, including Utkarsh, Jana, Unity, and ESAF Small Finance Banks, offer significantly higher interest rates to senior citizens compared to general customers. These rates range from 8.10% to 8.25%, exceeding the average market rates.
New Delhi: Fixed deposits remain a safe and secure investment tool for senior citizens. Banks offer this mode of investment, and they provide an additional 50 basis points for them. Senior citizens still remain the most sought-after targeted audience for the banks. The banks are offering an interest rate in a range of between 7.65 and 8.25 percent. The following article entails the list of banks that are providing the maximum interest rate, keeping the investment in FD alive.
Utkarsh Small Finance Bank FD Rates
Utkarsh Small Finance Bank is offering the rate of interest of 8.15 percent to senior citizens on FD of 2 years (730 days) to 3 years (1095 days). The rate of interest for general citizen is kept at 7.65 percent for the same period. The rates are effective from July 25, 2025.
Jana Small Finance Bank FD Rates
Jana Small Finance Bank is offering the rate of interest of 8.25 percent to senior citizens for FD tenures of 1 year and 3 year. The rate of interest for general citizens stands at 7.75 percent for the same tenure period. The rates are effective from July 25, 2025.
Unity Small Finance Bank FD Rates
Unity Bank is offering the rate of interest of 8.25 percent to senior citizens for FD tenures of 1001 days. The rate of interest for general citizens stands at 7.75 percent for the same tenure period. The rates are effective from July 1, 2025.
ESAF Bank FD Rates
ESAF Small Finance Bank is offering a rate of interest of 8.10 percent to senior citizens for FD tenures of 444 days. The rate of interest for general citizens stands at 7.60 percent for the same tenure period. The rates are effective from June 18, 2025.
Slice Small Finance Bank FD Rates
Slice Small Finance Bank is offering a rate of interest of 8.50 percent for FD tenures of 18 months 1 day to 18 months 2 days. The rate of interest for general citizens is the same as that of senior citizens.