Fixed Deposits (FDs) have been one of the most trusted investment options in India for decades, especially among senior citizens. With attractive interest rates and zero risk, FDs provide a steady income even after retirement. If you're a senior citizen looking for high returns, some banks and Small Finance Banks (SFBs) are offering interest rates as high as 9.10% on FDs.

Why Senior Citizens Prefer FDs?

✅ Safe & Secure – Guaranteed returns with no risk
✅ Higher Interest Rates – Special rates for senior citizens
✅ Flexible Tenure – Choose from 7 days to 10 years
✅ Multiple Payout Options – Monthly, quarterly, half-yearly, or yearly interest

Top FD Interest Rates for Senior Citizens

Several banks and NBFCs are offering interest rates ranging from 2.50% to 9.10%, depending on the tenure. Here’s a look at the best FD rates:

Public Sector Banks

• Bank of Baroda – 7.80%
• Bank of India – 7.80%
• Canara Bank – 7.75%
• Central Bank of India – 7.95%
• State Bank of India (SBI) – 7.75%
• Union Bank of India – 7.90%

Private Sector Banks

• Axis Bank – 7.75%
• Bandhan Bank – 8.55%
• DBS Bank – 8.00%
• HDFC Bank – 7.90%
• ICICI Bank – 7.75%
• IDFC First Bank – 8.40%
• Yes Bank – 8.25%

Small Finance Banks Offering Highest FD Rates

• AU Small Finance Bank – 8.50%
• Jana Small Finance Bank – 8.75%
• North East Small Finance Bank – 9.00%
• Unity Small Finance Bank – 9.10%
• Utkarsh Small Finance Bank – 9.10%

Special Benefits for Senior Citizens

💰 Low Minimum Investment – Start with just ₹100
💳 Flexible Withdrawals – Withdraw full or partial amount before maturity
🔄 Auto-Renewal – Easily renew FD after maturity
🛡 Deposit Insurance – DICGC insures deposits up to ₹5 lakh

Final Takeaway

If you are a senior citizen looking for safe and high-return investments, these FD schemes are a golden opportunity. Check the latest rates and invest wisely to secure your financial future