Fixed Deposit Rates: If you are also a senior citizen and are planning to invest in FD, then this news is for you. Actually, today in this news we are going to tell you which bank is giving the highest interest on FD to senior citizens-
Fixed deposits (FDs) are still a good option for risk-averse investors as it offers stable and assured returns. However, recently many major banks like SBI, ICICI Bank, HDFC Bank and Canara Bank have cut FD rates. This change has happened in the last 10 days till May 27, 2025. Therefore, it is important to choose the right bank and the right period while investing in FD.
SBI FD interest rates-
If you want to do FD in SBI (State Bank of India), then you can get annual interest ranging from 3.30% to 7.05%. These rates are for general customers. At the same time, senior citizens get slightly higher interest i.e. from 3.5% to 7.35%. If you are a super senior citizen (age 80 years or more), then SBI gives you interest up to 7.45%. The highest interest is being given on FD of 444 days.
ICICI Bank FD interest rates-
General people get interest ranging from 3% to 6.85% on FD of ICICI Bank. If you are a senior citizen, then you will get interest ranging from 3.5% to 7.35%. The highest interest is being given on FD of 18 months to 2 years.
FD interest rates of HDFC Bank-
HDFC Bank is also giving almost the same interest on FD as ICICI. Here general customers can get interest from 3% to 6.85% and senior citizens can get interest from 3.5% to 7.35%. The highest interest is being given on FDs of tenure from 15 months to a little less than 21 months.
FD interest rates of Canara Bank-
General customers get interest from 4% to 7% on FD of Canara Bank, while senior citizens can get interest from 4% to 7.50%. The highest interest rate is applicable on FD of 444 days.
