What are the interest rates senior citizens can get on fixed deposits?
Senior citizens get a slightly higher rate of interest on fixed deposits across public and private banks, as well as NBFCs
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Fixed deposits are a low-risk investment vehicle. But for senior citizens, they offer one more advantage: they typically offer an extra 25 to 75 basis points on interest. FDs also don't need constant checking for returns, making them a hassle-free investment vehicle for senior citizens. Here is a list of fixed deposit rates for senior citizens from different financial institutions, provided by Paisabazaar.com
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First Published: Mar 26 2026 | 5:34 PM IST
