Your current rates remain locked until maturity; only new deposits see lower rates.
From Aadhaar updates to new mutual fund timings and credit card rule changes, here's what taxpayers, investors, and bank customers need to know in June 2025
Private-sector lenders, ICICI and HDFC Bank, will offer senior citizens up to 7.35% returns for their deposits
DBS Bank says interest-calculation method ensures that customers benefit from daily fluctuations in their account balances
State-owned lender, Canara Bank announces perks for senior and super senior citizens, depending on tenure of accounts
Small-finance banks offer top returns as other lenders woo them too with lucrative terms
IND SECURE and IND GREEN offer rates of up to more than 7% for general customers
In May 2025, small finance banks are offering the highest FD interest rates, with NorthEast Small Finance Bank leading at 9%. Explore the best rates across small finance, private, public, and foreign
Union Bank of India's new 'Wellness Deposit' scheme offers a 375-day fixed deposit with up to 6.75% interest and a bundled ₹5 lakh health insurance
Despite the RBI's repo rate cut, many banks still offer over 8% FD rates for senior citizens. Here's a look at the best rates across small finance, private, public, and foreign banks.
Senior citizens can get up to 8.25% interest; check out new features offered by the lender
Lenders updating schemes after Reserve Bank of India cut repo rate to 6% earlier this month
Senior citizens will earn up to 8.25%, general customers up to 7.75% on 12-24 month deposits.
Its rates for various tenures now range from 3% to 7.05% for general customers and 3.5 per cent to 7.55 per cent for senior citizens.
Lender discontinues two tenures, announces new terms for other products
Lenders decision will impact investors who planned relying on stable returns from these accounts
The new FD scheme, named the Square Drive Deposit Scheme, was launched on April 7
Fixed deposits ensure that the principal amount invested is preserved. Investors can rest assured that they will receive their initial investment back along with accrued interest at maturity
Lender offers 3.5% to 7.75% for senior citizens for tenures ranging seven days to 10 years for amounts less than Rs 3 crore
Among private sector banks, DCB Bank offers the highest interest rate of 8.05% for fixed deposits with a tenure of 19 to 20 months