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The Economic Times
The Economic Times
Business
Sneha Kulkarni

Up to 8.50% interest rate on senior citizen FD: This bank revises rates on fixed deposit; check new rates and returns on Rs 1 lakh investment

For senior citizens looking for a high interest rate fixed deposit (FD) investment option, Suryoday Small Finance Bank has increased the rates of its 5-year FD for general and senior citizens. The bank is now offering an interest rate of 8.50% per annum to senior citizens, a hike of 45 bps from the previous rate. The bank has also increased the interest rate on its 18-month tenor, where it is offering a 7.95% interest rate to senior citizens, a 20 bps jump from the previous rate.

Suryoday Small Finance Bank’s revised FD rates are effective from August 15, 2026.

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