5-year Senior citizen FD interest rates up to 8.05%: SBI vs PNB vs HDFC Bank vs other banks

Many senior citizens prefer fixed deposit (FD) investments because they want low-risk, stable returns and a regular source of income in their old age. Banks and small finance banks (SFBs) offer senior citizens with FD options of different tenures and interest rates. These banks also provide senior citizens with additional FD interest rates compared to general citizens. Many senior citizens invest in 5-year FDs to get attractive returns offered by various banks. Currently, some SFBs are offering up to 8.05% interest rates to senior citizens on the 5-year FD, while private and public sector banks are also offering attractive and competitive rates to senior citizens. Here's a comparison of the highest five-year senior citizen FD interest rates offered by different banks.

Highest 5-year senior citizen FD interest rates by small finance banks (SFBs)

Small finance bank Suryoday SFB is offering the highest 5-year senior citizen FD interest rate at 8.05%. Jana Small Finance Bank is close behind with a 8.05% rate on its 5-year FD.

Check the highest 5-year senior citizen FD interest rates from SFBs

Rank	Public Sector Bank	5-year Interest Rate (%)	Additional Rate for Super Senior Citizens
1	State Bank of India	7.05	0.10% on all tenures
2	Bank of Baroda	6.9	0.10% on tenures of above 1 year to 5 years
3	Punjab National Bank	6.85	0.30% for tenures up to 5 years
4	Bank of India	6.75	0.15% on tenures 180 days to 10 years
5	Canara Bank	6.75	0.10% on tenure of 444 days & 555 days
6	Indian Overseas Bank	6.6	0.25% on all tenures
7	Central Bank of India	6.5	---
8	Indian Bank	6.5	0.25% on all tenures
9	Union Bank of India	6.5	0.25% on all tenures
10	Punjab & Sind Bank	6.45	0.15% on tenure of 375 days, 444 days, 666 days, 777 days, 999 days & PSB Green Earth (22 months, 44 months, 66 months)
11	Bank of Maharashtra	5.5	---

Highest 5-year senior citizens FD interest rates at private sector banks

Among private sector banks, DCB Bank offers the highest FD interest rate of 8% on the 5-year senior citizen FD. Among major private sector banks, HDFC Bank is offering a 6.9% rate to senior citizens on the 5-year FD, while ICICI Bank’s rate is 7.1%. Check the list of the highest 5-year senior citizen FD interest rates from private sector banks.

Rank	Private Sector Bank	5-year Interest Rate (%)	Additional Rate for Super Senior Citizens
1	DCB Bank	8	0.05% on tenures of 24 months to less than 25 months, 34 months to 35 months, 37 months to 38 months, 60 months to 61 months**
2	SBM Bank India	7.5	---
3	YES Bank	7.5	---
4	Jammu & Kashmir Bank	7.25	0.25% on all tenures
5	Axis Bank	7.2	---
6	RBL Bank	7.2	0.25% on all tenures
7	Tamilnad Mercantile Bank	7.2	---
8	IndusInd Bank	7.15	---
9	ICICI Bank	7.1	---
10	IDFC FIRST Bank	7	---
11	Federal Bank	6.9	---
12	HDFC Bank	6.9	---
13	City Union Bank	6.75	0.05% on 271 days to 5 years; 0.10% on above 5 years to 10 years
14	DBS Bank	6.75	---
15	IDBI Bank	6.75	0.15% on 555 days & 700 days
16	Kotak Mahindra Bank	6.75	---
17	Bandhan Bank	6.6	---
18	Karnataka Bank	6.55	---
19	South Indian Bank	6.2	---
20	CSB Bank	5.9	---

Highest 5-year senior citizen FD interest rates offered by public sector banks

Among public sector banks, State Bank of India is offering the highest 5-year senior citizen FD interest rate at 7.05%. Among other major PSU banks, Canara Bank and Bank of India offer a 6.75% each, while Bank of Baroda is offering a 6.9% rate on its 5-year senior citizen FD.

Rank	Public Sector Bank	5-year Interest Rate (%)	Additional Rate for Super Senior Citizens
1	State Bank of India	7.05	0.10% on all tenures
2	Bank of Baroda	6.9	0.10% on tenures of above 1 year to 5 years
3	Punjab National Bank	6.85	0.30% for tenures up to 5 years
4	Bank of India	6.75	0.15% on tenures 180 days to 10 years
5	Canara Bank	6.75	0.10% on tenure of 444 days & 555 days
6	Indian Overseas Bank	6.6	0.25% on all tenures
7	Central Bank of India	6.5	---
8	Indian Bank	6.5	0.25% on all tenures
9	Union Bank of India	6.5	0.25% on all tenures
10	Punjab & Sind Bank	6.45	0.15% on tenure of 375 days, 444 days, 666 days, 777 days, 999 days & PSB Green Earth (22 months, 44 months, 66 months)
11	Bank of Maharashtra	5.5	---

_{Data from Paisabazaar as on June 24, 2026}