Senior citizens can earn up to 7.20% on FD investment: HDFC Bank, Federal Bank revise rates on select tenures

HDFC Bank has increased fixed deposit (FD) interest rate on a select tenure by 10 basis points (bps) for senior citizens for deposits below Rs 3 crore. The new rates are applicable from August 19, 2026.

Other than HDFC Bank, Federal Bank has also revised its FD interest rates. The bank is now offering up to 7.20% interest rate to senior citizens. The new Federal Bank FD rates will be available from August 17, 2026.

After the revision, the HDFC Bank offers the highest FD interest rate of 7.10% to senior citizens on a tenure bucket of 3 years 1 day to less than 4 years 7 months. Earlier, on the same tenure bucket, the bank was offering a 7% interest rate to senior citizens.

Latest HDFC Bank senior citizen FD interest rates

Tenure Bucket	**Senior Citizen Rates (per annum)
7 - 14 days	3.25%
15-29 days	3.25%
30-45 days	3.75%
46-60 days	4.75%
61-89 days	4.75%
90 days <= 6 months	4.75%
6 months 1 day <=9 months	6.00%
9 months 1 day to < 1 Year	6.25%
1 Year to < 15 months	6.75%
15 months to < 18 months	6.85%
18 months to < 21 months	6.95%
21 months to 2 years	6.95%
2 Years 1 day to < 2 Year 11 Months	6.95%
2 Years 11 Months (35 months)	6.95%
2 Years 11 Months 1 day <= 3 Year	6.95%
3 Years 1 day to < 4 Years 7 Months	7.10%
4 Year 7 Months (55 months)	6.90%
4 Year 7 Months 1 day <=5 Years	6.90%
5 Years 1 day to 10 Years	6.65%

Latest HDFC Bank FD interest rates for regular citizens

HDFC Bank has not revised FD interest rates for regular citizens, to whom the bank will continue offering interest rates from 2.75% to 6.50%.

Tenure	Interest Rate (per annum)
7 - 14 days	2.75%
15-29 days	2.75%
30-45 days	3.25%
46-60 days	4.25%
61-89 days	4.25%
90 days <= 6 months	4.25%
6 months 1 day <=9 months	5.50%
9 months 1 day to < 1 Year	5.75%
1 Year to < 15 months	6.25%
15 months to < 18 months	6.35%
18 months to < 21 months	6.45%
21 months to 2 years	6.45%
2 Years 1 day to < 2 Year 11 Months	6.45%
2 Years 11 Months (35 months)	6.45%
2 Years 11 Months 1 day <= 3 Year	6.45%
3 Years 1 day to < 4 Years 7 Months	6.50%
4 Year 7 Months (55 months)	6.40%
4 Year 7 Months 1 day <=5 Years	6.40%
5 Years 1 day to 10 Years	6.15%

Federal Bank FD interest rates

Federal Bank has also revised its fixed deposit interest rates. After the revision, the bank offers FD interest rate from 3% to 6.70% to regular citizens. For senior citizens, the bank offers FD interest rates from 3.50% to 7.20%. The highest interest rate of 6.70% and 7.20% for senior citizens is offered on the 48-month tenure. The revised rates are applicable from August 17, 2026.

Period	Single Deposit Less than ₹300 Lakhs - General Public	Single Deposit Less than ₹300 Lakhs - Senior Citizen
7 days to 29 days	3.00%	3.50%
30 days to 45 days	3.25%	3.75%
46 days to 90 days	4.25%	4.75%
91 days to 180 days	4.50%	5.00%
181 days	6.00%	6.50%
182 days to 270 days	5.50%	6.00%
271 days to less than 1 year	6.00%	6.50%
1 year	6.25%	6.75%
Above 1 year to less than 15 Months	6.40%	6.90%
15 Months	6.65%	7.15%
Above 15 Months to 24 Months	6.40%	6.90%
Above 24 months to less than 48 months	6.50%	7.00%
48 months	6.70%	7.20%
Above 48 months to 10 years	6.40%	6.90%