# Indian bank fixed deposit interest rates

> Live situation record from CLSTR: https://clstr.news/situations/20260920-indian-bank-fixed-deposit-interest-rates
> Updated: 2026-09-20T04:28:30.000Z. Sources: 2. Developments: 2.

Indian banks are offering competitive interest rates on Fixed Deposits (FD), with a particular focus on senior citizens. Small Finance Banks (SFBs) are providing higher returns on 5-year deposits than major public and private sector banks. 

Specific offerings for senior citizens on 5-year FDs include rates from Suryoday Small Finance Bank (8.25% to 8.50%), Shivalik Small Finance Bank (8.25% to 8.50%), Jana Small Finance Bank (8.00%), Utkarsh Small Finance Bank (7.75% to 8.00%), and Unity Small Finance Bank (up to 8.50%).

Punjab National Bank (PNB) also features a special 666-day FD scheme. For deposits under ₹3 crore, general customers receive 6.50% interest, senior citizens (60+) receive 7%, and super senior citizens (80+) receive 7.30% per annum.

## Timeline

### 2026-09-20: Indian banks offer high interest rates on Fixed Deposits

Indian banks, including various Small Finance Banks and PNB, are offering high-interest Fixed Deposits, with senior citizens receiving rates up to 8.50% on 5-year terms.

2 sources. https://clstr.news/cluster/indian-banks-offer-high-interest-rates-on-fixed-deposits

### 2026-09-19: India Post RD scheme offers 6.7% interest on monthly savings

India Post's 5-year Recurring Deposit scheme offers a 6.7% annual interest rate with quarterly compounding, providing a secure, government-guaranteed option for monthly savings.

2 sources. https://clstr.news/cluster/india-post-rd-scheme-offers-67-interest-on-monthly-savings

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Cite as: Indian bank fixed deposit interest rates. CLSTR, https://clstr.news/situations/20260920-indian-bank-fixed-deposit-interest-rates