New Delhi, Aug. 29 -- Senior citizens can currently secure fixed deposit (FD) interest rates of up to 8.50%, with small finance banks offering some of the most attractive returns in the market. Private, public sector and foreign banks are also providing competitive FD rates for elderly depositors.

For those investing substantial sums, even a marginal variation in FD rates can have a significant impact on the total interest earned. Comparing rates offered by different banks and selecting an appropriate deposit tenure can help senior citizens improve their interest income while retaining the relatively low-risk nature of fixed deposits.

The senior citizen FD interest rates mentioned above were last updated on 26 August 2026 and apply to d...