SynopsisHDFC Bank has announced a boost to fixed deposit rates for senior citizens, increasing them by ten basis points. Federal Bank has also adjusted its interest rates for fixed deposits applicable to all clients. This revision ensures that senior citizens benefit from improved returns. Both banks are now providing competitive rates across select tenures, making savings more rewarding.ET OnlineHDFC Bank, Federal Bank revise FD ratesHDFC 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 citizensHDFC 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%.TenureInterest Rate (per annum)7 - 14 days2.75%15-29 days2.75%30-45 days3.25%46-60 days4.25%61-89 days4.25%90 days <= 6 months4.25%6 months 1 day <=9 months5.50%9 months 1 day to < 1 Year5.75%1 Year to < 15 months6.25%15 months to < 18 months6.35%18 months to < 21 months6.45%21 months to 2 years6.45%2 Years 1 day to < 2 Year 11 Months6.45%2 Years 11 Months (35 months)6.45%2 Years 11 Months 1 day <= 3 Year6.45%3 Years 1 day to < 4 Years 7 Months6.50%4 Year 7 Months (55 months)6.40%4 Year 7 Months 1 day <=5 Years6.40%5 Years 1 day to 10 Years6.15%Federal Bank FD interest ratesFederal 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.PeriodSingle Deposit Less than ₹300 Lakhs - General PublicSingle Deposit Less than ₹300 Lakhs - Senior Citizen7 days to 29 days3.00%3.50%30 days to 45 days3.25%3.75%46 days to 90 days4.25%4.75%91 days to 180 days4.50%5.00%181 days6.00%6.50%182 days to 270 days5.50%6.00%271 days to less than 1 year6.00%6.50%1 year6.25%6.75%Above 1 year to less than 15 Months6.40%6.90%15 Months6.65%7.15%Above 15 Months to 24 Months6.40%6.90%Above 24 months to less than 48 months6.50%7.00%48 months6.70%7.20%Above 48 months to 10 years6.40%6.90% (Join our ETWealth WhatsApp channel for all the latest updates)...more