In February 2025, six banks revised their fixed deposit interest rates amid a repo rate cut by the Reserve Bank of India

FD interest rate up to 9.10%: 6 banks that have revised fixed deposit interest rate in February 2025; Check details Despite some reductions, senior citizens could still earn rates as high as 9.10% per annum, offering attractive returns for their investments

Interest rates on fixed deposits (FDs) are a significant factor in investment choices, especially for senior citizens. In February 2025, six banks changed their FD interest rates. It is important to note that February 2025 also saw a repo rate cut of 25 basis points (25 bps). The Reserve Bank of India cut the repo rate from 6.50% to 6.25%. Due to this, some banks have reduced fixed deposit interest rates. However, some banks still offer senior citizens interest rates as high as 9.10% per annum.

Trump-Modi Meet

The mega MIGA, MAGA plans of India's Modi and US' Trump
Trump says India has more tariffs than others
Trump's 'golden rule' for imposing reciprocal tariffs
Here is the list of six banks that revised their FD interest rates in February 2025.

City Union Bank FD interest rates
The bank revised the fixed deposit interest rate on deposits below Rs 3 crore. After the revision, the bank offers interest rates between 5% and 7.50% per annum for tenure ranging from 7 days to 10 years. The bank currently offers interest rates between 5% to 8% per annum for senior citizens.
The bank is offering the highest interest rate on the tenure of 333 days. The general public can get 7.50% per annum on 333 days tenure. A senior citizen can get 8% per annum on 333 days tenure.
The revised FD rates are applicable from February 10, 2025.

Artificial Intelligence(AI)
Java Programming with ChatGPT: Learn using Generative AI
By - Metla Sudha Sekhar, IT Specialist and Developer
Artificial Intelligence(AI)
Basics of Generative AI: Unveiling Tomorrows Innovations
By - Metla Sudha Sekhar, IT Specialist and Developer
Artificial Intelligence(AI)
Generative AI for Dynamic Java Web Applications with ChatGPT
By - Metla Sudha Sekhar, IT Specialist and Developer
Marketing
Performance Marketing for eCommerce Brands
By - Zafer Mukeri, Founder- Inara Marketers
Artificial Intelligence(AI)
Mastering C++ Fundamentals with Generative AI: A Hands-On
By - Metla Sudha Sekhar, IT Specialist and Developer
Finance
A2Z Of Money
By - elearnmarkets, Financial Education by StockEdge
Artificial Intelligence(AI)
Master in Python Language Quickly Using the ChatGPT Open AI
By - Metla Sudha Sekhar, IT Specialist and Developer
Office Productivity
Zero to Hero in Microsoft Excel: Complete Excel guide 2024
By - Metla Sudha Sekhar, IT Specialist and Developer
Artificial Intelligence(AI)
AI and Analytics based Business Strategy
By - Tanusree De, Managing Director- Accenture Technology Lead, Trustworthy AI Center of Excellence: ATCI
Artificial Intelligence(AI)
AI-Powered Python Mastery with Tabnine: Boost Your Coding Skills
By - Metla Sudha Sekhar, IT Specialist and Developer
Web Development
Advanced C++ Mastery: OOPs and Template Techniques
By - Metla Sudha Sekhar, IT Specialist and Developer
Astrology
Vastu Shastra Course
By - Sachenkumar Rai, Vastu Shashtri
Finance
Crypto & NFT Mastery: From Basics to Advanced
By - CA Raj K Agrawal, Chartered Accountant
Data Science
SQL for Data Science along with Data Analytics and Data Visualization
By - Metla Sudha Sekhar, IT Specialist and Developer
Legal
Complete Guide to AI Governance and Compliance
By - Prince Patni, Software Developer (BI, Data Science)
Web Development
A Comprehensive ASP.NET Core MVC 6 Project Guide for 2024
By - Metla Sudha Sekhar, IT Specialist and Developer
Technology
Certified Jenkins Professional
By - Vskills, India's Leading Certification Body
Office Productivity
Mastering Microsoft Office: Word, Excel, PowerPoint, and 365
By - Metla Sudha Sekhar, IT Specialist and Developer
Marketing
Digital marketing - Wordpress Website Development
By - Shraddha Somani, Digital Marketing Trainer, Consultant, Strategiest and Subject Matter expert
Web Development
Mastering Full Stack Development: From Frontend to Backend Excellence
By - Metla Sudha Sekhar, IT Specialist and Developer
Finance
Financial Literacy i.e Lets Crack the Billionaire Code
By - CA Rahul Gupta, CA with 10+ years of experience and Accounting Educator
Leadership
Business Storytelling Masterclass
By - Ameen Haque, Founder of Storywallahs
Marketing
Future of Marketing & Branding Masterclass
By - Dr. David Aaker, Professor Emeritus at the Haas School of Business, UC Berkeley, Author | Speaker | Thought Leader | Branding Consultant

DCB Bank FD interest rates
Private sector lender DCB Bank has reduced interest rates on fixed deposits below Rs 3 crore. However, the FD interest rates have been reduced for select tenures only. Following the revision, DCB Bank offers interest rates between 3.75% and 8.05% per annum on FD amounts. The interest rate applies to FD tenures ranging between 7 days and 10 years.

After RBI rate cut, this bank slashes FD interest rates by up to 65 bps

The highest interest rate of 8.05% on FDs is offered on a tenure of 19 months to 20 months to general citizens. On the same tenure, senior citizens can earn 8.55% per annum. The revised FD rates are effective from February 14, 2025.

Karnataka Bank FD interest rates

Karnataka Bank has revised FD interest rates on amounts below Rs 3 crore. The bank currently offers interest rates between 3.50% and 7.50% per annum for general citizens for tenures ranging from 7 days to 10 years. For senior citizens, the bank offers interest rates between 3.75% and 8% per annum for the same tenure.
The bank offers the highest interest rate of 7.50% per annum for a tenure of 401 days. A senior citizen can earn 8% per annum for a tenure of 401 days. The revised rates are applicable from February 18, 2025.

Shivalik Small Finance Bank FD interest rates

Shivalik Small Finance Bank has reduced its interest rates on fixed deposits (FD). According to its website, Shivalik Small Finance Bank now offers an interest rate ranging from 3.50% to 8.55% per annum on FDs for general citizens and from 4% to 9.05% per annum for senior citizens.

The general public can earn the highest interest rate of 8.55% per annum on a tenure of 12 months, 1 day and less than 18 months. A senior citizen can earn the highest interest rate of 9.05% per annum on the same tenure.

The revised rates are effective from February 18, 2025.

Also read: FD interest rate up to 9.3%: This bank revises interest rates on fixed deposits for these citizen

Ujjivan Small Finance Bank FD interest rates

Ujjivan Small Finance Bank has revised its fixed deposit interest rates for deposits less than Rs 3 crore. The small finance bank has also revised its savings account interest rates.

According to its website, Ujjivan Small Finance Bank now offers an interest rate ranging from 3.75% to 8.25% per annum on FDs for general citizens and from 4.25% to 8.75% per annum for senior citizens.

The bank is offering the highest interest rate of 8.25% per annum to the general public for a tenure of 18 months. Similarly, a senior citizen can earn 8.75% per annum for the same tenure.
Customers having savings accounts with the bank will earn interest rates between 3.25% and 7.50% per annum, depending on the savings account balances.
The revised interest rates are effective from February 21, 2025.

Also read: This bank revises FD rates; senior citizens can get up to 8.75% interest rate for longer tenure now

Suryoday Small Finance Bank FD interest rates

Suryoday Small Finance Bank has revised its fixed deposit (FD) interest rates for deposits less than Rs 3 crore. The revised interest rates are effective from February 1, 2025. According to its website, Suryoday Small Finance Bank now offers an interest rate ranging from 4% to 8.60% per annum on FDs for general citizens and from 4.50% to 9.10% per annum for senior citizens.

The bank is offering the highest FD interest rate of 8.60% per annum for a tenure of five years. A senior citizen can earn the highest FD interest rate of 9.10% per annum.

This story originally appeared on: India Times - Author:Faqs of Insurances