FD interest rates up to 7.95%: These banks have revised FD interest rates last week Senior citizens can now earn up to 7.95% on their FDs
Several banks have revised their fixed deposit (FD) interest rates in the past week, offering returns up to 7.95% for senior citizens. With the latest changes coming into effect from April 16, 2025, investors now have many options to consider when locking in their savings. Here’s a look at the revised FD rates from AU Small Finance Bank, IDFC FIRST Bank, and Bank of Maharashtra.Income Tax Guide
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Latest AU Small Finance Bank FD interest rates
Following the revision, AU Small Finance Bank now offers interest rates between 3.75% and 7.75% on FD amounts less than Rs 3 crore for general citizens for tenures ranging from 7 days to 10 years. For senior citizens, the bank offers interest rates between 4.25% and 8.05%. The highest interest rate of 7.75% and 8.05% (senior citizens) is offered on a tenure of 18 months. The new rates are applicable from April 16, 2025.Also read: Highest savings account interest rate: Comparison of ICICI Bank vs HDFC Bank vs Axis Bank vs YES Bank
| Tenure Bucket | Interest Rates |
| 7 Days to 1 Month 15 Days | 3.75% |
| 1 Month 16 Days to 3 Months | 5.50% |
| 3 Months 1 Day to 6 Months | 5.75% |
| 6 Months 1 Day to 12 Months | 7.00% |
| 12 Months 1 Day to 15 Months | 7.60% |
| 15 Months 1 Day to less than 18 Months | 7.40% |
| 18 Months | 7.75% |
| 18 Months 1 Day to 24 Months | 7.50% |
| 24 Months 1 Day to 36 Months | 7.50% |
| 36 Months 1 Day to 45 Months | 7.50% |
| 45 Months 1 Day to less than 60 Months | 7.25% |
| 60 Months to 120 Months | 7.25% |
Senior citizens FD interest rates
| Tenure Bucket | Interest Rates |
| 7 Days to 1 Month 15 Days | 4.25% |
| 1 Month 16 Days to 3 Months | 6.00% |
| 3 Months 1 Day to 6 Months | 6.25% |
| 6 Months 1 Day to 12 Months | 7.50% |
| 12 Months 1 Day to 15 Months | 8.10% |
| 15 Months 1 Day to less than 18 Months | 7.90% |
| 18 Months | 8.25% |
| 18 Months 1 Day to 24 Months | 8.00% |
| 24 Months 1 Day to 36 Months | 8.00% |
| 36 Months 1 Day to 45 Months | 8.00% |
| 45 Months 1 Day to less than 60 Months | 7.75% |
| 60 Months to 120 Months | 7.75% |
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Latest IDFC FIRST Bank FD interest rates
Following the revision, IDFC FIRST Bank now offers interest rates between 3% and 7.50% on FD amounts less than Rs 3 crore for general citizens for tenures ranging from 7 days to10 years. For senior citizens, the bank offers interest rates between 3.5% and 8%.Also read: Yes Bank tweaks FD rates again: Highest FD rate slashed to 7.50%, FD rates hiked by 25 bps on select tenures
The highest interest rate of 7.5% and 8 % (senior citizens) is offered on a tenure of 400 days to 500 days. The new rates are applicable from April 16, 2025.
| Period | Rate of Interest (% p.a.) w.e.f. 16th April 2025 | |
| Less than INR 3 Crores | ||
| 7 – 14 days | 3.00% | |
| 15 – 29 days | 3.00% | |
| 30 – 45 days | 3.00% | |
| 46 – 90 days | 4.50% | |
| 91 – 180 days | 4.50% | |
| 181 days – less than 1 Year | 5.75% | |
| 1 year | 6.50% | |
| 1 year 1 day – 370 days | 7.00% | |
| 371 days to 399 days | 7.25% | |
| 400 days to 500 days | 7.50% | |
| 501 days –2 years | 7.00% | |
| 2 years 1 day 3 years | 6.50% | |
| 3 years 1 day 5 years | 6.25% | |
| 5 years 1 day 10 years | 6.25% | |
Latest Bank of Maharashtra FD interest rates
Following the revision, Bank of Maharashtra now offers interest rates between 2.75% and 7.45% (on special fixed deposit of 366 days) on FD amounts less than Rs 3 crore for general citizens for tenures ranging from 7 days to 10 years. For senior citizens, the bank offers an interest rate between 3.25% and 7.95%. The new rates are applicable from April 16, 2025.This story originally appeared on: India Times - Author:Faqs of Insurances
