Senior Citizen Bank FD Scheme : People are multiplying their income by investing their savings wisely. Fixed Deposits (FDs) have proven to be one of the most reliable and secure investment options, offering guaranteed returns without any risk.
Many banks are currently offering different interest rates (high-interest-rate FDs) on FDs of various tenures for both regular and senior citizens. At present, senior citizens have the opportunity to earn up to ₹26,000 in interest by investing ₹1 lakh in a particular bank’s FD. Let’s find out which banks are offering these attractive returns.
Bank of Baroda FD
Bank of Baroda (BOB FD interest rates for senior citizens) is currently offering an impressive 7.75% interest rate on a 3-year FD for senior citizens. Among public sector banks, BOB is providing one of the highest FD interest rates for seniors. If a senior citizen invests ₹1 lakh in this 3-year FD, the maturity amount will be approximately ₹1.26 lakh.
HDFC and PNB FD Interest Rates
HDFC Bank, ICICI Bank, and Punjab National Bank (PNB FD interest rates) are offering 7.50% interest on 3-year FDs. With this rate, an investment of ₹1 lakh will grow to around ₹1.25 lakh after three years. These attractive rates are drawing a lot of attention from investors.
Axis Bank FD Interest Rates
Axis Bank is offering senior citizens (Axis Bank FD interest rates) 7.60% interest on 3-year FDs. With this rate, an investment of ₹1 lakh will grow to over ₹1.25 lakh at maturity.
Canara Bank FD Benefits
Canara Bank (Canara Bank FD interest rates) is providing 7.30% interest on 3-year FDs for senior citizens. Based on this rate, an investment of ₹1 lakh will grow to approximately ₹1.24 lakh at maturity.
SBI FD Interest Rates
India’s largest public sector bank, the State Bank of India (SBI 3-year FD interest rates), offers senior citizens 7.25% interest on 3-year FDs. Under this plan, a ₹1 lakh investment will earn ₹24,000 in interest, resulting in a maturity amount of around ₹1.24 lakh.
Union Bank of India and Bank of India FDs
Union Bank of India and Bank of India (Bank of India FD interest rates) are currently offering up to 7% interest on 3-year FDs. If a senior citizen invests ₹1 lakh, the maturity amount will be around ₹1.23 lakh after three years.
Indian Bank FD Interest Rates
If a senior citizen invests ₹1 lakh in a 3-year FD with Indian Bank (Indian Bank FD for senior citizens), they will receive an interest rate of 6.75%. This means the investment will grow to approximately ₹1.22 lakh at maturity.
Conclusion
These FD schemes across major Indian banks offer senior citizens a safe and stable investment option with guaranteed returns. Depending on the bank chosen, a ₹1 lakh investment can yield returns ranging from ₹1.22 lakh to ₹1.26 lakh in just three years—making FDs one of the best low-risk investment choices in 2025.
