Gold investment17 min ago
Senior Citizen FD Rates May 2026: SBI, PNB, HDFC Bank, ICICI Bank, other major lenders pay these returns—Which banks pay up to 8.5%?
- Written by Ankit Kumar
Published: Zee Business| Updated: Zee Business
Senior citizen FD rates in May 2026 range from 7.00 per cent to 8.50 per cent, with PSU banks offering stability and small finance banks delivering higher returns. Fixed deposits remain a preferred low-risk option for steady income and capital protection amid inflation concerns. Public sector banks like State Bank of India and Punjab National Bank offer up to 7.10 per cent, while private lenders such as HDFC Bank, ICICI Bank and Axis Bank provide competitive rates. Small finance banks offer up to 8.50 per cent, but investors should assess risks and deposit limits before investing. Interest rates are based on data from respective bank websites as of May 2026 and are subject to change.
Disclaimer: This is not investment advice. Do your own due diligence or consult an expert for financial planning.
1/10
State Bank of India Senior Citizen FD Rates
1/10State Bank of India offers FD rates starting from 3.55 per cent for 7–45 days and going up to 7.05 per cent for 5–10 years. It remains the most trusted PSU bank due to government backing, making it ideal for long-term, low-risk investment.
2/10
Punjab National Bank Senior Citizen FD Rates
2/10Punjab National Bank provides FD rates from 3.50 per cent for 7–14 days up to 7.10 per cent for 444 days, making it one of the top PSU banks offering the highest safe returns.
3/10
ICICI Bank Senior Citizen FD Rates
3/10ICICI Bank offers 7.10 per cent for 3–5 years and around 7.00 per cent for 5–10 years, making it one of the best private banks for balanced returns and safety.
4/10
HDFC Bank Senior Citizen FD Rates
4/10HDFC Bank provides FD rates starting from 3.25 per cent (7–14 days) up to 7.00 per cent for 3 years, offering stability and strong service support.
5/10
Axis Bank Senior Citizen FD Rates
5/10Axis Bank offers FD rates from 3.50 per cent (short term) up to 7.20 per cent (5–10 years), making it one of the highest among large private banks.
6/10
Union Bank of India Senior Citizen FD Rates
6/10Union Bank of India offers FD rates starting near 3.50 per cent and going up to 7.10 per cent for 444 days, giving strong competition within PSU banks for mid-term deposits.
7/10
Canara Bank Senior Citizen FD Rates
7/10Canara Bank offers FD rates between 3.25–3.50 per cent for short tenures and up to 7.10 per cent for 555 days, making it suitable for those looking for slightly longer mid-term investment.
8/10
Bank of Baroda Senior Citizen FD Rates
8/10Bank of Baroda provides FD rates up to 7.00 per cent for deposits above five years up to 10 years, making it a good option for long-term income planning.
9/10
Bank of India Senior Citizen FD Rates
9/10Bank of India offers FD rates starting from 3.00 per cent for 7–14 days and going up to 7.10 per cent for 450 days, offering a mix of liquidity and returns.
10/10
ESAF Small Finance Bank Senior Citizen FD Rates
10/10ESAF Small Finance Bank offers the highest FD rate of 8.50 per cent for 501 days, making it the top choice for maximum returns.
- 1
- 2
- 3
- 4
- 5
- 6