{
  "id": 12634435,
  "title": "Highest 3, 5-year senior citizen interest rates",
  "url": "https://urgent.news/2026/10/07/highest-3-5-year-senior-citizen-interest-rates",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-07T12:31:22.000Z",
  "source": {
    "name": "The Economic Times",
    "slug": "the-economic-times",
    "url": "https://economictimes.indiatimes.com/wealth/invest/highest-senior-citizen-fd-interest-rates-after-rbi-repo-rate-hike-public-vs-private-vs-small-finance-bank-rates-of-3-and-5-year-fixed-deposits/articleshow/134766145.cms"
  },
  "original_language": "en",
  "account": "On October 7, the Reserve Bank of India raised its repo rate from 5.25% to 5.50%, prompting banks to consider raising their fixed deposit interest rates for senior citizens. Adhil Shetty, CEO of Bankbazaar, noted that banks' response times vary, with some adjusting within days and others taking weeks. Here are the top interest rates offered to senior citizens on 3-year and 5-year fixed deposits at major banks.\n\nPublic sector banks lead the pack, with Bank of India offering a remarkable 7.45% for 3-year FDs, followed by Punjab National Bank and State Bank of India at 6.80%. Canara Bank and Bank of Baroda provide 6.75% for the same term. For the 5-year FDs, State Bank of India again leads with 7.05%, with Bank of Baroda at 6.90% and Punjab National Bank at 6.85%. Canara Bank and Indian Overseas Bank follow at 6.75% and 6.60% respectively.\n\nPrivate sector banks are not far behind, with Bandhan Bank, IndusInd Bank, and YES Bank offering 7.75% for 3-year FDs. RBL Bank is slightly lower at 7.70%, while SBM Bank India offers 7.60%. For 5-year FDs, DCB Bank stands out with the highest rate of 8.00%, followed by Axis Bank and Jammu & Kashmir Bank at 7.25%, IndusInd Bank at 7.15%, and ICICI Bank at 7.10%.\n\nSmall finance banks also provide competitive rates, with Jana Small Finance Bank leading the way at 8.30% for 3-year FDs, closely followed by Suryoday Small Finance Bank at 8.50%. Utkarsh Small Finance Bank, Jana Small Finance Bank, and Shivalik Small Finance Bank offer 8.00%, 8.00%, and 7.75% respectively for the 3-year term. AU Small Finance Bank and slice Small Finance Bank provide 7.25% for 3-year FDs, while Suryoday Small Finance Bank, Jana Small Finance Bank, and AU Small Finance Bank offer 7.25% for the 5-year term.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}