{
  "id": 13337287,
  "title": "FD rate up to 8.25% for senior citizens",
  "url": "https://urgent.news/2026/10/10/fd-rate-up-to-8-25-for-senior-citizens",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-10T04:28:58.000Z",
  "source": {
    "name": "The Economic Times",
    "slug": "the-economic-times",
    "url": "https://economictimes.indiatimes.com/wealth/invest/fd-rate-up-to-8-25-for-senior-citizens-investing-for-five-years-know-the-list-of-banks/articleshow/134847231.cms"
  },
  "original_language": "en",
  "account": "The fixed deposit (FD) interest rate for senior citizens (aged 60 years and above) has reached 8.25% in a few banks, a notable increase. This rate is applicable for term deposits of up to five years and a maximum deposit amount of Rs 3 crore. Among the banks offering this rate are Suryoday Small Finance Bank and slice Small Finance Bank. However, it's important to note that while deposits in these banks are insured up to Rs 5 lakh by the Deposit Insurance Credit Guarantee Corporation (DICGC), potential investors should be aware of the unique business model of small finance banks, which might carry slightly different risks compared to scheduled commercial banks. To mitigate these risks, experts suggest that investors should limit their exposure to small finance bank FDs to an amount within the DICGC coverage.",
  "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."
}