look news india
New Delhi/Business Desk: If you want to get strong returns with safe investment of your hard-earned money, then this news is for you only. In view of the review of repo rate by Reserve Bank of India (RBI) and market conditions, 6 big banks of the country have made major changes in the interest rates of their fixed deposits (FD). Names like giants HDFC Bank and Yes Bank are included in this list. The new rates are effective from March 2026, with special benefits for senior citizens and a steep increase in interest rates on select tenures.
HDFC Bank: Increased profit on FD of more than 3 years
HDFC, the country’s largest private sector bank, has implemented its new interest rates from March 6, 2026. The bank has increased the interest rate on FDs of 3 years 1 day to 4 years 7 months by 10 basis points (0.10%).
General Customers: Interest ranging from 2.75% to 6.50%.
Senior Citizen: Huge profits from 3.25% to 7.00%.
The bank has also made partial reduction in rates for some special periods, so before investing, please check the period chosen by you.
Yes Bank: Highest returns on deposits of 36 to 60 months
Yes Bank has also introduced new rates for FDs less than ₹3 crore from March 5, 2026. The bank is currently attracting long-term investors.
General Customers: Interest ranging from 3.25% to 7.00%.
Senior Citizen: Interest ranging from 3.75% to 7.75%.
Those customers who are investing money for 36 months to 60 months (3 to 5 years) are getting the maximum benefit in Yes Bank.
Bandhan and Indian Bank: Getting more interest in special scheme
Bandhan Bank has also updated its rates from March 6, where general customers are now getting a maximum interest of 7.25% and senior citizens are getting up to 7.75%. At the same time, public sector Indian Bank has made its ‘300 days special FD’ scheme even more attractive. In this special scheme, annual interest of up to 7.50% is being offered to general customers and 7.55% to senior citizens. This option of Indian Bank is great for those looking for better returns in a short period of time.
‘Rain of interest’ in small finance banks
If you can take a little more risk than big commercial banks, then Small Finance Banks are giving you the highest returns.
Suryoday Small Finance Bank: This bank offers 7.90% on 5 year FD to general customers and 7.90% to senior citizens. 8.10% Is giving record interest upto Rs.
Equitas Small Finance Bank: Here senior citizens can get interest up to 8.00%, while for general customers the rates have been fixed between 3.50% to 7.40%.
Useful thing for investors
Experts believe that currently FD rates are close to their highest level. In such a situation, locking funds for a long period can be a wise decision. Almost all banks have ensured additional interest of up to 0.50% for senior citizens, which strengthens their post-retirement income.