Senior citizen FD rates in July 2026: Highest returns from 13 banks offering up to 8.30%

Senior citizens looking for higher returns on fixed deposits (FDs) in July 2026 can earn up to 8.30% interest across select banks, according to rates compiled from bank websites as of July 2, 2026.

Small Finance Banks such as Jana Small Finance Bank, Ujjivan Small Finance Bank, Unity Small Finance Bank, and Shivalik Small Finance Bank are offering some of the most competitive rates in the market, with select schemes crossing the 8% mark comfortably.

Meanwhile, banks like IDFC FIRST Bank and YES Bank are offering rates in the mid-to-high 7% range for medium-term deposits.

Public sector banks such as Bank of Baroda and Punjab National Bank continue to offer relatively lower rates, although certain special tenure schemes still provide marginally better returns compared to regular FDs.

Senior Citizen FD Rates (July 2026) – 13 Banks

Based on a comparison of 13 banks with deposit sizes below ₹3 crore, small finance banks continue to dominate the high-yield segment, while private and PSU banks offer relatively lower but stable returns.

FD rates in July 2026 remain steady after the RBI June MPC kept policy rates unchanged, with banks continuing to offer existing deposit rates across tenures.