Bank Changed FD Rates: Big news! These 5 Banks offering more than 9.10% interest rates on FD, Details here

FD Rates: In February 2025, the Reserve Bank of India (RBI) cut the repo rate by 25 basis points (BPS). After the repo rate cut, it came down from 6.50% to 6.25%. After this decision, some banks of the country have changed their fixed deposit (FD) interest rates

FD Rates: In February 2025, the Reserve Bank of India (RBI) cut the repo rate by 25 basis points (BPS). After the repo rate cut, it came down from 6.50% to 6.25%. After this decision, some banks in the country have changed their fixed deposit (FD) interest rates. However, some banks have retained interest rates up to 9.10% per annum for senior citizens. This month 5 banks have changed their FD interest rates. Let us know what are the new interest rates of these banks.

1. DCB Bank

DCB Bank has reduced its FD rates for some periods of FD. After the revision, the bank is now offering interest at the rate of 3.75% to 8.05% per annum.

• For general citizens: 8.05% (period of 19 to 20 months)
• For Senior Citizens: 8.55% (tenure of 19 to 20 months)
• New rates effective from: February 14, 2025

2. Karnataka Bank

Karnataka Bank has revised FD interest rates for tenures ranging from 7 days to 10 years.

• For general citizens: 3.50% to 7.50%
• For senior citizens: 3.75% to 8%
• Highest interest rate: 7.50% (for a period of 401 days)
• New rates effective from: February 18, 2025

3. Shivalik Small Finance Bank

• The bank has revised its FD interest rates.
• For general citizens: 3.50% to 8.55%
• For senior citizens: 4% to 9.05%
• Highest interest rate: 8.55% (for tenures ranging from 12 months, 1 day to less than 18 months)
• New rates effective from: February 18, 2025

4. Ujjivan Small Finance Bank

• Ujjivan Small Finance Bank has revised the interest rates on FD and savings account.
• For general citizens: 3.75% to 8.25%
• For senior citizens: 4.25% to 8.75%
• Highest interest rate: 8.25% (for a tenure of 18 months)
• New rates effective from: 21 February 2025

5. Suryoday Small Finance Bank

• Suryoday Bank has revised its FD interest rates.
• For general citizens: 4% to 8.60%
• For Senior Citizens: 4.50% to 9.10%
• Highest interest rate: 8.60% (for a period of 5 years)
• New rates effective from: February 1, 2025