Several banks have revised their fixed deposit (FD) interest rates in the past week, offering returns up to 7.95% for senior citizens. With the latest changes coming into effect from April 16, 2025, investors now have many options to consider when locking in their savings. Here’s a look at the revised FD rates from AU Small Finance Bank, IDFC FIRST Bank, and Bank of Maharashtra.
Latest AU Small Finance Bank FD interest rates
Following the revision, AU Small Finance Bank now offers interest rates between 3.75% and 7.75% on FD amounts less than Rs 3 crore for general citizens for tenures ranging from 7 days to 10 years. For senior citizens, the bank offers interest rates between 4.25% and 8.05%. The highest interest rate of 7.75% and 8.05% (senior citizens) is offered on a tenure of 18 months. The new rates are applicable from April 16, 2025.
Also read: Highest savings account interest rate: Comparison of ICICI Bank vs HDFC Bank vs Axis Bank vs YES Bank
| Tenure Bucket | Interest Rates |
| 7 Days to 1 Month 15 Days | 3.75% |
| 1 Month 16 Days to 3 Months | 5.50% |
| 3 Months 1 Day to 6 Months | 5.75% |
| 6 Months 1 Day to 12 Months | 7.00% |
| 12 Months 1 Day to 15 Months | 7.60% |
| 15 Months 1 Day to less than 18 Months | 7.40% |
| 18 Months | 7.75% |
| 18 Months 1 Day to 24 Months | 7.50% |
| 24 Months 1 Day to 36 Months | 7.50% |
| 36 Months 1 Day to 45 Months | 7.50% |
| 45 Months 1 Day to less than 60 Months | 7.25% |
| 60 Months to 120 Months | 7.25% |
Senior citizens FD interest rates
| Tenure Bucket | Interest Rates |
| 7 Days to 1 Month 15 Days | 4.25% |
| 1 Month 16 Days to 3 Months | 6.00% |
| 3 Months 1 Day to 6 Months | 6.25% |
| 6 Months 1 Day to 12 Months | 7.50% |
| 12 Months 1 Day to 15 Months | 8.10% |
| 15 Months 1 Day to less than 18 Months | 7.90% |
| 18 Months | 8.25% |
| 18 Months 1 Day to 24 Months | 8.00% |
| 24 Months 1 Day to 36 Months | 8.00% |
| 36 Months 1 Day to 45 Months | 8.00% |
| 45 Months 1 Day to less than 60 Months | 7.75% |
| 60 Months to 120 Months | 7.75% |
Latest IDFC FIRST Bank FD interest rates
Following the revision, IDFC FIRST Bank now offers interest rates between 3% and 7.50% on FD amounts less than Rs 3 crore for general citizens for tenures ranging from 7 days to10 years. For senior citizens, the bank offers interest rates between 3.5% and 8%.Also read: Yes Bank tweaks FD rates again: Highest FD rate slashed to 7.50%, FD rates hiked by 25 bps on select tenures The highest interest rate of 7.5% and 8 % (senior citizens) is offered on a tenure of 400 days to 500 days. The new rates are applicable from April 16, 2025.
| Period | Rate of Interest (% p.a.) w.e.f. 16th April 2025 | |
| Less than INR 3 Crores | ||
| 7 – 14 days | 3.00% | |
| 15 – 29 days | 3.00% | |
| 30 – 45 days | 3.00% | |
| 46 – 90 days | 4.50% | |
| 91 – 180 days | 4.50% | |
| 181 days – less than 1 Year | 5.75% | |
| 1 year | 6.50% | |
| 1 year 1 day – 370 days | 7.00% | |
| 371 days to 399 days | 7.25% | |
| 400 days to 500 days | 7.50% | |
| 501 days –2 years | 7.00% | |
| 2 years 1 day 3 years | 6.50% | |
| 3 years 1 day 5 years | 6.25% | |
| 5 years 1 day 10 years | 6.25% | |
Latest Bank of Maharashtra FD interest rates
Following the revision, Bank of Maharashtra now offers interest rates between 2.75% and 7.45% (on special fixed deposit of 366 days) on FD amounts less than Rs 3 crore for general citizens for tenures ranging from 7 days to 10 years. For senior citizens, the bank offers an interest rate between 3.25% and 7.95%. The new rates are applicable from April 16, 2025. Source Link
