FD Interest Rates March 2026: In recent times, there has been a change in the interest rates of fixed deposits (FD) in the banking sector. Many banks have updated their FD rates in March 2026. After the new changes, some banks are offering returns of more than 8 percent to senior citizens.
Banks that have revised their FD rates include HDFC Bank, Yes Bank, Bandhan Bank and Suryoday Small Finance Bank. These new rates have been implemented on FDs of different tenures. Let us know about this…
HDFC Bank’s new interest rates
HDFC Bank has changed the interest rate for a fixed deposit of less than Rs 3 crore. According to the bank’s website, the new rates have been implemented from March 6, 2026. According to the new interest rates, general customers are now getting interest ranging from 2.75 percent to 6.50 percent.
Whereas for senior citizens the interest rate has been fixed between 3.25 percent to 7 percent.
Yes Bank changed FD rates
Yes Bank has also updated the interest rates for fixed deposits of less than Rs 3 crore. The new rates of the bank have come into effect from March 5, 2026. After the change, the interest rate for general customers has been kept between 3.25 percent to 7 percent.
Whereas senior citizens can get returns ranging from 3.75 percent to 7.75 percent. According to the bank, the highest interest is being given on FDs with tenure ranging from 36 months to less than 60 months.
Bandhan Bank also changed FD rate
Bandhan Bank has also decided to change the interest rates on FDs of less than Rs 3 crore. The new interest rates of the bank have been implemented from March 5, 2026. Normal customers are being given the benefit of interest rates ranging from 2.95 percent to 7.25 percent, while senior citizens are being given the benefit of interest rates ranging from 3.70 percent to 7.75 percent.
Suryoday Small Finance Bank
Suryoday Small Finance Bank has also revised the interest rates for fixed deposits of less than Rs 3 crore. The new rates of the bank have come into effect from 6 March 2026. After the change, general customers can get maximum interest up to 7.90 percent on 5 year FD.
At the same time, senior citizens are being given returns of up to 8.10 percent on FD of the same period.
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