New Delhi, Oct. 22 -- Fixed deposit (FD) interest rates: Before opening a fixed deposit, it is advisable to first compare the interest rates offered by different banks. Typically, banks offer relatively higher interest on long tenor deposits than short tenors.

Additionally, almost all banks give somewhat higher interest to depositors who are senior citizens (above the age of 60) than to regular investors. Let us find out the interest rates offered by different banks (state and private) on their term deposits across tenors.

HDFC Bank: This bank offers 7.10% to senior citizens on an FD of 18 months to 21 months tenor. and 6.6% to general citizens. These rates came into force on 25 June 2025.

ICICI Bank: This bank offers 7.10% on its fixe...