FD Interest Rates Up to 9.10%: 6 Banks Revise Rates in February 2025

Six banks have changed their fixed deposit (FD) rates in February 2025, with senior citizens being offered up to 9.10%. Some of the key changes are City Union Bank's 8% for senior citizens on deposits of 333 days, Karnataka Bank's 8% for 401 days, and Suryoday Small Finance Bank providing a top rate of 9.10% for senior citizens for deposits of 5 years. Other lenders that cut rates are Shivalik Small Finance Bank, Ujjivan Small Finance Bank, and DCB Bank. These cuts follow the RBI's recent repo rate reduction, affecting FD rates across the banking sector.

 

Source: Economic Times