utkarsh small finance bank: Highest FD rates for senior citizens 2025: Depositors can get up to 8.15% interest rate in this 3-year fixed deposit

Group 1: Monetary Policy and Interest Rates - The Reserve Bank of India (RBI) decided to keep the repo rate unchanged at 5.5% during its October 1, 2025 Monetary Policy Committee meeting, following a total reduction of 100 basis points (bps) this year [1][11] - Banks and small finance banks may still lower interest rates on fixed deposits (FDs) as the transition from previous repo rate cuts is ongoing [1][11] Group 2: Fixed Deposit Rates for Senior Citizens - Utkarsh Small Finance Bank is offering an 8.15% interest rate on its three-year FD for senior citizens [11] - Slice Small Finance Bank provides a 7.75% interest rate on FDs with a tenure of 18 months and 1 day to 3 years for senior citizens [11] - Jana Small Finance Bank offers an 8% interest rate on its 2-3 year FDs for senior citizens [11] - Shivalik Small Finance Bank is providing a 7.50% interest rate on its three-year FD tenure for senior citizens [11] Group 3: Fixed Deposit Rates Across Different Banks - The highest FD rates among small finance banks include 8.4% from Suryoday Small Finance Bank for a 5-year tenure and 8.1% from ESAF Small Finance Bank for a 444-day tenure [7][8] - Private sector banks offer varying FD rates, with Axis Bank at 7.10%, Bandhan Bank at 7.50%, and YES Bank at 7.75% for a 3-year tenure [9] - Public sector banks have FD rates ranging from 6.50% at Punjab & Sind Bank to 7.10% at Union Bank of India for a 3-year tenure [10][11]