These banks will make you 'chic', giving a thick return of 8.5% on fixed deposits

Fixed deposit (FD) has always been a secure and reliable investment option for Indian investors, especially among senior citizens. FD is an option between the market uncertainty and fluctuations of the stock market where capital is safe and fixed returns are also available with fixed interest rates. In March 2025, many banks made changes in their FD interest rates, including DCB Bank, Punjab & Sindh Bank and Au Small Finance Bank. In this article we will tell you how much interest these banks have corrected for their clients, what additional benefits will give senior citizens and what is important to care for before investing in these FDS. 🔶 DCB Bank’s new FD interest rates DCB Bank has changed its FD interest rates and this change can be beneficial to ordinary citizens as well as senior citizens. For ordinary citizens: Period: Interest rate from 7 days to 10 years: maximum interest rate from 3.75%to 8%: 8%, which applies to FDS from 15 months to 16 months. For senior citizens: Interest rate: 4.25% to 8.5% Maximum interest rate: 8.5%, on the same period (15 to 16 months). Special thing: Senior citizens get an additional 0.50% of interest, which makes their savings stronger. 🔷 Punjab and Sindh Bank’s new FD tariff Punjab and Sindh Bank have also made changes in their FD interest rates. This bank is an important bank in the public sector that offers investors safe and strong options. For ordinary citizens: Period: Interest rate from 7 days to 10 years: 4% to 7.45% highest interest rate: 7.45%, which is available at 555 days FD. For Senior Citizens: Interest Rate: Interest to 7.95% on FDS from 4% to 7.95% from 7.95%: This bank also offers the facility of Callable FD (Call-Bowl FD), ie the bank can eliminate your FD before the expiration date under certain conditions. 🟡 Au Small Finance Bank’s FD interest rates Au Small Finance Bank made its FD plans more attractive. This bank guarantees good returns to ordinary citizens as well as senior citizens. For ordinary citizens: expensive: interest rate from 7 days to 10 years: highest rate from 3.75%to 8%: 8%, which is available at 18 months FD. For senior citizens: Interest rate: 8.5% interest on an 18 -month FD FD from 4.25% to 8.50%: AU Bank, AU Bank, is known for its digital banking platform and fast service, which opens FD. ✅ Special benefits for senior citizens get extra interest rate on FDS to people older than 60 years in India, giving them better returns, which protects them from the market uncertainty. In many banks, this additional interest rate is up to 0.50%. For example: DCB Bank: 8.5% AU Small Finance Bank: 8.5% Punjab & Sindh Bank: 7.95% Senior citizens are advised to properly evaluate aspects such as interest rate, locking period, tax deduction (TDS) and liquidity before the FD. 🔍 If you choose an FD, compare the interest rate that is remarkable: Each bank has different interest rates, so compare the rates of all major banks before investing. Keep tax information: Interest on FD is taxable. If the interest is over £ 40,000 (£ 50,000 for senior citizens), TDS subtracts. Choose the term of FD thoughtful: Interest rates often change according to the period, so choose the term according to your requirement. Do nomination: In any casual situation, the nominee has the facility to get money. Auto renewal and time renewal: The interest rate on adulthood can change, so renew your FD in time or withdraw money. 📊 Conclusions The changes in fixed deposits in March 2025 are an important indication for investors that there are still safe options for stable market returns. Although the stock market is unstable, FD provides stability and security to investors.