Fixed Deposit (FD) has always been a safe and reliable investment option for Indian investors, especially among senior citizens. FD is an option between the market uncertainty and stock market fluctuations where capital is safe and fixed returns are also available with fixed interest rates. In March 2025, many banks have 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 fixed for their customers, what additional benefits will be given to senior citizens and what is important to take care of before investing in these FDs.
🔶 DCB Bank’s new FD interest rates
DCB Bank has amended its FD interest rates and this change can prove beneficial for ordinary citizens as well as senior citizens.
Special thing: Senior citizens get an additional 0.50% interest profit, which makes their savings stronger.
🔷 Punjab & Sindh Bank’s new FD rates
Punjab and Sindh Bank have also made changes in their FD interest rates. This bank is a major public sector bank that provides safe and strong options to investors.
It is worth noting: This bank also provides the facility of callable FD (Call-bow FD) i.e. the bank can eliminate your FD before maturity under certain conditions.
🟡 AU Small Finance Bank FD interest rates
AU Small Finance Bank has made its FD plans more attractive. This bank guarantees good returns to ordinary citizens as well as senior citizens.
Special feature: AU Bank is known for its digital banking platform and fast service, which makes FD open.
✅ Special benefits for senior citizens
In India, people above 60 years of age are given additional interest rate on FD, which gives them better returns, protecting them from the uncertainty of the market. In many banks this additional interest rate is up to 0.50%. For example:
Senior citizens are advised to properly evaluate aspects such as interest rate, lock-in period, tax deduction (TDS), and liquidity before FD.
🔍 Fautable things when choosing FD
Compare the interest rate: 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 more than ₹ 40,000 (₹ 50,000 for senior citizens) then TDS deducts.
Choose the term of FD thoughtfully: Interest rates often change according to the time period, so choose the term according to your requirement.
Do nomination: In any casual situation, the nominee has the facility in getting the money.
Auto-renewal and time renewal: The interest rate on maturity can change, so renew your FD in time or withdraw money.
📊 conclusion
These changes in interest rates on fixed deposits in March 2025 are an important indication for investors that there are still safe options for stable returns in the market. While the stock market is unstable, FD provides stability and certainty to investors.
