Highest FD interest rates for senior citizens in May 2026: PSU vs private vs small finance banks with their top fixed deposit schemes

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Senior citizens seeking stable income and market-risk-free returns often turn to fixed deposits. Banks commonly offer enhanced interest rates for senior citizens, along with benefits like premature withdrawal, loan options, and sweep-in facilities. This article explores the highest FD rates available from PSU, private, and small finance banks for this demographic.