Union Bank of India, DCB Bank, and Indian Bank have revised their fixed deposit rates from August 4, 2026, offering higher returns for both regular and senior citizen customers amid heightened competition for savings.
Union Bank of India, DCB Bank and Indian Bank have each updated their fixed deposit rates from August 4, 2026, sharpening the competition for savers looking for better returns on short- and medium-term deposits. Business Today reported that the new tables now span roughly 2.70% to 7.50% for general customers, with senior citizens and older savers getting higher payouts on selected tenures.
Union Bank has set its general-customer rates between 2.70% and 6.55% for deposits ranging from 7 days to 10 years, according to the revised schedule. The bank’s highest rate, 6.55%, is available on the 555-day tenure, while 444 days fetches 6.50% and 400 days to 443 days 6.25%. DCB Bank, meanwhile, has lifted its general rates to a range of 3.75% to 7.50%, with the top rate available on deposits of 24 months to less than 25 months, 34 months to less than 35 months and 60 months to 61 months.
Indian Bank has also changed its deposit pricing from August 4, 2026, with general rates of 2.80% to 6.60% across regular and special fixed deposits. Its IND GROW 555-day scheme now offers 6.65% to the public, while IND Prosper 777 days pays 6.60%. For older savers, the yield is higher: DCB Bank offers up to 8.00% for customers aged 60 to below 70 and 8.05% for those 70 and above on selected tenures, while Indian Bank’s special deposits pay up to 7.40% for super senior citizens.
Disclaimer: This article is intended to inform and educate, not to recommend or endorse any financial product, investment or strategy. Please consider your own financial circumstances and seek professional advice where appropriate before making financial decisions.
