FD rates rise in November, senior citizens can earn up to 8.60%

Several Indian banks have revised fixed deposit rates in November 2026, with senior citizens now able to earn up to 8.60% on select tenures. Suryoday Small Finance Bank leads at 8.60%, followed by Utkarsh at 8.50%, while HDFC Bank, ICICI Bank and PNB offer around 7.10–7.20%. Depositors should weigh DICGC's ₹5 lakh insurance cover and spread funds across banks.