Top Lenders Offer Attractive Returns On Long-Term Deposits — Check Details

admin — Wed, 28 Jan 2026 12:55:00 +0000

Fixed deposits (FDs) are an important financial instrument used for saving and steady income. They are considered a safe option as they come with guaranteed returns and low risk. This makes them ideal for short-term investments and for investors who prefer certainty over high returns.

Their simple structure and fixed tenure make them suitable for people with limited time to track markets. This means that certain groups such as elderly investors can choose FDs for regular interest income and capital safety.

Many Indian banks also offer higher interest rates on fixed deposits for senior citizens compared with regular FDs, providing better returns and added financial security.

For five-year tenure FDs, many lenders are offering returns up to 8% p.a for senior citizens, making it an attractive option.

FDs By Top Banks

For instance, top lender State Bank of India (SBI) offers senior citizens 7.55% interest on fixed deposits, applicable for tenures ranging from five to 10 years. This rate is applicable for FDs under Rs 3 crore.

Similarly, HDFC Bank offers 6.65% interest on five-year-one-day and 10-year fixed deposits for senior citizens. Bank of Maharashtra (BoM) provides 5.50% returns on five-year-plus FDs for deposits under Rs 3 crore, according to the lender’s website.

For a similar tenure, Punjab National Bank (PNB) offers 6.80% interest on senior citizen fixed deposits. Suryoday Small Finance Bank provides 8% on five-year FDs for senior citizens, which is one of the highest rates across the sector. Meanwhile, Jana Small Finance Bank offers 7.55%, giving higher guaranteed returns over long-term deposits, data on their website shows.

ICICI Bank offers senior citizens two long-term FD options: 7% for five-year-one-day to ten-year FDs, and 7.1% for five-year tax saver FDs. Both options include the facility for premature withdrawal, according to the bank.

Axis Bank, Bank of Baroda (BOB) and Kotak Mahindra Bank also offer attractive long-term fixed deposit options for senior citizens. Axis Bank provides 7.2% interest for tenures between five and 10 years, while BOB offers 7% for the same period. Kotak Mahindra Bank gives 6.75% interest on five to 10-year FDs.

Check Detailed List Of FD Rates By Top Banks

BankInterest Rate (%)Tenure (Years)State Bank of India (SBI)7.555 – 10 yearsHDFC Bank6.655-year-one-day to 10 yearsBank of Maharashtra5.5over 5 yearsPunjab National Bank (PNB)6.8over 5 yearsSuryoday Small Finance Bank85 yearsJana Small Finance Bank7.55over 5 yearsICICI Bank75 years one day to 10 yearsCanara Bank6.755 years and above to 10 yearsAxis Bank7.25-10 yearsBank of Baroda75-10 yearsKotak Mahindra Bank6.755-10 yearsSOURCE: Respective bank websites; applicable of deposits under Rs 3 crore

ALSO READ: Old Tax Regime: When Should You Opt For It? Check Top Three Tax-Saving Mutual Funds For 2026

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Equity to passion assets – The Hindu

admin — Mon, 26 May 2025 00:27:00 +0000

Image used for representational purposes.
| Photo Credit: Getty Images/istockphoto

Investing in passion assets can be exciting, but it needs a large investment. Also, maintaining passion assets such as art and wine requires special care involving a huge cost. Here, we discuss how you should, if you want to, move investments to passion assets.

Reverse portability

Previously, we discussed portfolio portability. Specifically, we mentioned if you are a working executive with a skill set that can fetch a job across the world, investing in financial assets is optimal compared with physical assets such as gold and realty. To this, you can add passion assets, which are collectibles with investment value. Examples include art, antiques, wine and vintage cars. That said, investing in passion assets can be meaningful if you can efficiently shift possession each time you relocate, or if you are settled in current place of residence. When you move money from financial to physical assets, you are moving from more portable to less portable investments viz. reverse portability.

Shifting investments

You can enjoy the beauty of passion assets while you own them and earn returns when you sell them. But to be meaningful, how should you shift equity investments to passion assets? One, you must not move money from core portfolio earmarked for goals that have a time horizon of 10 years or less. On a conservative note, it is preferable to move money from your retirement portfolio and not from portfolios earmarked for intermediate goals. Two, consider moving realised gains and not the capital. At the extreme, you should not move more than 20% of your equity investments to passion assets. Finally, it is best to move the money from satellite rather than from the core portfolio.

Conclusion

Passion assets are illiquid and need long holding period to earn sizeable returns. It is best to “invest” in collectibles that are rare and unique. Importantly, price leverage works just as well in passion assets as it does for real estate.

That is, an investment of ₹50,000 can double to ₹1 lakh but an investment of ₹10 lakh cannot just as easily double to ₹20 lakh. Finally, remember passion assets are valuable when you have a themed collection; another collector may be willing to pay a good price to instantly possess a unique collection. For instance, a collection of paintings by a well-known artiste or a set of old Tanjore paintings.

(The author offers training programmes for individuals to manage their personal investments)

Published – May 26, 2025 05:57 am IST