Special FD rates in August 2026: DCB Bank, Indian Bank, Federal Bank and Union Bank offer higher returns

Several banks have revised their fixed deposit (FD) rates in August 2026, with special-tenure deposits offering investors attractive returns for specific investment periods. DCB Bank leads the listed lenders with rates of up to 7.50% for general customers and 8.05% for senior citizens, while Indian Bank, Federal Bank and Union Bank also offer special FD options.