How much interest can a senior citizen get on ₹10 lakh FD?

For a ₹10 lakh fixed deposit for senior citizens, the interest earned would depend on several factors:

1. The bank or financial institution where the FD is placed
2. The tenure of the deposit
3. Current interest rates (which vary by institution)
4. Any special senior citizen rates offered

Currently (as of April 2025), most banks offer preferential interest rates for senior citizens, typically 0.25% to 0.50% higher than regular rates.

Assuming a 7.25% interest rate (which is a reasonable approximation for senior citizen FD rates at major banks):

• For 1 year: Approximately ₹72,500
• For 3 years: Approximately ₹2,34,341 (with annual compounding)
• For 5 years: Approximately ₹4,19,799 (with annual compounding)

These are approximate figures. The actual interest would depend on the specific bank's rates and whether the interest is paid out monthly, quarterly, or compounded annually.

For the most accurate information, it is recommended to check with specific banks and NBFCs for their current senior citizen FD rates.