SBI 1-year FD vs HDFC Bank 1-year FD vs Canara Bank 1-year FD: Senior citizens who want to invest for the short term can opt for 1-year fixed deposit schemes (FDs). State Bank of India (SBI), HDFC Bank, and Canara Bank offer the 1-year FD to general as well as senior citizens. Know which of them is offering the highest interest rate.