Senior citizens who are interested in investing in FDs should now make the most of the high-interest rate of FDs prevailing in the market.
Here's a list of highest FD interest rate for senior citizens in three years offered by various banks:
DCB Bank offers an interest rate of 8.1% on FDs maturing between 26 months and less than 37 months to senior citizens.
RBL Bank offers an interest rate of 8% on its FDs maturing between 24 months one day and 36 months to senior citizens.
Private sector lender YES Bank is also offering an interest rate of 8% on senior citizen FDs maturing between 36 months and less than 60 months.
An interest rate of 7.75% is being offered by Bandhan Bank to senior citizens for FDs maturing between three years and less than five years.
Bank of Baroda offers an interest rate of 7.75% on senior citizen FDs maturing between more than two years and up to three years.
IDFC Bank offers an interest rate of 7.75% on senior citizen FDs maturing between two years one day and three years.
IndusInd Bank offers an interest rate of 7.75% on senior citizen FDs maturing between two years 9 months and three years three months.