Earn FD interest rate up to 9.50%: Which bank is offering the highest fixed deposit rates for senior citizens?
fixed deposits compared to the rates offered to general citizens. The higher interest rates vary from 0.50% to 0.75% depending on the bank. Some big banks such as SBI offer special fixed deposits with higher interest rates for senior citizens for a restricted period.
Here are banks offering the best FD rates for senior citizens.
HDFC Bank FD rates for senior citizens
The bank offers interest rates between 3.50% to 7.75% on tenures ranging from 7 days to 10 years for amounts below Rs 3 crore. The highest interest rate of 7.75% is offered on tenure of 18 months to less than 21 months. The rates are effective from June 19, 2024.
Bandhan Bank FD rates for senior citizens
The bank offers interest rates between 3.75% to 8.35% on tenures ranging from 7 days to 10 years for amounts below Rs 3 crore. The highest interest rate of 8.35% is offered for tenure of 1 year. The rates are effective from June 15, 2024.
IndusInd Bank FD rates for senior citizens
The bank offers interest rates between 4% to 8.25% on tenures ranging from 7 days to 10 years for amounts below Rs 3 crore. The highest interest rate of 8.25% is offered for tenure of 1 year to up to 2 years. The rates are effective from May 27, 2024.
Utkarsh Small Finance Bank FD rates for senior citizens
The bank offers interest rates between 4.60% to 9.10% on tenures ranging from 7 days to 10 years for amounts below Rs 3 crore. The highest interest rate of 9.10% is offered for tenure 1500 Days. The rates are effective from June 7, 2024.
Unity Small Finance Bank FD
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