Senior citizen FD interest rate 2024: Full list of fixed deposits offering up to 8.05% interest in 3 years for senior citizens
A senior citizen fixed deposit is a kind of investment designed especially for those sixty years of age and above. Depending on their financial objectives and needs, senior citizens can select an FD duration that ranges from a few months to several years.
Senior citizens looking to lock in higher returns on their savings might consider a three-year fixed deposit. Current interest rates on these deposits are attractive. It is important to note that if the Reserve Bank of India (RBI) decides to reduce interest rates, future FD rates may decrease.
Here is a list of banks offering high interest rates on three-year senior citizen fixed deposits. Senior citizens can get up to 8.05% interest in 3 years.
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