Special senior citizen FD interest rates comparison: ICICI Bank vs SBI vs HDFC Bank

economictimes.indiatimes.com:

Here is a comparison of special FD rates of SBI, HDFC Bank, and ICICI Bank and let us see which bank is offering the maximum interest rate on these special FDs and what is the last date to invest in them.SBI WeCare FD interest rate The bank provides an additional premium of 50 basis points (bps) over the card rate for the general public, for a total premium of 100 basis points over the card rate for the general public. SBI Wecare offers a 7.50% interest rate. The eligible tenure under the scheme is minimum 5 years to maximum of 10 years. The scheme is available on fresh deposit and renewal of maturing deposits.

Latest senior citizen bank fixed deposit (FD) interest rates in India for 2023

The last date to invest under the scheme is September 30, 2023. SBI offers interest rate between 3.50% to 7.60% (including Amrit Kalash) for senior citizens.HDFC Bank senior Citizen Care FD interest rate The initiative provides an additional 0.25 percent interest rate to senior citizens. The premium is in addition to the 0.50 percent already offered to senior investors on FD accounts. As a result, investors in the Senior Citizen Care FD program earn 0.75% more than standard clients. Interest rate offered in special senior citizen care FD is 7.75% on tenure ranging between 5 years one day to 10 years. The last date to invest in senior Citizen Care FD is November 7, 2023. HDFC Bank offers interest rate between 3.50% to 7.75% for senior citizens.ICICI Bank Golden years FD ICICI Bank offers an additional FD interest rate 0.10% over and above the existing additional rate of 0.50% per annum for resident senior citizens. The scheme has no end date, and the scheme is applicable from May 20, 2020. The minimum tenure is 5