Earn FD interest rate up to 9.50%: Which bank is offering the highest fixed deposit rates for senior citizens?
Banks offer higher interest rates to senior citizen customers on 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.
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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 rates for senior citizens
The bank offers interest rates between 4.50% to 9.50% on tenures ranging from 7 days to 10 years for amounts below Rs 3 crore. The highest interest rate of 9.50% is offered for tenure 1001 Days. The rates are effective from May 1, 2024.North East Small Finance Bank FD rates for senior citizens
The bank offers interest rates between 3.75% to 9.50% on tenures ranging from 7 days to 10 years for amounts below Rs 3 crore. The highest interest rate of 9.50% is offered for tenure 546 - 1111 Days. The rates are effective from June 7, 2024.9.75% FD interest rate: This bank hikes fixed deposit rates by up to 50 bps, now offers 'highest' FD rate in India
ICICI Bank FD rates for senior citizens 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 for tenure of 15 months to less than 2 years. The rates are effective from June 14, 2024.
Axis Bank FD interest rates FD rates for senior citizens
The bank offers interest rates between 3.50% to 7.85% on tenures ranging from 7 days to 10 years for amounts below Rs 3 crore. The highest interest rate of 7.85% is offered for tenure of 17 months to less than 18 months. The rates are effective from June 19, 2024.
Canara Bank FD interest rate FD rates for senior citizens
The bank offers interest rates between 4% to 7.75% on tenures ranging from 7 days to 10 years for amounts below Rs 3crore. The highest interest rate of 7.75% is offered for tenure of 444 days. The rates are effective from June 11, 2024.
PNB FD interest rates FD rates for senior citizens
The bank offers interest rates between 4% to 7.75% on tenures ranging from 7 days to 10 years for amounts below Rs 2 crore. The highest interest rate of 7.75% is offered for tenure of 400 days. The rates are effective from June 10, 2024.
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This story originally appeared on: India Times - Author:Faqs of Insurances
