Higher interest on FD: The monetary policy review of the Reserve Bank is coming next month. Only then will it be known whether the interest on FD of banks will increase or decrease. But currently these 5 banks of the country are getting profit up to 8.35 percent.
If you are also looking for a safe and good investment, then what can be a better option than bank FD. There may be some changes in the FD interest rates of banks after the monetary policy of RBI comes next month, but right now you can invest in FDs of these 5 banks, where you will get the benefit of interest up to 8.35 percent.
Yes, there are still some banks in the country which are giving more than 8 percent interest on FD to senior citizens. Banks give such high interest to people on FD of less than Rs 2 crore. You also check the list…
Banks offering higher interest to senior citizens
These 5 banks which give high interest on FD to senior citizens are giving interest up to 8.35 percent. See full list…
- DCB Bank: In this bank, senior citizens get 8.35 percent interest on FD of 25 months to 37 months. Whereas if the maturity period is more than 37 months, the bank can give interest up to 8.5 percent on FD.
- IndusInd Bank: In IndusInd Bank, senior citizens get 8 percent interest on FD of 33 months to 39 months. Whereas the interest rate on FD which expires between 19 months to 24 months is 8.25 percent.
- Yes Bank: Senior citizens also get good interest in private sector Yes Bank. Here, senior citizens are getting interest up to 8 percent on FD of 36 months to 60 months. Whereas the interest rate on FD of 18 months to 24 months is 8.25 percent.
- Bandhan Bank: Bandhan Bank also offers interest up to 7.75 percent on FD to its senior citizen customers. This is available on FD from 3 years to 5 years. Whereas on special FD of 500 days, the bank gives interest up to 8.35 percent to senior citizens.
- IDFC First Bank: The FD interest rate for senior citizens in this bank is 7.75 percent, if they save for 751 days to 1095 days.
