Investing in FD is considered better for the financial security of senior citizens. It also has a higher interest rate for senior citizens. Many banks are offering more than 7 percent interest. Through the table, you know which bank is paying how much interest on FD …
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Bank | Rate of interest | Period |
Fincare Small Finance Bank | 8.00 percent | 4-6 years |
Sarvodaya Small Finance Bank | 9.25 percent | 5 years |
Jan Small Finance Bank | 8.00 percent | 1-3 years |
Utkarsh Small Finance Bank | 8.50 percent | 700 days |
Equitas Small Finance Bank | 7.95 percent | 888 days |
Ujjivan Small Finance Bank | 7.45 percent | 1-2 years |
RBL Bank | 8.00 percent | 3 year |
IndusInd Bank | 7.50 percent | One year |
DCB Bank | 7.45 percent | 3 year |
Yes Bank | 7.25 percent | 3 year |
Source … bank market dotcom