Senior Citizen FD: In old age, the interest received from FD (Fixed Deposit) is an important income for senior citizens. The higher the interest that such senior citizens get on FD, the more they benefit.
In old age, the interest received from FD (Fixed Deposit) is an important income for senior citizens. The higher the interest that such senior citizens get on FD, the more they benefit. At present, many private sector banks are providing excellent interest rates on senior citizen FDs. Senior citizens are being given interest of up to 8.1 percent on three-year FD. This interest rate is being given on FD of less than Rs 2 crore. Let us know in which private banks interest up to 8.1 percent is being offered on senior citizen FD.
1- DCB Bank senior citizen FD rates
DCB Bank is giving 8.1 percent interest on FD to senior citizens. This interest is being given on FDs maturing between 26 months to 37 months. If seen this way, your money in this FD will double in 8.8 years.
2- RBL Bank senior citizen FD rates
RBL Bank is giving 8 percent interest on FD to senior citizens. This interest is being given to senior citizens on FDs made for a period ranging from 24 months to 36 months. It will take 9 years for your FD amount to double in RBL Bank.
3- IndusInd Bank senior citizen FD rates
IndusInd Bank is offering 8 percent interest on senior citizen FD. This interest rate is being given on FD for the period ranging from 2 years 9 months to 3 years 3 months. In this way, if you make a senior citizen FD in IndusInd Bank, your money will double in 9 years.
4- IDFC Bank senior citizen FD rates
IDFC Bank is offering 7.75 percent interest on Senior Citizen FD. This offer is being made on FD ranging from 2 years, 1 day to 3 years. If you invest money in this FD, it will take 9.2 years for your money to double.
5- ICICI Bank senior citizen FD rates
If you want, you can also make senior citizen FD in ICICI Bank. Here you are being offered an interest rate of 7.5 percent. This rate is being given on FDs maturing in a period ranging from 2 years, 1 day to 3 years. Your money in this FD will double in 9.6 years.
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