Senior Citizen Highest FD Rate: Fixed Deposit (FD) remains a great option for safe investment of deposits among Indian customers. Let us tell you that many big banks of the country are giving interest up to 9 percent on FD to their customers.
Senior Citizen Highest FD Rate: Fixed Deposit (FD) still remains a great option for safe investment of deposits among Indian customers. Let us tell you that many big private and public sector lenders of the country are giving up to 8.75 percent interest to their customers on FD. If you are also planning to invest your deposits in FD, then this news is of your use. Let us take a look at 10 such banks which are giving the highest interest on FD to their customers.
Up to 8.75% interest is available here
SBM Bank is giving 8.25 percent interest to its general customers and 8.75% interest to senior citizen customers on FDs ranging from 3 years 2 days to less than 5 years. Whereas Bandhan Bank is giving 8% interest to its general customers and 8.50% interest to senior citizen customers on FDs of 600 days. Apart from this, DCB Bank is giving 8% interest to its general customers and 8.50% interest to senior citizen customers on FDs of 36 months.
RBL Bank is giving up to 8% interest
On the other hand, Deutsche Bank is giving up to 7.75% interest to senior citizen customers along with general customers on FDs of more than 2 years and up to 3 years. Whereas Yes Bank is giving 7.75% interest to its general customers and 8.25% interest to senior citizen customers on FDs of 18 months to less than 36 months. Apart from this, RBL Bank is giving 7.50% interest to its general customers and 8% interest to senior citizen customers on FDs of 24 months to less than 36 months.
Up to 8% interest is being given on FDs of 444 days
IDFC First Bank is giving 7.50 percent interest to its general customers and up to 8 percent interest to senior citizen customers on FDs of 1 year 1 day to 550 days. While Indusind Bank is giving 7.50 percent interest to its general customers and up to 8 percent interest to senior citizen customers on FDs of 2 years 9 months to 3 years 3 months. Apart from this, HSBC Bank is giving 7.50 percent interest to its general customers and up to 8 percent interest to senior citizen customers on FDs of 732 days to less than 36 months. While Karur Vysya Bank is giving 7.50 percent interest to its general customers and up to 8 percent interest to senior citizen customers on FDs of 444 days.
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