Senior Citizen FD Return: FD is considered a safe investment. This is the reason why a large number of people also invest in it. Keeping this in mind, all the banks keep on giving new offers to the customers. Let us know where in State Bank of India (SBI), HDFC, ICICI Bank senior citizens are getting the highest return on FD (Fixed Deposit).
SBI Fixed Deposit Rates-
State Bank of India (SBI) has run a special fixed deposit scheme named (SBI Wecare) to attract senior citizens. Under this scheme, the bank is giving more interest to senior citizens than ordinary citizens. The bank is offering a maximum interest of 6.30% to senior citizens. The new rates are effective from 15 January 2022.
HDFC bank fixed deposit
HDFC Bank is running an FD scheme for senior citizens named Senior Citizen Care FD. Senior citizens are getting 6.35% interest from the bank here. The new rates are effective from 20 April 2022.
ICICI Bank Fixed Deposit –
ICICI Bank is offering 6.35% interest on FDs to senior citizens. The new rates of the bank are effective from January 20.