Many banks have increased the interest rate on FD. Now the depositors are getting the benefit of higher returns on their deposited money than before. Apart from this, almost every type of bank is also giving senior citizens the benefit of higher interest than common citizens on FD schemes. Come, let us also know that how much interest different banks are offering on FDs to senior citizens?
Bank Fixed Deposit (Bank FD) has been the most popular and preferred mode of savings and investment. Many banks have increased the interest rate on FD. Now the depositors are getting the benefit of higher returns on their deposited money than before. Apart from this, almost every type of bank is also giving senior citizens the benefit of higher interest than common citizens on FD schemes. Come, let us also know that how much interest different banks are offering on FDs to senior citizens?
This bank offers good interest on senior citizens
AU Small Finance Bank is giving the benefit of interest to senior citizens at the maximum rate of 8.25%. At the same time, Capital Small Finance Bank also offers interest to its customers at a maximum rate of 8.25 per cent. Equitas Small Finance Bank and ESAF Small Finance Bank are offering interest benefits of up to a maximum of 9 per cent to their customers. Fincare Small Finance Bank is giving the benefit of interest to its customers at a maximum rate of 9.11 per cent.
Jana Small Finance Bank is giving interest benefit of maximum 9% to its customers. Suryoday Small Finance Bank is giving the benefit of interest at the rate of 9.60 percent. Ujjivan Small Finance Bank is offering its customers an interest rate of maximum 8.75 per cent for senior citizens. Unity Small Finance Bank is offering interest at the rate of 9.50 per cent to its customers. While Utkarsh Small Finance Bank is offering interest at the maximum of 8.85 per cent.
Public Sector Bank
Bank of Baroda is giving maximum interest benefit of 7.75 per cent to its customers falling in the category of senior citizens. At the same time, Bank of India is offering interest to its customers at the maximum rate of 7.50 per cent. Bank of Maharashtra is offering maximum interest of 7.50 per cent to senior citizens. Canara Bank offers an interest rate of 7.75 per cent to its customers.
Central Bank of India is offering a maximum interest rate of 7.60 per cent to senior citizens. Indian Bank offers maximum interest to senior citizens at 7.75 per cent. At the same time, Punjab National Bank is offering an interest rate of 7.75 per cent to its customers at the rate of 7.75 per cent. While State Bank of India (SBI) is offering a maximum interest of 7.60 per cent to senior citizens.
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