Senior Citizens New FD Rates: Senior citizens are getting bumper interest on 5 year FD in these banks, check the complete list.

Senior Citizens New FD Rates: There is a large population of senior citizens in the country, who even today prefer to invest their retirement money in FD schemes.

Best FD Rates for Senior Citizen: In such a situation, we are telling you about five public sector banks which are offering the highest interest to senior citizens on FD scheme of five years tenure. This list has been made according to the data of bank market.

1. State Bank of India is offering 7.50 percent interest rate to customers on FD scheme with a tenure of five years.
2. Canara Bank and Union Bank of India are offering 7.20 percent interest rate to senior citizens on FD scheme with a tenure of 5 years.
3. Bank of Baroda is offering 7 percent interest rate on 5 year FD scheme to senior citizens.
4. Whereas Indian Overseas Bank and Punjab National Bank are offering only 7 percent interest rate on FD for 5 years period.
5. Bank of India is offering 6.75 percent interest rate to senior citizens on FD with a tenure of five years.