Which bank has highest FD interest rate for senior citizens?
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1 year to less than 2 years - 7.25%
15 months to < 18 months 7.50%
Senior citizens will get an interest rate ranging from 3.5 to 7.50%* on FDs maturing in 7 days to 10 years.
1 Year to < 20 months 7.50%
Senior citizens will get an interest rate ranging from 3.25% to 7.50% on FDs maturing in 7 days to 10 years. These rates are effective from 15 December 2022.
365 Days to 389 Days 7.25%
- Groups
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Bank
idfc giving 8%
Equitas offering 8.75% but not sure about time duration. Please share.
Benefits:
- Idle funds can be used
- Best in class Interest Rates
- Attractive FD interest rates up to 8.50%* p.a. for Senior Citizens for 888 days
- Partial and Full Pre Mature** withdrawal allowed
- No Premature Withdrawal penalty for all FDs booked for Senior Citizens on or after 2nd December 2019 (Not applicable for grouping)
- No Penalty on premature withdrawal above 6 months
- Nomination facility available
- Interest frequency available – Reinvestment, Quarterly Payout, and Monthly*** Payout
Fixed Deposit Rates (amount less than Rs. 2 crore) Effective from: 14th December, 2022
Domestic FD Rates| Tenure | Interest rates for amount less than Rs 2 crores |
Annualised Yield |
|---|---|---|
| 7 - 14 days | 3.50% | 3.50% |
| 15 - 29 days | 3.50% | 3.50% |
| 30 - 45 days | 4.00% | 4.00% |
| 46 - 62 days | 4.25% | 4.25% |
| 63 - 90 days | 4.25% | 4.25% |
| 91 - 120 days | 5.00% | 5.00% |
| 121 - 180 days | 5.00% | 5.00% |
| 181 - 210 days | 6.00% | 6.09% |
| 211 - 270 days | 6.00% | 6.09% |
| 271 - 364 days | 6.00% | 6.09% |
| 1 year to 18 months | 7.50% | 7.71% |
| 18 months 1 day to 2 years | 7.25% | 7.45% |
| 2 years 1 day to 887 days | 7.75% | 7.98% |
| 888 days | 8.00% | 8.24% |
| 889 days to 3 years | 7.75% | 7.98% |
| 3 years 1 day to 4 years | 7.25% | 7.45% |
| 4 years 1 day to 5 years | 7.00% | 7.19% |
| 5 years 1 day to 10 years | 7.00% | 7.19% |
- TDS will be deducted as applicable
- Please check all terms and conditions applicable on FD/RD for premature withdrawal
- 0.50% extra for Senior Citizen rates (not applicable for NRE/NRO)
- Interest on NRE deposits will be payable only on completion of a minimum tenure of 1 year
DCB
8.35 % for 3 years with Effective Annualized yield of 9.38%
8.10% for 3 -5 Years with Effective Annualized yield of 9.86%
8.10% for 5-10 Years with Effective Annualized yield of 12.30%
Which is best between DCB vs equitas?
UBI 8.05% 800 Days for All.
Can you please share a screenshot of the rates ? I am unable to see any fd rate of 8.05% for 800 days on the bank website.
UBI 8.05% 800 Days for All.
AU pays 8.25% for 2yrs 01 day term
@luciferofhell - Exactly what you wanted. 😄
Jab koi chiz sache mann se chaho to puri kaynat ussi milaneki koshish me jud jati hai 
I feel it's better to invest in scss senior citizen savings scheme through a bank or post office. The interest rate is 8% and the tax deduction is allowed for a maximum interest income of up to ₹ 50,000
I don't think there's any tax for senior citizens
axis bank senior citizen 8.01% for 2 years.
HDFC Bank offers 7.5% interest on senior citizen FDs
15 months to < 18 months 7.50%
HDFC seems to be giving 7.75% for 5-10 yrs for senior citizens.
RBL has 8.05
Any issues keeping FDs in SFBs?
HDFC is offering 7.75 % to senior citizens 5 yrs1 day to 10 yrs.( till 31st march 2023 additional 0.25% extra)
Suryoday small finance bank.
8.76% on 999 days for Seniors.
Axis bank 8.1% for 2 years to 30 months
Punjab national bank was giving 7.7% for under 80 seniors for 600 days and >8% for super seniors.
But when I went to their branch they were forcing my mom to open a bank saying that during maturity there will be trouble to get amount for non-account customers.
So I said Khatam, Tata byebye and left.
AU pays 8.25% & minimum tenure of 2y01days.... the best that I have seen till date
Canara bank giving 7.5% for 666days FD
@Budhe-Baba apke paise kaha invested hai
Chit Funds 
Utkarsh small finance bank.
8.75% on 700 days for Seniors.
.
@Rosh_0007
Indusind giving 7.85% for 2 years
IndusIND?
Karnataka bank is offering 7.6% and they have a special rate of interest for 555days.