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%
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Bank
Ujjivan Small Finance Bank offering 8.75% for senior citizen.
Your money till 5 lakhs will be insured as per RBI if someone hesitate to invest in small Finance bank.
Jana small finance Bank 8.25%
Bandhan Bank is one of the legit banks providing interest above 8.
Yes bank giving 8.75% on 25/30/35 months.
Equates bank
(12/01/2023)
Yes Bank has announced new fixed deposit terms of 25 and 35 months. For the next 25-month period, the general public will receive an interest rate of 7.50%, while senior citizens will receive an interest rate of 8%. Yes Bank provides a standard interest rate of 7.75% and 8.25% for older residents under the new fixed deposit duration of 35 months
Equitas Bank 8.5% for senior citizens and 8% for others
Best to go for Banks available near you, rather than Online Banking
Money should be available easily and fast!