Bank FD New Update: If we look at the trend of last few months, FD rates are giving the best returns at this time. However, some banks have revised the interest rates on Fixed Deposit but still many small finance banks are offering 8 to 9 percent interest on FD.
Experts believe that now is the best time for FD. After this, FD rates may fall. Here we are telling you about 3 private sector banks which are offering more than 8 percent interest on FD to senior citizens.
DCB Bank
DCB Bank is giving up to 8.50 percent interest on FD to senior citizens. This interest is being given on FD of 25 months and 37 months. If you make FD only for 12 months and 10 days, then 7.75 percent interest will be given. 8 percent interest will be available on FD of 18 months and 6 days. Whereas, 8.15 percent interest is being given on 61 month FD. This will be an FD of approximately 5 years.
IndusInd Bank
IndusInd Bank is giving interest up to 8.25 percent to senior citizens. This interest is being given on FD of 1 year to 2 years. The bank is giving 4.25 percent interest on FD of 7 days to 30 days. It is giving 4.5 percent interest on FD of 31 days to 45 days. 5.50 percent interest on FD of 91-120 days, 5.75 percent on FD of 121-180 days, 6.60 percent on FD of 181-210 days, 6.85 percent on FD of 211-269 days and 7.10 percent on FD of 270-364 days. Are getting. The bank is giving 8 percent interest to senior citizens on FD above 2 years.
Bandhan Bank
Bandhan Bank is giving up to 8.35 percent interest on FD to senior citizens. 3.75 percent interest is being given on FD of 7 days to 30 days. Bandhan Bank is offering 7.75 percent interest on FD of 1 year to 499 days. Even if you make FD for 501 days to 5 years, the bank will give you only 7.75 percent interest. Apart from this, interest of 6.60 percent is being given on FD of 5 years to 10 years.