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HomePersonal FinanceSenior Citizen New FD Rate: Big news! These banks increased the interest...

Senior Citizen New FD Rate: Big news! These banks increased the interest rate on FD for Senior Citizen , Increased rate details here

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Fixed Deposit: If you want to invest and do not want to take risk, then Fixed Deposit (FD) is a good option for that. Fixed interest can be achieved on FD in a specified time. Let us know which bank is paying how much interest on FD.


Fixed Deposit Calculator: It is very important to save from your earnings because this savings is useful in good and bad times in future. At the same time, your savings can also be invested in different places, so that you can get good returns on it. If you want to invest and do not want to take risk, then Fixed Deposit (FD) is a good option for that. Fixed interest can be achieved on FD in a specified time.

Recently some banks have changed their FD interest rate (Fixed Deposit Interest Rate). However, here we are going to tell about the FDs of those banks, which have changed the interest rate of FDs of Senior Citizens. Let us know about such banks which have increased the interest rate on FDs arranged by senior citizens.

  • RBL Bank- RBL Bank is offering 7.75% interest on FD of 725 days to senior citizens.
  • Bank Of India- Bank of India is offering 7.75% interest to senior citizens on deposits of 777 days from November 1, 2022.
  • Federal Bank- Federal Bank is offering 7% interest to senior citizens on deposits of 750 days from October 10, 2022.
  • Yes Bank- Yes Bank is giving 7.5% interest to senior citizens on deposits ranging from 36 months to 10 years. The bank gives 7.25% interest on deposits of 1.5 years to 3 years. This rate is effective from November 3, 2022.
  • IDFC First Bank- IDFC First Bank is offering 7.75% interest on 750 days FD to senior citizens. The bank gives 7.25% interest on deposits of 501 days to 749 days. This rate is effective from October 10, 2022.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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