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HomePersonal FinanceSenior citizens FD interest rates: Big news! These 4 banks are...

Senior citizens FD interest rates: Big news! These 4 banks are giving highest interest on FD to senior citizens, know details

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Fixed Deposit is an investment where the returns are guaranteed. This is the reason why a large number of people invest in FDs. Due to rising inflation, the return on FD is a topic of discussion.


Fixed Deposit is an investment where the returns are guaranteed. This is the reason why a large number of people invest in FDs. Due to rising inflation, the return on FD is a topic of discussion. At the same time, there are many such banks which are giving strong returns to senior citizens on FD. Let’s check the list –

IndusInd Bank

IndusInd Bank is offering 7% return on FDs of 2 years to 5 years one month to senior citizens. At the same time, if a customer gets an FD for five years, then he will get 7% interest. 1.5 lakh can be claimed in tax exemption through FD.

6.50% interest is being given by the bank on FDs from 1 year to less than two years. Customers will get 6% interest on FDs of 270 days to 364 days.

Yes Bank

Yes Bank is offering 7% interest to its senior citizens on FDs of 3 years to 10 years. At the same time, the bank is giving 6.40% interest on FDs of one year or more but less than 18 months and 6.66% on fixed deposits of less than 18 months to 3 years. Let us tell you, to invest in FD, at least 10 thousand rupees have to be invested.

RBL Bank

Senior citizens are being given interest up to 7% by RBL Bank. Customers who make fixed deposits for 24 months to 36 months will get 7% return from the bank. The bank is giving 6.80% interest on FDs from 36 months to 60 months. At the same time, senior citizens are getting 6.75% interest on FDs of 12 months or more but less than 24 months.

Bandhan Bank

Bandhan Bank had changed the FD rates on 4 May 2022 itself. The bank is offering 7% interest on FDs of 2 years or more but less than 5 years. The bank is giving 6.35% interest on FDs from 5 years to 10 years.

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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