Senior Citizens FD Rates: If you are 60 years or older and want to invest in fixed deposits (FD), then this time can be beneficial for you. Some banks in the country are offering up to 7.85% interest to senior citizens on 3-year FDs. This interest will be given to those who make FDs of less than Rs 3 crore. Let’s know the list of 5 such banks.
YES Bank is offering the highest interest
If you are looking for the highest interest rate, then YES Bank is at the top of this list. The bank is offering 7.85% interest to senior citizens on 3-year FDs, which is quite high according to the current market rates.
SBM Bank India is also not far behind
After YES Bank, SBM Bank India is also offering 7.8% interest to senior citizens. These rates apply to 3-year fixed deposits.
Bandhan Bank will give you 7.75% interest rate
Bandhan Bank is giving 7.75% interest to senior citizens on FD of three years. This is also a good option if you want safe investment.
RBL Bank’s offer
RBL Bank is also offering 7.6% interest on FD for senior citizens. This rate is a little less than other banks, but it can still be considered better than normal FD.
IndusInd Bank will give you 7.5% return
IndusInd Bank is giving 7.5% interest on FD of three years. This is also a stable and safe return option for senior citizens.
Most Read Articles:
- Aadhar Card New Rules: Rules for making Aadhar card for children below 5 years of age have changed, check new rule
- FD vs POTD: This post office scheme will give you more bumper returns than bank FD, take advantage without risk
- Credit Card Link UPI: Link your credit card to UPI from home, know step-by-step guide
