Highest FD Interest Rates for Senior Citizens: Reserve Bank of India Governor Shaktikanta Das had recently said that deposits in banks are declining. The common investors of the country are now investing money in schemes like mutual funds with risk. But there is no doubt that even today a large section of the country trusts bank FDs for the safest and most reliable investment.
Almost all banks across the country pay higher interest to senior citizens on FD i.e. fixed deposit than to general customers. Small finance banks are far ahead of the regular banks of the country in terms of giving higher interest on FD to customers. Here we will know about those banks which are giving the highest interest on FD to senior citizens.
North East Small Finance Bank
This bank is offering 9.50% interest to senior citizens on fixed deposits with tenure of 546 days to 1111 days.
Unity Small Finance Bank
Unity Small Finance Bank is offering 9.50% interest to senior citizens on FDs with tenure of 1001 days.
Suryoday Small Finance Bank
Suryoday Small Finance Bank is offering 9.10% interest to senior citizens on FDs with tenures ranging from 2 years to 3 years.
Utkarsh Small Finance Bank
Utkarsh Small Finance Bank is offering 9.10% interest to senior citizens on FDs with tenures of 730 days to 1095 days and 1500 days.
Equitas Small Finance Bank
Equitas Small Finance Bank is offering 9.00% interest to senior citizens on FDs with tenure of 444 days.
Jana Small Finance Bank
Jana Small Finance Bank is offering 8.75% interest to senior citizens on FDs with tenures of 365 days, 730 days and 1095 days.
Latest Business News
