Bank FD Latest Rates: Fixed deposit is considered a very safe option in ways to get returns by investing money for a limited period. After the continuous increase in the interest rates by the Reserve Bank, many banks have also increased their interest rates.
Apart from this, to attract their senior citizen customers, these banks also give them the benefit of additional interest in FD interest rates. In such a situation, senior citizens get more returns than common customers on getting FDs in banks. Let’s see how much interest the country’s big government and private banks give to their customers on Fixed Deposit.
SBI Bank gives interest up to 7.25 percent
In the country’s largest public sector bank SBI, senior citizens get a maximum interest of up to 7.25 per cent on fixed deposits. Bank’s customers get 7.25% interest on FDs ranging from 1 year to 3 years. Apart from this, 6.75 percent interest is available on FDs of 3 years to 5 years. At the same time, even on FDs of 5 years to 10 years, the customers of the bank get only 7.25 percent interest.
Bank of Baroda gives this much interest on FD
Like State Bank of India, senior citizen customers of Bank of Baroda also get a maximum interest of 7.25% on FDs. The bank offers this interest to customers on special FDs of 399 days. Apart from this, 6.60 percent interest is available on FDs of 1 year to 2 years, 6.75 percent on FDs of 2 years to 5 years and 6.90 percent on FDs of 5 years to 10 years.
PNB gives 8.05 percent interest to senior citizens
Punjab National Bank offers the highest interest of up to 8.05% on FD to its super senior citizens. Bank’s customers get this interest on 666 days special FD. Apart from this, 7.10% interest is available on FDs of 1 year to 599 days, 7.80% on FDs of 600 days, 7.10% on FDs of 601 days to 665 days and 7.30% on FDs of 3 years to 10 years.
Axis Bank gives this much interest to the customers
Private sector bank Axis Bank gives a maximum interest of 7.75% on bank FDs to its senior citizen customers. Axis Bank offers 7.75% interest on FDs ranging from 2 years to 10 years. Apart from this, the customers of the bank get 7.50 percent interest on FDs ranging from 1 year to 2 years.
HDFC Bank gives interest up to 7.75 percent
HDFC Bank gives interest up to a maximum of 7.75% on fixed deposits to its senior citizens. Bank’s customers get 7.75% interest on FDs ranging from 5 years to 10 years. Apart from this, 7.00 percent interest is available on FDs ranging from 1 year to 15 months and 7.50 percent interest is available on FDs ranging from 15 months to 5 years.
ICICI Bank gives this much interest
Private sector bank ICICI gives interest up to a maximum of 7.50% on Fixed Deposit to its customers. Senior citizen customers of the bank get 7.50% interest on FDs ranging from 15 months to 10 years. Apart from this, customers get 7.10 percent interest on FDs ranging from 1 year to 15 months.
