Senior Citizen FD Rates: Many small finance banks have come up with great offers for senior citizens. In many banks, customers above 60 years of age are being offered strong interest of up to 9.1 percent on FDs.
Senior Citizen Fixed Deposit Rates: According to the list made by Paisa Bazaar, many small and private banks are offering a return of more than 9% on FDs of only three years to senior customers. We are giving you information about these banks.
Suryoday Small Finance Bank is offering an interest rate of 9.1 percent on three-year FDs. This rate is being offered to senior citizens. In this case, after investing Rs 1 lakh, you will get Rs 1.31 lakh on maturity after three years.
Utkarsh Small Finance Bank is offering 8.85 percent interest rate to senior citizens on three-year FDs. In this case, you will get a return of Rs 1.30 lakh on an investment of Rs 1 lakh.
Fincare Small Finance Bank is offering 8.60 percent interest rate to senior citizens. In this case, on an investment of Rs 1 lakh, you will get Rs 1.29 lakh in return.
DCB Bank is offering 8.50 percent interest rate to senior citizens on FD of three years. In this case, by investing Rs 1 lakh, you will get a return of Rs 1.29 lakh.
IndusInd Bank is giving 8 percent interest rate to senior citizens. This rate is applicable for FD of three years. In this case, on an investment of Rs 1 lakh, the senior citizen will get Rs 1.27 lakh on maturity after 3 years.
