Highest FD rates for senior citizens: Small Finance Banks offering upto 9.50%

New Delhi: Now, may be the best time to book a Fixed Deposit (FD) with Small Finance Banks (SFBs) as FD interest rates are at an elevated level. The highest FD rate in Small Finance Banks currently is of 9.50 per cent for senior citizens. Both Unity Small Finance Bank and North East Small Finance Bank are offering this rate of interest on their selected fixed deposit schemes.

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Unity Small Finance Bank FD rates

Unity Small Finance Bank FD rates for Senior Citizens go as high as 9.50 per cent on tenure of 1,001 days. The lender currently offers interest rates between 4.50 per cent to 9.50 per cent on tenures ranging from 7 days to 10 years. The rates are effective from July 08, 2024.

North East Small Finance Bank FD rates

Senior citizens can get as high as 9.50 per cent with North East SFB. For this, they will have to open a time deposit of 546 days to 1111 days. The bank currently offers interest rates between 3.75 per cent to 9.50 per cent on tenures ranging from 7 days to 10 years.

Utkarsh Small Finance Bank FD rates

Utkarsh Small Finance Bank FD rates for senior citizens go as high as 9.10 per cent on tenure of 1,500 days. The small finance bank offers interest rates between 4.60 per cent to 9.10 per cent on tenures ranging from 7 days to 10 years. The rates are effective from June 7, 2024.

Suryoday Bank FD rates for Senior Citizens

FD interest rates in Suryoday Small Finance Bank for senior citizens is 9.10 per cent on tenure of 2 years and 2 days. The lender is offering interest rates in the range of 4.50 per cent to 9.10 per cent on time deposits of 7 days to 10 years. The rates are effective from April 22, 2024.

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Shivalik Small Finance Bank FD rates for Senior Citizens

Bank depositors of 60 years of age and above currently get as high as 9.05 per cent on term deposits with Shivalik SFB. The tenure of the time deposit is 18 months to 24 months. The lender had last revised rates on June 28, 2024.

Highest FD rate in Small Finance Banks

 Highest FD rates for senior citizens: Unity Small Finance Bank and North East Small Finance Bank are offering 9.50 per cent on Fixed Deposit schemes for Senior Citizens.  Personal Finance Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today