New Delhi: Fixed deposits provide guaranteed returns. Unlike, the stock market, FDs provide fixed interest rates on various tenures. Senior citizens get the benefit of earning more returns as most banks offer an additional interest of 0.50 per cent to them. Many Small finance banks offer higher interest rates than public sector banks to attract customers. Here is a list of banks offering an interest of up to 9.5 per cent on FD to senior citizens.
Equitas Bank Senior Citizen FD rates
Equitas Bank is offering its highest interest rate for a 444-day FD plan. The bank is offering an interest rate of 8.5 per cent to general citizens. Equitas Bank is offering an additional interest rate of 0.50 per cent on FD rates mentioned below in the table. So, senior citizens will be able to earn an interest rate of 9 per cent for a 444 day FD plan.
Tenure
Interest rates for amount less than Rs 3 crore (General Citizens)
7 – 14 days
3.50%
15 – 29 days
3.50%
30 – 45 days
4.00%
46 – 62 days
4.50%
63 – 90 days
4.50%
91 – 120 days
5.25%
121 – 180 days
5.25%
181 – 210 days
6.25%
211 – 270 days
6.25%
271 – 364 days
6.25%
1 year (365 days)
8.20%
1 year 1 day
8.00%
1 year 2 days to 443 days
8.20%
444 Days
8.50%
445 Days to 18 Months
8.20%
18 Months 1 day to 2 years
7.75%
2 years 1 day to 887 days
8.00%
888 days
8.25%
889 days to 3 years
8.00%
3 years 1 day to 4 years
7.50%
4 years 1 day to 5 years
7.25%
5 years 1 day to 10 years
7.25%
Jana Small Finance Bank Senior Citizen FD rates
Jana Small Finance Bank is offering its highest interest rate of 9 per cent per annum on a tenure of 365 days.
Tenure
Senior Citizen FD Interest Rate (p.a.)
7-14 Days
3.50%
15-60 Days
4.75%
61-90 Days
5.50%
91-180 Days
7.00%
181-364 Days
8.50%
365 Days
9.00%
> 1 Year – 2 Year(730 Days)
8.75%
> 2 Years – 3 Years(1095 Days)
7.75%
> 3 Year – < 5 Years
7.75%
5 Years(1825 Days)
7.75%
> 5 Years – 10 Years
7.00%
Unity Small Finance Bank Senior Citizen FD rates
Unity Small Finance Bank is offering its highest interest rate of 9.5 per cent per annum. Senior citizens can open FDs for 1,001 days.
Tenure
Senior Citizen FD Rates
7 – 14 days
4.50%
15 – 45 days
4.75%
46 – 60 days
6.25%
61 – 90 days
6.50%
91 – 164 days
6.75%
165 days – 6 Months
6.75%
> 6 Months – 201 days
9.00%
202 – 364 days
7.75%
1 Year
8.35%
1 Year 1 day
8.35%
> 1Year 1 day – 500 days
8.35%
501 days
9.25%
502 days – 18 Months
8.35%
> 18 Months – 700 days
8.40%
701 days
9.45%
702 days – 1000 days
8.40%
1001 days
9.50%
1002 days – 3 Year
8.65%
> 3 Year – 5 Year
8.65%
> 5 Year – 10 Year
8.00%
Suryoday Small Finance Bank Senior Citizen FD rates
Suryoday Small Finance Bank is offering its highest interest on FDs with tenure of Above 2 years to 2 years 1 day and 2 wears & 2 days. Here, you can earn an interest rate of 9.10 per cent per annum.
Period
Senior Citizen
7 days to 14 days
4.50%
15 days to 45 days
4.75%
46 days to 90 days
5.00%
91 days to 6 months
5.50%
Above 6 months to 9 months
6.00%
Above 9 months to less than 1 Year
6.50%
1 Year*
7.35%
Above 1 Year upto 15 months
8.75%
Above 15 months to 2 years
9.00%
Above 2 Years to 2 years 1 Day
9.10%
2 Years & 2 Days
9.10%
2 years 3 Days up to 3 Years
9.10%
Above 3 Years to less than 5 Years
7.25%
5 Years
8.75%
Above 5 years to 10 years
7.75%
Utkarsh Small Finance Bank Senior Citizen FD rates
Utkarh Small Finance Bank is offering its highest interest rate of 9.10 per cent to Senior citizens on its FD.
Tenure
Senior Citizen
7 Days to 45 Days
4.60%
46 Days to 90 Days
5.35%
91 Days to 180 Days
6.10%
181 Days to 364 Days
7.10%
365 Days to 699 Days
8.60%
700 Days to less than 2 Years
8.85%
2 Years (730 Days) to 3 Years (1095 Days)
9.10%
Above 3 Years to less than 4 Years
8.85%
4 Years (1461 Days) upto 1499 Days
8.35%
1500 Days
9.10%
1501 Days upto 5 Years (1826 Days)
8.35%
Above 5 Years to 10 Years
7.45%
Senior citizen FD rates: Senior citizens get the benefit of earning higher returns since most banks offer an additional interest of 0.50 per cent. Personal Finance Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
