Senior citizens are getting 6.45 percent interest on FDs of 700 days in DCB Bank. Similarly, interest of 6.45 percent is being available on FD of 36 months.
Senior citizens are currently getting very less interest on fixed deposits in public and private banks. Many banks have reduced the interest rate from 5 to 6 percent. In such a situation, the problems of those senior citizens have increased. Those who have deposited the funds received in their retirement in the banks by making fixed deposits. For this reason, the amount of interest received by the senior citizens in the month has become much less than before. However, even at this time there are some small private banks, which are giving up to 7 percent interest on fixed deposits to compete with public sector banks. Let us know in which banks senior citizens can get up to 7 percent interest on FD.
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IDFC First Bank – In this bank, senior citizens are giving 6.25 percent interest on FD of 3 years. If a senior citizen depositor puts Rs 1 lakh in FD in this bank today, then after 3 years he will get Rs 1, 18,750.
DCB Bank – In this, it is giving 6.45 percent interest on FDs of 700 days for senior citizens. Similarly, interest of 6.45 percent is also being available on FD of 36 months. If a senior citizen depositor deposits Rs 1 lakh, then after three years he will get Rs 1,19350.
IndusInd Bank – In this bank, the interest rate of 6.50 percent is being given to senior citizens on FD of three years. If a senior citizen puts Rs 1 lakh in an FD, he will get Rs 1,19,500 after three years.
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YES BANK – This bank is giving 7.25 percent interest on 3 years FD to senior citizens. If a senior citizen depositor deposits Rs 1 lakh for three years, then he will get Rs 1,21,750 on maturity.
RBL Bank – This bank is giving 6.80 percent interest to senior citizens on FD of three years. If a senior citizen depositor puts Rs 1 lakh in RBL Bank for three years, he will get Rs 1,20,400 on three maturities.
