ICICI Bank and RBL Bank have changed the interest rates on FD. Both the banks are offering higher interest to senior citizens.
Bank FD: Festive season is going on these days. Banks are also giving many offers to the customers. Meanwhile, two private sector banks have changed the fixed deposit interest rates. ICICI Bank and RBL Bank have changed the interest rates for FDs less than Rs 2 crore.
RBL Bank
RBL Bank is offering attractive interest on FD. General customers are getting 3.50% to 7.80% interest on deposits of 7 days to 120 months. Whereas senior citizens are getting interest ranging from 4% to 8.30%. The bank is offering the highest interest on tenure of less than 453 days- 24 months, the rates are 7.780% for general citizens and 8.30% for senior citizens. Senior citizens are getting 0.5% interest on all schemes. The bank is offering 7% interest on deposits of less than 12 months to 15 months.
ICICI Bank
ICICI Bank is also giving 0.50% more interest to senior citizens. Interest rates for general citizens range from 3% to 7.10%. Whereas the bank is giving 3.50% to 7.65% interest to senior citizens. Highest returns are available for tenure of less than 15 months-18 months and tenure of 18 months to 2 years. The rates are 7.10% for general citizens and 7.65% for senior citizens.
