Senior Citizens FD Rate: For safety, liquidity and fixed returns, most people keep their money in bank fixed deposits. Our senior citizens also get bank FD to keep their life savings safe.
Most of the government and private banks of the country give interest returns of 6-8% on fixed deposits of different tenures. But 7 small finance banks under the Reserve Bank of India (RBI) are offering 9% and more interest on FD.
This bank is giving more than 9% interest on fixed deposits
- Unity Small Finance Bank is giving 9% interest return to its customers on 1001 day fixed deposit, while up to 9.50% interest return to senior citizens.
- Fincare Small Finance Bank also gives interest returns up to 9.21% to senior citizens on 750 days fixed deposits.
- Utkarsh Small Finance Bank has also offered interest of up to 9.10% on bank FD of 2 to 3 years to senior citizens.
- According to the official site of Suryoday Small Finance Bank, senior citizens get 9.10% return on fixed deposits of 2 to 3 years.
- Equitas Small Finance Bank also gives interest returns up to 9% to senior citizens on fixed deposits, however, no returns are available on premature withdrawal.
- Jana Small Finance Bank is giving interest returns up to 9% to its senior citizen customers on fixed deposits of 1095 days.
- ESF Small Finance Bank has also offered 9% interest returns to senior citizens on bank fixed deposits of 2 to 3 years.