FD Rates: If you are a senior citizen or your parents have become senior citizens, then you can get high interest on FD. If you make an FD for 3 years, you will get interest up to 8.1 percent. This interest will be available in both public banks and private banks. However, this interest rate is being offered on FDs of less than Rs 2 crore. Let us know which bank is giving how much interest.
DCB Bank
If you make a senior citizen FD in DCB Bank, then you will get 8.1 percent interest on the FD maturing between 26 months to 37 months.
RBL Bank
Those who make senior citizen FD in RBL Bank will also get huge interest. However, this interest will be available on FDs maturing between 24 months to 36 months, which can be up to 8 percent.
Bandhan Bank
Bandhan Bank is offering interest up to 7.75 percent on Senior Citizen FD. This interest rate is being given on FDs maturing in a period ranging from 3 years to less than 5 years.
Axis Bank
If you make a senior citizen FD in Axis Bank, you can get interest up to 7.6 percent. This interest rate is being given on FDs ranging from 3 years to less than 5 years.
Bank of Baroda
You can get interest up to 7.75 percent in Bank of Baroda on FD of more than 2 years and up to 3 years. So you can also get senior citizen FD done in Bank of Baroda.