Senior citizens are given 0.5 percent more interest on FDs than general customers. But there is also a small finance bank which is giving 0.6 percent more interest to senior citizens than general customers.
Highest FD Interest Rates for Senior Citizens: The business of all the small finance banks working in India is growing continuously. Small finance banks are giving more interest on FD to their customers as compared to commercial banks. This is the reason why now people are increasingly opening FD accounts in these small finance banks along with banks. Here we will talk about those small finance banks which are giving the highest interest on fixed deposits to senior citizens. Let us tell you that senior citizens are given 0.5 percent more interest on FD than normal customers. But there is also a small finance bank which is giving 0.6 percent more interest to senior citizens than normal customers.
Jana Small Finance Bank
Jana Small Finance Bank is giving the highest interest of 8.75% to senior citizens on FD schemes with tenures of 365 days, 730 days and 1095 days.
Equitas Small Finance Bank
Equitas Small Finance Bank is offering the highest interest rate of 9.00% to senior citizens on FD schemes with a tenure of 444 days.
Utkarsh Small Finance Bank
Utkarsh Small Finance Bank is giving 0.6 percent more interest to senior citizens on FD schemes than general customers. This bank is giving the highest interest rate of 9.10% to senior citizens on FD schemes with tenures of 730 days to 1095 days and 1500 days.
Suryoday Small Finance Bank
Suryoday Small Finance Bank is offering the highest interest rate of 9.10% to senior citizens on fixed deposit schemes with tenures of 2 years and 1 day to 3 years.
Unity Small Finance Bank
Unity Small Finance Bank is offering the highest interest rate of 9.50% to senior citizens on FD scheme with tenure of 1001 days.
