Senior Citizen FD Rate: Have you recently crossed sixty? Currently many banks offer great interest on fixed deposits. Small finance banks, however, are offering higher interest rates than most financial institutions. Check out the details.
Senior Citizen FD Rate: Several banks have changed their fixed deposit interest rates this month. This time another small finance bank decided to change interest rates. It is learned that Jana Small Finance Bank has recently revised its fixed deposit interest rates. This rate has been changed by the bank for deposits less than two crore rupees. New interest is applicable in this bank from August 15.
Jana Small Finance Bank Fixed Deposit
Currently, investing in this small finance bank for a period of seven to 14 days earns 3 percent interest. The bank offers 4.25 percent interest rate on investments for 15 to 60 days. Fixed deposits for 61 to 90 days will earn 5 percent interest. 91 to 180 days FD will get interest rate of 7 percent. Earn 7.75 percent interest on investment for 181 to 364 days. This bank offers 8 percent interest rate for 365 days period. Earn 8.25 percent interest on investments for one year to two years. The interest rate is 8.50 percent for terms of two years, one day to three years. Get 7.25 percent interest for a period of three years one day to five years. Investments for five years one day to ten years will earn 6.5 percent interest.
Interest for senior citizens
60 year olds will get extra interest rate in this bank. The bank is offering 3.5 percent interest to senior citizens on investments for seven to 14 days. An interest rate of 4.75 percent is available on investments for 15 to 60 days. Earn 5.50 percent interest on investment for a period of 61 to 90 days. This bank offers 7.5 percent interest rate on investments for 91 to 180 days.
181 to 364 days investment will earn 8.25 percent interest. The investment will earn 8.5 percent interest for 365 days. 366 days to two years (730 days) investment earns 8.75 percent interest. Investments with tenors ranging from two years one day to 1095 days will earn 9 percent interest. You will get 7.75 percent interest in this bank for a period of three to five years. This bank is offering 7 percent interest for tenures of five years one day to ten years. Employees Honorarium Hike: Big news for employees, instead of 7000 will get honorarium of Rs 18000, salary arrears will be paid on this day
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