Senior Citizens Can Earn Up to 8.05% Interest on 3-Year FDs with These Banks
For senior citizens looking to invest their extra savings, Fixed Deposits (FDs) remain a popular choice due to their reliability and steady returns. But how much interest can you earn? Here’s a look at 10 prominent banks offering attractive FD rates for senior citizens, with returns of up to 8.05% on a 3-year FD.
1. Axis Bank
Senior citizens can earn an interest rate of 7.6% on a 3-year FD.
2. Bandhan Bank
Bandhan Bank offers an interest rate of 7.75% for senior citizens on a 3-year FD.
3. City Union Bank
With a 3-year FD at City Union Bank, senior citizens can enjoy an interest rate of 6.75%.
4. DCB Bank
DCB Bank provides the highest rate among these banks, offering 8.05% interest on a 3-year FD for senior citizens.
5. HDFC Bank
Senior citizens can avail an interest rate of 7.5% on a 3-year FD at HDFC Bank.
6. ICICI Bank
ICICI Bank matches HDFC’s offer, with an interest rate of 7.5% on a 3-year FD for senior citizens.
7. IDFC First Bank
IDFC First Bank offers a competitive interest rate of 7.3% on 3-year FDs for senior citizens.
8. IndusInd Bank
Senior citizens can earn an interest rate of 7.75% on a 3-year FD with IndusInd Bank.
9. RBL Bank
RBL Bank provides an attractive rate of 8% on a 3-year FD for senior citizens.
10. YES Bank
YES Bank also offers a high interest rate of 8% for senior citizens investing in a 3-year FD.
If you’re a senior citizen looking to maximize returns on your savings, these banks provide excellent options with competitive interest rates. Make sure to compare and choose the one that best fits your financial goals.