Fixed Deposit 10% Bank Give More Than 8 Percent On FD To Senior Citizen

Fixed Deposit Interest Rate: If you are thinking of investing in fixed deposits, then this time can be better for you, because many banks are paying more interest on FDs. Due to the increase in the repo rate several times by the Reserve Bank of India, the rate of fixed deposits has increased. From May 2022 to February 2023, RBI has increased the repo rate by 2.5 percent. On February 8, the central bank increased the repo rate by 25 basis points.

Senior citizens get .50 percent more interest on bank fixed deposits than ordinary citizens. Here information is being given about 10 such banks, then they are giving more than 8 percent interest to the people of the elderly category. Let us know which banks are paying how much interest.

These 10 banks are giving high interest to senior citizens

bandhan bank fd rate
Bandhan Bank is giving 8.50 percent interest to senior citizens for 600 days.

yes bank fd
Under Special Fixed Deposit, this private sector bank is paying 8.25 percent interest for 35 months, while it is paying 8 percent interest for 25 months.

Axis Bank FD Rate
​Axis Bank is paying 8.01% interest on FDs of more than 2 years and less than 30 months for senior citizens.

IDFC First Bank FD
This bank is giving 8 percent interest to senior citizens for 18 months to 3 years.

IndusInd Bank FD
For senior citizens, this bank is giving 8.25 percent FD on tenure ranging from two years one month to less than 2 years 6 months. FD interest for 2 years 6 months to 2 years 9 months has been introduced at 8.25 percent. At the same time, interest on FDs ranging from two years 9 months to three years 3 months has been introduced at 8.25.

suryoday fd rate
For senior citizens, this bank is paying 8.51 percent interest on FDs for more than one year and 6 months and for 2 years. Paying 8.76 percent interest on 999 days FD.

RBL Bank FD
8.30 percent interest is being given for 453 days to 459 days, 8.30 percent interest for 460 days to 724 days and 8.30 percent interest for special 725 days.

dcb bank fd rate
8.35 percent interest is being given on FDs of more than 700 days and 36 months.

Equitas Small Finance Bank
This bank is giving 8.5 percent interest to senior citizens for a tenure of 888 on FD. Ujjivan Small Finance Bank is paying 8.75 percent interest for 80 weeks.

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