Fixed Deposit Interest Rate: Numerous investment choices exist in the market, with fixed deposits remaining a popular option for investors. Elderly individuals also put their money into Fixed Deposits. Numerous banks provide greater profits for elderly customers in comparison to regular clients. If you are an elderly individual looking to invest in FDs, we are sharing information on private FD schemes with higher interest rates for seniors.
DCB Bank
DCB Bank provides senior citizens with a fixed deposit interest rate of 8.55 percent. This bank provides a 7.60 percent interest rate for a one-year FD, an 8.05 percent interest rate for a three-year FD, and a 7.90 percent interest rate for a five-year FD. This bank provides senior citizens with an interest rate of 8.55 percent.
Bandhan Bank
Bandhan Bank provides interest rates of 8.55 percent for a one-year fixed deposit, 7.75 percent for a three-year fixed deposit, and 6.60 percent for a five-year fixed deposit. This bank provides senior citizens with a interest rate of 8.25 percent. The bank provides 7 percent interest for a one-year FD, 7.30 percent for a three-year FD, and 7.25 percent for a five-year FD. This bank provides senior citizens with an interest rate of 8.60 percent on fixed deposits. Also, an 8 percent interest rate is available for a fixed deposit lasting one year, 8 percent for a fixed deposit lasting three years, and 7.60 percent for a fixed deposit lasting five years. Elderly individuals receive an 8.75 percent interest rate from this financial institution.
Moreover, there are also interest rates available at 7.55 percent for a one-year period, 7.80 percent for a three-year period, and 8.25 percent for a five-year fixed deposit. Elderly individuals are receiving an interest rate of 8.25 percent on fixed deposits at this financial institution. An interest rate of 8.25 percent is available for a one-year fixed deposit, while a rate of 7.75 percent is offered for both three-year and five-year fixed deposits.