Senior residents get a barely greater rate of interest on FDs than basic residents. Nevertheless, the speed of curiosity varies from financial institution to financial institution and relies on numerous elements, together with tenure. Due to their assured return characteristic, FDs are thought-about the most secure kind of funding, and they’re extremely popular amongst senior residents. They’ve completely different tenures starting from seven days to 10 years. The senior citizen FD scheme is out there to Indian residents aged 60 and above.
This text will present numerous senior citizen FD charges supplied by completely different private and non-private banks. Learn to know:
SBI FD charges
Public lender offers 7.10 per cent rate of interest to senior residents on 444 days – Amrit Vrishti scheme, whereas it offers 6.75 per cent, 7.80 per cent, and seven.05 per cent rates of interest on 1-year, 3-year, and 5-year FD plans, respectively.
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BoB FD charges
Financial institution of Baroda (BoB) offers a 7.10 per cent rate of interest to senior residents on 444 days – BoB Sq. Drive Deposit Scheme, whereas it offers a 7 per cent rate of interest on 1-year, 3-year, and 5-year FD plans.
PNB FD charges
Punjab Nationwide Financial institution (PNB) offers a 7.10 per cent rate of interest to senior residents on a 390-day FD scheme, whereas it offers 6.90 per cent, 7 per cent, and 6.80 per cent rates of interest on 1-year, 3-year, and 5-year FD plans, respectively.
Canara Financial institution FD charges
Canara Financial institution offers a 7 per cent rate of interest to senior residents on a 444-day FD scheme, whereas it offers a 6.75 per cent rate of interest on 1-year, 3-year, and 5-year FD plans, respectively.
ICICI Financial institution FD charges
ICICI Financial institution offers 7.10 per cent rate of interest to senior residents on a 2-year 1-day to 10-year FD scheme, whereas it offers 6.75 per cent rate of interest on 1-year FD, and seven.10 per cent rates of interest on 3-year, and 5-year FD plans.
HDFC Financial institution FD charges
HDFC Financial institution offers a 7.10 per cent rate of interest to senior residents on an 18-month to lower than 21 months FD scheme, whereas it offers 6.75 per cent, 6.95 per cent, and 6.90 per cent rates of interest on 1-year, 3-year, and 5-year FD plans, respectively.
Axis Financial institution FD price
Axis Financial institution offers a 7.35 per cent rate of interest to senior residents on a 5-10 12 months FD plan, whereas it offers 6.75 per cent, 7.10 per cent, and seven.35 per cent rates of interest on 1-year, 3-year, and 5-year FD plans, respectively.
