http://fdcalculator.co/fixed-deposit-interest-rates/ WebIf you were to compare this with the other FD rates offered by banks, then it is easy to see that senior citizens are offered a higher rate of interest. For example, Yes Bank offers 5% to 7.10% ROI for a tenor of 7-10 years in the general category, but to senior citizens, they offer 7.40% for a short tenor of three to six months.

High Interest Rates on Senior Citizens Savings Scheme - IndusInd Bank

WebApr 10, 2024 · Senior citizens will also receive a 7 per cent interest rate on fixed deposits maturing between one and two years. Indian Overseas Bank will give a 7.75 per cent … WebOct 14, 2024 · If a senior citizen puts a fixed deposit under the special FD scheme, then the interest rate applicable to the FD will be 6.20%. These rates are with effect from 8 January … don\u0027t worry darling soundtrack vinyl

SBI re-launched special FD scheme, investors will get higher …

WebApr 15, 2024 · This 400 days term deposit offers a rate of 7.1 per cent for the general customer and a 50 basis point (bps) higher (7.6 per cent) for senior citizens, according to the SBI website. WebJun 4, 2024 · Interest Rate for Fixed Deposit (Senior Citizens) of 5 – 10 Years The highest interest rate is offered by Bandhan Bank (2 years to less than 7 years) at 8.25%. Interest Rate for Fixed Deposit of more than 10 Years The Ratnakar Bank and IDBI bank offers fixed deposit of up to 20 years. Helpful Posts on Fixed Deposits WebFeb 22, 2024 · The features of SBI fixed deposit are as follows: The tenure of the deposits can range from 7 days to 10 years. Interest is payable on a monthly, quarterly or calendar quarter basis, as per the client’s requirement. Senior citizens get extra interest of 0.25% for deposits above Rs 10,000. city of jamestown colorado