Senior Citizens FD: This bank is giving 8.85% interest on 500 days FD, customers have tremendous earning opportunity

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Jana Small Finance Bank is giving 8.85% annual interest to senior citizens and 8.15% to general customers. The bank is paying 8.85 per cent interest on 500 days FD. The interest offered on Jana Small Finance Bank’s 500 days FD is more than the SCSS scheme i.e.

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Senior Citizen Savings Scheme scheme. Currently, customers are getting 8 percent interest under the Senior Citizen Savings Scheme.

Bank is giving special FD

Ajay Kanwal, MD & CEO, Jana Small Finance Bank said that the bank is offering special FDs to its customers on its 5th anniversary. This offer will benefit senior citizens. Jana Small Finance Bank is celebrating its fifth anniversary this year on 28 March 2023. The bank said that the special FD scheme will be available to both new and existing customers of Jana Small Finance Bank.

Customers can book or invest in FDs from the comfort of their homes or offices through Internet Banking. Under the special FD, the bank is giving 8.15 per cent interest to the common people and 8.85 per cent to senior citizens on 5-year FDs.

Jana Small Finance Bank is giving an annual interest of 8.85% to senior citizens and 8.15% to general customers.

Getting so much interest

Jana Small Finance Bank (SFB) is offering 3.75 per cent interest on FDs maturing in 7-14 days. At the same time, FD of 15-60 days is 4.25 percent. For a period of 61 to 90 days, the bank is paying interest at the rate of 5.25 per cent. Offering interest at the rate of 5.50 per cent to customers for a period of 91 to 180 days. On FDs of 181-364 days, customers will get interest at the rate of 7.00 per cent.

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