Let us tell you that under the Inspire facility of Bandhan Bank, you will get the benefit of interest at the rate of 8.35 percent per annum on FD of 500 days. The bank has issued a statement regarding this.

The bank issued a statement

The bank has said in the statement that ‘Inspire’ will also provide an advanced banking experience along with health care benefits. It will extend existing benefits like preferential interest rates, priority banking services and doorstep banking facilities to the bank’s ‘Senior Citizen Customers’.

7.5 percent interest on tax saving FD

Bandhan Bank is offering attractive interest rates on fixed deposits to senior citizens. Senior citizens can avail interest up to 8.35 percent for a period of 500 days. Apart from this, senior citizens can avail the benefit of 7.5 percent per annum on tax saver FD.

Sujoy Roy said this

Sujoy Roy, Head of Branch Banking, Bandhan Bank, said that we recognize the importance and need of financial independence at every age. Bandhan Bank has come up with this carefully designed benefit offering for senior citizens.

These facilities will be available from doctor consultation at cheap rates.

Bandhan Bank said that you will get many special benefits under the ‘Inspire’ program. In this you will get the benefit of special discounts on purchase of medicines, diagnostic services and medical treatment. Apart from this, you will also get the benefit of discount on doctor consultation. There will also be discounts on medical checkups, dental care and healthcare service providers.

Senior citizens talk directly to bank officials

Along with this, it is also planning to include additional features like direct access to phone banking officer to ease the banking experience of senior citizen customers.

The post Senior citizens: Good news! Bank launches a special facility for senior citizens, Will get these benefits first appeared on Rightsofemployees.com.

At present, the RBI has kept the interest rates stable in the current financial year in the meeting of the Monetary Policy Committee (MPC) on Thursday. At present, from private to government, small finance banks, foreign banks and small private banks are offering fierce interest on all FDs. Today, here we are telling you about the interest rate of top 10 banks on FD for a period of three years.

If you are going to invest in FD for higher interest, then you can invest in these FDs, by investing in which you can avail good interest. FD is not only a safe investment option but now it has also become a source of good returns. Banks have increased the interest rates of FD significantly.

1. HDFC Bank is offering interest rates ranging from 3.00% to 7.25% on FDs ranging from 7 days to 10 years to its general customers.

2. ICICI Bank is offering interest rates ranging from 3.00 per cent to 7.60 per cent on FDs ranging from 7 days to 10 years on FDs of less than Rs 2 crore to its general customers.

3. State Bank of India is offering its customers an interest rate of 3.00% to 7.10% on FDs of 7 days to 10 years on FDs of less than 2 crores.

4. Axis Bank is offering 3.50 to 7.85 percent interest rate on FDs of less than Rs 2 crore to its general customers. This interest is being offered on FDs ranging from 7 days to 10 years.

5. Bank of Baroda (BOI) is offering interest rate ranging from 3.00 per cent to 7.25 per cent on its FDs ranging from 7 days to 10 years. The bank is offering these rates to general customers on deposits of less than Rs 2 crore.

6. PNB is offering interest rate ranging from 3.50% to 7.50% on its FDs ranging from 7 days to 10 years. The bank is offering these rates to general customers on deposits of less than Rs 2 crore.

7. Union Bank is offering interest rate ranging from 3.00% to 7.00% on its FDs ranging from 7 days to 10 years. The bank is offering these rates to general customers on deposits of less than Rs 2 crore.

8. Canara Bank is offering interest rate ranging from 4.00 percent to 7.25 percent on its FDs ranging from 7 days to 10 years.

9. Kotak Mahindra Bank is offering interest rates ranging from 2.75 per cent to 7.20 per cent on its FDs ranging from 7 days to 10 years.

10. Yes Bank is offering interest rate ranging from 3.25% to 7.50% on its FDs ranging from 7 days to 10 years.

The post Fixed Deposit Rates: Top 10 banks of the country are giving the highest interest on FD, check the interest rate before investing money first appeared on Rightsofemployees.com.

Banks are also giving the benefit of extra interest on FD to senior citizens. Apart from this, in this budget also, the maximum deposit limit for Senior Citizen Savings Scheme has been increased from Rs 15 lakh to Rs 30 lakh. In such a situation, let us know that how much interest rate are being offered by five big government banks of India on fixed deposits.

State Bank of India (SBI)

India’s largest bank State Bank of India (SBI) is offering 7.5 per cent annual interest rate on FDs to senior citizens. This interest rate is for a period of 5-10 years. On the other hand, for the rest of the people, this interest rate is 6.50 percent. At the same time, SBI has also started an FD scheme named Amrit Kalash with a tenure of 400 days. In which senior citizens will get an interest rate of 7.60 percent. This scheme is till 31 March 2023 only.

Punjab National Bank (PNB)

Punjab National Bank (PNB) is offering 5 years FD interest rate of 7% to senior citizens. At the same time, this bank is offering 7.3% interest to senior citizens for a period of 5 to 10 years. For the common people, the bank is offering 6.50% FD interest rate for 3 to 10 years. Recently, PNB has increased interest rates on several fixed deposit tenures by up to 30 basis points (bps). The new interest rates have come into effect from February 20.

Central Bank of India (CBI)

Central Bank of India has announced an interest rate of 6.92 per cent per annum to senior citizens on FDs of 5 years and above and up to 10 years. The same interest rate is applicable for FDs of 3 to 5 years.

Canara Bank

Leading public sector bank Canara Bank is offering an annual interest rate of 7 percent to senior citizens on FDs with a tenure of up to 5 years. This interest rate is applicable to FDs with a maturity of more than 3 years and less than five years. For deposits above Rs 15 lakh and less than Rs 2 crore, the bank is offering an interest rate of 7.45 per cent per annum.

Bank of India (BOI)

Bank of India is offering 6.75 per cent interest on fixed deposits of less than 5 to 8 years to senior citizens. The same rate is applicable for periods above 8 years and 10 years. The bank is offering 7.25% interest rate to senior citizens for FD scheme from 2 years to less than 5 years.

The post Senior Citizen highest Benefit: These 5 banks are giving the benefit of higher interest to senior citizens, see the complete list first appeared on Rightsofemployees.com.

The bank has made a big change for the customers from January 1. Customers keeping Fixed Deposit in PNB will get many other benefits along with higher interest. The bank has given information about this on the official website.

PNB has given information on the official website According to the official website of PNB, the bank has increased the interest rates of FD. From now on, customers will get the benefit of 50 basis points more interest on FD. Along with this, interest rates on savings account have also increased by 25 basis points.

There has also been a change in the rates of FDs.

If we talk about the rates of fixed deposits, interest will be available at the rate of 3.50 per cent on FDs of 7 to 45 days. At the same time, interest will be available at the rate of 4.50 percent on FDs of 46 days to 179 days.

Interest increased on FD of which period?

Apart from this, if we talk about FD of 1 year to 665 days, then it has increased by 45 basis points, after which you will get interest at the rate of 6.75 percent. 7.25 percent interest will be available on FD of 666 days. 6.75 percent interest will be given on FDs of 667 days to 2 years, 6.75 percent interest on FDs of more than 2 years and up to 3 years, 6.50 percent interest on FDs of 3 years to 10 years.

How much interest will be available on savings account?

If you have a savings account of less than Rs 10 lakh, then you will get the benefit of 2.70 per cent interest per annum. On the other hand, if your balance amount is more than Rs 10 lakh and less than Rs 100 crore, then you will get the benefit of interest at the rate of 2.75 percent. At the same time, an account with an amount of more than 100 crores will get interest at the rate of 3 percent.

The post Good news for PNB customers, bank made this big change, crores of customers will get more benefits first appeared on Rightsofemployees.com.

Now that most banks have increased the interest on FDs, it has become the most attractive option. Many banks are offering more than 8% interest on FD. It has come down from 4.40 percent to 6.25 percent after the Reserve Bank of India (RBI) increased the repo rate 5 times. Since then, most of the public and private sector banks have increased interest rates by up to 2 percent this year. Here you are being told about such special schemes of banks.

1. SBI Wecare Fixed Deposit Scheme

India’s largest bank State Bank of India (SBI) is offering special interest rate to senior citizens on FD. The special FD scheme available to senior citizens has been named SBI WeCare. The bank is giving an extra interest of 0.30 per cent in this. The bank is offering the plan for a minimum of 5 years and a maximum of 10 years. The bank is offering an interest of 7.25 per cent on this.

2. HDFC Senior Citizen Care FD

HDFC Bank Senior Citizen Care FD was launched on 18 May 2020 and closed on 30 September 2022. However, it was later resumed. HDFC Bank is giving FD for senior citizens from 5 years 1 day to 10 years, in which interest is being received even after 0.50 percent. You can take advantage of this scheme till 31 March 2023.

3. ICICI Bank Golden Years

ICICI Bank has come up with a special FD deposit scheme for its senior citizen customers. In this, 0.10 is received after an additional interest of 0.50 percent. This interest rate is available on FDs ranging from 5 years and 1 day to 10 years. This scheme is valid till 7 April 2023. It is available on deposits of less than Rs 2 crore.

4. PNB 666 days FD (PNB’s 666-days fixed deposit)

Public sector bank Punjab National Bank launched 666 days FD scheme on Christmas for its general investors and senior citizens. Under the special scheme, PNB is offering a maximum interest rate of 7.25 per cent for general public and 7.75 per cent for senior citizens. Super Senior Citizen i.e. people above 80 years of age is paying interest of 8.05 per cent.

The post Special FD Schemes: These 4 banks are offering special FD, get higher interest, avail benefits soon first appeared on Rightsofemployees.com.

Persons above 60 years of age are called senior citizens and those above 80 years of age are called super senior citizens Persons above the age of 60 years are called senior citizens and those above the age of 80 years are called super senior citizens. Many banks offer higher interest to their customers. Here we are giving you the list of 4 banks which are offering more interest to super senior citizens.

Punjab National Bank

According to PNB’s website, super senior citizens above 80 years of age get 80 basis points i.e. 0.80 per cent more interest. PNB is offering a maximum interest of 8.10% to Super Senior Citizens for a tenure of 666 days. This rate has come into effect from 12 December 2022. Apart from this, senior citizens of 60 to 80 years are being given 0.50 percent more interest on 5-year FDs. This interest is being given on FDs of less than Rs 2 crore.

RBL Bank

For people aged 80 years and above, an additional interest of 0.75% per annum is being given. At present the bank gives 8.30% interest to senior citizens. These new rates have come into effect from 25 November 2022. Apart from this, super senior citizens can take advantage of an additional interest of 0.50% per annum.

Indian Bank

Indian Bank is giving 0.25% extra interest to super senior citizens. It is being given after the extra interest of 0.50 per cent being given to senior citizens.

Union Bank of India

An additional interest of 0.75 per cent is being given to all super senior citizens. These new rates have come into effect from 1 December 2022. The bank is giving a maximum interest of 8.05% to Super Senior Citizens. These rates are being given on FDs ranging from 800 days to 3 years.

The post FD Rate Increased: These 4 banks are giving bumper interest on FD, only these customers can avail first appeared on Rightsofemployees.com.