Highest FD Interest Rates for Senior Citizens: World Senior Citizen Day, celebrated for the first time in the year 1991, is now celebrated every year on 21 August. Today is 21 August and World Senior Citizen Day is being celebrated all over the world today. To make this special occasion memorable, you can open an FD account in the name of your parents, grandparents. Here we will tell you about those banks which are giving a huge return of 9.5 percent to senior citizens.

These banks are giving more interest than regular commercial banks

Yes, all the small finance banks of the country are offering higher interest on fixed deposits to senior citizens than regular commercial banks. Here we have taken out information about the highest interest plans being given on FDs to senior citizens by 6 different small finance banks. The maximum interest in these is 9.5 percent and the minimum interest is 8.75 percent.

Jana Small Finance Bank

Jana Small Finance Bank is giving 8.75% interest to senior citizens on FDs with tenure of 365 days, 730 days and 1095 days.

Equitas Small Finance Bank

Equitas Small Finance Bank is giving 9.00% interest to senior citizens on FDs with tenure of 444 days.

Utkarsh Small Finance Bank

Utkarsh Small Finance Bank is giving 9.10% interest to senior citizens on FDs with tenure of 730 days to 1095 days and 1500 days.

Also Read- Special FD: These banks are offering up to 8.85% interest on limited period FDs, get FD done quickly

Suryoday Small Finance Bank

Suryoday Small Finance Bank is offering 9.10% interest to senior citizens on FDs with tenures ranging from 2 years to 3 years.

Unity Small Finance Bank

Unity Small Finance Bank is offering 9.50% interest to senior citizens on FDs with tenures ranging from 1001 days.

North East Small Finance Bank

This bank is offering 9.50% interest to senior citizens on fixed deposits with tenures ranging from 546 days to 1111 days.

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In such a situation, if you are also planning for retirement and want to get good interest on your deposits, then there is good news for you! Many banks are offering special schemes to senior citizens, in which they get more interest than regular customers. Today we will tell you about some such banks, where senior citizens are getting the highest interest on FD.

State Bank of India (SBI)

SBI is offering the highest interest of 7.30% on 400 day Amrit Kalash Scheme. At the same time, 7.25% interest is available on one year FD, 7.25% interest on three year FD and 7.50% interest on five year FD.

Also Read: Bank Holidays June 2024: Banks will remain closed for 10 days in June, check RBI list

Punjab National Bank (PNB)

PNB is offering a high interest rate of 7.75% on 400-day FDs. At the same time, 7.25% interest is being given on one-year FDs, 7.50% on three-year FDs and 7.00% on five-year FDs.

Bank Of Baroda

Bank of Baroda is giving the highest interest rate of 7.75% on 2-3 year FDs. Whereas, 7.35% interest is being given on one year FD, 7.75% on three year FD and 7.15% on five year FD.

Canara Bank

Canara Bank is offering high interest rate of 7.35% on 444 day FD. At the same time, 7.35% interest is available on one year FD, 7.30% interest on three year FD and 7.20% interest on five year FD.

HDFC bank

HDFC Bank is giving the highest interest rate of 7.75% on FDs of tenures less than 5 years 1 day to 10 years and 18 months to 21 months. At the same time, 7.10% interest is being given on one year FD, 7.50% interest is being given on three year and five year FD.

ICICI Bank

ICICI Bank is offering a high interest rate of 7.75% on FDs of 15 months to 2 years. At the same time, 7.20% interest is being given on one year FD, 7.50% interest is being given on three year and five year FD.

Kotak Mahindra Bank

Kotak Mahindra Bank is offering the highest interest of 7.90% on FDs of tenure ranging from 390 days to less than 23 months. At the same time, 7.60% interest is being given on one year and three year FD, while 6.70% interest is being given on five year FD.

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