FD is considered a safe way of investment. There is not much expectation of return in this, but in terms of safety they remain on top. However, there are some banks which are offering returns up to 8 percent. This special offer is being given to senior citizens.
Today we are telling you about 4 such banks which are giving up to 8 percent interest on FD to senior citizens. Getting 8 percent return on FD is quite attractive. This is because FD i.e. Fixed Deposit is not known for returns.
However, let us know which those 4 banks are. The first bank is Punjab and Sindh Bank. Here common people are getting 7.40 percent return on FD of 444 days. This bank gives 0.50 percent additional interest to senior citizens. This offer can be availed only till 31 January 2024.
CSB Bank. It is offering a special FD named Acharya Fixed Deposit to senior citizens. Under this scheme, senior citizens can get 7.75 percent interest on FD of 401 days. The bank has revised the interest rates on 1 December.
IndusInd Bank- On December 1, this bank also revised FD rates. This bank is offering interest up to 8 and 8.25 percent. 8.25 percent interest is available on FDs of 1 year to 2 years and 8 percent interest on FDs of more than 2 years to less than 61 months.
Capital Small Finance Bank- This bank is giving maximum interest of 8.10 percent on FD of 400 days. Apart from this, 8 percent interest is being offered on 12 month FD, 7.90 percent interest is being offered on 600 and 900 day FD.
