WebApr 14, 2024 · The upper limit for interest rate includes interest rate on senior citizen FDs. Bank Name Tenure Interest Rate Post office Fixed Deposit 1 year to 5 years 6.8% to 7.50% Kotak Bank Fixed Deposit 7 days to 10 years 2.75% to 7.70% ICICI Fixed Deposit 7 days to 10 years 3% to 7.60% WebNov 16, 2024 · Senior Citizen Fixed Deposit: Process, Interest Rates and Benefits. Banks recommend senior citizen fixed deposits to elderly citizens who are nearing retirement or are already retired. With FDs, they not only get better security but are also able to have peace of mind knowing they have chosen a safe investment option.
Senior citizen bank fixed deposit (FD) rates above 9%. Check
Web1 day ago · IDBI Bank promises a maximum interest rate of 7.15% for the general public and 7.65% for senior citizens on the "Amrit Mahotsav FD" scheme of 444 Days tenure … WebApr 6, 2024 · On a deposit tenor of 500 days, the general customer will get a maximum return of 7.75 per cent whereas senior citizens can gain 8.35 per cent. Whereas, for … note taking app to use with stylus
6 banks offering above 8% interest on 3-year fixed deposits (FDs) …
WebDec 1, 2024 · Union Bank of India offers an additional rate component (over and above the normal interest rate applicable) to resident Senior and Super senior citizens on term deposits up to Rs. 5.00 Crores in all of its domestic term deposits scheme. For rate of interest of term deposits for RS. 2 Crores and above, please contact the nearest branch … Web1 day ago · Senior citizens can get an interest rate of 9 per cent for fixed deposits maturing in 888 days. For others, the interest rate on fixed deposits can go up to 8.5 per cent for deposits maturing in 888 days. The new … Web7 hours ago · IndusInd Bank offers the highest interest rate of 8.25 per cent to senior citizens for FDs maturing between one year and six months and two years and nine months. These rates are effective from March 22, 2024. Axis Bank Axis Bank offers the highest interest rate of 8.01 per cent on fixed deposits maturing in two years to less … how to set hanging indent in word