Senior Citizen FD Rates: This news is for you if you are one of the senior citizen customers. Customers of the nation’s banks are receiving generous interest rates on their fixed deposits (FD). These banks are also offering their senior citizen clients significantly higher interest rates than their standard rates.
Lucrative Interest Rates for Seniors
Senior citizens can receive interest rates of up to 9.50% from a few of these Small Finance Banks (SFBs). We would like to inform you that these banks additionally offer up to Rs 5 lakh in insurance coverage for your deposits. Let us Tell you about seven of these tiny finance banks that provide senior citizens interest rates of nine percent or higher nowadays.
Unity Small Finance Bank
Senior citizen clients of Unity Small Finance Bank can take advantage of 9.50% interest on 1001-day fixed deposits.
Utkarsh Small Finance Bank
For a two- to three-year fixed deposit, Utkarsh Small Finance Bank is offering its senior citizen customers 9.10% interest.
Suryoday Small Finance Bank
Senior citizen clients of Suryoday Small Finance Bank can receive 9.10% interest on fixed deposits for periods longer than two years and up to three years.
Jana Small Finance Bank
Senior citizen clients of Jana Small Finance Bank can receive 9.10% interest on fixed deposits for periods longer than two years and up to three years.
Fincare Small Finance Bank
Senior citizen clients of Fincare Small Finance Bank are eligible for a 750-day fixed-rate deposit (FD) at 9.11% interest.
Equitas Small Finance Bank
Senior citizen clients of Equitas Small Finance Bank can get 9% interest on 444-day fixed deposits.
ESAF Small Finance Bank
Senior citizen clients of ESAF Small Finance Bank are eligible for 9% interest on FDs with terms ranging from two to less than three years.
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