Senior Citizens FD Interest Rates Banks | Banks that offer higher interest on senior citizen FD accounts

by time news

Banks offer better interest on Fixed Deposit Accounts and more so on Fixed Deposit Accounts of Senior Citizens.

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HDFC Bank offers 2.75% annual interest on 7 days to 14 days deposit of senior citizens. HDFC Bank offers an annual interest rate of 6.60% on senior citizens’ deposits for tenures of 3 years to 5 years.

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HDFC Bank offers 6.50% annual interest on deposits of senior citizens over 5 years.

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SBI Bank offers 6.45% annual interest on deposits of senior citizens for tenure of 5 years to 10 years.

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ICICI Bank offers 6.60% annual interest on deposits of senior citizens over 3 years, with a minimum deposit of Rs.10,000 to open an FD account with this bank.

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