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Check what SBI, BoB, Canara Bank and other banks are currently offering to senior citizens on fixed deposits
- Written by ZeeBiz WebTeam
Published: Zee Business| Updated: Zee Business
The interest rate on an FD is fixed when the account is opened. The period during which funds are invested in a fixed-term deposit can be from seven days to 14 days or for up to 10 years.
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Know what Banks like SBI, BoB are offering on FDs
1/10Now, let's take a look at the fixed deposit interest rates that SBI, BoB, Canara Bank, Axis Bank, ICICI Bank, and HDFC Bank are currently offering to senior citizens.
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SBI FD rates for senior citizens
2/10On 444 days - Amrit Vrishti, SBI offers 7.75 per cent interest rates to senior citizens.
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SBI 1yr-3yr-5-yr FDs
3/10The State Bank of India (SBI) offers a 7.30 per cent interest rate on 1 Year FD while providing a 7.25 per cent FD interest rate on 3 years FD scheme. On 5-yr FD, the bank gives 7.50 per cent interest rate.
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BoB FD rates for senior citizens
4/10On 399 days - BoB Monsoon Dhamaka, BoB offers 7.80 per cent interest rates to senior citizens.
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BoB 1yr-3yr-5-yr FDs
5/10The Bank of Baroda offers a 7.35 per cent interest rate on 1-year FD while providing a 7.65 per cent FD interest rate on 3 3-year FD scheme, and 7.15 per cent on 5-year FD.
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ICICI Bank- 1yr-3yr-5yr FD rates
6/10ICICI offers a 7.20 per cent interest rate to senior citizens in one year, 7.50 per cent in three years, and 7.50 per cent in five years.
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Axis Bank- 1yr-3yr-5yr FD rates
7/10Axis Bank offers a 7.20 per cent interest rate to senior citizens in one year, 7.60 per cent in three years, and 7.75 per cent in five years.
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Canara Bank- 1yr-3yr-5yr FD rates
8/10Canara Bank offers a 7.35 per cent interest rate to senior citizens in one year, 7.30 per cent in three years, and 7.20 per cent in five years.
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HDFC Bank- 1yr-3yr-5yr FD rates
9/10HDFC Bank offers 7.10 per cent interest rate to senior citizens in one year, 7.50 per cent in three years, and 7.50 per cent in five years.
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Punjab National Bank
10/10PNB offers a 7.30 per cent interest rate to senior citizens in one year, 7.50 per cent in three years, and 7.00 per cent in five years.
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