Jan 15, 2024, 11:07 AM IST

7 banks with highest interest rates on 3-year FDs for senior citizens

ZeeBiz Webdesk

Fixed Deposits (FDs) are a popular investment option for investors seeking guaranteed returns and fixed income. Senior citizens get extra interest rates on FDs from different banks. 

Here are the seven banks that give the highest interest rates on FDs to senior citizens.

DCB Bank

DCB Bank provides the highest interest rate of 8.10% on a 3-year FD for senior citizens.

IndusInd Bank, RBL Bank

IndusInd Bank and RBL Bank are providing 8% each on a 3-year FD.

SBM Bank India

This bank gives 7.80% interest rate on senior citizen FDs.

IDFC First Bank, Bandhan Bank, Bank of Baroda

The trio of banks gives a 7.75% interest rate on FDs.

Kotak Mahindra Bank

Kotak Mahindra Bank provides a 7.60% interest rate on FDs.

Punjab National Bank, Federal Bank, HDFC Bank & ICICI Bank

All these banks give a 7.50% interest rate each on FDs to senior citizens.

Karur Vysya Bank

Karur Vysya Bank provides 7.40% returns on FDs.

Images: Freepik