Jan 15, 2024, 11:07 AM IST
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 provides the highest interest rate of 8.10% on a 3-year FD for senior citizens.
IndusInd Bank and RBL Bank are providing 8% each on a 3-year FD.
This bank gives 7.80% interest rate on senior citizen FDs.
The trio of banks gives a 7.75% interest rate on FDs.
Kotak Mahindra Bank provides a 7.60% interest rate on FDs.
All these banks give a 7.50% interest rate each on FDs to senior citizens.
Karur Vysya Bank provides 7.40% returns on FDs.
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