10 Small Finance Banks Offering Highest Fixed Deposit Rates To Senior Citizens

Fixed deposits (FDs) are a safe investment choice for investors who seek the safety of money without high returns. FDs offer a guaranteed fixed return upon maturity, making them a reliable and low-risk option. Senior citizens often receive higher interest rates on FD plans.

Senior Citizen Fixed Deposit schemes offer higher interest rates (up to 0.6% p.a. more than regular rates), flexible tenures, premature withdrawal options, and collateral for loans or overdrafts, catering to individuals aged 60 and above. Here, we have listed the names of 10 small finance banks offering the best fixed deposit schemes to senior citizens.

The bank provides an FD rate of 9% per year for general subscribers and 9.5% for senior citizens on deposits with an 1111-day tenure. For general customers, the rates are 7% for 1-year FD, 9% for 3-year FD, and 6.25% for 5-year plans. Senior citizens receive an additional 0.5% benefit and earn rates of 7.5% for 1 year, 9.5% for 3 years and 6.75% for 5 years.

The bank provides an FD rate of 9% p.a. for general subscribers and 9.5% for senior citizens on a 1001-day tenure. Regular customers get a fixed rate of 7.85% for a 1-year FD, 8.15% for a 3-year FD, and 8.15% for a 5-year FD. Senior citizens receive an additional 0.5% interest making their rates 8.35% for 1 year, 8.65% for 3 years, and 8.65% for 5 years.

The bank offers a fixed deposit rate of 8.6% for general customers and 9.1% for senior citizens on deposits with 2 years 2 days tenure. For normal customers, the rates are 8.05% for 1-year FD, 8.6% for 3-year FD, and 8.25% for 5-year FD. Senior citizens receive 0.5% extra rates.

The bank provides an annual FD rate of 8.5% for general customers and 9.1% for senior citizens on a tenure of 2 to 3 years. The rate on 1-year FD is 8%, 3 years FD is 8.5%, and 5 years FD is 7.75%. Senior citizens are offered an additional 0.60%.

The bank provides FD rates for general customers at 8.3% annually, and senior citizens at 8.8% for FDs with 18-24 months tenure. The rates are 6% for 1-year FD, 7.5% for 3-year FD, and 6.5% for 5-year FD. With an additional 0.50% for senior citizens, the rates are 6.5% for 1 year, 8% for 3 years, and 7% for 5 years.

The bank offers an FD rate of 8.25% per annum for general customers and 8.75% to senior citizens on a tenure of 1 year to 3 years. The rates are 8.25% for 1-year FD, 8.25% for 3 years FD, and 8.20% for 5 years FD. The bank offers an additional 0.50% to senior citizens.

The bank provides a fixed deposit rate of 8.25% per annum for general customers and 8.75% for senior citizens with a 444-day FD tenure. The rates for a 1-year FD are 8.10%, 3-year FD 8%, and 5-year FD is 7.25%. The bank offers an additional 0.50% to senior citizens.

The bank is offering an FD rate of 8.25% per annum to general customers and 8.75% to senior citizens on 1 year FD tenure. The rates are 8.25% for 1-year FD, 7.20% for 3-year FD, and 7.20% for 5-year FD. The bank offers an additional 0.50% to senior citizens, resulting in rates of 8.75% for 1 year, 7.70% for 3 years, and 7.70% for 5 years.

The bank offers an FD rate of 8.25% annually to general customers and 8.75% to senior citizens on tenures ranging from 18 months to 2 years and 3 days. The rates are 7.05% for a 1-year FD, 7.30% for a 3-year FD, and 7.75% for a 5-year FD. The bank is offering an additional 0.50% to senior citizens, giving them rates of 7.55% for 1 year, 7.80% for 3 years, and 8.25% for 5 years.

The bank is offering an FD rate of 8.25% per annum for general customers and 8.75% for senior citizens on a tenure of 2 to 3 years. The rates are 6% for 1-year FD, 6.75% for 3-year FD, and 6.25% for 5-year FD. Senior citizens receive an additional 0.50%.