Photo Credit: A senior citizen couple at one of Ashiana Housing’s senior living projects. (Source: Ashiana Housing)
Find out which are these five Banks offering these attractive interest rates on FD
Senior citizens can receive interest rates ranging from 3.50% to 7.50% on fixed deposits for terms of 2 years to less than 3 years. The bank is also giving older citizens an interest rate as high as 7.60% under the exclusive 400-day deposit plan known as the Amrit Kalash plan.
Photo Credit: Source: SBI Logo
Senior citizens will receive an interest rate of 8.50%, while super senior citizens will receive an interest rate of 8.85% on the Utkarsh 222 Days plan with Punjab & Sind Bank.
Photo Credit: Source: PSB Logo
For a term of 666 days, this PSU bank offers senior citizens 7.75% FD interest rates, and 8.05% interest rate is offered to super senior citizens.
Photo Credit: Source: PNB Logo
UBI is offering 7.80% FD interest rate for senior citizens for a tenure of 800 days and 8.05% to super senior citizens for the same tenure, on term deposits up to Rs. 5 Crores.
Photo Credit: Source:Twitter @UnionBankTweets
Indian Bank provides 7.2% interest rate to senior citizens and 7.45% interest rate to super senior citizens, with a tenure of two years to less than three years.
Photo Credit: Source: Twitter @MyIndianBank