Fixed Deposit Alert! 7 Banks Giving 9% Interest Rates On FD To Senior Citizens (2024)

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Fixed Deposit Alert! 7 Banks Giving 9% Interest Rates On FD To Senior Citizens (2024)

FAQs

Which bank gives 9 percent interest for senior citizens? ›

Unity Small Finance Bank FD rates for general customers

It offers interest rates between 4.5% to 9% for regular consumers. Senior citizens get an interest rate ranging from 4.5% to 9.5% on deposits maturing in seven days to ten years. The deposit interest rate stands revised from 3 February 2024.

Which bank has the highest FD interest rate for senior citizens? ›

Unity Small Finance Bank FD rates for senior citizens

The bank offers interest rates between 4.50% to 9.50% on tenures ranging from 7 days to 10 years for amounts below Rs 3 crore. The highest interest rate of 9.50% is offered for tenure 1001 Days. The rates are effective from May 1, 2024.

What is the FD interest rate for senior citizens in Federal Bank? ›

Federal Bank FD Rates

Federal Bank offers FD interest rates of 3.00-7.40% p.a. to the general public and 3.50-7.90% p.a. to senior citizens on tenures ranging from 7 days to 2223 days & above.

Which bank gives 8.75 interest rate? ›

Ujjivan Small Finance Bank has revised its fixed deposit (FD) interest rates with effect from July 1, 2024, according to the bank's website. The revised FD rates are applicable for FDs of up to Rs 3 crore. The bank offers the highest interest rate of 8.75% for senior citizens on tenure of 12 months.

What bank has a 9% interest rate? ›

Highest FD interest rates in small finance banks

Unity Small Finance Bank is offering a 9% interest rate for FDs maturing in 1001 days. Suryoday Small Finance Bank is offering an interest rate of 8.65% for FDs maturing in two years and two days.

What is the special FD scheme for senior citizens? ›

Senior Citizen Fixed Deposits (FDs) are term deposit plans with special interest rates offered to individuals who are over the age of 60. The rate of interest on senior citizen FDs in India ranges from 3.00% to 8.50% for tenures ranging from less than one year to more than five years.

What is the senior citizen interest rate on FD in SBI? ›

SBI offers FD interest rates of 3.50%-7.25% p.a. to the general public and 4.00%-7.75% p.a. to senior citizens for tenures ranging from 7 days to 10 years. The interest rate of SBI Tax Saving FD is 6.50% p.a. for the general public and 7.50% p.a. for senior citizen depositors.

Which bank has the highest interest rate on FD in 2024? ›

Which bank gives the highest interest rate on FD? As of 2024, Canara Bank offers the highest interest rate of 7.25% for 444 days.

What is the current Post Office FD rates for senior citizens? ›

Post Office FD Interest Rates 2024
TenureNormal Citizen FD RateSenior Citizen FD Rate
1 year - 1 year6.9%6.9%
1 year 1 day - 2 years7%7%
2 years 1 day - 3 years7.1%7.1%
3 years 1 day - 4 years 11 months 29 days7.5%7.5%

What is RBI senior citizen FD rates? ›

Highest FD interest rate: After the hike, the bank is offering rates of up to 9.25% for the public and 9.75% for seniors. As per the bank's ... Bank FDs with higher interest rates: Banks such as IDBI Bank, Indian Bank, and Punjab & Sindh Bank offer special fixed deposit schemes with ...

What is Union senior citizen FD rates? ›

Union Bank of India FD Interest Rates 2024
TenureNormal Citizen FD RateSenior Citizen FD Rate
2 months 29 days - 3 months 28 days4.8%5.3%
3 months 29 days - 5 months 27 days4.9%5.4%
5 months 28 days - 11 months 29 days6.25%6.75%
1 year - 1 year 1 month 2 days6.75%7.25%
8 more rows

What is the latest FD interest rates for senior citizens in Bob? ›

Bank of Baroda FD Interest Rates 2024
TenureNormal Citizen FD RateSenior Citizen FD Rate
7 days - 14 days4.25%4.75%
15 days - 1 month 14 days4.5%5%
1 month 15 days - 2 months 28 days6%6.5%
2 months 29 days - 5 months 27 days5.6%6.1%
11 more rows

Which bank gives 9% interest on FD? ›

Unity Small Finance Bank offers FD interest rates ranging from 4.50% to 9% for tenures maturing between 7 days and 10 years to general citizens. The highest interest rate of 9% is offered on FDs maturing in 1001 Days. The rates are effective from October 9, 2023.

Which bank gives the highest interest on FD for senior citizens? ›

Comparison of FD rates
  • AXIS Bank. 5.75% - 7.00%
  • SBI Bank. 5.50% - 6.50%
  • Equitas Bank. 3.50% - 7.25%
  • HDFC Bank. 4.50% - 7.00%
  • ICICI Bank. 4.50% - 6.90%
  • Canara Bank. 5.50% - 6.70%
  • Bank of Baroda. 5.50% - 6.50%
  • Punjab National Bank. 4.50% - 6.50%

What is the interest rate for super senior FD? ›

Super Senior Citizen Fixed Deposit (FD) @ 8.75%* Interest Rates.

Where can I get 9 percent interest? ›

Unity Small Finance Bank offers FD interest rates ranging from 4.50% to 9% for tenures maturing between 7 days and 10 years to general citizens. The highest interest rate of 9% is offered on FDs maturing in 1001 Days. The rates are effective from October 9, 2023.

What banks are paying 7% interest? ›

Which Bank Gives 7% Interest on Savings Accounts? Currently, no banks are offering 7% interest on savings accounts, but some do offer a 7% APY on other products. For example, OnPath Federal Credit Union currently offers a 7% APY on average daily checking account balances up to and under $10,000.

What bank is paying the highest interest right now? ›

Summary: The Best High-Yield Savings Accounts
High-Yield Savings AccountStar RatingAPY*
Highest Rated Sofi Bank High-Yield Savings Account Next4.84.60%**
Highest APY UFB Direct Secure Savings Next4.65.25%
Upgrade Premier Savings4.55.21%
EverBank Performance Savings Next4.55.05%
5 more rows
6 days ago

What is the highest interest rate for senior citizens savings scheme? ›

Senior Citizen Saving Scheme (SCSS) vs Fixed Deposit
FeaturesSCSSFD (Tax Saver)
Interest Rate8.2% (July-September 2024)6.50%-8.75% (For Senior Citizens)
Maturity Period5 Year5 Year
Tax Benefits (On Investment)YesYes
Tax Benefits (On Returns)TaxableTaxable
1 more row
Jul 1, 2024

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