These five banks are offering up to 9.5% interest on FD to senior citizens, see full list

FD Rates for Senior Citizens: After raising fixed deposit interest rates for a long time, many banks have started cutting them. But there are many small finance banks that are offering inflation rate of interest to senior citizens (Senior Citizen FD Scheme). The country’s inflation rate rose to 7.44 percent (Inflation in India) in July. In such a situation, senior citizens are getting 9 to 9.50 percent interest rate on FD scheme in these banks. Let us tell you which banks will give you the highest returns by investing your money.

1. Unity Small Finance Bank

Unity Small Finance Bank is offering interest rates ranging from 4.50% to 9.50% on 7 day to 10 year FDs to senior citizen customers. The bank is offering the highest interest rate of 9.50% on FD of 1001 days. On the other hand, general customers are getting the benefit of interest rates ranging from 4.50% to 9.00%.

2. Fincare Small Finance Bank

Like Unity Small Finance Bank, Fincare Small Finance Bank is also offering great returns on its FD scheme to senior citizens. The bank is offering interest rates ranging from 3.60 percent to 9.11 percent on FDs of 7 days to 10 years. The highest interest rate i.e. 9.11% is being offered to senior citizens on 750 days FD.

3. Jana Small Finance Bank

Jana Small Finance Bank is offering interest rates ranging from 3.50% to 9.00% on FDs of 7 days to 10 years. The bank is offering the highest interest rate i.e. 9% return on 2-3 years FD to senior citizens.

4. Suryoday Small Finance Bank

Suryoday Small Finance Bank (Suryoday Small Finance Bank) is offering senior citizens an excellent interest rate on FD scheme that is able to beat inflation. The bank is offering interest rates ranging from 4.50 percent to 9.10 percent on FDs of 7 days to 10 years. Maximum interest rate bank is giving only on 15 months to 2 years FD.

5. ESAF Small Finance Bank

ESAF Small Finance Bank is also offering interest rates ranging from 4.50 percent to 9.50 percent on FDs of 7 days to 10 years. The highest interest i.e. 9 percent return is offered by the bank for a period of 2 to 3 years.

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