Best interest on FD available here, if you invest you will get huge returns, check here.

Senior citizens are being offered 0.50% higher interest.- India TV Paisa
Image: File Senior citizens are being offered 0.50 percent higher interest.

If you have enough funds and want to invest it in a safe option with better returns, now is the right time to invest in Fixed Deposit (FD). There are some banks or financial institutions that are currently offering investment in FD (Fixed Deposit) at attractive interest rates. These include government banks, private banks and NBFC companies where you can invest money. If you are a senior citizen, you will be offered a higher interest rate of 0.50%.

SBI’s FD

Public sector and country’s largest bank is offering interest rate (sbi fd rate) between 3% to 7.10% for all customers. The interest rate for senior citizens ranges from 3.5% to 7.6%. These rates were last revised on 15 February 2023.

Interest rate on ICICI Bank FD

Private sector ICICI Bank is offering interest rates between 3% to 7.1% on FD for all customers. On fixed deposits, senior citizens get interest rates ranging from 3.50% to 7.65% on FDs of various tenures effective October 16.

HDFC Bank Latest Rates

HDFC Bank FD, the country’s largest in the private sector, currently carries interest rates ranging from 3% to 7.20% for varying tenures. On the other hand, senior citizens get an interest rate between 3.5% to 7.75%. These rates will be effective from October 1, 2023.

Unity Small Finance Bank Fd

UNITY SMALL FINANCE BANK OF NBFC Category: This company is offering investment in FD (Fixed Deposit) to general customers at interest rate between 4.5% to 9%. Senior citizens are being offered interest rates ranging from 4.5% to 9.5% on FD deposits for seven days to ten years. The highest interest rate is being offered at 9% for a tenure of 1001 days.

Suryoday Small Finance Bank FD

Suryoday Small Finance Bank offers fixed deposit interest rates ranging from 4% to 8.6% to general customers on deposits maturing in seven days to ten years. Senior citizens are getting interest rates ranging from 4.5% to 9.1% on deposits for the same period. The highest interest rate of 8.60% is applicable for tenures ranging from 2 years to 3 years.

DCB Bank Interest Rate

DCB Bank offers 3.75% to 7.9% discount to general customers and 4.25% to 8.50% to senior citizens. According to Livemint News, these rates will be effective from September 27, 2023.

RBL Bank FD Rates

While RBL Bank is offering 3.50% to 7.80% interest on fixed deposits to general customers, senior citizens get between 4% to 8.30% interest on term deposits. These rates will be effective from October 16, 2023.

IDFC First Bank FD

IDFC First Bank offers interest rates between 3.50% to 7.75% on fixed deposits for general customers. While for senior citizens, the bank is offering interest rates ranging from 4 to 8.25 percent. The highest interest rate on deposits maturing in 549 days to two years is 7.75%.

Punjab and Sindh Bank Latest FD Interest Rate

FD investment is being offered to general customers at interest rates ranging from 2.8% to 7.40%. The highest rate of interest is being offered on fixed deposits maturing in 444 days. These rates will be effective from October 1, 2023.

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