FD Rates– These 5 banks are giving more than 8.50% interest on FD, Good news for senior citizes

FD Rates– Whenever it comes to saving, people first think of getting FD. The biggest reason behind this is that it has less risk like the stock market. Apart from this, the biggest reason is the fixed return available in FD. When it comes to senior citizens, it is even more beneficial for them. Because all banks give higher interest returns to senior citizens than normal citizens.

Here we are telling you about those banks which offer more than 8.50 percent interest rate returns to senior citizens. Let’s know about them…

Name of the Bank Duration Senior Citizen Interest Rate

Suryoday Small Finance Bank 5 years 9.60%

Jana Small Finance Bank 1095 days 9%

AU Small Finance Bank 24-36 months 8.50%

Ujjivan Small Finance 12 months/560 days 8.85%

Unity Small Finance 1001 days 9.50%

1. Suryoday Small Finance Bank

Suryoday Small Finance Bank offers interest on Fixed Deposit (FD) to senior citizens at the rate of 9.60 per cent for a tenure of 5 years.

2. Jana Small Finance Bank

Jana Small Finance Bank offers 9% interest on Fixed Deposit (FD) to senior citizens for a period of 1095 days.

3. AU Small Finance Bank

AU Small Finance Bank offers 8.50 per cent interest on Fixed Deposit (FD) for senior citizens for tenures ranging from 24 months to 36 months.

4. Ujjivan Small Finance Bank

Ujjivan Small Finance Bank offers 8.85 per cent interest on Fixed Deposit (FD) for senior citizens for a tenure of 12 months/560 days.

5. Unity Small Finance Bank

Unity Small Finance Bank offers interest on Fixed Deposit (FD) to senior citizens at the rate of 9.50% for a period of 1001 days.

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