Top 10 Banks Offering Lucrative 7.75% Interest Rate on Senior Citizen FDs

Fixed Deposits (FDs) continue to be a preferred investment choice for senior citizens, providing both security and steady income.

With interest rates up to 7.75% on three-year FDs, several banks are enticing senior citizens with attractive returns.

Here’s a breakdown of the top ten banks offering competitive interest rates for senior citizens aged 60 and above.

Bank of Baroda:

Interest Rate: 7.75% on three-year FDs

Investment Growth: Rs 1 lakh invested for three years will grow to Rs 1.26 lakh.

Axis Bank:

Interest Rate: 7.60% on three-year FDs

Investment Growth: Rs 1 lakh invested for three years will grow to Rs 1.25 lakh.

HDFC Bank, ICICI Bank, and Punjab National Bank:

Interest Rate: 7.50% on three-year FDs

Investment Growth: Rs 1 lakh invested for three years will grow to Rs 1.25 lakh.

Canara Bank:

Interest Rate: 7.30% on three-year FDs

Investment Growth: Rs 1 lakh invested for three years will grow to Rs 1.24 lakh.

State Bank of India and Bank of India:

Interest Rate: 7.25% on three-year FDs

Investment Growth: Rs 1 lakh invested for three years will grow to Rs 1.24 lakh.

Union Bank of India:

Interest Rate: 7.00% on three-year FDs

Investment Growth: Rs 1 lakh invested for three years will grow to Rs 1.23 lakh.

Indian Bank:

Interest Rate: 6.75% on three-year FDs

Investment Growth: Rs 1 lakh invested for three years will grow to Rs 1.22 lakh.

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