New Delhi:
For senior citizens and their families seeking lucrative investment options, Fixed Deposits (FDs) offer a reliable avenue with attractive interest rates.
Here are five banks offering compelling returns of up to 8.1% on senior citizen FDs for tenures ranging from 2 to 5 years.
See Details below:
1. DCB Bank
Interest Rate: 8.1%
Tenure: 26 to 37 months
2. RBL Bank
Interest Rate: Up to 8%
Tenure: 24 to 36 months
3. Bandhan Bank
Interest Rate: Up to 7.75%
Tenure: 3 to <5 years
4. Axis Bank
Interest Rate: Up to 7.6%
Tenure: 3 to <5 years
5. Bank of Baroda
Interest Rate: Up to 7.75%
Tenure: >2 to 3 years
These banks offer competitive interest rates on senior citizen FDs, ensuring secure and stable returns on investments.
It’s advisable to explore these options and select the one that best aligns with your financial goals and requirements.
