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India’s top banks are paying more than 6.6% interest on FD, senior citizens are getting an additional 0.50% benefit. HDFC, ICICI, Kotak, and BOB plans are giving 7.10% returns for senior citizens.
These banks also include SBI and HDFC. Highlights
- Senior citizens are getting 7.10% interest on FD.
- Federal Bank is paying 6.7% interest on 444 days FD.
- HDFC Bank is paying 6.6% interest on 18-21 months FD.
Surprisingly, senior citizens are getting an additional 0.50 percent benefit in the same FD schemes. That is, for retired people, this time has become very attractive to invest money in FD.
ICICI Bank: Better deal for long -term people
ICICI Bank is also offering an interest of 6.6 percent on a long -term FD of 2 to 10 years. Senior citizens also get 7.10 percent interest here.
Kotak and Federal Banks: 444 day scheme hit
Kotak Mahindra Bank is paying 6.6 per cent interest on 444 days FD, while Federal Bank is offering up to 6.7 per cent on the same period. In both banks, senior citizens are getting an additional 0.50 percent benefit.
FD scheme of SBI and Bank of Baroda
State Bank of India (SBI) is giving an interest rate of 6.45 percent on FDs of 2 to 3 years, while senior citizens get 6.95 percent. Bank of Baroda is paying 6.6 per cent interest on FD with a duration of 444 days and 7.10 per cent to senior citizens.
Which bank benefits the most?
If we talk about the general investor, then the 444 -day scheme of Federal Bank is currently paying 6.7 percent interest. At the same time, HDFC, ICICI, Kotak, and BOB plans for senior citizens are also quite strong with a return of 7.10 percent.
Jai Thakur has been associated with the world of news since 2018. Since 2022, News18Hindi is working as a senior sub -editor and is part of the business team. There is interest in news related to business, especially the stock market. Also give …Read more
Jai Thakur has been associated with the world of news since 2018. Since 2022, News18Hindi is working as a senior sub -editor and is part of the business team. There is interest in news related to business, especially the stock market. Also give … Read more
