Today we are telling you about 4 such banks that are giving up to 8 percent interest on FD to senior citizens. Getting an 8 percent return on FD is quite attractive. This is because FD i.e. Fixed Deposit is not known for returns. However, let us know which of those 4 banks are.
The first bank is Punjab and Sindh Bank. Here common people are getting a 7.40 percent return on FD of 444 days. This bank gives 0.50 percent additional interest to senior citizens. This offer can be availed only till 31 January 2024.
CSB Bank. It is offering a special FD named Acharya Fixed Deposit to senior citizens. Under this scheme, senior citizens can get 7.75 percent interest on FD of 401 days. The bank has revised the interest rates on 1 December.
IndusInd Bank- On December 1, this bank also revised FD rates. This bank is offering interest up to 8 and 8.25 percent. 8.25 percent interest is available on FDs of 1 year to 2 years and 8 percent interest on FDs of more than 2 years to less than 61 months.
Capital Small Finance Bank- This bank is giving a maximum interest of 8.10 percent on an FD of 400 days. Apart from this, 8 percent interest is being offered on 12-month FD, 7.90 percent interest is being offered on 600 and 900-day FD.