Senior citizens will get 8 per cent on this FD.įederal Bank on the other hand is giving interest rate of as high as 7.30 per cent on FDs of 13 months to 21 months. IDFC First Bank is also giving RoI of 7.50 per cent on FDs of 1 year 1 day to 550 days. Elderly will get 8.25 per cent interest on this FD.
The Mumbai based lender is giving 0.75 per cent additional rate to senior citizens. On the other hand, IndusInd Bank is giving 7.50 per cent interest on FDs of one year to less than 18 months. Elderly will get 8.30 per cent interest rate on this FD. RBL Bank is giving as high as 7.80 per cent RoI on FDs of 15 months to less than 2 years. RBL Bank is giving the second highest interest rate on fixed deposits as compared to other banks. Barring Small Finance Banks, no other private bank is giving as much interest rate on fixed deposits as DCB Bank is giving. Currently, DCB Bank is giving the highest interest rate on fixed deposits to both general and senior citizens.
They will get 8.50 per cent RoI on this deposit. Senior citizens too will get 0.60 per cent additional rate on this FD. But for this, they will have to open the FD for 25 months. If account holders open FD with DCB Bank, then, they can get as high as 7.90 per cent RoI. We have taken into consideration only private banks and not small finance banks.ĭCB Bank is giving the highest interest rate on fixed deposits as compared to other private banks.
