For RDs of 7.5 years and 10 years, HDFC Bank is offering 7.75% interest to senior citizens.Īlso Read: Disadvantages of Fixed Deposit: 5 reasons not to invest ICICI Bank RD A monthly RD of Rs 5000 by a senior citizen in this bank will grow to approx Rs 3.6 lakh in 5 years at 7.5% interest. HDFC Bank is also offering 7.5% interest on 5-year RD to senior citizens. A monthly RD of Rs 5000 by a senior citizen in this bank will grow to approx. State Bank of India (SBI) is offering 7.5% interest on 5-year RD to senior citizens.

Others can get 9% interest on deposits of 1001 days and 7.65% interest on RD of 5 years. For deposits of 5 years, the Unity Bank is offering 8.15% interest to senior citizens. Unity Small Finance Bank (Unity Bank) is offering up to 9.5% interest deposits of 1001 days to senior citizens.

Rs 3.85 lakh in 5 years.Īlso Read: Fixed Deposit interest rate for senior citizens jumps again: How much should you invest in a bank? Unity Small Finance Bank (Unity Bank) Suryoday Small Finance Bank (SSFB) is offering 9.6% interest on 5-year RD to senior citizens. Aadhaar-PAN Link Fees: How to pay Rs 1000 and what will happen after June 30, 2023? Suryoday Small Finance Bank (SSFB)