Fixed Deposit Schemes: Fixed deposit is a scheme that is offered by most of the banks and post offices. You can invest your money in it and keep it safe for some time. Every bank offers different tenure and interest rates for fixed deposits.
Separate offers have also been given for general and senior citizens. If you are also thinking of making a fixed deposit of your money for a long time, then you should quickly take advantage of the offer. Actually, four banks are offering interest rates up to 8 percent on fixed deposits. If you are also thinking of investing in FD, then let us tell you about the names and offers of those banks which are giving the benefit of 8 percent interest on FD to senior citizens.
csb bank fixed deposit interest rate
A special FD scheme for senior citizens is being offered by CSB Bank. Under this scheme, senior citizens can be given 7.75 percent interest on fixed deposits of 401 days.
Punjab and Sindh Bank FD Interest Rate
Punjab and Sindh Bank is giving 7.40 percent return to the common people on FD of 444 days. At the same time, senior citizens will get the benefit of additional interest up to 0.50 percent. You can avail its benefit only till 31 January 2024. Capital Small Finance Bank is offering interest up to 8.10% on FD of 400 days. At the same time, you can get the benefit of 8 percent interest on FD of 365 days, 7.90 percent interest on FD of 600 and 900 days.
IndusInd Bank is offering the benefit of 8% interest on fixed deposits of more than 2 years to less than 61 months. Whereas, if you make FD for 1 to 2 years then you can avail the benefit of 8.25 percent interest.