Fixed Deposit: Best opportunity for senior citizens to invest in FD, some banks are giving up to 8.25 percent interest

The Reserve Bank of India (RBI) has increased the repo rate by up to 1.4 percent in the last few months. After this, all the government and private commercial banks present in the country are increasing the interest rates of FD. 

This is a great opportunity for senior citizens who are planning to invest in FDs. Today we have brought a complete list of those banks of such people, who are giving interest ranging from 7.50 to 8.25 percent on FD.

Utkarsh Small Finance Bank

Utkarsh Small Finance Bank is offering 8.25 per cent interest to senior citizens on FDs of two years tenure or 730 days. At the same time, interest of 7.50 percent is being given to ordinary citizens by the bank on FDs with a tenor of 700 days to five years. 

Jana Small Finance Bank

According to the interest rates released by the bank on June 15, Jana Small Finance Bank is offering 8.05 per cent interest to senior citizens on FDs with a tenure of one to two years of less than Rs 2 crore.

Bandhan Bank

Bandhan Bank is offering 7.5 per cent interest to senior citizens on FDs of less than Rs 2 crore. This interest is being given by the bank on FDs of more than 18 months and less than two years. 

Indusind bank

Recently new FD interest rates have been released by IndusInd Bank. On behalf of the bank, interest of 7.5 percent is being given to senior citizens on FDs of less than Rs 2 crore, more than 18 months and less than 2 years. 

Yes Bank

According to the new FD interest rates released by Yes Bank on August 10, 2022, the bank is offering 7.5 percent interest to senior citizens on FDs with tenures ranging from 18 months to less than 2 years.