Senior Citizen: Senior citizens are in for a treat, these banks have announced bumper interest on FD..

When people think of investing money, they often think of bank fixed deposits (FDs). The main reason for this is the fixed return that investors get. Especially for senior citizens, FDs are even more beneficial, because they are given a higher interest rate than ordinary citizens. (Bank FD Rates)

In such a situation, today we are going to tell you about those banks of the country, which offer very good interest rate returns to senior citizens (senior citizen fd rates) in their FDs of 3 years duration. Let us know.

FD interest rates of government banks -

- The country's largest government banks SBI, PNB, Bank of India, Central Bank of India are giving returns of 7.25% interest rate to their senior citizen customers in FDs of 3 years duration.

- Punjab and Sind Bank is offering a 6.50% interest rate return to its senior citizen customers on FDs with a tenure of 3 years.

- Bank of Maharashtra and Indian Overseas Bank are offering 7% interest rate return to their senior citizen customers on FDs with a tenure of 3 years.

- Canara Bank is offering a 7.70% interest rate return to its senior citizen customers on FDs with a tenure of 3 years.

Interest rates of private banks for senior citizen FDs-

- Axis, HDFC, ICICI and Kotak Mahindra Bank are offering 7.40% interest rate return to their senior citizen customers on FDs with a tenure of 3 years.

- IDFC FIRST Bank is offering 7% interest rate return to its senior citizen customers on FDs with a tenure of 3 years.

- Yes Bank is offering an interest rate of 8.25% return on 3-year term FDs to its senior citizen customers.

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