Bank FD News: Now another good news has come for senior citizens in the month of August. Many banks have changed the interest rates in the month of August, after which senior citizens are getting the benefit of up to 9% interest.
Senior Citizens Bank FD: Many special facilities are given to senior citizens from both the government and private banks of the country. Now in the month of August another good news has come for the senior citizens.
Many banks have changed the interest rates in the month of August, after which senior citizens are getting the benefit of up to 9% interest. Let us tell you which bank is offering you interest at what rate.
Axis Bank FD Rates
Axis Bank is offering interest on FDs to senior citizens at the rate of 3.5% to 8.05% on deposits maturing in 7 days to 10 years. These rates are effective from 14 August 2023. For general customers, the bank is offering interest on FDs at the rate of 3.5% to 7.3%. These interest rates are applicable on FDs of less than Rs 2 crore.
Federal Bank FD Rates
According to Federal Bank, senior citizens are getting interest at the rate of 8.07% on FDs with a tenure of 13 months. At the same time, ordinary citizens are getting the benefit of interest at the rate of 7.30%. These rates are effective from 15 August 2023.
Canara Bank FD Rates
Canara Bank is giving 4% to 7.75% interest on bank FD to senior citizens. These rates are effective from August 12, 2023. Apart from this, the bank is giving interest at the rate of 5.35% to 7.90% for a period of 444 days. Apart from this, the bank is giving the benefit of interest ranging from 4% to 7.25% to the general citizens.
Suryoday SFB
Suryoday SFB is offering the benefit of interest rate between 4.50% to 9.10% on FDs of maturity period ranging from 7 days to 10 years for senior citizens. At the same time, this bank is giving the benefit of interest ranging from 4% to 8.60% to the general public. These rates are applicable from 7th August.
