{"id":5408,"date":"2019-06-04T14:02:10","date_gmt":"2019-06-04T08:32:10","guid":{"rendered":"http:\/\/www.apnaplan.com\/?page_id=5408"},"modified":"2020-01-22T20:28:09","modified_gmt":"2020-01-22T14:58:09","slug":"best-interest-rate-on-senior-citizens-bank-fixed-deposits-fd","status":"publish","type":"post","link":"https:\/\/www.apnaplan.com\/best-interest-rate-on-senior-citizens-bank-fixed-deposits-fd\/","title":{"rendered":"Best Interest Rate on Senior Citizens Bank Fixed Deposits &#8211; June 2019"},"content":{"rendered":"<p style=\"text-align: justify;\">The post lists down the rate of <span style=\"text-decoration: underline;\"><strong>interest on Bank fixed deposits for Senior Citizens<\/strong><\/span>\u00a0as of\u00a0<strong>June 1, 2019.<\/strong><\/p>\n<p style=\"text-align: justify;\">You might want to bookmark this page as the FD interest rates would be updated every month. Would help you in better decision making.<\/p>\n<h2 style=\"text-align: justify;\">Fixed Deposit Highlights:<\/h2>\n<ul style=\"text-align: justify;\">\n<li><span style=\"-webkit-text-stroke-color: initial; -webkit-text-stroke-width: 0.15px;\">Most banks offer FDs for<strong> tenure of 7 Days to 10 Years.<\/strong><\/span><\/li>\n<li><span style=\"-webkit-text-stroke-color: initial; -webkit-text-stroke-width: 0.15px;\"><strong>The Ratnakar Bank &amp; IDBI Bank do offer fixed deposits up to 20 years too<\/strong>.<\/span><\/li>\n<li><span style=\"-webkit-text-stroke-color: initial; -webkit-text-stroke-width: 0.15px;\">For very short Term Deposits the interest rate is similar to that of Savings Account and so you should not worry about FD. Also <a href=\"http:\/\/www.apnaplan.com\/12-changes-in-2012-that-impacts-your-investment\/\">Interest up to Rs 10,000 in Saving Account is Tax free<\/a>.<\/span><\/li>\n<li><span style=\"-webkit-text-stroke-color: initial; -webkit-text-stroke-width: 0.15px;\">Most banks <strong>compound interest quarterly<\/strong><\/span><\/li>\n<li><span style=\"-webkit-text-stroke-color: initial; -webkit-text-stroke-width: 0.15px;\"><strong>Banks offer Loan\/Overdraft against the amount available in Fixed Deposit<\/strong>. The interest is generally 0.5% to 1% more than that offered to FD.<\/span><\/li>\n<li><span style=\"-webkit-text-stroke-color: initial; -webkit-text-stroke-width: 0.15px;\"><strong>TDS (Tax deduction at source) at the rate of 10%<\/strong> is deducted, if the interest income is more than Rs 40,000 in financial year per bank (<a href=\"https:\/\/www.apnaplan.com\/budget-2019-key-changes-income-tax-rules\/\">changed from Rs 10,000 limit in Budget 2019<\/a>)<\/span><\/li>\n<li>In case of <a href=\"https:\/\/www.apnaplan.com\/changes-tax-rules-fy2018-19\/\">Senior citizens TDS would be deducted at the rate of 10%, if the interest income exceeds Rs 50,000<\/a><\/li>\n<li><span style=\"-webkit-text-stroke-color: initial; -webkit-text-stroke-width: 0.15px;\">You can <a href=\"http:\/\/www.apnaplan.com\/how-fill-form-15g-15h\/\">fill Form15G\/H if you want to avoid TDS<\/a>.<\/span><\/li>\n<li><span style=\"-webkit-text-stroke-color: initial; -webkit-text-stroke-width: 0.15px;\">There might be <strong>penalty for pre-mature withdrawal<\/strong> of Fixed Deposits<\/span><\/li>\n<\/ul>\n<blockquote><p><span style=\"text-decoration: underline;\"><strong>Also Read:<\/strong><\/span>\u00a0<a href=\"http:\/\/www.apnaplan.com\/swp-debt-mutual-funds\/\">How SWP in Debt Funds generate higher returns than FD<\/a><\/p><\/blockquote>\n<h2 style=\"text-align: justify;\">Fixed\u00a0Deposit Interest Rates:<\/h2>\n<p style=\"text-align: justify;\"><strong>The highest interest rate is offered by IDFC First Bank (731 days) &amp; DCB Bank (36 months) at 8.75%.<\/strong><\/p>\n<p style=\"text-align: justify;\">For comparing the best interest rates on fixed deposits over different duration of investment, we have it divided into following 5 slabs:<\/p>\n<ul>\n<li>FD for Less than 1 Year<\/li>\n<li>FD for 1 to 2 years<\/li>\n<li>FD for 2 to 5 Years<\/li>\n<li>FD for 5 to 10 years<\/li>\n<li>FD for More than 10 years<\/li>\n<\/ul>\n<blockquote>\n<p style=\"text-align: justify;\"><strong>Also Read: <\/strong><a href=\"http:\/\/www.apnaplan.com\/company-fixed-deposit\/\">7 High Rated Companies Offering more than Bank Fixed Deposits<\/a><\/p>\n<\/blockquote>\n<p style=\"text-align: justify;\">We show the highest interest rates on fixed deposits for the above duration buckets. We have also <strong>compared the best interest rates on offer by that being offered by State Bank of India (SBI), ICICI Bank and Post Offices.<\/strong><\/p>\n<p style=\"text-align: justify;\">[button link=&#8221;http:\/\/www.apnaplan.com\/highest-tax-saving-bank-fixed-deposit-rates-us-80c\/&#8221; size=&#8221;large&#8221; style=&#8221;tick&#8221; color=&#8221;orangered&#8221; text=&#8221;light&#8221;]Click for Best Tax Saving FDs u\/s 80C[\/button]<\/p>\n<h2 style=\"text-align: justify;\">Interest Rate (Senior Citizens) for FD &#8211; Less than 1 Year:<\/h2>\n<p style=\"text-align: justify;\"><strong>The highest interest rate is offered by Lakshmi Vilas Bank (331-364 days) at 8.25%.<\/strong><\/p>\n<table width=\"493\">\n<tbody>\n<tr>\n<td width=\"179\"><strong>Bank<\/strong><\/td>\n<td width=\"220\"><strong>Description<\/strong><\/td>\n<td style=\"text-align: center;\" width=\"94\"><strong>Interest Rate<\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong>Lakshmi Vilas Bank<\/strong><\/td>\n<td>331-364 days<\/td>\n<td style=\"text-align: center;\">8.25%<\/td>\n<\/tr>\n<tr>\n<td><strong>Lakshmi Vilas Bank<\/strong><\/td>\n<td>181 &#8211; 330 days<\/td>\n<td style=\"text-align: center;\">8.15%<\/td>\n<\/tr>\n<tr>\n<td><strong>Ratnakar Bank<\/strong><\/td>\n<td>241 days to 364 days<\/td>\n<td style=\"text-align: center;\">7.85%<\/td>\n<\/tr>\n<tr>\n<td><strong>Axis Bank<\/strong><\/td>\n<td>9 months\u00a0 &lt;\u00a0 1 year 25 days<\/td>\n<td style=\"text-align: center;\">7.75%<\/td>\n<\/tr>\n<tr>\n<td><strong>Ratnakar Bank<\/strong><\/td>\n<td>181 days to 240 days<\/td>\n<td style=\"text-align: center;\">7.75%<\/td>\n<\/tr>\n<tr>\n<td><strong>Indus Ind Bank<\/strong><\/td>\n<td>270 days to below 1 years<\/td>\n<td style=\"text-align: center;\">7.75%<\/td>\n<\/tr>\n<tr>\n<td><strong>Ratnakar Bank<\/strong><\/td>\n<td>91 days to 180 days<\/td>\n<td style=\"text-align: center;\">7.65%<\/td>\n<\/tr>\n<tr>\n<td><strong>Yes Bank<\/strong><\/td>\n<td>9 months to &lt; 1 Year<\/td>\n<td style=\"text-align: center;\">7.65%<\/td>\n<\/tr>\n<tr>\n<td><strong>Kotak Mahindra Bank<\/strong><\/td>\n<td>364 Days<\/td>\n<td style=\"text-align: center;\">7.60%<\/td>\n<\/tr>\n<tr>\n<td><strong>HDFC Bank<\/strong><\/td>\n<td>9 mnths 1 day &lt; 1 Year<\/td>\n<td style=\"text-align: center;\">7.60%<\/td>\n<\/tr>\n<tr>\n<td><strong>Bandhan Bank<\/strong><\/td>\n<td>6 months to less than 1 year<\/td>\n<td style=\"text-align: center;\">7.55%<\/td>\n<\/tr>\n<tr>\n<td><strong>J&amp;K Bank<\/strong><\/td>\n<td>271 days to less than 1 year<\/td>\n<td style=\"text-align: center;\">7.55%<\/td>\n<\/tr>\n<tr>\n<td><strong>DCB Bank<\/strong><\/td>\n<td>6 months to less than 12 months<\/td>\n<td style=\"text-align: center;\">7.50%<\/td>\n<\/tr>\n<tr>\n<td><strong>IDFC First Bank<\/strong><\/td>\n<td>181 &#8211; 365 days<\/td>\n<td style=\"text-align: center;\">7.50%<\/td>\n<\/tr>\n<tr>\n<td><strong>Lakshmi Vilas Bank<\/strong><\/td>\n<td>151-180 days<\/td>\n<td style=\"text-align: center;\">7.50%<\/td>\n<\/tr>\n<tr>\n<td><strong>Ratnakar Bank<\/strong><\/td>\n<td>46 days to 90 days<\/td>\n<td style=\"text-align: center;\">7.50%<\/td>\n<\/tr>\n<tr>\n<td><strong>Standard Charted Bank<\/strong><\/td>\n<td>181-364 days<\/td>\n<td style=\"text-align: center;\">7.50%<\/td>\n<\/tr>\n<tr>\n<td><strong>Indus Ind Bank<\/strong><\/td>\n<td>181 days to 269 days<\/td>\n<td style=\"text-align: center;\">7.50%<\/td>\n<\/tr>\n<tr>\n<td><strong>Yes Bank<\/strong><\/td>\n<td>6 months to &lt; 9 months<\/td>\n<td style=\"text-align: center;\">7.35%<\/td>\n<\/tr>\n<tr>\n<td><strong>Tamilnad Mercantile Bank<\/strong><\/td>\n<td>271 days &#8211; &lt; 12 months<\/td>\n<td style=\"text-align: center;\">7.30%<\/td>\n<\/tr>\n<tr>\n<td><strong>Allahabad Bank<\/strong><\/td>\n<td>333 days<\/td>\n<td style=\"text-align: center;\">7.25%<\/td>\n<\/tr>\n<tr>\n<td><strong>DCB Bank<\/strong><\/td>\n<td>91 days to less than 6 months<\/td>\n<td style=\"text-align: center;\">7.25%<\/td>\n<\/tr>\n<tr>\n<td><strong>IDFC First Bank<\/strong><\/td>\n<td>91 &#8211; 180 days<\/td>\n<td style=\"text-align: center;\">7.25%<\/td>\n<\/tr>\n<tr>\n<td><strong>Kotak Mahindra Bank<\/strong><\/td>\n<td>271 Days to 363 Days<\/td>\n<td style=\"text-align: center;\">7.25%<\/td>\n<\/tr>\n<tr>\n<td><strong>Repco Bank<\/strong><\/td>\n<td>90 days &#8211; 364 days<\/td>\n<td style=\"text-align: center;\">7.25%<\/td>\n<\/tr>\n<tr>\n<td><strong>Union Bank of India<\/strong><\/td>\n<td>10 Month to 14 Month<\/td>\n<td style=\"text-align: center;\">7.25%<\/td>\n<\/tr>\n<tr>\n<td><strong>Tamilnad Mercantile Bank<\/strong><\/td>\n<td>180 days &#8211; 270 days<\/td>\n<td style=\"text-align: center;\">7.25%<\/td>\n<\/tr>\n<tr>\n<td><strong>City Union Bank<\/strong><\/td>\n<td>181 days to 364 days<\/td>\n<td style=\"text-align: center;\">7.15%<\/td>\n<\/tr>\n<tr>\n<td><strong>Allahabad Bank<\/strong><\/td>\n<td>155 days<\/td>\n<td style=\"text-align: center;\">7.00%<\/td>\n<\/tr>\n<tr>\n<td><strong>City Union Bank<\/strong><\/td>\n<td>91 days to 180 days<\/td>\n<td style=\"text-align: center;\">6.90%<\/td>\n<\/tr>\n<tr>\n<td><strong>Karur Vysya Bank<\/strong><\/td>\n<td>91 Days to 180 Days<\/td>\n<td style=\"text-align: center;\">6.90%<\/td>\n<\/tr>\n<tr>\n<td><strong>South Indian Bank<\/strong><\/td>\n<td>91 days to less than 1 year<\/td>\n<td style=\"text-align: center;\">6.80%<\/td>\n<\/tr>\n<tr>\n<td><strong>Karur Vysya Bank<\/strong><\/td>\n<td>181 Days to less than 1 year<\/td>\n<td style=\"text-align: center;\">6.75%<\/td>\n<\/tr>\n<tr>\n<td><strong>State Bank of India<\/strong><\/td>\n<td><strong>Government Bank Benchmark<\/strong><\/td>\n<td style=\"text-align: center;\"><strong>6.25% &#8211; 6.90%<\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong>ICICI Bank<\/strong><\/td>\n<td><strong>Private Bank Benchmark<\/strong><\/td>\n<td style=\"text-align: center;\"><strong>4.50% &#8211; 7.25%<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<blockquote><p><strong><br \/>\nAlso Read:<\/strong>\u00a0<a href=\"http:\/\/www.apnaplan.com\/charges-saving-bank-account\/\">21 Hidden Charges in Saving Bank Account<\/a><\/p><\/blockquote>\n<h2 style=\"text-align: justify;\">Interest Rate for FD (Senior Citizens) of 1 &#8211; 2 Years:<\/h2>\n<p style=\"text-align: justify;\"><strong>The highest interest rate is offered by Lakshmi Vilas Bank (450 days) at 9.00%.<\/strong><\/p>\n<table style=\"width: 100%; height: 1608px;\" width=\"532\">\n<tbody>\n<tr style=\"height: 44px;\">\n<td style=\"height: 44px;\" width=\"189\"><strong>Bank<\/strong><\/td>\n<td style=\"height: 44px;\" width=\"249\"><strong>Description<\/strong><\/td>\n<td style=\"text-align: center; height: 44px;\" width=\"94\"><strong>Interest Rate<\/strong><\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"height: 24px;\"><strong>Lakshmi Vilas Bank<\/strong><\/td>\n<td style=\"height: 24px;\">450 Days<\/td>\n<td style=\"text-align: center; height: 24px;\">9.00%<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"height: 24px;\"><strong>IDFC First Bank<\/strong><\/td>\n<td style=\"height: 24px;\">731 days<\/td>\n<td style=\"text-align: center; height: 24px;\">8.75%<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"height: 24px;\"><strong>DCB Bank<\/strong><\/td>\n<td style=\"height: 24px;\">18 months<\/td>\n<td style=\"text-align: center; height: 24px;\">8.65%<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"height: 24px;\"><strong>DCB Bank<\/strong><\/td>\n<td style=\"height: 24px;\">15 months to 24 months<\/td>\n<td style=\"text-align: center; height: 24px;\">8.55%<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"height: 24px;\"><strong>Ratnakar Bank<\/strong><\/td>\n<td style=\"height: 24px;\">12 months to less than 24 months<\/td>\n<td style=\"text-align: center; height: 24px;\">8.50%<\/td>\n<\/tr>\n<tr style=\"height: 44px;\">\n<td style=\"height: 44px;\"><strong>Bandhan Bank<\/strong><\/td>\n<td style=\"height: 44px;\">Above 18 months to less than 2 years<\/td>\n<td style=\"text-align: center; height: 44px;\">8.40%<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"height: 24px;\"><strong>IDFC First Bank<\/strong><\/td>\n<td style=\"height: 24px;\">366 &#8211; 730 days<\/td>\n<td style=\"text-align: center; height: 24px;\">8.25%<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"height: 24px;\"><strong>Indus Ind Bank<\/strong><\/td>\n<td style=\"height: 24px;\">1 Years 4 Months to below 3 Years<\/td>\n<td style=\"text-align: center; height: 24px;\">8.25%<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"height: 24px;\"><strong>Lakshmi Vilas Bank<\/strong><\/td>\n<td style=\"height: 24px;\">1 Year to less than 3 years<\/td>\n<td style=\"text-align: center; height: 24px;\">8.20%<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"height: 24px;\"><strong>Repco Bank<\/strong><\/td>\n<td style=\"height: 24px;\">1 Year &amp; Above &#8211; 2 years<\/td>\n<td style=\"text-align: center; height: 24px;\">8.20%<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"height: 24px;\"><strong>Yes Bank<\/strong><\/td>\n<td style=\"height: 24px;\" width=\"249\">2 years to less than 3 years<\/td>\n<td style=\"text-align: center; height: 24px;\">8.15%<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"height: 24px;\"><strong>Bandhan Bank<\/strong><\/td>\n<td style=\"height: 24px;\">1 year to 18 months<\/td>\n<td style=\"text-align: center; height: 24px;\">8.10%<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"height: 24px;\"><strong>Indus Ind Bank<\/strong><\/td>\n<td style=\"height: 24px;\">1 Years to below 1 Years 4 Months<\/td>\n<td style=\"text-align: center; height: 24px;\">8.10%<\/td>\n<\/tr>\n<tr style=\"height: 44px;\">\n<td style=\"height: 44px;\"><strong>Yes Bank<\/strong><\/td>\n<td style=\"height: 44px;\" width=\"249\">18 Months 8 Days to 18 Months 18 Days<\/td>\n<td style=\"text-align: center; height: 44px;\">8.05%<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"height: 24px;\"><strong>DCB Bank<\/strong><\/td>\n<td style=\"height: 24px;\">24 months<\/td>\n<td style=\"text-align: center; height: 24px;\">8.00%<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"height: 24px;\"><strong>Standard Charted Bank<\/strong><\/td>\n<td style=\"height: 24px;\">18 Months &#8211; 2 Years<\/td>\n<td style=\"text-align: center; height: 24px;\">8.00%<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"height: 24px;\"><strong>Axis Bank<\/strong><\/td>\n<td style=\"height: 24px;\">1 year 25 days &lt; 30 Months<\/td>\n<td style=\"text-align: center; height: 24px;\">7.95%<\/td>\n<\/tr>\n<tr style=\"height: 44px;\">\n<td style=\"height: 44px;\"><strong>DCB Bank<\/strong><\/td>\n<td style=\"height: 44px;\">12 months 1 day to less than 15 months<\/td>\n<td style=\"text-align: center; height: 44px;\">7.90%<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"height: 24px;\"><strong>Standard Charted Bank<\/strong><\/td>\n<td style=\"height: 24px;\">1 Year &#8211; 375 days<\/td>\n<td style=\"text-align: center; height: 24px;\">7.90%<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"height: 24px;\"><strong>Kotak Mahindra Bank<\/strong><\/td>\n<td style=\"height: 24px;\">390 Days (12 months 25 days)<\/td>\n<td style=\"text-align: center; height: 24px;\">7.80%<\/td>\n<\/tr>\n<tr style=\"height: 44px;\">\n<td style=\"height: 44px;\"><strong>Repco Bank<\/strong><\/td>\n<td style=\"height: 44px;\">Repco Mahila (18 Months, Exclusively for Women)<\/td>\n<td style=\"text-align: center; height: 44px;\">7.80%<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"height: 24px;\"><strong>Federal Bank<\/strong><\/td>\n<td style=\"height: 24px;\">550 days<\/td>\n<td style=\"text-align: center; height: 24px;\">7.80%<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"height: 24px;\"><strong>Federal Bank<\/strong><\/td>\n<td style=\"height: 24px;\">Above 1 year to 2 Years<\/td>\n<td style=\"text-align: center; height: 24px;\">7.80%<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"height: 24px;\"><strong>HDFC Bank<\/strong><\/td>\n<td style=\"height: 24px;\">1 year &#8211; 2 Years<\/td>\n<td style=\"text-align: center; height: 24px;\">7.80%<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"height: 24px;\"><strong>J&amp;K Bank<\/strong><\/td>\n<td style=\"height: 24px;\">1 year to less than 5 years<\/td>\n<td style=\"text-align: center; height: 24px;\">7.80%<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"height: 24px;\"><strong>Karnataka Bank<\/strong><\/td>\n<td style=\"height: 24px;\">1 year to 2 years<\/td>\n<td style=\"text-align: center; height: 24px;\">7.80%<\/td>\n<\/tr>\n<tr>\n<td><strong>Axis Bank<\/strong><\/td>\n<td>1 year &lt; 1 year 25 days<\/td>\n<td style=\"text-align: center;\">7.75%<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"height: 24px;\"><strong>Deutsche Bank<\/strong><\/td>\n<td style=\"height: 24px;\">1 Year to less than 1.5 Years<\/td>\n<td style=\"text-align: center; height: 24px;\">7.75%<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"height: 24px;\"><strong>Karur Vysya Bank<\/strong><\/td>\n<td style=\"height: 24px;\">1 year to less than 2 years<\/td>\n<td style=\"text-align: center; height: 24px;\">7.75%<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"height: 24px;\"><strong>Kotak Mahindra Bank<\/strong><\/td>\n<td style=\"height: 24px;\">391 Days &#8211; 23 Months<\/td>\n<td style=\"text-align: center; height: 24px;\">7.75%<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"height: 24px;\"><strong>Yes Bank<\/strong><\/td>\n<td style=\"height: 24px;\">1 Year &lt;= 10 years<\/td>\n<td style=\"text-align: center; height: 24px;\">7.75%<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"height: 24px;\"><strong>Dhanalakshmi Bank<\/strong><\/td>\n<td style=\"height: 24px;\">500 Days<\/td>\n<td style=\"text-align: center; height: 24px;\">7.75%<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"height: 24px;\"><strong>IDBI Bank<\/strong><\/td>\n<td style=\"height: 24px;\">1 year<\/td>\n<td style=\"text-align: center; height: 24px;\">7.75%<\/td>\n<\/tr>\n<tr style=\"height: 44px;\">\n<td style=\"height: 44px;\"><strong>Tamilnad Mercantile Bank<\/strong><\/td>\n<td style=\"height: 44px;\">1 Year<\/td>\n<td style=\"text-align: center; height: 44px;\">7.75%<\/td>\n<\/tr>\n<tr style=\"height: 44px;\">\n<td style=\"height: 44px;\"><strong>Kotak Mahindra Bank<\/strong><\/td>\n<td style=\"height: 44px;\">365 Days to 389 Days ; 23 months 1 Day- less than 2 years<\/td>\n<td style=\"text-align: center; height: 44px;\">7.70%<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"height: 24px;\"><strong>South Indian Bank<\/strong><\/td>\n<td style=\"height: 24px;\">1 year<\/td>\n<td style=\"text-align: center; height: 24px;\">7.70%<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"height: 24px;\"><strong>IDBI Bank<\/strong><\/td>\n<td style=\"height: 24px;\">&gt;1yrs to\u00a0 2yrs<\/td>\n<td style=\"text-align: center; height: 24px;\">7.70%<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"height: 24px;\"><strong>Syndicate Bank<\/strong><\/td>\n<td style=\"height: 24px;\">Above 2 to less than 5 yrs<\/td>\n<td style=\"text-align: center; height: 24px;\">7.65%<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"height: 24px;\"><strong>Kotak Mahindra Bank<\/strong><\/td>\n<td style=\"height: 24px;\">2 years- less than 3 years<\/td>\n<td style=\"text-align: center; height: 24px;\">7.60%<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"height: 24px;\"><strong>Syndicate Bank<\/strong><\/td>\n<td style=\"height: 24px;\">500 days exact<\/td>\n<td style=\"text-align: center; height: 24px;\">7.55%<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"height: 24px;\"><strong>Bank of Baroda<\/strong><\/td>\n<td style=\"height: 24px;\">444 days<\/td>\n<td style=\"text-align: center; height: 24px;\">7.50%<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"height: 24px;\"><strong>DCB Bank<\/strong><\/td>\n<td style=\"height: 24px;\">6 months to 12 months<\/td>\n<td style=\"text-align: center; height: 24px;\">7.50%<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"height: 24px;\"><strong>Standard Charted Bank<\/strong><\/td>\n<td style=\"height: 24px;\">376 days &lt; 18 Months<\/td>\n<td style=\"text-align: center; height: 24px;\">7.50%<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"height: 24px;\"><strong>Syndicate Bank<\/strong><\/td>\n<td style=\"height: 24px;\">400 days exact<\/td>\n<td style=\"text-align: center; height: 24px;\">7.50%<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"height: 24px;\"><strong>City Union Bank<\/strong><\/td>\n<td style=\"height: 24px;\">365 days &#8211; 5 Years<\/td>\n<td style=\"text-align: center; height: 24px;\">7.50%<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"height: 24px;\"><strong>Corporation Bank<\/strong><\/td>\n<td style=\"height: 24px;\">666 days only<\/td>\n<td style=\"text-align: center; height: 24px;\">7.50%<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"height: 24px;\"><strong>Deutsche Bank<\/strong><\/td>\n<td style=\"height: 24px;\">1.5 Years to less than 5 Years<\/td>\n<td style=\"text-align: center; height: 24px;\">7.50%<\/td>\n<\/tr>\n<tr style=\"height: 44px;\">\n<td style=\"height: 44px;\"><strong>Dhanalakshmi Bank<\/strong><\/td>\n<td style=\"height: 44px;\">365 days and above upto &amp; inclusive of 2 years<\/td>\n<td style=\"text-align: center; height: 44px;\">7.50%<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"height: 24px;\"><strong>Digibank by DBS<\/strong><\/td>\n<td style=\"height: 24px;\">1 year to 15 months<\/td>\n<td style=\"text-align: center; height: 24px;\">7.50%<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"height: 24px;\"><strong>Punjab National Bank<\/strong><\/td>\n<td style=\"height: 24px;\">1 year<\/td>\n<td style=\"text-align: center; height: 24px;\">7.50%<\/td>\n<\/tr>\n<tr style=\"height: 44px;\">\n<td style=\"height: 44px;\"><strong>Tamilnad Mercantile Bank<\/strong><\/td>\n<td style=\"height: 44px;\">1 Year to less than 3 Years<\/td>\n<td style=\"text-align: center; height: 44px;\">7.50%<\/td>\n<\/tr>\n<tr style=\"height: 44px;\">\n<td style=\"height: 44px;\"><strong>South Indian Bank<\/strong><\/td>\n<td style=\"height: 44px;\">Above 1 year to up to and incl. 2 years<\/td>\n<td style=\"text-align: center; height: 44px;\">7.30%<\/td>\n<\/tr>\n<tr style=\"height: 44px;\">\n<td style=\"height: 44px;\"><strong>Digibank by DBS<\/strong><\/td>\n<td style=\"height: 44px;\">15 months 1 day to less than 5 Years<\/td>\n<td style=\"text-align: center; height: 44px;\">7.00%<\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"height: 24px;\"><strong>State Bank of India<\/strong><\/td>\n<td style=\"height: 24px;\"><strong>Government Bank Benchmark<\/strong><\/td>\n<td style=\"text-align: center; height: 24px;\"><strong>7.50%<\/strong><\/td>\n<\/tr>\n<tr style=\"height: 44px;\">\n<td style=\"height: 44px;\"><strong>ICICI Bank<\/strong><\/td>\n<td style=\"height: 44px;\"><strong>Private Bank Benchmark<\/strong><\/td>\n<td style=\"text-align: center; height: 44px;\"><strong>7.40% &#8211; 7.60%<\/strong><\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"height: 24px;\"><strong><a href=\"https:\/\/www.apnaplan.com\/post-office-fd-interest\/\">Post Office FD (1 year)<\/a><\/strong><\/td>\n<td style=\"height: 24px;\"><strong>Post Office<\/strong><\/td>\n<td style=\"text-align: center; height: 24px;\"><strong>7.00%<\/strong><\/td>\n<\/tr>\n<tr style=\"height: 24px;\">\n<td style=\"height: 24px;\"><strong><a href=\"https:\/\/www.apnaplan.com\/post-office-fd-interest\/\">Post Office FD (2 years)<\/a><\/strong><\/td>\n<td style=\"height: 24px;\"><strong>Post Office<\/strong><\/td>\n<td style=\"text-align: center; height: 24px;\"><strong>7.00%<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"text-align: justify;\">[button link=&#8221;http:\/\/www.apnaplan.com\/highest-interest-rate-on-recurring-deposits-rd\/&#8221; size=&#8221;large&#8221; style=&#8221;tick&#8221; color=&#8221;darkcyan&#8221; text=&#8221;light&#8221;]Click for Best Interest Rate on Recurring Deposits[\/button]<\/p>\n<h2 style=\"text-align: justify;\">Interest Rate for FD (Senior Citizens)\u00a0of 2 &#8211; 5 Years<\/h2>\n<p style=\"text-align: justify;\"><strong>The highest interest rate is offered by DCB Bank (36 months) at 8.75%.<\/strong><\/p>\n<table width=\"506\">\n<tbody>\n<tr>\n<td width=\"179\"><strong>Bank<\/strong><\/td>\n<td width=\"236\"><strong>Description<\/strong><\/td>\n<td style=\"text-align: center;\" width=\"91\"><strong>Interest Rate<\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong>DCB Bank<\/strong><\/td>\n<td>36 months<\/td>\n<td style=\"text-align: center;\">8.75%<\/td>\n<\/tr>\n<tr>\n<td><strong>Ratnakar Bank<\/strong><\/td>\n<td>24 months to less than 36 months<\/td>\n<td style=\"text-align: center;\">8.55%<\/td>\n<\/tr>\n<tr>\n<td><strong>Lakshmi Vilas Bank<\/strong><\/td>\n<td>3 Years to 10 Years<\/td>\n<td style=\"text-align: center;\">8.35%<\/td>\n<\/tr>\n<tr>\n<td><strong>DCB Bank<\/strong><\/td>\n<td>36 months to 60 months<\/td>\n<td style=\"text-align: center;\">8.25%<\/td>\n<\/tr>\n<tr>\n<td><strong>Deutsche Bank<\/strong><\/td>\n<td>5 Years<\/td>\n<td style=\"text-align: center;\">8.25%<\/td>\n<\/tr>\n<tr>\n<td><strong>Bandhan Bank<\/strong><\/td>\n<td>2 years to less than 7 years<\/td>\n<td style=\"text-align: center;\">8.25%<\/td>\n<\/tr>\n<tr>\n<td><strong>Indus Ind Bank<\/strong><\/td>\n<td>1 Years 4 Months to below 3 Years<\/td>\n<td style=\"text-align: center;\">8.25%<\/td>\n<\/tr>\n<tr>\n<td><strong>Lakshmi Vilas Bank<\/strong><\/td>\n<td>1 Year to less than 3 years<\/td>\n<td style=\"text-align: center;\">8.20%<\/td>\n<\/tr>\n<tr>\n<td><strong>Yes Bank<\/strong><\/td>\n<td width=\"236\">2 years to less than 3 years<\/td>\n<td style=\"text-align: center;\">8.15%<\/td>\n<\/tr>\n<tr>\n<td><strong>DCB Bank<\/strong><\/td>\n<td>24 months to 36 months<\/td>\n<td style=\"text-align: center;\">8.10%<\/td>\n<\/tr>\n<tr>\n<td><strong>Ratnakar Bank<\/strong><\/td>\n<td>36 months to less than 120 months<\/td>\n<td style=\"text-align: center;\">8.10%<\/td>\n<\/tr>\n<tr>\n<td><strong>IDFC First Bank<\/strong><\/td>\n<td>732 &#8211; 5 Years<\/td>\n<td style=\"text-align: center;\">8.00%<\/td>\n<\/tr>\n<tr>\n<td><strong>Axis Bank<\/strong><\/td>\n<td>1 year 25 days &lt; 30 Months<\/td>\n<td style=\"text-align: center;\">7.95%<\/td>\n<\/tr>\n<tr>\n<td><strong>Indus Ind Bank<\/strong><\/td>\n<td>3 years to below 61 Months<\/td>\n<td style=\"text-align: center;\">7.95%<\/td>\n<\/tr>\n<tr>\n<td><strong>Federal Bank<\/strong><\/td>\n<td>Above 2 years to less than 3 years<\/td>\n<td style=\"text-align: center;\">7.90%<\/td>\n<\/tr>\n<tr>\n<td><strong>HDFC Bank<\/strong><\/td>\n<td>2 years &#8211; 3 Years<\/td>\n<td style=\"text-align: center;\">7.90%<\/td>\n<\/tr>\n<tr>\n<td><strong>Axis Bank<\/strong><\/td>\n<td>30 months &lt; 3 years<\/td>\n<td style=\"text-align: center;\">7.80%<\/td>\n<\/tr>\n<tr>\n<td><strong>IDBI Bank<\/strong><\/td>\n<td>1100 Days<\/td>\n<td style=\"text-align: center;\">7.80%<\/td>\n<\/tr>\n<tr>\n<td><strong>J&amp;K Bank<\/strong><\/td>\n<td>1 year to less than 5 years<\/td>\n<td style=\"text-align: center;\">7.80%<\/td>\n<\/tr>\n<tr>\n<td><strong>Axis Bank<\/strong><\/td>\n<td>3 years &lt; 5 years<\/td>\n<td style=\"text-align: center;\">7.75%<\/td>\n<\/tr>\n<tr>\n<td><strong>City Union Bank<\/strong><\/td>\n<td>1000 Days<\/td>\n<td style=\"text-align: center;\">7.75%<\/td>\n<\/tr>\n<tr>\n<td><strong>South Indian Bank<\/strong><\/td>\n<td>2 years to upto and incl. 3 years<\/td>\n<td style=\"text-align: center;\">7.75%<\/td>\n<\/tr>\n<tr>\n<td><strong>Yes Bank<\/strong><\/td>\n<td>1 Year &lt;= 10 years<\/td>\n<td style=\"text-align: center;\">7.75%<\/td>\n<\/tr>\n<tr>\n<td><strong>Federal Bank<\/strong><\/td>\n<td>3 years and above<\/td>\n<td style=\"text-align: center;\">7.75%<\/td>\n<\/tr>\n<tr>\n<td><strong>HDFC Bank<\/strong><\/td>\n<td>3 years 1day &#8211; 5 years<\/td>\n<td style=\"text-align: center;\">7.75%<\/td>\n<\/tr>\n<tr>\n<td><strong>Syndicate Bank<\/strong><\/td>\n<td>Above 2 to less than 5 yrs<\/td>\n<td style=\"text-align: center;\">7.65%<\/td>\n<\/tr>\n<tr>\n<td><strong>Kotak Mahindra Bank<\/strong><\/td>\n<td>2 years- less than 3 years<\/td>\n<td style=\"text-align: center;\">7.60%<\/td>\n<\/tr>\n<tr>\n<td><strong>South Indian Bank<\/strong><\/td>\n<td>3 years and above up to and incl. 10 years<\/td>\n<td style=\"text-align: center;\">7.55%<\/td>\n<\/tr>\n<tr>\n<td><strong>IDBI Bank<\/strong><\/td>\n<td>&gt;2 yrs to &lt; 3 yrs<\/td>\n<td style=\"text-align: center;\">7.55%<\/td>\n<\/tr>\n<tr>\n<td><strong>Karur Vysya Bank<\/strong><\/td>\n<td>2 years and above<\/td>\n<td style=\"text-align: center;\">7.50%<\/td>\n<\/tr>\n<tr>\n<td><strong>Kotak Mahindra Bank<\/strong><\/td>\n<td>3 years and above but less than 5 years<\/td>\n<td style=\"text-align: center;\">7.50%<\/td>\n<\/tr>\n<tr>\n<td><strong>Repco Bank<\/strong><\/td>\n<td>Above 2 years &#8211; 5 Years<\/td>\n<td style=\"text-align: center;\">7.50%<\/td>\n<\/tr>\n<tr>\n<td><strong>Standard Charted Bank<\/strong><\/td>\n<td>2 Years &#8211; 3 Years<\/td>\n<td style=\"text-align: center;\">7.50%<\/td>\n<\/tr>\n<tr>\n<td><strong>City Union Bank<\/strong><\/td>\n<td>365 days &#8211; 5 Years<\/td>\n<td style=\"text-align: center;\">7.50%<\/td>\n<\/tr>\n<tr>\n<td><strong>Deutsche Bank<\/strong><\/td>\n<td>1.5 Years to less than 5 Years<\/td>\n<td style=\"text-align: center;\">7.50%<\/td>\n<\/tr>\n<tr>\n<td><strong>Oriental Bank of Commerce<\/strong><\/td>\n<td>1 Year to less than 2 Years<\/td>\n<td style=\"text-align: center;\">7.50%<\/td>\n<\/tr>\n<tr>\n<td><strong>Tamilnad Mercantile Bank<\/strong><\/td>\n<td>1 Year to less than 3 Years<\/td>\n<td style=\"text-align: center;\">7.50%<\/td>\n<\/tr>\n<tr>\n<td><strong>Tamilnad Mercantile Bank<\/strong><\/td>\n<td>3 Years &amp; above<\/td>\n<td style=\"text-align: center;\">7.40%<\/td>\n<\/tr>\n<tr>\n<td><strong>Digibank by DBS<\/strong><\/td>\n<td>15 months 1 day to less than 5 Years<\/td>\n<td style=\"text-align: center;\">7.00%<\/td>\n<\/tr>\n<tr>\n<td><strong>State Bank of India<\/strong><\/td>\n<td><strong>Government Bank Benchmark<\/strong><\/td>\n<td style=\"text-align: center;\"><strong>7.20% &#8211; 7.25%<\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong>ICICI Bank<\/strong><\/td>\n<td><strong>Private Bank Benchmark<\/strong><\/td>\n<td style=\"text-align: center;\"><strong>7.75% &#8211; 8.00%<\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong><a href=\"https:\/\/www.apnaplan.com\/post-office-fd-interest\/\">Post Office FD (2 years)<\/a><\/strong><\/td>\n<td><strong>Post Office<\/strong><\/td>\n<td style=\"text-align: center;\"><strong>7.00%<\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong><a href=\"https:\/\/www.apnaplan.com\/post-office-fd-interest\/\">Post Office FD (3 years)<\/a><\/strong><\/td>\n<td><strong>Post Office<\/strong><\/td>\n<td style=\"text-align: center;\"><strong>7.00%<\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong><a href=\"https:\/\/www.apnaplan.com\/post-office-fd-interest\/\">Post Office FD (5 years)<\/a><\/strong><\/td>\n<td><strong>Post Office<\/strong><\/td>\n<td style=\"text-align: center;\"><strong>7.80%<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<blockquote>\n<p style=\"text-align: justify;\"><strong><br \/>\nAlso Read:<\/strong>\u00a0<a href=\"http:\/\/www.apnaplan.com\/where-to-park-money-for-very-short-term-less-than-6-months\/\">Where to Park Money for Very Short Term [less than 6 Months]?<\/a><\/p>\n<\/blockquote>\n<h2 style=\"text-align: justify;\">Interest Rate for Fixed Deposit (Senior Citizens) of 5\u00a0&#8211; 10 Years<\/h2>\n<p style=\"text-align: justify;\"><strong>The highest interest rate is offered by Bandhan Bank (2 years to less than 7 years) at 8.25%.<\/strong><\/p>\n<table width=\"514\">\n<tbody>\n<tr>\n<td width=\"179\"><strong>Bank<\/strong><\/td>\n<td width=\"244\"><strong>Description<\/strong><\/td>\n<td style=\"text-align: center;\" width=\"91\"><strong>Interest Rate<\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong>Bandhan Bank<\/strong><\/td>\n<td>2 years to less than 7 years<\/td>\n<td style=\"text-align: center;\">8.25%<\/td>\n<\/tr>\n<tr>\n<td><strong>Lakshmi Vilas Bank<\/strong><\/td>\n<td>12 Months to 120 Months<\/td>\n<td style=\"text-align: center;\">8.10%<\/td>\n<\/tr>\n<tr>\n<td><strong>Ratnakar Bank<\/strong><\/td>\n<td>36 months to less than 120 months<\/td>\n<td style=\"text-align: center;\">8.10%<\/td>\n<\/tr>\n<tr>\n<td><strong>Indus Ind Bank<\/strong><\/td>\n<td>3 years to below 61 Months<\/td>\n<td style=\"text-align: center;\">7.95%<\/td>\n<\/tr>\n<tr>\n<td><strong>DCB Bank<\/strong><\/td>\n<td>More than 60 months to 120 months<\/td>\n<td style=\"text-align: center;\">7.75%<\/td>\n<\/tr>\n<tr>\n<td><strong>IDFC First Bank<\/strong><\/td>\n<td>5 years 1 Day &#8211; 10 years<\/td>\n<td style=\"text-align: center;\">7.75%<\/td>\n<\/tr>\n<tr>\n<td><strong>Yes Bank<\/strong><\/td>\n<td>1 Year &lt;= 10 years<\/td>\n<td style=\"text-align: center;\">7.75%<\/td>\n<\/tr>\n<tr>\n<td><strong>Federal Bank<\/strong><\/td>\n<td>3 years and above<\/td>\n<td style=\"text-align: center;\">7.75%<\/td>\n<\/tr>\n<tr>\n<td><strong>Indus Ind Bank<\/strong><\/td>\n<td>61 month and above<\/td>\n<td style=\"text-align: center;\">7.75%<\/td>\n<\/tr>\n<tr>\n<td><strong>South Indian Bank<\/strong><\/td>\n<td>3 years and above up to and incl. 10 years<\/td>\n<td style=\"text-align: center;\">7.55%<\/td>\n<\/tr>\n<tr>\n<td><strong>Axis Bank<\/strong><\/td>\n<td>5 years to 10 years<\/td>\n<td style=\"text-align: center;\">7.50%<\/td>\n<\/tr>\n<tr>\n<td><strong>Karur Vysya Bank<\/strong><\/td>\n<td>2 years and above<\/td>\n<td style=\"text-align: center;\">7.50%<\/td>\n<\/tr>\n<tr>\n<td><strong>Digibank by DBS<\/strong><\/td>\n<td>15 months 1 day to less than 5 Years<\/td>\n<td style=\"text-align: center;\">7.00%<\/td>\n<\/tr>\n<tr>\n<td><strong>State Bank of India<\/strong><\/td>\n<td><strong>Government Bank Benchmark<\/strong><\/td>\n<td style=\"text-align: center;\"><strong>7.10%<\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong>ICICI Bank<\/strong><\/td>\n<td><strong>Private Bank Benchmark<\/strong><\/td>\n<td style=\"text-align: center;\"><strong>7.50%<\/strong><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p style=\"text-align: justify;\"><span style=\"color: #23282d; font-size: 1.6em; font-weight: 600;\">Interest Rate for Fixed Deposit of more than 10 Years<\/span><\/p>\n<p style=\"text-align: justify;\">The Ratnakar Bank and IDBI bank offers fixed deposit of up to 20 years.<\/p>\n<table>\n<tbody>\n<tr>\n<td><strong>Bank<\/strong><\/td>\n<td><strong>Description<\/strong><\/td>\n<td style=\"text-align: center;\"><strong>Interest Rate<\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong>Ratnakar Bank<\/strong><\/td>\n<td>121 months to less than 240 months<\/td>\n<td style=\"text-align: center;\">7.70%<\/td>\n<\/tr>\n<tr>\n<td><strong>IDBI Bank<\/strong><\/td>\n<td>10 Years to 20 Years<\/td>\n<td style=\"text-align: center;\">6.50%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<blockquote>\n<h2><span style=\"text-decoration: underline;\">Helpful Posts on Fixed Deposits<\/span><\/h2>\n<p><a href=\"https:\/\/www.apnaplan.com\/highest-interest-rate-on-bank-fixed-deposits-fd\/\">Which bank offers Highest Interest Rate on Bank FD?<\/a><\/p>\n<p><a href=\"https:\/\/www.apnaplan.com\/invest-fixed-deposits\/\">13 Most Important things to know before investing in Bank Fixed Deposits<\/a><\/p>\n<p><a href=\"https:\/\/www.apnaplan.com\/sec-80ttb\/\">Section 80TTB: Senior Citizens can Save Tax on their Interest Income<\/a><\/p>\n<p><a href=\"https:\/\/www.apnaplan.com\/budget-2019-key-changes-income-tax-rules\/\">TDS threshold on Bank FD increased to Rs 40,000 from April 1, 2019\u00a0<\/a><\/p>\n<p><a href=\"https:\/\/www.apnaplan.com\/how-fill-form-15g-15h\/\">Avoid TDS: fill Form 15G and 15H<\/a><\/p>\n<p><a href=\"https:\/\/www.apnaplan.com\/fd-interest-rates-small-bank\/\">Small Bank FDs offer interest up to 9% &#8211; Should you invest?<\/a><\/p>\n<p><a href=\"http:\/\/www.apnaplan.com\/swp-debt-mutual-funds\/\">How SWP in Debt Funds generate higher returns than FD<\/a><\/p>\n<p><a href=\"http:\/\/www.apnaplan.com\/bank-deposit-insurance\/\">How to increase bank deposit insurance through Joint accounts?<\/a><\/p>\n<p><a href=\"http:\/\/www.apnaplan.com\/how-safe-is-your-bank-fixed-deposit\/\"><span style=\"-webkit-text-stroke-color: initial; -webkit-text-stroke-width: 0.15px;\">How Safe is Your Fixed Deposit in Bank?<\/span><\/a><\/p>\n<p><a href=\"http:\/\/www.apnaplan.com\/how-are-you-losing-money-by-investing-in-fixed-deposits\/\"><span style=\"-webkit-text-stroke-color: initial; -webkit-text-stroke-width: 0.15px;\">How you loose Money in Fixed Deposits?<\/span><\/a><\/p>\n<p><a href=\"https:\/\/www.apnaplan.com\/highest-tax-saving-bank-fixed-deposit-rates-us-80c\/\">Fixed Deposits that you can use to save Tax\u00a0<\/a><\/p>\n<p><a href=\"https:\/\/www.apnaplan.com\/best-nre-fd-rates\/\">Fixed Deposits for NRIs<\/a><\/p>\n<p><a href=\"https:\/\/www.apnaplan.com\/highest-interest-rate-on-recurring-deposits-rd\/\">Highest Interest Rate on Recurring Deposits<\/a><\/p>\n<p><a href=\"https:\/\/www.apnaplan.com\/fixed-deposits-power-of-compounding-interest-rate-frequency-and-yield\/\">Understanding Compounding and Yield in Fixed Deposit<\/a><\/p>\n<p><a href=\"https:\/\/www.apnaplan.com\/credit-card-against-fixed-deposit\/\">How to get\u00a0Credit card against Fixed Deposit?<\/a><\/p>\n<p><a href=\"http:\/\/www.apnaplan.com\/company-fixed-deposit\/\">7 High Rated Companies Offering more than Bank Fixed Deposits<\/a><\/p>\n<p><a href=\"https:\/\/www.apnaplan.com\/post-office-fd-interest\/\">All about Post Office FD Schemes<\/a><\/p><\/blockquote>\n<h2 style=\"text-align: justify;\">Small Banks FD Interest Rates for Senior Citizens:<\/h2>\n<p style=\"text-align: justify;\">RBI on September 2015 had granted licence to 10 Small Finance Banks. <strong>Lately these banks have been in news for offering higher interest rates on their fixed deposits as compared to regular banks.<\/strong> The table below compares the interest rate offered by Small banks. The difference is substantial for low tenure deposits &#8211; <strong>Fincare Small Finance Bank (2 to 3 years) <\/strong>offers 9.5% for 24 to 36 months deposit while SBI offers 7.2% only.<\/p>\n<blockquote><p><strong>Also Read:<\/strong> <a href=\"https:\/\/www.apnaplan.com\/fd-interest-rates-small-bank\/\">Should you invest in Small banks Fixed Deposits?<\/a><\/p><\/blockquote>\n<p><span style=\"text-decoration: underline;\"><strong>Additional Interest to Senior Citizens:<\/strong><\/span><\/p>\n<ul>\n<li>Equitas Small Finance Bank\u00a0offers additional 0.75% for Senior citizens.<\/li>\n<li>Jana Small Bank offers additional 0.60% for Senior citizens.<\/li>\n<li>All other small banks offer additional 0.5% to senior citizens.<\/li>\n<\/ul>\n<table width=\"673\">\n<tbody>\n<tr>\n<td width=\"201\"><strong>\u00a0Banks\u00a0<\/strong><\/td>\n<td style=\"text-align: center;\" width=\"64\"><strong>&lt;1 year<\/strong><\/td>\n<td style=\"text-align: center;\" width=\"64\"><strong>1 Year<\/strong><\/td>\n<td style=\"text-align: center;\" width=\"64\"><strong>2 Years<\/strong><\/td>\n<td style=\"text-align: center;\" width=\"64\"><strong>3 Years<\/strong><\/td>\n<td style=\"text-align: center;\" width=\"64\"><strong>4 Years<\/strong><\/td>\n<td style=\"text-align: center;\" width=\"67\"><strong>5 Years<\/strong><\/td>\n<td style=\"text-align: center;\" width=\"85\"><strong>5 Year+<\/strong><\/td>\n<\/tr>\n<tr>\n<td><strong>AU Small Finance Bank\u00a0<\/strong><\/td>\n<td style=\"text-align: center;\">7.51%<\/td>\n<td style=\"text-align: center;\">7.51%<\/td>\n<td style=\"text-align: center;\">8.37%<\/td>\n<td style=\"text-align: center;\">8.60%<\/td>\n<td style=\"text-align: center;\">8.27%<\/td>\n<td style=\"text-align: center;\">8.27%<\/td>\n<td style=\"text-align: center;\">7.80%<\/td>\n<\/tr>\n<tr>\n<td><strong>Capital Small Finance Bank\u00a0<\/strong><\/td>\n<td style=\"text-align: center;\">7.65%<\/td>\n<td style=\"text-align: center;\">8.30%<\/td>\n<td style=\"text-align: center;\">8.30%<\/td>\n<td style=\"text-align: center;\">8.30%<\/td>\n<td style=\"text-align: center;\">8.30%<\/td>\n<td style=\"text-align: center;\">8.15%<\/td>\n<td style=\"text-align: center;\">7.90%<\/td>\n<\/tr>\n<tr>\n<td><strong>Equitas Small Finance Bank<\/strong><\/td>\n<td style=\"text-align: center;\">8.00%<\/td>\n<td style=\"text-align: center;\">8.70%<\/td>\n<td style=\"text-align: center;\">9.05%<\/td>\n<td style=\"text-align: center;\">9.05%<\/td>\n<td style=\"text-align: center;\">7.50%<\/td>\n<td style=\"text-align: center;\">7.50%<\/td>\n<td style=\"text-align: center;\">7.50%<\/td>\n<\/tr>\n<tr>\n<td><strong>ESAF Small Finance Bank\u00a0<\/strong><\/td>\n<td style=\"text-align: center;\">8.00%<\/td>\n<td style=\"text-align: center;\">9.00%<\/td>\n<td style=\"text-align: center;\">9.00%<\/td>\n<td style=\"text-align: center;\">7.80%<\/td>\n<td style=\"text-align: center;\">7.80%<\/td>\n<td style=\"text-align: center;\">7.80%<\/td>\n<td style=\"text-align: center;\">7.80%<\/td>\n<\/tr>\n<tr>\n<td><strong>Fincare Small Finance Bank\u00a0<\/strong><\/td>\n<td style=\"text-align: center;\">7.50%<\/td>\n<td style=\"text-align: center;\">8.50%<\/td>\n<td style=\"text-align: center;\">9.50%<\/td>\n<td style=\"text-align: center;\">9.50%<\/td>\n<td style=\"text-align: center;\">8.50%<\/td>\n<td style=\"text-align: center;\">8.50%<\/td>\n<td style=\"text-align: center;\">7.50%<\/td>\n<\/tr>\n<tr>\n<td><strong>Jana Small Finance Bank<\/strong><\/td>\n<td style=\"text-align: center;\">9.10%<\/td>\n<td style=\"text-align: center;\">9.10%<\/td>\n<td style=\"text-align: center;\">9.20%<\/td>\n<td style=\"text-align: center;\">9.10%<\/td>\n<td style=\"text-align: center;\">8.60%<\/td>\n<td style=\"text-align: center;\">8.60%<\/td>\n<td style=\"text-align: center;\">7.35%<\/td>\n<\/tr>\n<tr>\n<td><strong>Suryoday Small Finance Bank\u00a0<\/strong><\/td>\n<td style=\"text-align: center;\">8.25%<\/td>\n<td style=\"text-align: center;\">8.85%<\/td>\n<td style=\"text-align: center;\">9.25%<\/td>\n<td style=\"text-align: center;\">9.25%<\/td>\n<td style=\"text-align: center;\">8.50%<\/td>\n<td style=\"text-align: center;\">8.75%<\/td>\n<td style=\"text-align: center;\">7.75%<\/td>\n<\/tr>\n<tr>\n<td><strong>Ujjivan Small Finance Bank<\/strong><\/td>\n<td style=\"text-align: center;\">8.00%<\/td>\n<td style=\"text-align: center;\">8.80%<\/td>\n<td style=\"text-align: center;\">9.10%<\/td>\n<td style=\"text-align: center;\">8.00%<\/td>\n<td style=\"text-align: center;\">7.50%<\/td>\n<td style=\"text-align: center;\">7.50%<\/td>\n<td style=\"text-align: center;\">7.00%<\/td>\n<\/tr>\n<tr>\n<td><strong>Utkarsh Small Finance Bank<\/strong><\/td>\n<td style=\"text-align: center;\">8.00%<\/td>\n<td style=\"text-align: center;\">9.00%<\/td>\n<td style=\"text-align: center;\">9.50%<\/td>\n<td style=\"text-align: center;\">8.35%<\/td>\n<td style=\"text-align: center;\">7.50%<\/td>\n<td style=\"text-align: center;\">8.50%<\/td>\n<td style=\"text-align: center;\">7.50%<\/td>\n<\/tr>\n<tr>\n<td><strong>SBI<\/strong><\/td>\n<td style=\"text-align: center;\">6.90%<\/td>\n<td style=\"text-align: center;\">7.50%<\/td>\n<td style=\"text-align: center;\">7.25%<\/td>\n<td style=\"text-align: center;\">7.20%<\/td>\n<td style=\"text-align: center;\">7.20%<\/td>\n<td style=\"text-align: center;\">7.10%<\/td>\n<td style=\"text-align: center;\">7.10%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><strong style=\"-webkit-text-stroke: 0.15px;\">Source:<\/strong><span style=\"-webkit-text-stroke: 0.15px;\"> Bank Websites \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0<\/span><strong style=\"-webkit-text-stroke: 0.15px;\">Last Updated: July 1<\/strong><strong style=\"-webkit-text-stroke: 0.15px;\">, 2019<\/strong><\/p>\n<p style=\"text-align: justify;\"><strong>Disclaimer:<\/strong> The Fixed Deposit Interest Rates keep on changing. You are advised to check the interest rates with banks before making your FD.<\/p>\n<blockquote>\n<p style=\"text-align: justify;\"><strong>Also Read: <\/strong><a href=\"https:\/\/www.apnaplan.com\/monthly-income\/\">11 Investments to Generate Regular Monthly Income<\/a><\/p>\n<\/blockquote>\n<figure id=\"attachment_11332\" aria-describedby=\"caption-attachment-11332\" style=\"width: 757px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-11332\" src=\"https:\/\/www.apnaplan.com\/wp-content\/uploads\/2018\/12\/Highest-Interest-Rate-on-Bank-Fixed-Deposits-for-Senior-Citizens-May-2019-1024x577.png\" alt=\"Highest Interest Rate on Bank Fixed Deposits for Senior Citizens - May 2019\" width=\"757\" height=\"427\" title=\"\" srcset=\"https:\/\/www.apnaplan.com\/wp-content\/uploads\/2018\/12\/Highest-Interest-Rate-on-Bank-Fixed-Deposits-for-Senior-Citizens-May-2019-1024x577.png 1024w, https:\/\/www.apnaplan.com\/wp-content\/uploads\/2018\/12\/Highest-Interest-Rate-on-Bank-Fixed-Deposits-for-Senior-Citizens-May-2019-300x169.png 300w, https:\/\/www.apnaplan.com\/wp-content\/uploads\/2018\/12\/Highest-Interest-Rate-on-Bank-Fixed-Deposits-for-Senior-Citizens-May-2019-768x433.png 768w, https:\/\/www.apnaplan.com\/wp-content\/uploads\/2018\/12\/Highest-Interest-Rate-on-Bank-Fixed-Deposits-for-Senior-Citizens-May-2019.png 1123w\" sizes=\"(max-width: 757px) 100vw, 757px\" \/><figcaption id=\"caption-attachment-11332\" class=\"wp-caption-text\"><strong>Highest Interest Rate on Bank Fixed Deposits for Senior Citizens &#8211; May 2019<\/strong><\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>The post lists down the rate of interest on Bank fixed deposits for Senior Citizens\u00a0as of\u00a0June 1, 2019. You might want to bookmark this page as the FD interest rates would be updated every month. Would help you in better decision making. Fixed Deposit Highlights: Most banks offer FDs for tenure of 7 Days to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":11332,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[683,195,30],"tags":[320,3234,321,3235,3756,304,3236,3237,310,3238,311,3239,318,3240,314,3241,3757,289,3242,312,3243,3282,296,3244,316,3245,386,3246,290,3247,3283,951,3248,3758,3759,2420,334,3249,3760,2421,306,3250,303,3251,291,3252,3253,335,3254,338,3255,2422,3256,377,333,3257,3761,332,3258,293,3259,272,3260,288,3261,294,3262,3263,957,3264,307,3265,3266,692,297,3267,3284,950,3268,954,3269,268,3270,3271,953,3272,298,3273,3762,305,3274,2423,3275,955,3276,958,3277,3763,319,3278,309,3279,3764,337,3280,271,3281],"uagb_featured_image_src":{"full":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2018\/12\/Highest-Interest-Rate-on-Bank-Fixed-Deposits-for-Senior-Citizens-May-2019.png",1123,633,false],"thumbnail":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2018\/12\/Highest-Interest-Rate-on-Bank-Fixed-Deposits-for-Senior-Citizens-May-2019-150x150.png",150,150,true],"medium":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2018\/12\/Highest-Interest-Rate-on-Bank-Fixed-Deposits-for-Senior-Citizens-May-2019-300x169.png",300,169,true],"medium_large":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2018\/12\/Highest-Interest-Rate-on-Bank-Fixed-Deposits-for-Senior-Citizens-May-2019-768x433.png",768,433,true],"large":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2018\/12\/Highest-Interest-Rate-on-Bank-Fixed-Deposits-for-Senior-Citizens-May-2019-1024x577.png",1024,577,true],"1536x1536":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2018\/12\/Highest-Interest-Rate-on-Bank-Fixed-Deposits-for-Senior-Citizens-May-2019.png",1123,633,false],"2048x2048":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2018\/12\/Highest-Interest-Rate-on-Bank-Fixed-Deposits-for-Senior-Citizens-May-2019.png",1123,633,false],"yarpp-thumbnail":["https:\/\/www.apnaplan.com\/wp-content\/uploads\/2018\/12\/Highest-Interest-Rate-on-Bank-Fixed-Deposits-for-Senior-Citizens-May-2019.png",120,68,false]},"uagb_author_info":{"display_name":"Amit","author_link":"https:\/\/www.apnaplan.com\/author\/admin\/"},"uagb_comment_info":27,"uagb_excerpt":"The post lists down the rate of interest on Bank fixed deposits for Senior Citizens\u00a0as of\u00a0June 1, 2019. You might want to bookmark this page as the FD interest rates would be updated every month. Would help you in better decision making. Fixed Deposit Highlights: Most banks offer FDs for tenure of 7 Days to&hellip;","_links":{"self":[{"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/posts\/5408"}],"collection":[{"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/comments?post=5408"}],"version-history":[{"count":0,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/posts\/5408\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/media\/11332"}],"wp:attachment":[{"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/media?parent=5408"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/categories?post=5408"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.apnaplan.com\/wp-json\/wp\/v2\/tags?post=5408"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}