Getty ImagesSenior care FD details
Senior citizen investors are offered an additional 0.25 percent interest rate under the scheme. The premium is on top of the 0.50 percent that is currently given to senior investors on FD accounts. As a result, investors in the Senior Citizen Care FD program earn 0.75% higher interest than typical clients do.
Interest rate offered on senior care FD
Interest rate offered in special senior citizen care FD is 7.75% on tenure ranging between 5 years one day to 10 years.Senior Citizen FD rates
HDFC Bank offers an interest rate between 3.5% to 7.75% on tenures ranging from 7 days to 10 years.
| Tenor | Senior Citizen Rates |
| 7 - 14 days | 3.50% |
| 15 - 29 days | 3.50% |
| 30 - 45 days | 4.00% |
| 46 - 60 days | 5.00% |
| 61 - 89 days | 5.00% |
| 90 days < = 6 months | 5.00% |
| 6 months 1 days < = 9 months | 6.25% |
| 9 months 1 day to < 1 year | 6.50% |
| 1 year to < 15 months | 7.10% |
| 15 months to < 18 months | 7.60% |
| 18 months to < 21 months | 7.50% |
| 21 months - 2 years | 7.50% |
| 2 Years 1 day to < 2 Year 11 Months | 7.50% |
| 2 Years 11 Months - 35 Months | 7.70% |
| 2 Years 11 Months 1 day < = 3 Year | 7.50% |
| 3 Years 1 day to < 4 Years 7 Months | 7.50% |
| 4 Year 7 Months - 55 months | 7.75% |
| 4 Year 7 Months 1 day < = 5 Years | 7.50% |
| 5 Years 1 day - 10 Years | 7.75%* |
SBI Wecare senior citizen deposit is extended to September 30, 2023 and ICICI Bank senior citizen Golden Years FD is extended with no set last date.
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