FD Update: Senior citizens are happy, these government and private banks are giving the highest interest on FD..

People adopt different methods to invest their savings. Some people take advantage of government schemes, while some prefer to invest in the stock market. However, most people, especially senior citizens, prefer to keep their money in a bank FD (fixed deposit). This is because banks give higher interest rates on FDs to senior citizens than to normal citizens, making it a safe and attractive option for them. (Bank FD News)

If you are also a senior citizen and want to invest your money in a good interest rate FD, then this news is going to be very important for you. Today in the news, we will tell you about some such FDs, which will give the highest interest rate return. It includes both government and private banks.

Government bank FD for senior citizens-

There are many government banks in the country, which are offering very good interest rate returns to senior citizens in their FDs. These banks are offering returns at the maximum interest rate.

Punjab and Sind Bank- 7.55 percent-

Bank of India - 7.50 percent

Central Bank of India - 7.50 percent

Indian Overseas Bank- 7.45 percent

Indian Bank- 7.40 percent

Private bank FD for senior citizens-

There are many private banks in the country that are offering very good interest rate returns to senior citizens in their FDs. These banks are offering returns at the maximum interest rate.

SBM Bank- 8.55 percent

Bandhan Bank- 7.90 percent

CSB Bank- 7.90 percent

DCB Bank- 7.90 percent

RBL Bank- 7.80 percent

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