These FD Schemes are offering 8% Interest Rate, Know all the details
FD Scheme: FDs are considered a reliable investment option. Their popularity is even greater among senior citizens, as they benefit from higher interest rates compared to regular customers. Some small finance banks are offering FD schemes that allow senior citizens to earn attractive returns with better interest rates.
If you or a senior citizen in your family is looking for a safe investment option, these schemes could be suitable. Let’s explore some of these FD schemes…
1. Jana Small Finance Bank: Jana Small Finance Bank is offering a 7.77% interest rate on 5-year fixed deposits (FDs) for senior citizens. This could be a good option for senior citizens looking for a safe return on their investment.
2. AU Small Finance Bank: AU Small Finance Bank is offering an annual interest rate of 7.25% on 5-year FDs for senior citizens. Senior citizens seeking a secure investment with fixed returns can invest in this FD scheme for better returns.
3. Suryoday Small Finance Bank: Suryoday Small Finance Bank is offering an annual interest rate of 8% on 5-year FDs for senior citizens. If you are looking for a secure investment with good returns, this bank’s FD could be a better option.
4. ESAF Small Finance Bank: ESAF Small Finance Bank is offering an annual interest rate of 6.25% on 5-year FDs for senior citizens. Those looking for a safe investment option can consider this bank’s fixed deposit.
5. Equitas Small Finance Bank: Equitas Small Finance Bank is offering an annual interest rate of 7.50% on 5-year FDs for senior citizens.
