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Fixed Deposit: If you fall under the category of senior citizen customers then this news is for you. Many banks in the country are offering bumper interest on fixed deposits (FD) to their customers. At the same time, these banks are offering higher interest than their regular rates to their senior citizen customers. Some of these Small Finance Banks (SFBs) are offering up to 9.50% interest to their senior citizen customers. Let us tell you that in these banks you also get an insurance cover of up to 5 lakh rupees on your deposit amount. Today, let’s know about 7 small finance banks where senior citizen customers get 9% or more interest.
1. Unity Small Finance Bank
Unity Small Finance Bank offers 9.50% interest on 1001 day fixed deposits to its senior citizen customers.
2. Utkarsh Small Finance Bank
Utkarsh Small Finance Bank offers 9.10% interest on fixed deposits from 2 years to 3 years to its senior citizen customers.
3. Suryodaya Small Finance Bank
Suryodaya Small Finance Bank offers 9.10% interest on fixed deposits above 2 years and up to 3 years to its senior citizen customers.
4. Jana Small Finance Bank
Jana Small Finance Bank offers 9.10% interest on Fixed Deposits above 2 years and up to 3 years to its senior citizen customers.
5. Fincare Small Finance Bank
Fincare Small Finance Bank is offering 9.11% interest on 750 day FD to its senior citizen customers.
6. Equitas Small Finance Bank
Equitas Small Finance Bank is offering 9% interest on 444 days fixed deposit to its senior citizen customers.
7. ESAF Small Finance Bank
ESAF Small Finance Bank offers its senior citizen customers 9% interest on FDs of tenure less than 2 years to 3 years.
Disclaimer: Here is information about share performance only, not investment advice. Investment in stock market is subject to risk and please consult your advisor before investing.