5 PSU Banks Offering Up To 8.85% FD Interest Rates For Senior Citizens

Find out which are these five Banks offering these attractive interest rates on FD

State Bank Of India

Senior citizens can receive interest rates ranging from 3.50% to 7.50% on fixed deposits for terms of 2 years to less than 3 years. The bank is also giving older citizens an interest rate as high as 7.60% under the exclusive 400-day deposit plan known as the Amrit Kalash plan.

Punjab & Sind Bank

Senior citizens will receive an interest rate of 8.50%, while super senior citizens will receive an interest rate of 8.85% on the Utkarsh 222 Days plan with Punjab & Sind Bank.

Punjab National Bank

For a term of 666 days, this PSU bank offers senior citizens 7.75% FD interest rates, and 8.05% interest rate is offered to super senior citizens.

Union Bank Of India

UBI is offering 7.80% FD interest rate for senior citizens for a tenure of 800 days and 8.05% to super senior citizens for the same tenure, on term deposits up to Rs. 5 Crores.

Indian Bank

Indian Bank provides 7.2% interest rate to senior citizens and 7.45% interest rate to super senior citizens, with a tenure of two years to less than three years.

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