On fixed deposits, these five banks are giving the highest interest on two-year fixed deposits. These banks are offering higher interest rates to senior citizens as compared to general citizens.
Fixed deposits have become a good option for investment after the increase in interest rates for some time. Many banks are paying good interest rates to the customers on fixed deposits. Here five such banks have been told.
DCB Bank is paying 8.5 percent interest on two-year fixed deposits. This interest rate is being given to senior citizens. At the same time, this bank is offering a high interest rate of 7.75 percent to the common citizens.
Similarly, IndusInd Bank is giving 8.25 percent interest on two-year FDs to senior citizens, while for common citizens, this bank is giving the highest interest of 7.75 percent.
RBL Bank is offering 8 percent interest on two-year FDs to senior citizens. At the same time, the highest interest of 7.80 percent is being given to the common citizens for the tenure of 10 years.
Axis Bank is offering 7.8 percent interest on two-year fixed deposits to senior citizens, while the maximum interest for the highest tenure for common citizens is 7.1 percent.
AU Small Finance Bank is giving 7.75 per cent interest to senior citizens on two-year FDs, while giving maximum 7 per cent interest to common citizens on high tenure.
