Senior Citizens FD Interest Rate: 7.75% interest on this FD plan of RBL Bank, know who will get the benefit and how

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Apart from the additional interest rates, senior citizen FD account holders can enjoy many other benefits like RBL Additional Interest Rate On 15-month FD Plan: on their deposits with the bank. The bank pays the interest rate applicable on the date of deposit on premature full or partial withdrawal of funds.

New Schemes For Super Senior Citizen: Many types of concessions are available for senior citizens in banks and they also get additional interest in many schemes. Apart from this, banks also launch special plans from time to time for their super senior customers. RBL Bank has announced to provide such facilities for its super senior customers. Super senior customers are those people who are 80 years of age and above. Last month , on International Senior Citizen’s Day, the bank said that it takes special care of its customers aged 80 and above and is going to give them strong returns on fixed deposits as a gift in their honor.

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The bank said that super senior citizens who have crossed the age of 80 can avail huge benefits by investing in this scheme. Under the scheme, super senior customers of the bank can get an FD of less than Rs 2 crore. This FD will mature in just 15 months. It is also named as Super Senior Citizen Fixed Deposit. On this, customers will get an interest of 7.75 percent. The bank has recently launched it. It will pay an additional interest rate of 0.75% annually.

Apart from the additional interest rates, senior citizen FD account holders can enjoy several other benefits on their deposits with RBL Bank. The bank pays the interest rate applicable on the date of deposit on premature full or partial withdrawal of funds.

Customers can also apply for this scheme on the bank’s mobile app.

Customers can apply for this new Super Senior Citizen Fixed Deposit by visiting the bank’s website. Those who use internet banking facility provided by the bank can also book this FD easily. Apart from this, customers can also take the mobile application with the help of RBL Mobank app, branch and contact center.

RBL is also providing free doorstep banking facility to all senior citizens to connect with the banking facility. With the help of this also, super senior citizens can adopt fixed deposits or other FD schemes. Many other banks also have similar schemes and plans for super senior citizens.

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