Latest fixed deposit rates for senior citizens that SBI, HDFC Bank, PNB, other major banks are offering
Fxed deposit rates for senior citizens offered by major banks including SBI, PNB, HDFC bank and more.
Senior Citizen Fixed Deposits come with attractive features like higher interest rates, flexible tenures ranging from 7 days to 10 years, and the option for premature withdrawals or loans. These deposits also offer conveniences such as nomination facilities, automatic renewals, and tax-saving benefits under Section 80C for 5-year tenures. While bulk deposits are an option, they may not always provide preferential rates. Below are the interest rates for senior citizen fixed deposits offered by major banks like SBI, PNB, HDFC Bank, and others.
Higher Interest Rates
![Higher Interest Rates Higher Interest Rates](https://cdn.zeebiz.com/sites/default/files/2024/08/19/312643-interest-rates.jpg)
Flexible Tenure
![Flexible Tenure Flexible Tenure](https://cdn.zeebiz.com/sites/default/files/2024/08/19/312644-fd-5.jpg)
Premature Withdrawals & Loans
![Premature Withdrawals & Loans Premature Withdrawals & Loans](https://cdn.zeebiz.com/sites/default/files/2024/08/19/312645-fd-6.jpg)
Nomination & Automatic Renewals
![Nomination & Automatic Renewals Nomination & Automatic Renewals](https://cdn.zeebiz.com/sites/default/files/2024/08/19/312646-fd-7.jpg)
Tax Savings & Bulk Deposits
![Tax Savings & Bulk Deposits Tax Savings & Bulk Deposits](https://cdn.zeebiz.com/sites/default/files/2024/08/19/312647-fd-8.jpg)
Benefits of Fixed Deposits (FD) for Senior Citizens
![Benefits of Fixed Deposits (FD) for Senior Citizens Benefits of Fixed Deposits (FD) for Senior Citizens](https://cdn.zeebiz.com/sites/default/files/2024/08/23/313722-1-83.jpg)
Guaranteed Returns with Maximum Security
![Guaranteed Returns with Maximum Security Guaranteed Returns with Maximum Security](https://cdn.zeebiz.com/sites/default/files/2024/08/23/313723-2-81.jpg)
Flexible Interest Payout Options
![Flexible Interest Payout Options Flexible Interest Payout Options](https://cdn.zeebiz.com/sites/default/files/2024/08/23/313724-3-74.jpg)
Conversion to Monthly Income
![Conversion to Monthly Income Conversion to Monthly Income](https://cdn.zeebiz.com/sites/default/files/2024/08/23/313725-4-74.jpg)