These 10 banks offer up to 7.5% interest on three-year FDs for senior citizens

According to data compiled by BankBazaar, several small finance banks and new private banks are offering interest rates of up to 7.5 per cent on three-year FDs for senior citizens.

Senior citizens can invest a part of their savings in these fixed deposits to get maximum returns.

Here is a list of banks that offer the best interest rates on three-year FDs for senior citizens.

Suryoday Small Finance Bank

Among small finance banks, this bank offers the best interest rate of 7.50 per cent on three-year FDs for senior citizens. That is, an investment of Rs 1 lakh increases to Rs 1.25 lakh in three years.

Ujjivan Small Finance Bank

It offers 7.40 percent interest in three-year FDs for senior citizens. The investment of Rs 1 lakh grew to Rs 1.25 lakh in three years.

AU Small Finance Bank

This bank gives 7.25 percent interest in three years FD for senior citizens. The investment of Rs 1 lakh grew to Rs 1.24 lakh in three years.

Bandhan Bank, IndusInd Bank, Yes Bank and Equitas Small Finance Bank

They offer 7 per cent interest on three-year FDs for senior citizens. The investment of Rs 1 lakh grew to Rs 1.23 lakh in three years.

RBL Bank

It offers 6.80 per cent interest on three-year FDs for senior citizens. The investment of Rs 1 lakh grew to Rs 1.22 lakh in three years.

DCB Bank

The bank offers 6.75 per cent on three-year FDs for senior citizens. The investment of Rs 1 lakh grew to Rs 1.22 lakh in three years.

IDFC First Bank

For senior citizens, there is an offer of 6.50 percent on a three-year FD. The investment of Rs 1 lakh grew to Rs 1.21 lakh in three years.

Source