5 senior citizen bank FDs with up to 8.55% returns

5 senior citizen bank FDs with up to 8.55% returns

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Fixed deposits are quite popular among senior citizens as they offer a guaranteed return to investors. Let's look at banks that are offering the best FD rates.

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Best FD returns for 1-year tenure: Bandhan Bank is offering 8.55 per cent interest to senior citizens.

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Best FD returns for 2-year tenure: RBL Bank is offering 8.30 per cent interest to senior citizens.

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Best FD returns for 3-year tenure: DCB Bank, RBL Bank and Yes Bank are offering 8 per cent interest to senior citizens.

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Best FD returns for 5-year tenure: Yes Bank offers 8 per cent interest rate.

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Best FD returns for 5-year tenure: Axis Bank, IndusInd Bank and Dhanlaxmi Bank are offering 7.75 per cent interest to senior citizens.

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