Senior Citizens: Earn 8% on 3-Year FDs! Best Banks Revealed for High Returns

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News18•23-12-2025, 17:51
Senior Citizens: Earn 8% on 3-Year FDs! Best Banks Revealed for High Returns
- •Senior citizens can secure an 8% interest rate on 3-year Fixed Deposits (FDs) from specific banks.
- •Jan Small Finance Bank and Utkarsh Small Finance Bank are offering an 8% interest rate for senior citizens on their 3-year FDs.
- •Other small finance banks like Ujjivan (7.7%), AU (7.6%), Slice (7.5%), Equitas (7.5%), and Shivalik (7.5%) also provide competitive rates.
- •Bank FDs are a popular investment choice for senior citizens due to fund security and higher interest rates compared to general citizens.
- •Investment experts recommend FDs for guaranteed returns with no risk, making them ideal for long-term financial planning.
Why It Matters: Senior citizens can get 8% interest on 3-year FDs from Jan and Utkarsh Small Finance Banks.
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