Senior Citizens: Highest paying 7% interest by these bank on three year on Fixed Deposit

By Raju Khan I.

Senior citizens have a lot of money. But they are not able to use it properly. They should invest some money in some savings scheme and to solve this problem, some government and non-government banks pay the highest interest to their customers on their fixed deposits. In this, the highest rate of interest is 7%, which is given on three years deposit. The Reserve Bank of India has kept the repo rate at 4% for two years. Banking Expert Bank According to the market, some small banks give low interest rate and some banks give 7%. 7% is the highest profit to date. Let us try to know in details which are the banks which pay the highest interest.

                                                                     (1)

                          

RBL Bank

RBL Bank pays the highest interest of 7% to its Senior Citizen customers on their Fixed Deposit Scheme if the investment tenure is selected for three years. RBL Bank comes second on the highest paying interest. If a bank customer who is a senior citizen and he invests one lakh rupees in fixed deposit for three years, then after three years he will get Rs 1,23144.

                                                                               (2)

                         

Bandhan Bank

Bandhan Bank pays 7% interest to its senior citizens customers, this is the highest interest among private banks. If a customer invests Rs 1 lakh for three years, then Rs 1,23,144 on completion of three years. Canara Bank also offers the same scheme to its customers on fixed deposits if they choose a tenure of three years.

                                                                      (3)
                         

DCB Bank

DCB Bank pays 6.75% interest to its senior citizen customers on fixed deposits of three years. An investment of  Rs 1 lakh, which a customer makes for three years, will get Rs 1,22,239 on completion of the third year. Apart from this, there is another bank whose name is Yash Bank, that also gives the same scheme to its senior citizen customers.


                                                                      (4)

                         

Axis Bank

Axis Bank pays 6.5% interest to its senior citizen customers on fixed deposits for three years. An investment of Rs 1 lakh, which a customer makes for three years, will get Rs 1,21,341 on completion of the third year.


(5)

IDFC First Bank

IDFC first Bank pays 6.25% interest to its senior citizens customers. If a customer invests one lakh rupees for three years, then on completion of three years, he will get Rs 1,20,448. IndusInd Bank also pays the same interest to its senior citizen customers if they invest for three years.


                                                                              (6)



Federal bank

Federal Bank pays 5.85% interest to its senior citizens customers, this is the highest interest in private banks. If a customer invests Rs 1 lakh for three years, then Rs 1,19,033 on completion of three years. ICICI Bank also gives the same scheme to its customers if they choose a period of three years.


                                                                                   (7)


HDFC bank

HDFC Bank pays the highest interest of 5.7% to its Senior Citizen customers on their Fixed Deposit Scheme if the investment tenure is selected for three years. HDFC Bank to its customers who are senior citizens and if they invest Rs 1 lakh in fixed deposits for three years, then after three years they will get Rs 1,18,506. SBI Bank (State Bank of India) also pays the same interest to its senior citizen customers if they invest for three years.

Note: The above Fixed Deposit rates for senior citizens for minimum investment for 3 year are updated as of 7th March 2022. and are applicable to deposits below Rs. 2 crores.

Comment us for any other information. Your comment is important to us and we will try to respond immediately. If you have any suggestion then give that too, we will take care of it immediately. 


Comments

Post a Comment

https://connectkhanraju.blogspot.com/2022/04/indias-10-wealthiest-very-rich-people.html

Shah Rukh Khan’s hold up got longer to star on Disney+ Hotstar

By Raju Khan I.
Image
The on-screen character (Shah Rukh Khan) is up against the Tata IPL, motion pictures and appears or equal on-screen characters, and up and coming superhero entertainment. Jealousy always makes us do wrong things. Be it any industry. Film industry is a place where this thing is not new. It is not always a new thing in the film industry for each other. There will be a smile on the face but it remains in the heart that its movie does not go well. ALSO READ:  India's 10 wealthiest very rich people 2022 Shah Rukh Khan (The King of Bollywood) said that he is going to launch his own OTT app. He has said this because he did not get a place in Disney + Hostar and all his teammates and rivals have got a place. This is a very strange poor thing. The biggest romantic and film actor, producer and director of the film industry did not find a place. This wait has become too long. For Shah Rukh Khan. This fear is quite open to Shah Rukh Khan. That's why he has launched his own OTT app called S...
Read more

e-Shram Card: e-sharam card check eligibility details and who can apply

By Raju Khan I.
Image
e-Shram Card: The Card only for daily worker and weaker section of country  Table of Contents History Objective Benefit Who can apply Eligibility Criteria How to register what documents are needed How To Check Receiving Money Status ALSO READ THIS  Atal Beemit Vyakti Kalyan Yojana (ABVKY) for Insured Employees History The Ministry of Labor and Implementation is the oldest and an important ministry of the Government of India. There are more than 38 crore workers in the country. Which is more than 90% of the total employment of the country. Shouldn't they also have equal right to live like the organized sector? After many years of independence, the Ministry of Labor has started a new initiative. And the National Database of Unorganized Workers has created the e-shram portal. In which works for the interests, protection and welfare of the workers. It deals with how to improve the lives and everyday work of workers. Labor is the most important part of our country, because of them ...
Read more

RBI: Cardless withdrawals from any bank’s ATM in India

By Raju Khan I.
Image
RBI: Cardless withdrawals from any bank’s ATM in India         RBI Governor Mr. Shaktikanta Das on 8 April 2022 . ALSO READ:  UNI Card pay 1/3 card: A Revolution The Governor of Reserve Bank of India, Mr. Shaktikanta Das has said in a statement today i.e. on April 8, 2022 that his plan is to allow all bank ATMs in the country to withdraw inter-operable cardless cash. The Governor said in the monetary policy announcement that such cash withdrawal facility is feasible through Unified Payment Interface and can be accomplished using UPI. Cardless cash withdrawal facility is currently limited in some banks. Read the complete information about the cardless cash withdrawal facility which is given below. What is interoperability and how to withdraw cash from cardless Interoperability is basically a property that allows the sharing of systems and resources. It has the ability to share data between machines. As of now, there are few banks which allow their customers to wi...
Read more