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FD Rate for Senior Citizen: Elderly can get nearly 9% rate on FD with THIS bank! Check here

FD Rate for Senior Citizen: Jana Small Finance Bank (SFB) has increased the rate of interest on fixed deposits (FD) of less than Rs 2 crore. According to the bank’s official website, the new rates will go into effect from December 15, 2022. Following the revision, the bank’s interest rate on deposits maturing in 7 […]

FD Rate for Senior Citizen: Jana Small Finance Bank (SFB) has increased the rate of interest on fixed deposits (FD) of less than Rs 2 crore. According to the bank’s official website, the new rates will go into effect from December 15, 2022. Following the revision, the bank’s interest rate on deposits maturing in 7 days to 10 years now ranges from 3.75% to 6.00% for the common public and 4.70% to 6.95% for senior citizens.

For FDs maturing in 2 or 3 years, Jana Small Finance Bank (SFB) is currently offering a maximum interest rate of 7.85% for general citizens and 8.80% for senior citizens.

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FD Rate for Senior Citizen: Many banks — State Bank of India (SBI), HDFC Bank, ICICI Bank, Kotak Mahindra Bank, and YES Bank, offer interest rates on senior citizen fixed deposits below Rs 2 crore investment. But here you get know to about Jana Small Finance Bank Fixed Deposit Rates

Jana Small Finance Bank Fixed Deposit Rates

The bank is offering 3.75% on deposits maturing in the next 7-14 days, while Jana Small Finance Bank (SFB) is offering 4.25% on deposits maturing in the next 15-60 days.

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Jana Small Finance Bank (SFB) is offering 5.25% and 5.50% interest rates on FDs maturing in 61 to 90 days and 91 to 180 days, respectively. Deposits maturing between 181-364 days and one year will earn 7.00% and 7.25% interest, respectively.

The bank is now offering a 7.50% interest rate on deposits maturing in one to two years, and Jana Small Finance Bank is now offering a 7.85% interest rate on deposits maturing in two to three years.

Deposits maturing in 3 to 5 years will pay 7.35% interest, while deposits maturing in 5 years will pay 7.25% interest. Jana Small Finance Bank is now offering a 6.00% interest rate on FDs maturing in the next five to ten years.

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Written By

Divya Richa

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