![]() ![]() This implies that under HDFC Bank Senior Citizen Care FD senior citizens will get good returns of 6.25%.īank of Baroda Special FD Scheme For Senior Citizensīank of Baroda (BoB) is providing senior citizens 100 bps more on these deposits. HDFC Bank provides a higher interest rate of 75 bps on these special deposits. "An Additional Premium of 0.25% (over and above the existing premium of 0.50%) shall be given to Senior Citizens who wish to book the Fixed Deposit less than 5 crores for a tenure of 5 (five) years One Day to 10 Years, during special deposit offer commencing from 18th May'20 to 30th Sep’21," the bank mentioned on its website. HDFC Bank Special FD Scheme For Senior Citizens "SBI Wecare" deposit scheme stands extended till 30th September 2021," SBI said. "A special “ SBI Wecare" Deposit for Senior Citizens introduced in the Retail TD segment wherein an additional premium of 30 bps (over & above the existing 50 bps as detailed in the above table) will be paid to Senior Citizen’s on their retail TD for '5 Years and above' tenor only. Whereas under the special FD scheme the current interest rate is capped at 6.20% for senior citizens. Currently, SBI offers the general public a 5.4 per cent interest rate on five years FD. The SBI special FD scheme for elderly people will offer interest rates at 80 basis points (bps) above the rate available to the regular investors. SBI Special FD Scheme For Senior Citizens ![]()
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