Super Senior Citizen Fixed Deposit Interest Rates:Major banks like State Bank of India (SBI) and Punjab National Bank (PNB) have recently made changes in fixed deposit rates (FD rates) or launched new FD schemes for investors above 80 years of age. Generally, investors above 60 years of age get higher interest on FD, which is 0.25% to 0.75% more than normal customers. If you are a super senior citizen and want higher returns on FD, then you can check the details of interest rates of banks like State Bank of India, Punjab National Bank, Indian Bank, Union Bank of India and RBL Bank here.
State Bank of India
SBI ‘for super senior citizens’SBI Patrons‘ Term Deposit Scheme has been launched, in which the highest interest rate of 7.60% is available on FD of 2 years to 3 years. According to the SBI website, under the ‘SBI Patrons’ scheme, super senior citizens are getting 0.10% more interest than the interest rate fixed for senior citizens. Under this scheme, customers can make FD of minimum Rs 1,000 and maximum Rs 3 crore.
Also read: SBI Patrons FD: SBI Patrons Scheme launched for people above 80 years, what is the investment limit, how much interest will be received? full details
Punjab National Bank
Punjab National Bank (PNB) is giving 0.30% more interest on fixed deposits to super senior citizens than senior citizens, which is being given on some special period. The bank’s highest interest rate for super senior citizens is 8.1% on a tenure of 400 days. According to the PNB website, “Super Senior Citizens above 80 years of age are getting 0.80% more interest than the applicable interest rate on all maturity periods.” Senior citizens will get 0.50% more interest rate than the applicable interest rate for tenure up to 5 years and 0.80% more interest for tenure above 5 years if the deposit amount is less than Rs 3 crore.
Indian Bank
The interest rate on fixed deposits of Indian Bank for Super Senior Citizens is 0.25% more than the interest offered to senior citizens. The bank’s special fixed deposit ‘Ind Super’ is offering 8.05% interest for a tenure of 400 days, which is available till March 31, 2025.
Also read : SBI: What is SBI’s Har Ghar Lakhpati Scheme? Every detail including maturity, interest rate
RBL Bank
RBL Bank is giving 0.25% more interest on FD to Super Senior Citizens as compared to Senior Citizens. This private bank is offering the highest interest rate of 8.75% on FD of 500 days for super senior citizens. According to the RBL Bank website, senior citizens (60 to 80 years) will get 0.50% additional interest annually and super senior citizens (80 years and above) will get 0.75% additional interest annually. “Senior Citizen/Super Senior Citizen interest rates are not applicable on Non-Resident Fixed Deposit (NRE/NRO).”
Also read: FD Rates: In the new year, senior citizens are getting up to 9.5 percent interest on FD, check the list of 40 banks before investing money.
Union Bank of India
The interest rate of Union Bank of India for Super Senior Citizen is 0.25% higher than that of Senior Citizen. The highest interest rate available in the bank on FD of 456 days is 8.05%.
According to the website of Union Bank of India, super senior citizens will get 0.75% additional interest on FD compared to ordinary people (which is 0.25% more than the rate given to senior citizens). “The additional interest rate on term deposits of super senior citizens will be applicable to deposits opened or renewed after December 1, 2022.”
