Rahul just left a comment answering another reader about the best fixed deposit interest rate available for senior citizens right now.
I was certainly not aware of this, and at 10.5% for 8 years – Canara Bank is offering the best interest rate to senior citizens right now.
Some other banks that offer high interest rates are Axis Bank, IDBI and Tamil Nadu Mercantile Bank – all of them offer 10% to senior citizens for varying durations.
If you know of anything better then please leave a comment and I’ll update the post, and here is my earlier post about banks with high interest rates on their fixed deposits.
I want to know current interest rate in nationalised bank for time deposit
Best long term interest rates with figures
for senior citizens .
I m retiring on 31.03.15.I hve to invest Rs. 50.00 lk.Suggest better rate of int. On diff. Nationalise bank.
which bak will give highest rate of interest to senior citizens for deposit monthly
Inf such as this help senior citizens to know the best int rate in Banks.But some banks do not update the latest figures
i want to fix 3 lakhs rupees for 2 or 3 years. which bank is the best for it.
PNB.CBI.and KENERA bank is my nearest site.i am a sinior citizen person.
I wanted to know the best interest rate on fixed deposit to Senior citizens in nationalized banks .The period of investment will be minimum one year to three years under monthly interest/quarterly interest payment plan. You can suggest Post office investment plan if any which yields more interest than public sector banks.
I wanted to know about the best interest rate on fixed deposit to senior citizens in Nationalized Bank
I wanted to know about the best interest rate on fixed deposit to senior citizens in Nationalized Bank as I have to invest Rs,10/lakh on 02-04-2013
I WANT CANARA BANK “RD” INTEREST RATE ?
I would like to get interest rates of different banks for different periods(nationalised banks only) for FDs for senior citizens upto an investment of RS. 1000000.once in a week.
Here is a list which I update from time to time http://www.onemint.com/2012/07/30/best-bank-fixed-deposit-interest-rates-for-senior-citizens/
This list is a bit dated now but you can subscribe to it, and when I make updates to it you can get notifications.
I would like to get the interest rates of different banks for different periods ( both private and scheduled) for FDs for senior citizens periodically
Hi
I hope that the readers of onemint will find following links useful
A (a) Fixed Deposit Rates
You can get FD rates based on institution types like banks (Public Sector / Nationalized Banks, Indian Private Sector Banks, Foreign Banks, Cooperative Banks, Post Office Savings Schemes, Companies etc.). You can get interest rates selecting as per deposit period range or you can select specific deposit period for your fixed deposit. Many banks pay different rates of interest for large deposits, you can select this criteria as well.
You can also search for senior citizen and non senior rates as well.
The search is broadly categorized in 4 types:
1. FD rates based on institution type/deposit period range
2. FD rates based on institution type/specific deposit period
3. FD rates in selected institutions/deposit period range
4. FD rates in selected institutions/deposit period range
You then fill your search criteria and the resulting table can runs into hundreds of pages. In many cases you have to narrow your search or you have to be specific in your search so that the table may not run in many pages.
You can sort this table as per you choice as per alphabetical list of institutions, period of deposit and rate of interest (highest to lowest) by clicking on the first row of the table.
http://www.ratekhoj.com/fixed-deposits/fixed-deposit-rates/index.php
B. Calculators
Fixed Deposit Interest Calculator – Calculate how much interest payments you can get based on your fixed deposit amount, interest rate and interest payment period.
FD Maturity Calculator – Calculate the maturity amount and effective yield (compound interest rate) of your fixed deposit based on your deposit amount, interest rate and duration
http://www.ratekhoj.com/calculators.php
C. Find Bank IFSC Codes, MICR Codes, Postal Addresses
http://www.ratekhoj.com/banks/index.php
Umesh
Please keep on sending up dated Fixed Deposite Interest Rate for Senior Citizens.
This is an interesting site. In this scenario, it is very important to have the rates in tips. FDs are better investment when interest rates are high.I came across same kind of article in want2rich.com. I am publishing the link. you cn check : http://www.want2rich.com/2011/05/personal-finance/bank-fixed-deposit-rates-india/. I think this is also useful.
what is the fix diposit rate for senior citizen by 2011
PNB, SBI, VIJYA BANK
Thanks for such a nice post for senior citizens.
Please keep on sending up dated interest for senior citizens