LatestCorporate Compliance 28 June 2026
Senior FD Rates Rise
Senior citizens seeking secure investments are finding attractive options in fixed deposits, especially for 5-year tenures, with interest rates up to 8.05% offered by various banks including SBI, PNB, HDFC Bank and ICICI, providing a viable alternative for investment and retirement savings, the interest rates are subject to change based on the bank's policy and market conditions
Senior citizens can now earn up to 8.05% interest on their 5-year fixed deposits. The banks offering these rates include SBI, PNB, HDFC Bank, and ICICI. Key features of these deposits include:
- High interest rates for senior citizens
- 5-year tenure
- Secure investment option
The interest rates are as follows:
- SBI: up to 8.05%
- PNB: up to 8.05%
- HDFC Bank: up to 8.05%
- ICICI: up to 8.05%
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