Top Banks Offer 7.2% FD Interest for Seniors

Some banks in India give extra money to older people who save with them.

This is called interest.

The most they give is 7.2%.

Different banks give this extra money for different amounts of time.

For example, HDFC Bank gives 7.1% for 18-21 months.

ICICI Bank and Kotak Mahindra Bank give 7.2% for 2 to 5 years and 391 days to less than 2 years, respectively.

Federal Bank gives 7.2% for 36 months.

State Bank of India gives 7.05% for 5 to 10 years.

Canara Bank gives 7.0% for 444 days.

Union Bank of India gives 7.1% for 3 years.

It's good to check these rates before saving money.