Senior citizens special fixed deposit scheme: Latest FD interest rates of SBI, ICICI, BoB, HDFC Bank1 min read . Updated: 14 Feb 2021, 10:15 AM IST
Let's take a look at the senior citizens special FD scheme interest rates offered by SBI, Bank of Baroda, ICICI and HDFC Bank
Senior citizens special fixed deposit (FD) schemes are offered by top banks such as State Bank of India (SBI), HDFC Bank, ICICI Bank, and Bank of Baroda (BoB). Extra interest rates are being provided by these banks under this scheme over the existing rates applicable for them on term deposits. Amid the coronavirus pandemic, this special FD scheme was launched in May to safeguard the interests of senior citizens as the interest rates were falling rapidly. This special FD scheme is available for senior citizens till 31 March 2021.
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