Senior Citizens special FDs: Check these 2 banks' special FDs for senior, super senior citizens
By Sneha Kulkarni, ET Online |
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Special offering by DCB Bank
DCB Fixed Deposit for senior citizens offers competitive interest rates ranging from 4.25% to 8.55% per annum for specified duration of the deposit. It provides flexible tenure options from 7 days to 10 years, along with an overdraft facility of up to 80% of the FD value without breaking the deposit. Senior citizens can also choose from flexible interest payout options (monthly, quarterly, half-yearly, or annual) and enjoy value-added services such as a complimentary 25 leaves cheque book and doorstep banking services.
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DCB Health Plus Fixed Deposit
The DCB Health Plus Fixed Deposit is a comprehensive financial product that offers attractive returns along with free medical benefits and emergency services, making it particularly valuable for senior citizens. Under this scheme, for Fixed Deposits (FDs) of Rs 25 Lakh and above, customers receive 10 general physician/ specialist/ hospital (Out Patient Department) OPD visits, 10 prescribed pharmacy expense claims up to Rs 3,000, unlimited emergency ambulance services, and teleconsultation along with face-to-face doctor appointments.
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Benefits of DCB Health Plus Fixed Deposit
Health Plus FD of Rs 3 Lakh to Rs 5 Lakh offer 10 OPD visits and 2 pharmacy claims up to Rs 500, though it do not include emergency or consultation services. The minimum deposit amount is Rs 10,000 and a fixed tenure of 700 days, this FD is available to individuals up to 70 years of age. Furthermore, customers can hold up to four DCB Health Plus Fixed Deposits, with the added advantage of flexible, partial, and premature withdrawals. This FD not only secures your financial future but also ensures your health needs are met, providing peace of mind and financial stability in your later years.
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Special offering by RBL Bank
A Fixed Deposit that offers Senior Citizens a simple investing choice to help yield higher returns. Interest rate of up to 8.6% p.a. for a tenor of 500 days for amounts less than R 3 Cr. Senior Citizens (60 yrs to less than 80 yrs).
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Super Senior Citizens Fixed Deposits
A Fixed Deposit that offers optimal profits while being an uncomplicated investment option for Super Senior Citizens. 8.85% p.a. interest for 500 days tenor | Value <INR 3 Cr. Super Senior Citizens (80 yrs and above).
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Bank of India FDs for seniors
Bank is offering 8.10% p.a. on its 666 Days Fixed Deposit under Non-Callable Deposit for Super Senior Citizen. Bank has continued its “666 Days - Fixed Deposit”, offering an interest rate of 7.30% for customers & general public. Super Senior Citizen will get 7.95% p.a, Senior Citizen will get 7.80% p.a. under our 666 Days Fixed Deposit.