This Bank Is Offering 8.55% Interest Rate On Fixed Deposit For Super Senior Citizens

RBL Bank, a renowned private sector bank has recently revised its fixed deposit (FD) interest rates. According to the bank's official website, the FD rates were changed on June 1, 2023.

RBL Super Senior Citizen Fixed Deposits

RBL Bank is offering an attractive interest rate of 8.55% per annum for super senior citizens. The interest rate of 8.55% p.a. is significantly higher than standard rates,

Interest Rate

Super Senior Citizens (those aged 80 and above) are entitled for an additional interest rate of 0.75% per annum. Senior Citizens/Super Senior Citizens rates do not apply to Non Resident Fixed Deposits (NRE/NRO).

Senior Citizen

Senior citizens (60 to less than 80 years old) are entitled for an additional 0.50% p.a. interest rate. For older adults, the bank offers interest rates ranging from 4% to 7.50%.

Regular Citizens

Bank is offering FD Rates ranging between 3.50% to 7% to the General Public, according to the bank.

Deposits below Rs.2 crore
Period of DepositDomestic & Flexi FD Interest Rates p.a.Senior Citizen Interest Rates p.a.NRE Interest Rates p.a.NRO Interest Rates p.a.
7 days to 14 days3.50%4.00%NA3.50%
15 days to 45 days4.00%4.50%NA4.00%
46 days to 90 days4.50%5.00%NA4.50%
91 days to 180 days4.75%5.25%NA4.75%
181 days to 240 days5.50%6.00%NA5.50%
241 days to 364 days6.05%6.55%NA6.05%
365 to 452 days (12 months to less than 15 months)7.00%7.50%7.00%7.00%
453 days to less than 24 months (15 months to less than 24 months)7.80%8.30%7.80%7.80%
24 months to less than 36 months7.50%8.00%7.50%7.50%
36 months to 60 months 1 day7.10%7.60%7.10%7.10%
60 months 2 days to 240 months7.00%7.50%7.00%7.00%
Tax Savings Fixed Deposit (60 months)7.10%7.60%NA7.10%

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