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Senior Citizen FD: Which Bank Offers Highest Returns on Rs 10,000 Deposit?
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News18•01-10-2026, 15:56
Senior Citizen FD: Which Bank Offers Highest Returns on Rs 10,000 Deposit?
- •Top 5 banks offer 7.2% to 7.5% interest rates on Fixed Deposits for senior citizens.
- •Senior citizens can earn varying returns on a Rs 10,000 FD for one year across different banks.
- •Bandhan Bank provides the highest return for senior citizens with an annual interest rate of 7.5%.
- •A Rs 10,000 deposit in Bandhan Bank's Senior Citizen FD can grow to approximately Rs 10,771 in one year.
- •Yes Bank offers an annual interest rate of 7.2%, making a Rs 10,000 deposit approximately Rs 10,734 in one year.
Key Questions Answered
The five banks offering interest rates between 7.2 percent and 7.5 percent to senior citizens for fixed deposits include Bandhan Bank, RBL Bank, IndusInd Bank, DCB Bank, and Yes Bank.
If you deposit Rs 10,000 in Yes Bank's Senior Citizen FD at an annual interest rate of 7.2 percent, you can receive approximately Rs 10,734 after one year, yielding a profit of about Rs 734.
Depositing a lump sum of Rs 10,000 in Bandhan Bank's Senior Citizen FD provides an annual interest rate of 7.5 percent, growing your deposit to approximately Rs 10,771 after one year with a profit of about Rs 771.
