The Economic Times News

FD rate up to 8% for senior citizens investing for three years; Know the full list of banks

Senior citizens can now earn up to 8% interest on fixed deposits for three-year terms. Jana Small Finance Bank and Utkarsh Small Finance Bank are leading with this attractive rate. Other banks also offer competitive rates for longer tenures. Investors should note TDS rules and the option to submit Form 15H to avoid deductions if eligible.