The bank offers fixed deposit (FD) rates for general customers and senior citizens. For general customers, the rates are 8.3% per annum for FDs with 18-24 months tenure. For senior citizens, the rates are 8.8% per annum for FDs with the same tenure. The bank also offers rates for FDs with shorter tenures: 6% for 1-year FDs, 7.5% for 3-year FDs, and 6.5% for 5-year FDs. Senior citizens receive an additional 0.50% on these rates, making them 6.5% for 1-year FDs, 8% for 3-year FDs, and 7% for 5-year FDs. These rates provide a competitive return on investment for customers who opt for FDs, a popular savings option. The bank’s rates are designed to attract and retain customers, particularly senior citizens who may be looking for a secure and reliable investment option.

Source: https://zeenews.india.com/photos/business/10-small-finance-banks-offering-highest-fixed-deposit-rates-to-senior-citizens-2822732