The bank offers fixed deposit (FD) rates for general customers and senior citizens. For general customers, the FD rates are as follows: 6% for 1-year, 7.5% for 3-year, and 6.5% for 5-year tenure. For senior citizens, the rates are 8.3% annually for FDs with 18-24 months tenure. With an additional 0.50% for senior citizens, the rates are 6.5% for 1-year, 8% for 3-year, and 7% for 5-year tenure. This means senior citizens get higher interest rates for longer-term FDs. The interest rates for senior citizens are premium rates, which make it more attractive for them to invest in FDs. The bank’s FD rates are competitive, making it a good option for those looking for a stable and lucrative savings option.

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