in india super senior citizen (People aged 80 years and above) can earn higher returns on their Fixed Deposit (FD) than normal citizens and senior citizens. State Bank of India (SBI), Punjab National Bank (PNB), Indian Bank, Union Bank of IndiaAnd RBL Bank Like big banks are providing attractive interest rates for this age group.

Generally, investors above 60 years of age get 0.25% to 0.75% higher interest on FD. There itself, super senior citizen Are also given additional benefits compared to senior citizens. Many banks have launched special FD schemes that help them give higher returns.

Who are super senior citizens?

Section 194P of Income Tax Act, 1961 According to the , resident individuals aged 80 years and above super senior citizen It is believed.

If you are a super senior citizen and want to avail better interest rates on FD, here is information about those banks and schemes that offer you higher returns.

1. State Bank of India (SBI)

SBI For citizens aged 80 years and above ‘SBI Patrons’ Has launched a special FD scheme named.

• Features of the scheme:
  • Extra on normal interest rates for senior citizens 10 basis points (bps) Interest rate is given.
  • 2 years to less than 3 years And 5 years to 10 years Interest rate up to 7.60% is available on FD.
  • This plan is available for both existing and new customers.

conclusion: This scheme of SBI helps super senior citizens to get higher returns on their investments.

2. Punjab National Bank (PNB)

pnb has introduced attractive interest rates for super senior citizens.

• Features of the scheme:
  • At card rates applicable for all maturity periods 80 bps Get more interest.
  • period of 400 days For 8.10% Maximum interest rate of Rs.

conclusion: PNB Super offers higher benefits on long term FDs for senior citizens.

3. Indian Bank

Indian Bank Compared to ordinary senior citizens, super senior citizens 25 bps Gives higher interest rates.

• Special Schemes:
  1. IND SUPER 400 DAYS,
     • On investment from Rs 10,000 to Rs 3 crore 8.05% Interest rate of.
     • Scheme valid till 31 March 2025.
  2. IND SUPREME 300 DAYS,
     • On investment from Rs 5,000 to Rs 3 crore 7.80% Interest rate of.

conclusion: Indian Bank’s special schemes offer excellent returns to investors in the short and medium term.

4. RBL Bank

RBL Bank has introduced special interest rates on FDs to provide further incentives to super senior citizens.

• Features of the scheme:
  • to senior citizens 0.50% additional interest Get it.
  • Super Senior Citizen as compared to Senior Citizen 0.25% more (total 0.75%) Additional interest is given.
  • 8.75% on 500 days FD Interest rate up to.
  • These interest rates only Non-Resident FD Not applicable to (NRE/NRO).

conclusion: RBL Bank Super offers higher interest rates for senior citizens in shorter tenures.

5. Union Bank of India

Union Bank of India Super gives senior citizens the benefit of higher interest rates than senior citizens.

• Features of the scheme:
  • Resident senior citizens at normal rates 0.50% more Get interest.
  • Additional benefits to Resident Super Senior Citizens as compared to Senior Citizens 0.25% Get more interest.

conclusion: Union Bank of India offers stable and competitive returns on FD.

Importance of FD for super senior citizen

1. Source of fixed income:

   FD investment provides fixed and secure income to super senior citizens.

2. Increase in interest rates:

   Benefit of better returns as per age.

3. Risk-Free Option:

   FD is a safe investment which is not affected by market volatility.