Best Fd Rates 2024 For Senior Citizens. The sbi increased the sbi senior citizen fd scheme interest rates, effective from 15 june 2024. For utsav fds maturing in 375 days, the bank has increased by 10 bps from 7.15% to 7.25%.

Union bank of india offers an additional rate component to resident senior and super senior citizens on term deposits up to rs. These investment schemes offer senior citizens the privilege to earn higher interest rates than regular investors who are not yet 60 years old.