Bank offers up to 8.50% rate on senior citizen FD
Suryoday Small Finance Bank has raised the interest rates on its fixed deposit (FD) investment options for senior citizens. The bank now offers senior citizens a 5-year FD rate of 8.50% per annum, a 45 basis points increase from the previous rate. Additionally, the bank has increased the interest rate for an 18-month tenor, offering senior citizens an 8.95% interest rate, a 20 basis points jump from the previous rate. These revised FD rates will be effective from August 15, 2026.
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