5 NBFCs Offering High-Interest FD for Senior Citizens

1. Bajaj Finance FD

Bajaj Finserv presents variable interest rates on fixed deposits. Non-cumulative deposits held between 15 to 44 months yield 7.70% to 8.60%, while regular senior citizen deposits range from 7.65% to 8.30%.

2. Muthoot Finance FD

Muthoot Cap introduces an annual interest plan with rates of 6.25% to 7.25% for non-cumulative deposits.

3. LIC Housing Finance FD

LIC Housing Finance offers competitive interest rates. Non-cumulative deposits up to Rs. 20 crore yield 7% to 7.75%, while cumulative deposits range from 7.25% to 7.75%. Minimum investment: Rs. 20,000.

4. Sundaram Finance FD

Sundaram Finance entices regular citizens with rates of 7.60% to 8.50%. Senior citizens enjoy 8% to 9%, including a special Jubilee FD offer, potentially earning up to 9.10% p.a.

5. ICICI Home Finance FD

ICICI Home Finance extends rates from 7.25% to 7.75% for senior citizens in a yearly income plan. Special non-cumulative senior citizen deposits yield 7.65% to 7.85%.