National Senior Citizens Day Special: PSU banks 444-day special FD; compare maturity on Rs 10,00,000 investment
Published on 21/08/2025 04:55 PM
National Senior Citizens Day is celebrated on August 21 every year. The day is observed to honour the contributions of older adults to society. The former President of the USA, Ronald Reagan, officially proclaimed August 21st as National Senior Citizens Day in 1988. People celebrate National Senior Citizens Day by spending time with elderly loved ones, hearing their tales, working at senior centers, or just showing gratitude for their achievements.
On this special day, we talk about senior citizens' special fixed deposit (FD) schemes provided by PSU banks like State Bank of India (SBI), Bank of Baroda (BoB), Canara Bank, Indian Bank, and Indian Overseas Bank. Let's see what these banks offer you on the 444-day special FD scheme and what senior citizens can get on a Rs 10 lakh deposit.
The PSU bank offers a 7.10 per cent interest rate to senior citizens on this special FD scheme.
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On a deposit of Rs 10 lakh, the senior citizens can get Rs 10,89,381 in SBI's Amrit Vrishti scheme.
BoB also gives a 7.10 per cent interest rate to senior citizens on this special FD scheme.
On a deposit of Rs 10 lakh, the senior citizens can get Rs 10,89,381 in BoB's 444-day FD scheme.
Canara Bank offers a 7 per cent interest rate to senior citizens on a 444-day special FD scheme.
On a deposit of Rs 10 lakh, the senior citizens can get Rs 10,88,079 in Canara Bank's 444-day FD scheme.
Indian Bank offers a 7.20 per cent interest rate to senior citizens on a 444-day special FD scheme.
On a deposit of Rs 10 lakh, the senior citizens can get Rs 10,90,684 in Indian Bank's 444-day FD scheme.
Indian Overseas Bank offers a 7.25 per cent interest rate to senior citizens on a 444-day special FD scheme.
On a deposit of Rs 10 lakh, the senior citizens can get Rs 10,91,335 in Indian Overseas Bank's 444-day FD scheme.
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A senior sub-editor with Zee Business, Bhawna has an experience of almost a decade in writing and reporting in the financial industry. She has previously worked with companies like VCCi ...LATEST NEWSBy accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.