What is the highest Cosmos Bank FD rate for senior citizens?

The highest Cosmos Bank Senior Citizen FD rate is 7.30% p.a. on deposit for the tenure of 16 months.

Is Cosmos Bank FD Safe for Senior Citizens?

Cosmos Bank fixed deposits are safe as deposits up to ₹5 lakh per depositor per bank are covered under DICGC insurance.

Can senior citizens get a monthly income from a Cosmos Bank FD?

Yes, Cosmos Bank offers non-cumulative fixed deposits where interest can be paid monthly, quarterly, half-yearly, or annually.

What is the minimum amount required to open a Cosmos Bank Senior Citizen FD?

The minimum amount required to open a Cosmos Bank Senior Citizen Fixed Deposit is ₹1,000.

Is interest earned on Cosmos Bank Senior Citizen Fixed Deposits taxable?

Yes. Interest earned on Cosmos Bank Senior Citizen Fixed Deposits is taxable as per the applicable income tax slab. Banks may deduct TDS if annual FD interest exceeds the prescribed threshold limit.

Cosmos Bank Senior Citizen Fixed Deposit Rates

Name: Cosmos Bank Senior Citizen FD Rates
Brand: Interest Rates
Rating: 4.7 (9351 reviews)

Cosmos Bank offers attractive FD rates for senior citizens ranging from 2.00% to 7.30% p.a. across tenures of 7 days to 10 years. Continue reading for the latest Cosmos Bank Senior Citizen FD rates.

Cosmos Bank Senior Citizen FD Snapshot	Details
Highest Senior Citizen FD Rate	7.30%
FD Tenure Range	7 to 10 Years
Minimum FD Amount	Rs. 1000/-
Premature Withdrawal Facility	Available
Loan Against FD	Up to 90% of the fixed deposit amount.

Cosmos Bank Senior Citizen FD Rates

The table below provides a detailed breakdown of Cosmos Bank Senior Citizen FD rates across different tenure options.

Tenure	Senior Citizen FD Rates (per annum)
7 days to 14 days	2.00%
15 days to 30 days	3.00%
31 days to 45 days	3.50%
46 days to 60 days	3.75%
61 days to 90 days	4.25%
91 days to 181 days	6.00%
182 days to less than 9 months	6.50%
9 months to less than 12 months	6.85%
12 months to less than 16 months	7.05%
16 Months	7.30%
Above 16 months to 24 months	7.05%
Above 24 months to 36 months	7.10%
Above 36 months to 10 years	7.15%

Use the Cosmos Bank FD Calculator below to estimate the maturity amount and interest earned on your Cosmos Bank fixed deposit based on your investment amount, tenure, and applicable FD rate.

Cosmos Bank Senior Citizen FD Rates (Above ₹3 Crore)

Cosmos Bank offers a separate set of FD interest rates for senior citizens looking to invest more than ₹3 crore, depending on the tenure. Here is a quick breakdown of senior citizen FD rates above 3 crore-

Tenure	Senior Citizen FD Rates (per annum)
7 days to 14 days	2.00%
15 days to 30 days	3.00%
31 days to 45 days	3.50%
46 days to 60 days	3.75%
61 days to 90 days	5.50%
91 days to 181 days	6.50%
182 days to less than 9 months	6.70%
9 months to less than 12 months	6.85%
12 months to less than 16 months	7.15%
16 Months	7.15%
Above 16 months to 24 months	7.15%
Above 24 months to 36 months	7.10%
Above 36 months to 10 years	7.15%

Compare Cosmos Bank Senior Citizen FD Interest Rates with Other Banks

Several banks currently offer higher interest rates than Cosmos Bank for specific tenures. The table below compares Cosmos Bank senior citizen Fixed Deposit rates with other banks' FD rates.

Bank	Highest Rate
Cosmos Bank	7.30% (16 Months)
Shivalik Small Finance Bank	8.50% (23 to 27 Months)
Suryoday Small Finance Bank	8.25% (30 Months)
Utkarsh Small Finance Bank	8.25% (666 Days)
Jana Small Finance Bank	8.00% (2 to 3 Years)
Mahindra Finance	7.80% (48 to 60 Months)
Yes Bank	7.75% 18 < 24 months and 36 to < 60 months)
Indusind Bank	7.75% (2 to 3 Years)
Slice Small Finance Bank	7.75% (18 Months 1 day to 18 Months 2 day
DCB Bank	8.00% (24-25, 34-35 and 60-61 Months)
Bajaj Finance	7.75% (31 to 60 Months)
RBL Bank	7.70% (18 to 36 months)
Sundaram Finance	7.50% (24 to 60 Months)
Bank of India	7.60% (3 years)
ICICI Housing Finance	7.10% (45 Months)
Kotak Mahindra Bank	7.30% (2 to 3 Years)
Canara Bank	7.10% (555 Days)
ICICI Bank	7.10% (3 to 5 Years)
SBI	7.05% (5 to 10 Years)
HDFC Bank	7.00% (3 to 4 Years)
Bank of Baroda	7.25% (555 Days)

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