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

The highest Nainital Bank Senior Citizen FD rate is 7.10% p.a. on deposit for the tenure of 444 Days.

Is Nainital Bank FD Safe for Senior Citizens?

Nainital 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 Nainital Bank FD?

Yes, Nainital 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 Nainital Bank Senior Citizen FD?

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

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

Yes. Interest earned on Nainital 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.

Nainital Bank Senior Citizen Fixed Deposit Rates

Name: Nainital Bank Senior Citizen FD Rates
Brand: Interest Rates
Rating: 4.9 (7402 reviews)

Nainital Bank offers attractive FD rates for senior citizens ranging from 3.75% to 7.10% p.a. across tenures of 7 days to 10 years. Continue reading for the latest Nainital Bank Senior Citizen FD rates.

Nainital Bank Senior Citizen FD Snapshot	Details
Highest Senior Citizen FD Rate	7.10%
FD Tenure Range	7 days to 10 Years
Minimum FD Amount	Rs. 1000/-
Premature Withdrawal Facility	Available
Loan Against FD	Up to 90% of the fixed deposit amount.

Nainital Bank Senior Citizen FD Rates

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

Tenure	Senior Citizen FD Rates (per annum)
7-14 days	3.75%
15-30days	3.75%
31-45days	3.75%
46-90 days	4.75%
91-179 days	4.75%
180 days and above but less than 270 days	5.45%
270 days and above but less than -1- year	6.25%
-1- year and above but less than or equal to 18 months	6.80%
Above 18 months but less than or equal to -2- years	7.00%
Naini Samriddhi - 444 Days	7.10%
Above -2 -years but less than or equal to -3- years	6.75%
Above -3- years but less than or equal to –5- years	6.25%
Above-5- years but less than or equal to upto 10 years	5.85%
Naini Tax Saver Scheme*	6.25%

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

Nainital Bank Super Senior Citizen FD Rates

Nainital Bank offers an additional interest rate to super senior citizens, typically individuals aged 80 years and above. Here is a breakdown of Nainital Bank super senior citizen fixed deposit rates:

Tenure	Super Senior Citizen FD Rates (per annum)
7-14 days	3.85%
15-30days	3.85%
31-45days	3.85%
46-90 days	4.85%
91-179 days	4.85%
180 days and above but less than 270 days	5.55%
270 days and above but less than -1- year	6.35%
-1- year and above but less than or equal to 18 months	6.30%
Above 18 months but less than or equal to -2- years	7.10%
Naini Samriddhi - 444 Days	7.20%
Above -2 -years but less than or equal to -3- years	6.85%
Above -3- years but less than or equal to –5- years	6.35%
Above-5- years but less than or equal to upto 10 years	5.95%
Naini Tax Saver Scheme*	6.35%

Compare Nainital Bank Senior Citizen FD Interest Rates with Other Banks

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

Bank	Highest Rate
Nainital Bank	7.10% (444 Days)
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)
Capital Small Finance Bank	7.60% (12 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)

Frequently Asked Questions