What is the highest Jammu and Kashmir Bank FD rate for senior citizens?

The highest Jammu and Kashmir Bank Senior Citizen FD rate is 7.80% p.a. on deposit for the tenure of 888 Days.

Is Jammu and Kashmir Bank FD Safe for Senior Citizens?

Jammu and Kashmir 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 Jammu and Kashmir Bank FD?

Yes, Jammu and Kashmir 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 Jammu and Kashmir Bank Senior Citizen FD?

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

Is interest earned on Jammu and Kashmir Bank Senior Citizen Fixed Deposits taxable?

Yes. Interest earned on Jammu and Kashmir 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.

Jammu and Kashmir Bank Senior Citizen Fixed Deposit Rates

Name: Jammu and Kashmir Bank Senior Citizen FD Rates
Brand: Interest Rates
Rating: 4.7 (9247 reviews)

Jammu and Kashmir Bank offers attractive FD rates for senior citizens ranging from 4.25% to 7.80% p.a. across tenures of 7 days to 10 years. Continue reading for the latest Jammu and Kashmir Bank Senior Citizen FD rates.

J&K Bank Senior Citizen FD Snapshot	Details
Highest Senior Citizen FD Rate	7.80%
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.

Jammu and Kashmir Bank Senior Citizen FD Rates

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

Tenure	Senior Citizen FD Rates (per annum)
7 days to 30 days	4.00%
31 days to 45 days	4.25%
46 days to 90 days	5.50%
91 days to 180 days	6.00%
181 days to 270 days	6.40%,
271 days to less than 1 year	6.50%,
1 year to less than 18 months	7.30%,
18 months to less than 2 years	7.20%.
2 years to 887 days	7.25%,
888 days	7.80%,
889 days to less than 3 years	7.25%
3 years to less than 5 years	7.20%
5 years to 10 years	7.25%

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

Jammu and Kashmir Bank Senior Citizen FD Rates (Above ₹3 Crore)

Jammu & Kashmir 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 30 days	5.25%
31 days to 45 days	5.75%,
46 days to 90 days	6.50%
91 days to 180 days	6.55%
181 days to 270 days	6.50%
271 days to less than 1 year	6.80%
1 year to less than 2 years	7.55%
2 years to 887 days	7.15%
888 days	7.80%
889 days to less than 3 years	7.15%
3 years to less than 5 years	7.05%
5 years to less than 10 years	7.15%

Jammu and Kashmir Bank Super Senior Citizen FD Rates

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

Tenure	Super Senior Citizen FD Rates (Below 3 crore)	Super Senior Citizen FD Rates (Above 3 crore)
7 days to 30 days	4.25%	5.50%
31 days to 45 days	4.50%	6.00%
46 days to 90 days	5.75%	6.75%
91 days to 180 days	6.25%	6.80%
181 days to 270 days	6.65%	6.75%
271 days to less than 1 year	6.75%	7.05%
1 year to less than 18 months	7.55%	_
18 months to less than 2 years	7.45%	_
1 year to less than 2 years	_	7.80%
2 years to 887 days	7.50%	7.40%
888 days	8.05%	8.05%
889 days to less than 3 years	7.50%	7.40%
3 years to less than 5 years	7.45%	7.30%
5 years to less than 10 years	7.50%	7.40%

Compare Jammu and Kashmir Bank Senior Citizen FD Interest Rates with Other Banks

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

Bank	Highest Rate
Jammu & Kashmir	7.80% (888 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
Shriram Finance Bank	7.75% (36 to 60 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)