What is the highest Shivalik Small Finance FD rate for senior citizens?

The highest Shivalik Small Finance Senior Citizen FD rate is 8.50% p.a. for deposits between 23 to 27 Months.

Is Shivalik Small Finance FD Safe for Senior Citizens?

Shivalik Small Finance 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 Shivalik Small Finance FD?

Yes, Shivalik Small Finance 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 Shivalik Small Finance Senior Citizen FD?

The minimum amount required to open a Shivalik Small Finance Senior Citizen Fixed Deposit is ₹1,000.

Is interest earned on Shivalik Small Finance Senior Citizen Fixed Deposits taxable?

Yes. Interest earned on Shivalik Small Finance 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.

Shivalik Small Finance Bank Senior Citizen Fixed Deposit Rates

Name: Shivalik Small Finance Bank Senior Citizen FD Rates
Brand: Interest Rates
Rating: 4.8 (9076 reviews)

Shivalik Small Finance Bank offers attractive FD rates for senior citizens ranging from 3.25% to 8.50% p.a. across tenures of 7 days to 10 years. Continue reading for the latest Shivalik Small Finance Bank Senior Citizen FD rates for senior citizens.

Shivalik Small Finance Bank Senior Citizen FD Snapshot	Details
Highest Senior Citizen FD Rate	8.50%
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.

Shivalik Small Finance Bank Senior Citizen FD Rates (Less Than ₹3 Crore)

The table below provides a detailed breakdown of Shivalik Small Finance Bank Senior Citizen FD rates for fixed deposits below ₹3 crore across different tenure options

Tenure	Senior Citizen FD Rates (per annum)
7 days to 14 days	4.00%
15 days to 29 days	4.25%
30 days to 90 days	4.75%
91 days to 180 days	5.25%
6 months to less than 9 months	6.50%
9 months to 12 months	6.50%
12 months 1 day to less than 18 months	7.25%
18 months to 23 months	8.00%
23 months 1 day to 27 months	8.50%
27 months 1 day to 36 months	8.00%
36 months 1 day to 60 months	6.75%
60 months 1 day to 120 months	6.75%
Tax saver FD 5 Years (60 months)	6.75%

ALSO READ: Bandhan Bank Senior Citizen Fixed Deposit Interest Rates

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

Compare Shivalik Small Finance Bank Senior Citizen FD Interest Rates with Other Banks

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

Bank	Highest Rate
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% (370–380 Days)
Mahindra Finance	7.80% (48 to 60 Months)
Yes Bank	7.75% 18 < 24 months and 36 to < 60 months)
Indusind Bank	7.75% (24 to 36 Months)
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	7.45% (3 years)
ICICI Housing Finance	7.35% (48 to 60 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	7.00% (5 to 10 Years)
Bajaj Finance	7.75% (31 to 60 Months)

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