What is the highest Standard Chartered Bank FD rate for senior citizens?

The highest Standard Chartered Bank Senior Citizen FD rate is 7.10% p.a. on deposit for the tenure of 1 Year to 367 Days.

Is Standard Chartered Bank FD Safe for Senior Citizens?

Standard Chartered 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 Standard Chartered Bank FD?

Yes, Standard Chartered 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 Standard Chartered Bank Senior Citizen FD?

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

Is interest earned on Standard Chartered Bank Senior Citizen Fixed Deposits taxable?

Yes. Interest earned on Standard Chartered 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.

Standard Chartered Bank Senior Citizen Fixed Deposit Rates

Name: Standard Chartered Bank Senior Citizen FD Rate
Brand: Interest Rates
Rating: 4.7 (11546 reviews)

Standard Chartered Bank offers attractive FD rates for senior citizens ranging from 2.75% to 7.10% p.a. across tenures of 7 days to 5 years. Continue reading for the latest Standard Chartered Bank Senior Citizen FD rates.

Standard Chartered Bank Senior Citizen FD Snapshot	Details
Highest Senior Citizen FD Rate	7.10%
FD Tenure Range	7 days to 5 Years
Minimum FD Amount	Rs. 10,000/-
Premature Withdrawal Facility	Available
Loan Against FD	Up to 90% of the fixed deposit amount.

Standard Chartered Bank Senior Citizen FD Rates

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

Tenure	Senior Citizen FD Rates (per annum)
7-9 days	2.75%
10-14 days	2.75%
15 -17days	2.75%
18-20days	2.75%
21-23days	2.75%
24-26 days	2.75%
27-29days	2.75%
30-32 days	2.75%
33-35 days	2.75%
36-38 days	2.75%
39-41 days	2.75%
42-44 days	2.75%
45 -47 days	3.25%
48-50 days	3.25%
51-53 days	3.25%
54-56 days	3.25%
57-59 days	3.25%
60-74 days	3.50%
75-85 days	3.50%
86 -104 days	4.75%
105-120 days	4.75%
121 -149 days	4.75%
150-164 days	4.75%
165-180 days	4.75%
181-210 days	5.75%
211-226 days	5.75%
227 – 269 days	5.75%
270 days-345 days	5.75%
346 days-364 days	5.75%
1yr – 376days*	7.10%
377 -379 days	4.50%
380 – 390 days	7.00%
391 days < 18 Months	7.00%
18M < 21M	7.00%
21M < 2 Yrs	7.00%
2 Yrs < 3 Yrs	7.00%
3 Yrs < 4 Yrs	7.00%
4 Yrs < 5Yrs	7.00%
5Yrs	6.75%

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

Compare Standard Chartered Bank Senior Citizen FD Interest Rates with Other Banks

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

Bank	Highest Rate
Standard Chartered Bank	7.10% (1 Year- 367 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)

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