What is the highest Sundaram Finance FD rate for senior citizens?

The highest Sundaram Finance Senior Citizen FD rate is 7.50% p.a. on deposit for the tenure of 24 to 36 Months.

Is Sundaram Finance FD Safe for Senior Citizens?

Sundaram 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 Sundaram Finance FD?

Yes, Sundaram 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 Sundaram Finance Senior Citizen FD?

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

Is interest earned on Sundaram Finance Senior Citizen Fixed Deposits taxable?

Yes. Interest earned on Sundaram 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.

Sundaram Finance Senior Citizen Fixed Deposit Rates

Name: Sundaram Finance Senior Citizen FD Rates
Brand: Interest Rates
Rating: 4.9 (10262 reviews)

Sundaram Finance offers attractive FD rates for senior citizens ranging from 7.20% to 7.50% p.a. across tenures of 7 days to 10 years. Continue reading for the latest Sundaram Finance Senior Citizen FD rates.

Sundaram Finance Senior Citizen FD Snapshot	Details
Highest Senior Citizen FD Rate	7.50%
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.

Sundaram Finance Senior Citizen FD Rates

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

Tenure	Senior Citizen FD Rates (per annum)
12 Months	7.20%
24 Months	7.50%
36 Months	7.50%

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

Compare Sundaram Finance Senior Citizen FD Interest Rates with Other Banks

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

Bank	Highest Rate
Sundaram Finance	7.50% (24 to 36 Montsh)
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)

Frequently Asked Questions