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

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

Is Repco Bank FD Safe for Senior Citizens?

Repco 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 Repco Bank FD?

Yes, Repco 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 Repco Bank Senior Citizen FD?

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

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

Yes. Interest earned on Repco 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.

Repco Bank Senior Citizen Fixed Deposit Rates

Name: Repco Bank Senior Citizen FD Rates
Brand: Interest Rates
Rating: 4.8 (13541 reviews)

Repco Bank offers attractive FD rates for senior citizens ranging from 4.25% to 8.25% p.a. across tenures of 30 days to 5 years. Continue reading for the latest Repco Bank Senior Citizen FD rates.

Repco Bank Senior Citizen FD Snapshot	Details
Highest Senior Citizen FD Rate	8.25%
FD Tenure Range	30 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.

Repco Bank Senior Citizen FD Rates

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

Tenure	Senior Citizen FD Rates (per annum)
30 days - 45 days	4.25%
46 days - 89 days	5.00%
90 days - 364 days	6.80%
12 Months or 1 year	8.25%
Above 1 year - up to 2 years	8.00%
Above 2 years - up to 3 years	7.75%
Above 3 years - up to 5 years	6.75%
Monthly Payment (24 months)	8.00%

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

Compare Repco Bank Senior Citizen FD Interest Rates with Other Banks

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

Bank	Highest Rate
Repco bank	8.25% (12 Months or 1 Year)
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